CODEAID ApS — Credit Rating and Financial Key Figures

CVR number: 32281931
Ditlev Bergs Vej 16, 9000 Aalborg
info@codeaid.dk
www.codeaid.dk

Credit rating

Company information

Official name
CODEAID ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry
  • Expand more icon621000

About CODEAID ApS

CODEAID ApS (CVR number: 32281931) is a company from AALBORG. The company recorded a gross profit of 504.6 kDKK in 2023. The operating profit was 165.8 kDKK, while net earnings were 138.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.4 %, which can be considered excellent and Return on Equity (ROE) was 56.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. CODEAID ApS's liquidity measured by quick ratio was 7.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit741.60356.38356.70350.02504.59
EBIT406.0441.7134.268.13165.84
Net earnings313.8945.8056.02-25.40138.32
Shareholders equity total485.98231.78287.79177.39315.72
Balance sheet total (assets)708.30404.79352.40211.93395.77
Net debt- 611.00- 288.11- 267.47- 204.24- 376.43
Profitability
EBIT-%
ROA70.4 %11.2 %19.4 %9.9 %58.4 %
ROE82.8 %12.8 %21.6 %-10.9 %56.1 %
ROI91.3 %13.9 %24.4 %12.0 %69.8 %
Economic value added (EVA)325.8043.3233.785.32130.69
Solvency
Equity ratio68.6 %57.3 %81.7 %83.7 %79.8 %
Gearing19.5 %36.2 %0.3 %4.9 %
Relative net indebtedness %
Liquidity
Quick ratio5.32.57.16.17.9
Current ratio5.32.57.16.17.9
Cash and cash equivalents705.79372.08267.47204.76391.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:58.4%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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