INCODES ApS — Credit Rating and Financial Key Figures

INCODES ApS (CVR number: 36427388) is a company from KØGE. The company recorded a gross profit of 503.3 kDKK in 2023. The operating profit was -228.3 kDKK, while net earnings were -182.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -53.7 %, which can be considered poor and Return on Equity (ROE) was -82 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. INCODES ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.