Code Duck ApS

CVR number: 30236920
Østre Havnegade 40, 9000 Aalborg
henrik@codeduck.dk
tel: 30224466
www.codeduck.dk

Credit rating

Company information

Official name
Code Duck ApS
Established
2007
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-5.14-5.36655.66219.34686.96
EBIT-5.14-5.3690.3065.70106.92
Net earnings47.2581.0482.008.0674.96
Shareholders equity total211.02236.77235.95186.82202.87
Balance sheet total (assets)272.72287.74402.53262.93349.29
Net debt-58.50-57.37- 356.15- 257.98- 319.43
Profitability
EBIT-%
ROA16.9 %29.0 %32.5 %9.0 %34.3 %
ROE22.0 %36.2 %34.7 %3.8 %38.5 %
ROI17.6 %29.5 %42.9 %14.2 %53.7 %
Economic value added (EVA)0.31-3.3365.9953.7680.96
Solvency
Equity ratio77.4 %82.3 %58.6 %71.1 %58.1 %
Gearing25.5 %20.9 %0.2 %0.4 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.42.23.42.3
Current ratio2.22.42.23.42.3
Cash and cash equivalents112.25106.84356.65258.80320.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:34.3%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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