CodeBoost ApS — Credit Rating and Financial Key Figures

CVR number: 38224220
Ballevej 1 C, 8600 Silkeborg
soren.fruergaard@gmail.com
tel: 25768340

Credit rating

Company information

Official name
CodeBoost ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About CodeBoost ApS

CodeBoost ApS (CVR number: 38224220) is a company from SILKEBORG. The company recorded a gross profit of 1322.7 kDKK in 2023. The operating profit was 463.1 kDKK, while net earnings were 360 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53.1 %, which can be considered excellent and Return on Equity (ROE) was 88.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.9 %, 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. CodeBoost 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 288.711 320.051 318.421 284.461 322.70
EBIT624.42549.28452.29388.30463.11
Net earnings485.57424.58348.90303.19359.97
Shareholders equity total557.86497.45422.34375.54435.50
Balance sheet total (assets)913.371 052.761 109.25734.451 015.49
Net debt- 569.24-76.17- 153.35- 286.77- 584.00
Profitability
EBIT-%
ROA79.2 %55.9 %41.8 %42.9 %53.1 %
ROE101.7 %80.5 %75.9 %76.0 %88.8 %
ROI130.7 %104.1 %98.3 %99.1 %95.5 %
Economic value added (EVA)488.70427.41329.16288.20355.15
Solvency
Equity ratio61.1 %47.3 %38.1 %51.1 %42.9 %
Gearing37.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.91.62.01.7
Current ratio2.51.91.62.01.7
Cash and cash equivalents569.2476.17153.35286.77746.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:53.1%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.9%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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