MicroChange Aps — Credit Rating and Financial Key Figures

CVR number: 40861661
Østre Havnevej 15 B, 5700 Svendborg
contact@microchange.dk
tel: 60807481
www.microchange.dk
Free credit report Annual report

Company information

Official name
MicroChange Aps
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About MicroChange Aps

MicroChange Aps (CVR number: 40861661) is a company from SVENDBORG. The company recorded a gross profit of -436.4 kDKK in 2024. The operating profit was -1864.7 kDKK, while net earnings were -1862.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -162.5 %, which can be considered poor and Return on Equity (ROE) was -215.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MicroChange Aps's liquidity measured by quick ratio was 2.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-3.17-36.87- 241.26- 380.36- 436.41
EBIT-3.17-36.87-1 070.56-1 525.91-1 864.70
Net earnings-3.41-36.51-1 076.86-1 526.29-1 862.83
Shareholders equity total36.590.09223.23996.94734.11
Balance sheet total (assets)63.2026.96270.081 079.651 211.87
Net debt-20.584.51- 231.41- 766.20- 202.73
Profitability
EBIT-%
ROA-5.0 %-76.4 %-720.8 %-225.9 %-162.5 %
ROE-9.3 %-199.1 %-964.4 %-250.2 %-215.2 %
ROI-8.6 %-140.1 %-908.0 %-249.9 %-215.2 %
Economic value added (EVA)-3.17-38.70-1 071.19-1 537.13-1 914.80
Solvency
Equity ratio57.9 %0.3 %82.7 %92.3 %60.6 %
Gearing14534.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.90.65.510.32.2
Current ratio1.90.65.510.32.2
Cash and cash equivalents20.587.99231.41766.20202.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCBB

Variable visualization

ROA:-162.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.6%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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