CHANGE OF SCANDINAVIA RETAIL A/S

CVR 28711336 · Public limited company (A/S) · Active · Low risk

CHANGE OF SCANDINAVIA RETAIL A/S is a Public limited company (A/S), founded on , based in Farum. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 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 17.8m and a net result of DKK 1.5m. CEO: Claus Walther Jensen.

Bankruptcy risk for CHANGE OF SCANDINAVIA RETAIL A/S

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · 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×

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
28711336
Status
Active
Company type
Public limited company (A/S)
Founded
(21 years)
Address
Farum Gydevej 73
3520 Farum
Municipality
Furesø
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 500k
Employees
291 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late6 of 21
Missing annual reportNo
Negative equityNo
Equity ratio13.8%
Current ratio90%
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 year20252024
Gross profitDKK 83.3mDKK 92.2m
Net profitDKK 1.5mDKK -2.4m
EquityDKK 17.8mDKK 16.3m
Total assetsDKK 128.5mDKK 103.9m
CashDKK 3.7m–
Short-term debtDKK 108.6m–
Tax owedDKK 5.5m–
Avg. employees189–

Latest annual report: Reporting class C, mellemstor 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 2024173
1 Jul 2022 – 30 Jun 2023168
1 Jul 2021 – 30 Jun 2022153
1 Jul 2020 – 30 Jun 2021152
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018189 Late
1 Jul 2016 – 30 Jun 2017166
1 Jul 2015 – 30 Jun 2016168
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 RETAIL A/S per year1543072011: 18820112012: 19420122013: 22920132014: 24420142015: 26120152016: 30720162017: 29520172018: 2912018

Other companies at the same address

Similar companies in Furesø

Questions and answers about CHANGE OF SCANDINAVIA RETAIL A/S

Has CHANGE OF SCANDINAVIA RETAIL A/S gone bankrupt?

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

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

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

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

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

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

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

When was CHANGE OF SCANDINAVIA RETAIL A/S founded?

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

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

Equity was DKK 17.8m 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.