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HardCoded ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
HardCoded ApS
Personnel
3 persons
Established
2017
Company form
Private limited company
Industry

About HardCoded ApS

HardCoded ApS (CVR number: 38889427) is a company from VIBORG. The company recorded a gross profit of 1287.5 kDKK in 2025. The operating profit was 447.5 kDKK, while net earnings were 347.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.7 %, which can be considered excellent and Return on Equity (ROE) was 65.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.2 %, 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 2.7 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 311.121 308.781 375.771 353.981 287.54
EBIT419.80408.28495.46316.16447.49
Net earnings314.06311.81389.56248.59347.88
Shareholders equity total1 457.651 369.461 359.01607.61455.48
Balance sheet total (assets)1 735.491 587.261 631.50856.86720.23
Net debt-1 447.49-1 307.26-1 335.12- 612.74- 416.14
Profitability
EBIT-%
ROA24.1 %24.6 %31.1 %25.7 %56.7 %
ROE21.6 %22.1 %28.6 %25.3 %65.4 %
ROI28.8 %28.9 %36.7 %32.5 %83.8 %
Economic value added (EVA)247.38244.12316.91177.55317.34
Solvency
Equity ratio84.0 %86.3 %83.3 %70.9 %63.2 %
Gearing1.0 %
Relative net indebtedness %
Liquidity
Quick ratio6.27.36.03.42.7
Current ratio6.27.36.03.42.7
Cash and cash equivalents1 447.491 307.261 335.12612.74420.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:56.7%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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