Code Shop ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Code Shop ApS
Code Shop ApS (CVR number: 31863813) is a company from AABENRAA. The company recorded a gross profit of 977.5 kDKK in 2024. The operating profit was -284.3 kDKK, while net earnings were -240 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.5 %, which can be considered poor and Return on Equity (ROE) was -26.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.5 %, 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. Code Shop ApS's liquidity measured by quick ratio was 3.5 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 | 1 925.39 | 3 277.29 | 2 330.22 | 1 566.08 | 977.51 |
EBIT | 520.68 | 1 145.62 | 47.86 | - 351.20 | - 284.26 |
Net earnings | 402.64 | 878.61 | 34.44 | - 324.93 | - 239.96 |
Shareholders equity total | 452.22 | 1 330.83 | 1 365.27 | 1 040.34 | 800.38 |
Balance sheet total (assets) | 975.77 | 1 974.29 | 1 837.97 | 1 398.17 | 1 060.12 |
Net debt | - 241.43 | -1 091.62 | - 764.43 | -49.91 | -11.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 89.1 % | 77.7 % | 3.3 % | -20.5 % | -21.5 % |
ROE | 160.5 % | 98.6 % | 2.6 % | -27.0 % | -26.1 % |
ROI | 207.5 % | 128.5 % | 4.6 % | -27.6 % | -28.7 % |
Economic value added (EVA) | 403.03 | 862.28 | -36.12 | - 412.33 | - 310.25 |
Solvency | |||||
Equity ratio | 46.3 % | 67.4 % | 74.3 % | 74.4 % | 75.5 % |
Gearing | 0.0 % | 0.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 2.7 | 3.3 | 3.3 | 3.5 |
Current ratio | 1.3 | 2.7 | 3.3 | 3.3 | 3.5 |
Cash and cash equivalents | 241.43 | 1 091.62 | 764.95 | 50.51 | 11.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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