Codeex A/S — Credit Rating and Financial Key Figures

CVR number: 38792288
Vesterlundvej 14, 2730 Herlev
info@codeex.dk
tel: 76710000
www.codeex.dk
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Credit rating

Company information

Official name
Codeex A/S
Personnel
51 persons
Established
2017
Company form
Limited company
Industry

About Codeex A/S

Codeex A/S (CVR number: 38792288) is a company from HERLEV. The company recorded a gross profit of 40.9 mDKK in 2024. The operating profit was 3639.2 kDKK, while net earnings were 2808.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 18.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Codeex A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit9 916.0916 777.5829 905.0234 185.0740 896.93
EBIT2 576.885 585.248 498.495 617.883 639.23
Net earnings2 024.864 942.736 540.694 290.272 808.06
Shareholders equity total4 174.4310 202.1514 742.8415 033.1115 341.17
Balance sheet total (assets)17 115.8928 067.2628 713.0737 431.3962 944.41
Net debt-4 588.05-6 225.70-4 015.71-2 048.22-4 914.42
Profitability
EBIT-%
ROA18.3 %27.9 %31.1 %17.1 %7.6 %
ROE62.1 %68.8 %52.4 %28.8 %18.5 %
ROI74.3 %85.7 %69.8 %37.9 %22.9 %
Economic value added (EVA)1 877.724 135.976 067.893 626.332 046.38
Solvency
Equity ratio24.4 %36.3 %51.3 %40.2 %24.4 %
Gearing2.9 %17.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.81.41.2
Current ratio1.31.42.11.61.3
Cash and cash equivalents4 588.056 525.104 015.712 048.227 516.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:7.57%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.4%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director
Chairman of the board

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