Changes ApS

CVR 32353800 · Private limited company (ApS) · Active · Low risk

Changes ApS is a Private limited company (ApS), founded on , based in Mårslet. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.3 times the average for Danish companies. 12 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 328k and a net result of DKK -63k.

Bankruptcy risk for Changes ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 58% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
32353800
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
c/o Britt Vernegren-Kærn, Nymarksvej 18E
8320 Mårslet
Municipality
Aarhus
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Employees
5 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 12
Missing annual reportNo
Negative equityNo
Equity ratio82.5%
Current ratio118%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -73kDKK 48kDKK 583k
Net profitDKK -63kDKK 13kDKK 10k
EquityDKK 328kDKK 458kDKK 445k
Total assetsDKK 397kDKK 558kDKK 576k
CashDKK 40kDKK 470k–
Short-term debtDKK 70kDKK 100k–
Tax owedDKK 0DKK 6,094–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025185 Late
1 Jan 2024 – 31 Dec 2024173
1 Jan 2023 – 31 Dec 2023296 Late
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021217 Late
1 Jan 2020 – 31 Dec 2020199 Late
1 Jan 2019 – 31 Dec 2019289 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015161
17 Feb 2014 – 31 Dec 2014163

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
BoardHjalmar KærnCurrent
Owner (100%)Britt Vernegren-KærnCurrent
FounderBritt Vernegren-KærnCurrent

Address history (1 moves)

c/o Britt Vernegren-Kærn, Nymarksvej 18E, 8320 Mårslet
Egebæksvej 14, 8270 Højbjerg

Former names

Changes ApS – now
Changes.as ApS –
CHANGES.AS IVS –

Employees per year

Number of employees at Changes ApS per year352014: 420142015: 420152016: 520162017: 520172018: 52018

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Questions and answers about Changes ApS

Has Changes ApS gone bankrupt?

No, Changes ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Changes ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

When was Changes ApS founded?

Changes ApS was founded on 17 February 2014.

What is the equity of Changes ApS?

Equity was DKK 328k according to the annual report for the period ending 31 December 2025.

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