Nordicode ApS — Credit Rating and Financial Key Figures

CVR number: 39030845
Studiestræde 7 A, 1455 København K
mail@nordicode.dk
nordicode.dk

Credit rating

Company information

Official name
Nordicode ApS
Personnel
4 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon622000

About Nordicode ApS

Nordicode ApS (CVR number: 39030845) is a company from KØBENHAVN. The company recorded a gross profit of 3767.2 kDKK in 2024. The operating profit was 1498.2 kDKK, while net earnings were 1156.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.8 %, which can be considered excellent and Return on Equity (ROE) was 64 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nordicode ApS's liquidity measured by quick ratio was 2.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 309.142 177.853 544.514 210.683 767.24
EBIT117.63332.351 290.131 454.901 498.23
Net earnings90.45251.24995.071 129.331 156.28
Shareholders equity total185.98437.221 317.891 729.421 885.70
Balance sheet total (assets)992.05941.222 293.472 715.382 957.90
Net debt- 686.40- 560.00-1 649.06-2 337.36-2 501.56
Profitability
EBIT-%
ROA18.4 %34.4 %79.8 %58.1 %52.8 %
ROE46.1 %80.6 %113.4 %74.1 %64.0 %
ROI50.9 %95.8 %147.0 %95.5 %82.9 %
Economic value added (EVA)88.77285.961 008.691 148.031 190.85
Solvency
Equity ratio18.7 %46.5 %57.5 %63.7 %63.8 %
Gearing38.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.92.42.82.8
Current ratio1.21.92.42.82.8
Cash and cash equivalents757.00560.001 649.062 337.362 501.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:52.8%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.8%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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