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CHANGEGROUP ApS — Credit Rating and Financial Key Figures

CVR number: 26334276
Masnedøgade 26, 2100 København Ø
tel: 33327778
www.changegroup.dk
Free credit report Annual report

Company information

Official name
CHANGEGROUP ApS
Personnel
29 persons
Established
2001
Company form
Private limited company
Industry

About CHANGEGROUP ApS

CHANGEGROUP ApS (CVR number: 26334276) is a company from KØBENHAVN. The company reported a net sales of 292.2 mDKK in 2025, demonstrating a growth of 18.4 % compared to the previous year. The operating profit percentage was at 5.3 % (EBIT: 15.5 mDKK), while net earnings were 12 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26 %, which can be considered excellent and Return on Equity (ROE) was 65.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CHANGEGROUP ApS's liquidity measured by quick ratio was 1.6 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales127.65194.76215.11246.89292.22
Gross profit21.7330.9933.5637.1842.06
EBIT6.3412.6412.3813.3315.49
Net earnings4.859.749.5410.3111.96
Shareholders equity total10.0315.2815.8117.1219.58
Balance sheet total (assets)38.9460.6657.8370.2349.24
Net debt-24.63-1.46
Profitability
EBIT-%5.0 %6.5 %5.8 %5.4 %5.3 %
ROA16.5 %25.4 %20.9 %20.9 %26.0 %
ROE45.8 %77.0 %61.3 %62.6 %65.2 %
ROI25.3 %25.4 %20.9 %35.7 %84.0 %
Economic value added (EVA)5.7812.1411.619.4811.11
Solvency
Equity ratio100.0 %100.0 %100.0 %24.4 %39.8 %
Gearing
Relative net indebtedness %11.5 %9.6 %
Liquidity
Quick ratio1.31.6
Current ratio1.31.6
Cash and cash equivalents24.631.46
Capital use efficiency
Trade debtors turnover (days)64.155.6
Net working capital %7.0 %6.2 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:26.0%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:39.8%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
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Roles

Chairman of the board
Board member

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