IP & CODE ApS
Credit rating
Company information
About IP & CODE ApS
IP & CODE ApS (CVR number: 30604989) is a company from KØBENHAVN. The company recorded a gross profit of -14.1 kDKK in 2023. The operating profit was -14.1 kDKK, while net earnings were 95.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. IP & CODE ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 181.91 | 184.05 | 30.28 | 7.13 | -14.10 |
EBIT | 181.91 | 184.05 | 30.28 | 7.13 | -14.10 |
Net earnings | 131.23 | 138.80 | 18.50 | 57.15 | 95.59 |
Shareholders equity total | 2 105.41 | 2 244.21 | 265.27 | 322.42 | 418.00 |
Balance sheet total (assets) | 2 364.39 | 2 634.72 | 473.02 | 502.24 | 584.02 |
Net debt | 34.48 | -57.74 | 30.97 | 98.85 | 92.80 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.4 % | 7.4 % | 1.9 % | 13.0 % | 17.0 % |
ROE | 6.4 % | 6.4 % | 1.5 % | 19.4 % | 25.8 % |
ROI | 8.4 % | 8.1 % | 2.1 % | 13.9 % | 17.3 % |
Economic value added (EVA) | 173.24 | 151.27 | 39.95 | 17.32 | -3.03 |
Solvency | |||||
Equity ratio | 89.0 % | 85.2 % | 56.1 % | 64.2 % | 71.6 % |
Gearing | 1.8 % | 8.0 % | 61.3 % | 51.8 % | 37.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.8 | 0.7 | 0.6 | 0.5 |
Current ratio | 0.1 | 0.8 | 0.7 | 0.6 | 0.5 |
Cash and cash equivalents | 4.39 | 236.61 | 131.55 | 68.28 | 65.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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