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Recode ApS — Credit Rating and Financial Key Figures

CVR number: 41551569
Emanuel Olsens Vej 2, 2000 Frederiksberg
Free credit report Annual report

Company information

Official name
Recode ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About Recode ApS

Recode ApS (CVR number: 41551569) is a company from FREDERIKSBERG. The company recorded a gross profit of 57 kDKK in 2025. The operating profit was -458.3 kDKK, while net earnings were -465.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.6 %, which can be considered poor and Return on Equity (ROE) was -32.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Recode ApS's liquidity measured by quick ratio was 15.3 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 profit2 510.761 966.001 843.82904.4956.97
EBIT889.36789.92516.69398.17- 458.27
Net earnings728.03531.82463.65315.27- 465.94
Shareholders equity total768.031 185.451 534.711 732.181 131.24
Balance sheet total (assets)1 828.151 555.162 318.723 102.992 408.11
Net debt-1 121.05- 811.99-1 651.05-1 990.79-1 317.91
Profitability
EBIT-%
ROA54.2 %55.7 %30.7 %18.1 %-15.6 %
ROE94.8 %54.4 %34.1 %19.3 %-32.5 %
ROI128.9 %92.5 %42.4 %30.0 %-30.0 %
Economic value added (EVA)693.27555.81370.38229.99- 545.31
Solvency
Equity ratio42.0 %76.2 %66.2 %55.8 %47.0 %
Gearing7.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.74.23.016.715.3
Current ratio1.74.23.016.715.3
Cash and cash equivalents1 121.05895.501 651.051 990.791 317.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBBB

Variable visualization

ROA:-15.6%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:47.0%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
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