Codefort SaaS ApS — Credit Rating and Financial Key Figures

Codefort SaaS ApS (CVR number: 39020939) is a company from SKANDERBORG. The company recorded a gross profit of 15.5 kDKK in 2023. The operating profit was -204.7 kDKK, while net earnings were -181.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18 %, which can be considered poor and Return on Equity (ROE) was -40.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.1 %, 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. Codefort SaaS ApS's liquidity measured by quick ratio was 1.7 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.