NPL Change ApS

CVR 40623892 · Private limited company (ApS) · Active · Low risk

NPL Change ApS is a Private limited company (ApS), founded on , based in Vejen. 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 0.1 times the average for Danish companies. 6 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 62k and a net result of DKK -2,406. CEO: Flemming Krarup Kjeldsen Kristensen.

Bankruptcy risk for NPL Change ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
40623892
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Industrivej Syd 5
6600 Vejen
Municipality
Vejen
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 42k
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio91.5%
Current ratio1,163%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -5,000DKK -4,688
Net profitDKK -2,406DKK -2,001
EquityDKK 62kDKK 65k
Total assetsDKK 68kDKK 71k
Short-term debtDKK 5,800–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025177
1 May 2023 – 30 Apr 2024181
1 May 2022 – 30 Apr 2023172
1 May 2021 – 30 Apr 2022163
1 May 2020 – 30 Apr 2021154
27 Jun 2019 – 30 Apr 2020237 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
CEOFlemming Krarup Kjeldsen KristensenCurrent
BoardFlemming Krarup Kjeldsen KristensenCurrent
BoardChris PaghCurrent
BoardKristina Ærthøj Tolstrup JørgensenCurrent
BoardMorten Ærthøj Tolstrup JørgensenCurrent
Owner (33%)Flemming Krarup Kjeldsen KristensenCurrent
Owner (33%)Chris PaghCurrent
Owner (33%)FJ VEJEN HOLDING ApSCurrent
Owner (15%)Kristina Ærthøj Tolstrup Jørgensen
Owner (15%)Morten Ærthøj Tolstrup Jørgensen
FounderFlemming Krarup Kjeldsen KristensenCurrent
FounderChris PaghCurrent
FounderKristina Ærthøj Tolstrup JørgensenCurrent
FounderMorten Ærthøj Tolstrup JørgensenCurrent

The CEOs' other companies

Flemming Krarup Kjeldsen Kristensen – 1 other companies

Address history (0 moves)

Industrivej Syd 5, 6600 Vejen

Other companies at the same address

Similar companies in Vejen

Questions and answers about NPL Change ApS

Has NPL Change ApS gone bankrupt?

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

What is the bankruptcy risk of NPL Change ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of NPL Change ApS?

Flemming Krarup Kjeldsen Kristensen is the CEO of NPL Change ApS.

Who is the auditor of NPL Change ApS?

NPL Change ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was NPL Change ApS founded?

NPL Change ApS was founded on 27 June 2019.

What is the equity of NPL Change ApS?

Equity was DKK 62k according to the annual report for the period ending 30 April 2025.

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