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Nordicode ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
Nordicode ApS
Personnel
4 persons
Established
2017
Company form
Private limited company
Industry

About Nordicode ApS

Nordicode ApS (CVR number: 39030845) is a company from KØBENHAVN. The company recorded a gross profit of 3917.8 kDKK in 2025. The operating profit was 1614.7 kDKK, while net earnings were 1249.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54.4 %, which can be considered excellent and Return on Equity (ROE) was 63.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.3 %, 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 3.1 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 177.853 544.514 210.683 767.243 917.85
EBIT332.351 290.131 454.901 498.231 614.68
Net earnings251.24995.071 129.331 156.281 249.77
Shareholders equity total437.221 317.891 729.421 885.702 035.47
Balance sheet total (assets)941.222 293.472 715.382 957.902 981.38
Net debt- 560.00-1 649.06-2 337.36-2 501.56-2 644.07
Profitability
EBIT-%
ROA34.4 %79.8 %58.1 %52.8 %54.4 %
ROE80.6 %113.4 %74.1 %64.0 %63.7 %
ROI95.8 %147.0 %95.5 %82.9 %82.4 %
Economic value added (EVA)244.37980.551 065.161 073.401 159.60
Solvency
Equity ratio46.5 %57.5 %63.7 %63.8 %68.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.92.42.82.83.1
Current ratio1.92.42.82.83.1
Cash and cash equivalents560.001 649.062 337.362 501.562 644.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:54.4%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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