Codecombination ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Codecombination ApS
Codecombination ApS (CVR number: 37495603) is a company from HVIDOVRE. The company recorded a gross profit of 15.2 kDKK in 2024. The operating profit was 10.2 kDKK, while net earnings were 8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71.5 %, 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. Codecombination ApS's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.58 | -8.67 | -7.42 | 8.79 | 15.24 |
EBIT | -13.58 | -13.67 | -12.42 | 3.79 | 10.24 |
Net earnings | -11.31 | -12.93 | -11.61 | 7.24 | 8.00 |
Shareholders equity total | 66.00 | 53.07 | 41.46 | 57.97 | 65.97 |
Balance sheet total (assets) | 107.62 | 94.68 | 83.83 | 81.97 | 92.22 |
Net debt | -15.99 | -9.57 | -3.71 | -17.76 | -30.10 |
Profitability | |||||
EBIT-% | |||||
ROA | -11.8 % | -13.5 % | -13.9 % | 4.6 % | 11.8 % |
ROE | -15.8 % | -21.7 % | -24.6 % | 14.6 % | 12.9 % |
ROI | -13.1 % | -15.1 % | -16.1 % | 5.3 % | 13.4 % |
Economic value added (EVA) | -13.24 | -14.35 | -12.77 | 2.65 | 6.14 |
Solvency | |||||
Equity ratio | 61.3 % | 56.1 % | 49.5 % | 70.7 % | 71.5 % |
Gearing | 22.9 % | 28.5 % | 36.5 % | 5.4 % | 4.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 0.9 | 0.7 | 1.7 | 2.6 |
Current ratio | 1.3 | 0.9 | 0.7 | 1.7 | 2.6 |
Cash and cash equivalents | 31.10 | 24.68 | 18.83 | 20.91 | 33.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
Variable visualization
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