Change Ventures ApS — Credit Rating and Financial Key Figures

CVR number: 30529987
Joensuuvej 156, Himmelev 4000 Roskilde

Company information

Official name
Change Ventures ApS
Established
2008
Domicile
Himmelev
Company form
Private limited company
Industry

About Change Ventures ApS

Change Ventures ApS (CVR number: 30529987) is a company from ROSKILDE. The company recorded a gross profit of -409.9 kDKK in 2023. The operating profit was -409.9 kDKK, while net earnings were 40.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Change Ventures ApS's liquidity measured by quick ratio was 92.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-19.42-12.38-17.48- 135.25- 409.93
EBIT-19.42-12.38-17.48- 135.25- 409.93
Net earnings13 840.178 794.4337 351.702 991.8740 916.15
Shareholders equity total34 149.0140 479.9976 506.8079 222.66711 347.71
Balance sheet total (assets)34 208.6440 488.4976 514.5979 255.42712 246.10
Net debt-3 222.88-2 086.26-4 155.49-31 698.76-81 326.49
Profitability
EBIT-%
ROA47.9 %24.4 %63.9 %4.1 %10.7 %
ROE47.8 %23.6 %63.9 %3.8 %10.4 %
ROI48.0 %24.4 %63.9 %4.1 %10.7 %
Economic value added (EVA)1 063.661 537.191 902.162 007.012 056.56
Solvency
Equity ratio99.8 %100.0 %100.0 %100.0 %99.9 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio54.1245.6534.5967.992.1
Current ratio54.1245.6534.5967.992.1
Cash and cash equivalents3 222.882 086.994 155.4931 698.7681 342.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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