CHANGE OF SCANDINAVIA A/S

CVR 28711328 · Public limited company (A/S) · Active · Low risk

CHANGE OF SCANDINAVIA A/S is a Public limited company (A/S), founded on , based in Farum. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 94.2m and a net result of DKK -43.4m. CEO: Claus Walther Jensen.

Bankruptcy risk for CHANGE OF SCANDINAVIA A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
28711328
Status
Active
Company type
Public limited company (A/S)
Founded
(21 years)
Address
Farum Gydevej 73
3520 Farum
Municipality
Furesø
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
33 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late6 of 21
Missing annual reportNo
Negative equityNo
Equity ratio21.4%
Current ratio114%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 340.4mDKK 397.6mDKK 400.6m
Gross profitDKK 124.7mDKK 152.4mDKK 142.4m
Net profitDKK -43.4mDKK -6.1mDKK 16.1m
EquityDKK 94.2mDKK 144.2mDKK 143.7m
Total assetsDKK 439.4mDKK 632.9mDKK 581.5m
CashDKK 44kDKK 630k–
Short-term debtDKK 345.0mDKK 488.3m–
Avg. employees5155–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025196 Late
1 Jul 2023 – 30 Jun 2024171
1 Jul 2022 – 30 Jun 2023171
1 Jul 2021 – 30 Jun 2022154
1 Jul 2020 – 30 Jun 2021149
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018193 Late
1 Jul 2016 – 30 Jun 2017167
1 Jul 2015 – 30 Jun 2016169
1 Jul 2014 – 30 Jun 2015174
1 Jul 2013 – 30 Jun 2014202 Late
1 Jul 2012 – 30 Jun 2013171
1 Jul 2011 – 30 Jun 2012155
1 Jul 2010 – 30 Jun 2011153
1 Jul 2009 – 30 Jun 2010165
1 Jul 2008 – 30 Jun 2009152
1 Jul 2007 – 30 Jun 2008198 Late
1 Jul 2006 – 30 Jun 2007192 Late
1 Jul 2005 – 30 Jun 2006188 Late

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOClaus Walther JensenCurrent
BoardClaus Walther JensenCurrent
BoardGitte BreilCurrent
BoardJulie BreilCurrent
BoardJens-Walther Jensen
BoardBjørn Christie
BoardNiels Nielsen Krogh
Owner (100%)CHANGE OF SCANDINAVIA HOLDING A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorOLE SVEISTRUP HILLERØD ApS
AuditorECOMENTOR - STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMJAKP2 I/S
AuditorEY Danmark A/S
AuditorERNST & YOUNG DENMARK P/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Claus Walther Jensen – 7 other companies

Address history (2 moves)

Farum Gydevej 73, 3520 Farum
Farum Gydevej 73, 3520 Farum
Farum Gydevej 73, 3520 Farum

Employees per year

Number of employees at CHANGE OF SCANDINAVIA A/S per year45902011: 9020112012: 7420122013: 6420132014: 8720142015: 9020152016: 4820162017: 3620172018: 332018

Other companies at the same address

Similar companies in Furesø

Questions and answers about CHANGE OF SCANDINAVIA A/S

Has CHANGE OF SCANDINAVIA A/S gone bankrupt?

No, CHANGE OF SCANDINAVIA A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of CHANGE OF SCANDINAVIA A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of CHANGE OF SCANDINAVIA A/S?

Claus Walther Jensen is the CEO of CHANGE OF SCANDINAVIA A/S.

Who is the auditor of CHANGE OF SCANDINAVIA A/S?

CHANGE OF SCANDINAVIA A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was CHANGE OF SCANDINAVIA A/S founded?

CHANGE OF SCANDINAVIA A/S was founded on 12 May 2005.

What is the equity of CHANGE OF SCANDINAVIA A/S?

Equity was DKK 94.2m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.