Codora ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Codora ApS
Codora ApS (CVR number: 40647988) is a company from ALBERTSLUND. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a decline of -41.9 % compared to the previous year. The operating profit percentage was poor at -67.5 % (EBIT: -1.1 mDKK), while net earnings were -851.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -95.9 %, which can be considered poor and Return on Equity (ROE) was -114.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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. Codora ApS's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 2 609.37 | 833.47 | 2 786.06 | 1 618.75 |
Gross profit | 1 544.88 | 537.39 | 2 360.19 | 823.29 |
EBIT | 64.31 | 193.41 | 1 199.33 | -1 093.01 |
Net earnings | 49.78 | 149.12 | 928.45 | - 851.76 |
Shareholders equity total | 89.78 | 238.90 | 1 167.35 | 315.58 |
Balance sheet total (assets) | 400.90 | 295.20 | 1 611.59 | 664.57 |
Net debt | - 381.47 | - 265.63 | -1 588.09 | - 393.27 |
Profitability | ||||
EBIT-% | 2.5 % | 23.2 % | 43.0 % | -67.5 % |
ROA | 16.0 % | 55.6 % | 125.8 % | -95.9 % |
ROE | 55.4 % | 90.7 % | 132.0 % | -114.9 % |
ROI | 70.9 % | 112.0 % | 168.5 % | -147.1 % |
Economic value added (EVA) | 50.15 | 165.38 | 936.99 | - 831.44 |
Solvency | ||||
Equity ratio | 22.4 % | 80.9 % | 72.4 % | 47.5 % |
Gearing | 5.5 % | |||
Relative net indebtedness % | -2.7 % | -27.0 % | -41.1 % | -2.7 % |
Liquidity | ||||
Quick ratio | 1.2 | 5.3 | 3.6 | 1.9 |
Current ratio | 1.2 | 5.3 | 3.6 | 1.9 |
Cash and cash equivalents | 381.47 | 278.80 | 1 588.09 | 393.27 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 2.7 % | 27.5 % | 41.2 % | 18.6 % |
Credit risk | ||||
Credit rating | B | B | BBB | BB |
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