Colour Change ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Colour Change ApS
Colour Change ApS (CVR number: 39269872) is a company from GLADSAXE. The company recorded a gross profit of 536.3 kDKK in 2024. The operating profit was 29.9 kDKK, while net earnings were -2.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Colour Change ApS's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 340.66 | 627.68 | 233.05 | 612.73 | 536.26 |
EBIT | 145.78 | 164.52 | - 217.52 | 91.57 | 29.94 |
Net earnings | 110.37 | 120.16 | - 228.89 | 81.35 | -2.79 |
Shareholders equity total | 217.96 | 338.12 | 109.23 | 190.58 | 187.79 |
Balance sheet total (assets) | 572.01 | 659.76 | 476.37 | 525.71 | 437.12 |
Net debt | - 459.39 | - 493.44 | - 425.11 | - 298.45 | - 373.30 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.9 % | 26.8 % | -38.3 % | 18.3 % | 6.5 % |
ROE | 67.8 % | 43.2 % | -102.3 % | 54.3 % | -1.5 % |
ROI | 83.1 % | 57.8 % | -94.9 % | 56.9 % | 15.3 % |
Economic value added (EVA) | 105.45 | 113.79 | - 234.84 | 85.86 | 19.48 |
Solvency | |||||
Equity ratio | 38.1 % | 51.2 % | 22.9 % | 36.3 % | 43.0 % |
Gearing | 3.7 % | 1.9 % | 4.0 % | 9.3 % | 6.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 2.0 | 1.3 | 1.6 | 1.7 |
Current ratio | 1.6 | 2.0 | 1.3 | 1.6 | 1.7 |
Cash and cash equivalents | 467.45 | 499.96 | 429.53 | 316.10 | 385.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
Variable visualization
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