Codeery ApS
Credit rating
Company information
About Codeery ApS
Codeery ApS (CVR number: 38375024) is a company from STEVNS. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 204.1 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 0 mDKK), while net earnings were 24.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.8 %, which can be considered excellent and Return on Equity (ROE) was 41.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Codeery ApS's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 10.00 | 128.36 | 136.76 | 131.67 | 400.35 |
Gross profit | -19.38 | 112.89 | 120.06 | 109.20 | 328.99 |
EBIT | -19.38 | 4.50 | 5.42 | -19.00 | 29.57 |
Net earnings | -15.21 | 3.51 | 1.75 | -16.68 | 24.34 |
Shareholders equity total | 57.78 | 61.29 | 63.04 | 46.36 | 70.70 |
Balance sheet total (assets) | 57.78 | 77.69 | 75.17 | 74.71 | 117.18 |
Net debt | -24.15 | -36.63 | -9.57 | -41.28 | -63.73 |
Profitability | |||||
EBIT-% | -193.8 % | 3.5 % | 4.0 % | -14.4 % | 7.4 % |
ROA | -22.9 % | 6.6 % | 7.1 % | -25.4 % | 30.8 % |
ROE | -23.3 % | 5.9 % | 2.8 % | -30.5 % | 41.6 % |
ROI | -29.3 % | 7.5 % | 8.7 % | -34.7 % | 50.5 % |
Economic value added (EVA) | -16.39 | 2.81 | 4.18 | -17.51 | 24.08 |
Solvency | |||||
Equity ratio | 100.0 % | 78.9 % | 83.9 % | 62.1 % | 60.3 % |
Gearing | |||||
Relative net indebtedness % | -241.5 % | -15.9 % | 1.9 % | -9.8 % | -4.3 % |
Liquidity | |||||
Quick ratio | 4.0 | 5.4 | 2.4 | 2.5 | |
Current ratio | 4.0 | 5.4 | 2.4 | 2.5 | |
Cash and cash equivalents | 24.15 | 36.63 | 9.57 | 41.28 | 63.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 53.3 | 143.7 | 55.9 | 45.8 | |
Net working capital % | 417.8 % | 37.9 % | 39.1 % | 30.3 % | 16.9 % |
Credit risk | |||||
Credit rating | B | BB | BB | BB | B |
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