Life change ApS

CVR 40389830 · Private limited company (ApS) · Active · Low risk

Life change ApS is a Private limited company (ApS), founded on , based in Farum. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 7 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 127k and a net result of DKK -46k. CEO: Abdiqani Mahamed Mahamud.

Bankruptcy risk for Life change ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
40389830
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Nygårdterrasserne 288D
3520 Farum
Municipality
Furesø
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Auditor
Nærrevision A/S
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio42.7%
Current ratio169%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 247kDKK 347kDKK 181k
Net profitDKK -46kDKK 112kDKK 26k
EquityDKK 127kDKK 172kDKK 60k
Total assetsDKK 297kDKK 333kDKK 150k
CashDKK 64kDKK 172k–
Short-term debtDKK 170kDKK 161k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nærrevision A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025178
1 Jan 2024 – 31 Dec 202493
1 Jan 2023 – 31 Dec 2023149
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020189 Late
29 Mar 2019 – 31 Dec 2019241 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
CEOAbdiqani Mahamed MahamudCurrent
Owner (100%)Abdiqani Mahamed MahamudCurrent
Owner (100%)Shannon Theresa Berman
FounderShannon Theresa BermanCurrent

The CEOs' other companies

Abdiqani Mahamed Mahamud – 3 other companies, of which 3 bankrupt

Address history (0 moves)

Nygårdterrasserne 288D, 3520 Farum

Former names

Life change ApS – now
Life change IVS –

Similar companies in Furesø

Questions and answers about Life change ApS

Has Life change ApS gone bankrupt?

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

What is the bankruptcy risk of Life change ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of Life change ApS?

Abdiqani Mahamed Mahamud is the CEO of Life change ApS.

Who is the auditor of Life change ApS?

Life change ApS most recently used Nærrevision A/S.

When was Life change ApS founded?

Life change ApS was founded on 29 March 2019.

What is the equity of Life change ApS?

Equity was DKK 127k 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.