Code Duck ApS
Credit rating
Company information
About Code Duck ApS
Code Duck ApS (CVR number: 30236920) is a company from AALBORG. The company recorded a gross profit of 687 kDKK in 2023. The operating profit was 106.9 kDKK, while net earnings were 75 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.3 %, which can be considered excellent and Return on Equity (ROE) was 38.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Code Duck ApS's liquidity measured by quick ratio was 2.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.14 | -5.36 | 655.66 | 219.34 | 686.96 |
EBIT | -5.14 | -5.36 | 90.30 | 65.70 | 106.92 |
Net earnings | 47.25 | 81.04 | 82.00 | 8.06 | 74.96 |
Shareholders equity total | 211.02 | 236.77 | 235.95 | 186.82 | 202.87 |
Balance sheet total (assets) | 272.72 | 287.74 | 402.53 | 262.93 | 349.29 |
Net debt | -58.50 | -57.37 | - 356.15 | - 257.98 | - 319.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.9 % | 29.0 % | 32.5 % | 9.0 % | 34.3 % |
ROE | 22.0 % | 36.2 % | 34.7 % | 3.8 % | 38.5 % |
ROI | 17.6 % | 29.5 % | 42.9 % | 14.2 % | 53.7 % |
Economic value added (EVA) | 0.31 | -3.33 | 65.99 | 53.76 | 80.96 |
Solvency | |||||
Equity ratio | 77.4 % | 82.3 % | 58.6 % | 71.1 % | 58.1 % |
Gearing | 25.5 % | 20.9 % | 0.2 % | 0.4 % | 0.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.4 | 2.2 | 3.4 | 2.3 |
Current ratio | 2.2 | 2.4 | 2.2 | 3.4 | 2.3 |
Cash and cash equivalents | 112.25 | 106.84 | 356.65 | 258.80 | 320.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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