IP & CODE ApS — Credit Rating and Financial Key Figures

CVR number: 30604989
Bredgade 76 A, 1260 København K
ipcode@joenck.com
tel: 70232446

Credit rating

Company information

Official name
IP & CODE ApS
Established
2007
Company form
Private limited company
Industry
  • Expand more icon621000

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit181.91184.0530.287.13-14.10
EBIT181.91184.0530.287.13-14.10
Net earnings131.23138.8018.5057.1595.59
Shareholders equity total2 105.412 244.21265.27322.42418.00
Balance sheet total (assets)2 364.392 634.72473.02502.24584.02
Net debt34.48-57.7430.9798.8592.80
Profitability
EBIT-%
ROA7.4 %7.4 %1.9 %13.0 %17.0 %
ROE6.4 %6.4 %1.5 %19.4 %25.8 %
ROI8.4 %8.1 %2.1 %13.9 %17.3 %
Economic value added (EVA)173.24151.2739.9517.32-3.03
Solvency
Equity ratio89.0 %85.2 %56.1 %64.2 %71.6 %
Gearing1.8 %8.0 %61.3 %51.8 %37.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.80.70.60.5
Current ratio0.10.80.70.60.5
Cash and cash equivalents4.39236.61131.5568.2865.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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