Codinvest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Codinvest ApS
Codinvest ApS (CVR number: 42227420) is a company from RUDERSDAL. The company recorded a gross profit of -33.9 kDKK in 2024. The operating profit was -33.9 kDKK, while net earnings were -2279.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was -11 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -65.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Codinvest ApS's liquidity measured by quick ratio was 18.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 36.00 | 36.00 | -47.64 | -33.94 |
EBIT | 36.00 | 36.00 | -47.64 | -33.94 |
Net earnings | 81 960.00 | -72 996.00 | -65 474.50 | -2 279.68 |
Shareholders equity total | 101 048.00 | 28 052.00 | -37 422.39 | -39 702.07 |
Balance sheet total (assets) | 145 270.00 | 86 671.00 | 20 478.10 | 21 040.98 |
Net debt | - 177.00 | - 259.00 | - 203.79 | - 183.03 |
Profitability | ||||
EBIT-% | ||||
ROA | 57.6 % | 1.6 % | 2.1 % | 2.2 % |
ROE | 81.1 % | -113.1 % | -269.8 % | -11.0 % |
ROI | 82.8 % | 2.9 % | 10.8 % | |
Economic value added (EVA) | 36.00 | -5 041.66 | -1 457.25 | 1 846.54 |
Solvency | ||||
Equity ratio | 69.6 % | 32.4 % | -64.6 % | -65.4 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.0 | 23.5 | 20.4 | 18.3 |
Current ratio | 0.0 | 23.5 | 20.4 | 18.3 |
Cash and cash equivalents | 177.00 | 259.00 | 203.79 | 183.03 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BB | BB |
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