CHANGEGROUP HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 30565096
Lyngbyvej 2, 2100 København Ø
tel: 33327778

Company information

Official name
CHANGEGROUP HOLDING A/S
Established
2007
Company form
Limited company
Industry

About CHANGEGROUP HOLDING A/S

CHANGEGROUP HOLDING A/S (CVR number: 30565096) is a company from KØBENHAVN. The company recorded a gross profit of -35 kDKK in 2024. The operating profit was -35 kDKK, while net earnings were 10.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 53 %, which can be considered excellent and Return on Equity (ROE) was 60.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CHANGEGROUP HOLDING A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-14.13-14.85-15.11-15.72-34.95
EBIT-14.13-14.85-15.11-15.72-34.95
Net earnings5 465.785 964.609 688.739 424.6910 107.21
Shareholders equity total26 183.6426 309.5415 559.2216 213.5617 346.87
Balance sheet total (assets)27 786.9927 471.3318 137.8518 617.1020 146.14
Net debt750.99631.52611.32428.77769.36
Profitability
EBIT-%
ROA19.7 %21.7 %42.7 %51.8 %53.0 %
ROE20.9 %22.7 %46.3 %59.3 %60.2 %
ROI20.4 %22.2 %45.0 %57.9 %59.0 %
Economic value added (EVA)-17.49-18.73-26.50-27.06-50.97
Solvency
Equity ratio94.2 %95.8 %85.8 %87.1 %86.1 %
Gearing3.0 %2.6 %4.2 %2.9 %4.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.31.11.21.1
Current ratio1.11.31.11.21.1
Cash and cash equivalents41.0940.3439.0838.2237.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:53.0%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.1%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.