CHANGELING COPENHAGEN ApS

CVR number: 35849874
Vilhelm Bergsøes Alle 24, 2860 Søborg
mikael@changeling.dk
tel: 40406969

Credit rating

Company information

Official name
CHANGELING COPENHAGEN ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About CHANGELING COPENHAGEN ApS

CHANGELING COPENHAGEN ApS (CVR number: 35849874) is a company from GLADSAXE. The company recorded a gross profit of 151.2 kDKK in 2023. The operating profit was 151.2 kDKK, while net earnings were 124.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.4 %, which can be considered excellent and Return on Equity (ROE) was 38.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CHANGELING COPENHAGEN ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit14.353.30114.7339.08151.16
EBIT14.353.30114.7339.08151.16
Net earnings14.353.30114.7339.08124.06
Shareholders equity total106.32109.62224.34263.42387.48
Balance sheet total (assets)262.88266.18506.76419.98387.48
Net debt33.7327.1282.5518.81- 300.59
Profitability
EBIT-%
ROA5.8 %1.2 %29.7 %8.4 %37.4 %
ROE14.5 %3.1 %68.7 %16.0 %38.1 %
ROI6.2 %1.2 %29.7 %8.4 %37.4 %
Economic value added (EVA)27.4216.79128.3937.80117.74
Solvency
Equity ratio40.4 %41.2 %44.3 %62.7 %100.0 %
Gearing147.3 %142.8 %125.5 %59.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.31.72.4
Current ratio1.71.71.82.7
Cash and cash equivalents122.83129.44198.96137.74300.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:37.4%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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