CHANGE OF SCANDINAVIA HOLDING A/S

CVR 29147167 · Public limited company (A/S) · Active · Low risk

CHANGE OF SCANDINAVIA HOLDING A/S is a Public limited company (A/S), founded on , based in Farum. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 48.2m and a net result of DKK -35.9m. CEO: Jacob Schilling.

Bankruptcy risk for CHANGE OF SCANDINAVIA HOLDING A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · 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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
29147167
Status
Active
Company type
Public limited company (A/S)
Founded
(21 years)
Address
Farum Gydevej 73
3520 Farum
Municipality
Furesø
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 5.0m
Employees
1 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late6 of 20
Missing annual reportNo
Negative equityNo
Equity ratio18.1%
Current ratio45%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 1.5mDKK 1.5m
Gross profitDKK 631kDKK 13.1m
Net profitDKK -35.9mDKK -2.2m
EquityDKK 48.2mDKK 97.5m
Total assetsDKK 266.8mDKK 281.2m
CashDKK 1,000–
Short-term debtDKK 213.6m–
Tax owedDKK 0–
Avg. employees1–

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 2022153
1 Jul 2020 – 30 Jun 2021152
1 Jul 2019 – 30 Jun 2020156
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018195 Late
1 Jul 2016 – 30 Jun 2017166
1 Jul 2015 – 30 Jun 2016169
1 Jul 2014 – 30 Jun 2015174
1 Jul 2013 – 30 Jun 2014203 Late
1 Jul 2012 – 30 Jun 2013169
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
19 Oct 2005 – 30 Jun 2006198 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
CEOJacob SchillingCurrent
CEOClaus Walther Jensen
BoardAnnette Carina ThomsenCurrent
BoardClaus Walther JensenCurrent
BoardKent BisgårdCurrent
BoardBjørn Christie
BoardClaus Walther Jensen
BoardGitte Breil
BoardNiels Nielsen Krogh
BoardMikael Glud
BoardJakob Groot
BoardMichael Spangsberg
BoardMikkel Vendelin Olesen
BoardJens Høgsted
BoardHenrik Holmark
BoardAnnette Carina Thomsen
BoardJohn Rasih Sinik
BoardTom Deichmann
BoardJulie Breil
BoardIlkka Sakari Rantanen
BoardThomas Black-Petersen
BoardTilman Götz Galler
Owner (100%)ASIAN IMPORT ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorECOMENTOR - STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMJAKP2 I/S
AuditorEY Danmark A/S
AuditorERNST & YOUNG DENMARK P/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderASIAN IMPORT ApSCurrent

The CEOs' other companies

Jacob Schilling – 4 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

Former names

CHANGE OF SCANDINAVIA HOLDING A/S – now
CHANGE OF SCANDINAVIA HOLDING ApS –

Employees per year

Number of employees at CHANGE OF SCANDINAVIA HOLDING A/S per year112015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Furesø

Questions and answers about CHANGE OF SCANDINAVIA HOLDING A/S

Has CHANGE OF SCANDINAVIA HOLDING A/S gone bankrupt?

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

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

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

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

Jacob Schilling is the CEO of CHANGE OF SCANDINAVIA HOLDING A/S.

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

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

When was CHANGE OF SCANDINAVIA HOLDING A/S founded?

CHANGE OF SCANDINAVIA HOLDING A/S was founded on 19 October 2005.

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

Equity was DKK 48.2m 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.