CHANGE & COMMUNICATION IVS — Credit Rating and Financial Key Figures

CVR number: 40012834
Biskop Svanes Vej 49, 3460 Birkerød
mail@mie-rahbek.dk
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Company information

Official name
CHANGE & COMMUNICATION IVS
Established
2018
Company form
Entrepreneurial limited company
Industry

About CHANGE & COMMUNICATION IVS

CHANGE & COMMUNICATION IVS (CVR number: 40012834) is a company from RUDERSDAL. The company recorded a gross profit of -5.2 kDKK in 2020. The operating profit was -5.2 kDKK, while net earnings were -60.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -39.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CHANGE & COMMUNICATION IVS's liquidity measured by quick ratio was 5.3 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
Volume
Net sales
Gross profit237.68-5.15
EBIT237.68-5.15
Net earnings237.68-60.60
Shareholders equity total237.6868.48
Balance sheet total (assets)284.0384.55
Net debt- 272.95-73.48
Profitability
EBIT-%
ROA83.7 %-2.8 %
ROE100.0 %-39.6 %
ROI95.5 %-3.1 %
Economic value added (EVA)237.680.68
Solvency
Equity ratio83.7 %81.0 %
Gearing4.7 %16.2 %
Relative net indebtedness %
Liquidity
Quick ratio6.15.3
Current ratio6.15.3
Cash and cash equivalents284.0384.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-2.79%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.0%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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