Code is key ApS — Credit Rating and Financial Key Figures

Code is key ApS (CVR number: 42297720) is a company from SKANDERBORG. The company recorded a gross profit of 219.8 kDKK in 2022. The operating profit was -814.9 kDKK, while net earnings were -679.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -144.9 %, which can be considered poor and Return on Equity (ROE) was -172.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Code is key ApS's liquidity measured by quick ratio was 5 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.