Codeful ApS — Credit Rating and Financial Key Figures

Codeful ApS (CVR number: 39453584) is a company from FAVRSKOV. The company recorded a gross profit of 926.1 kDKK in 2023. The operating profit was 239.9 kDKK, while net earnings were 180.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.3 %, which can be considered excellent and Return on Equity (ROE) was 44.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Codeful ApS's liquidity measured by quick ratio was 1.5 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.