ChangeAbility ApS — Credit Rating and Financial Key Figures

CVR number: 38207776
Gurrevej 340, Gurre 3000 Helsingør
Free credit report

Company information

Official name
ChangeAbility ApS
Personnel
1 person
Established
2016
Domicile
Gurre
Company form
Private limited company
Industry

About ChangeAbility ApS

ChangeAbility ApS (CVR number: 38207776) is a company from HELSINGØR. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -71.4 % compared to the previous year. The operating profit percentage was poor at -116.1 % (EBIT: -0 mDKK), while net earnings were -43.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.7 %, which can be considered poor and Return on Equity (ROE) was -15.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ChangeAbility ApS's liquidity measured by quick ratio was 9 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales27.60105.1130.08
Gross profit819.561 577.7927.60105.1130.08
EBIT-75.16111.28-9.2548.65-34.93
Net earnings- 169.95101.87-9.2536.85-43.23
Shareholders equity total242.44269.31237.08299.88256.65
Balance sheet total (assets)446.85580.95306.69306.11288.65
Net debt- 169.44- 364.55-46.75- 141.64- 277.77
Profitability
EBIT-%-33.5 %46.3 %-116.1 %
ROA-11.6 %21.7 %-2.1 %15.9 %-11.7 %
ROE-44.7 %39.8 %-3.7 %13.7 %-15.5 %
ROI-19.6 %43.5 %-3.7 %18.1 %-12.6 %
Economic value added (EVA)-76.14100.38-4.4727.49-50.85
Solvency
Equity ratio54.3 %46.4 %77.3 %98.0 %88.9 %
Gearing
Relative net indebtedness %82.9 %-128.8 %-817.0 %
Liquidity
Quick ratio0.91.20.725.59.0
Current ratio0.91.20.725.59.0
Cash and cash equivalents169.44364.5546.75141.64277.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-82.9 %145.4 %853.1 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-11.7%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.9%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

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

... and more!

No registration needed.