HardCoded ApS — Credit Rating and Financial Key Figures

CVR number: 38889427
Boghvedevej 7, 8800 Viborg
post@hardcoded.dk
tel: 51626628
http://www.hardcoded.dk

Credit rating

Company information

Official name
HardCoded ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry
  • Expand more icon622000

About HardCoded ApS

HardCoded ApS (CVR number: 38889427) is a company from VIBORG. The company recorded a gross profit of 1354 kDKK in 2024. The operating profit was 316.2 kDKK, while net earnings were 248.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.9 %, 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. HardCoded ApS's liquidity measured by quick ratio was 3.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 527.531 311.121 308.781 375.771 353.98
EBIT759.12419.80408.28495.46316.16
Net earnings589.49314.06311.81389.56248.59
Shareholders equity total1 453.591 457.651 369.461 359.01607.61
Balance sheet total (assets)1 752.871 735.491 587.261 631.50856.86
Net debt-1 313.72-1 447.49-1 307.26-1 335.12- 612.74
Profitability
EBIT-%
ROA53.0 %24.1 %24.6 %31.1 %25.7 %
ROE49.7 %21.6 %22.1 %28.6 %25.3 %
ROI64.0 %28.8 %28.9 %36.7 %32.5 %
Economic value added (EVA)583.17313.40316.86382.60244.64
Solvency
Equity ratio82.9 %84.0 %86.3 %83.3 %70.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.46.27.36.03.4
Current ratio5.46.27.36.03.4
Cash and cash equivalents1 313.721 447.491 307.261 335.12612.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.9%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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