ICODEBASE ApS — Credit Rating and Financial Key Figures

CVR number: 32887201
Bjerregade 5, 8722 Hedensted
tk@madopskrifter.nu
tel: 28912727

Credit rating

Company information

Official name
ICODEBASE ApS
Established
2010
Company form
Private limited company
Industry

About ICODEBASE ApS

ICODEBASE ApS (CVR number: 32887201) is a company from HEDENSTED. The company recorded a gross profit of -7.4 kDKK in 2024, demonstrating a decline of 0 % compared to the previous year. The operating profit was -7.4 kDKK, while net earnings were 412.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 77.2 %, which can be considered excellent and Return on Equity (ROE) was 65.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ICODEBASE ApS's liquidity measured by quick ratio was 7.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales138.32893.3658.3818.00
Gross profit125.19459.70-83.8416.46-7.43
EBIT125.19459.70-83.8416.46-7.43
Net earnings68.95402.24- 215.66115.63412.06
Shareholders equity total361.14594.55455.16507.87741.80
Balance sheet total (assets)380.58779.21455.48510.23858.03
Net debt- 169.97- 602.57- 218.02- 333.60- 858.03
Profitability
EBIT-%90.5 %51.5 %-143.6 %91.4 %
ROA36.0 %89.5 %-16.1 %25.8 %77.2 %
ROE21.1 %84.2 %-41.1 %24.0 %65.9 %
ROI38.3 %108.6 %-18.9 %25.9 %84.5 %
Economic value added (EVA)82.97340.42-95.27-6.42-31.32
Solvency
Equity ratio94.9 %76.3 %99.9 %99.5 %86.5 %
Gearing
Relative net indebtedness %-108.8 %-46.8 %-372.9 %-1840.2 %
Liquidity
Quick ratio19.64.21 427.8215.77.4
Current ratio19.64.21 427.8215.77.4
Cash and cash equivalents169.97602.57218.02333.60858.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %222.0 %23.8 %443.5 %1069.2 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:77.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.5%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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