CHANGEABLE ApS

CHANGEABLE ApS (CVR number: 34696772) is a company from BALLERUP. The company recorded a gross profit of 217.1 kDKK in 2019. The operating profit was 22.1 kDKK, while net earnings were 21 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 71.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.4 %, 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. CHANGEABLE 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.