Codaf Group ApS — Credit Rating and Financial Key Figures

CVR number: 38754688
Østre Alle 102, 9000 Aalborg
info@codafweb.dk
tel: 93203399
codafweb.dk

Credit rating

Company information

Official name
Codaf Group ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About Codaf Group ApS

Codaf Group ApS (CVR number: 38754688) is a company from AALBORG. The company recorded a gross profit of 2456 kDKK in 2023. The operating profit was 1346 kDKK, while net earnings were 1044.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.8 %, which can be considered excellent and Return on Equity (ROE) was 68.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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. Codaf Group 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.

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 profit438.91627.571 008.312 232.772 456.00
EBIT209.53239.20639.291 374.771 346.00
Net earnings161.44181.64488.411 043.871 044.20
Shareholders equity total308.31434.65866.571 510.441 554.64
Balance sheet total (assets)650.09817.861 220.982 118.932 323.91
Net debt- 624.98- 804.20-1 163.00-2 046.01-2 287.15
Profitability
EBIT-%
ROA41.9 %32.6 %62.7 %82.3 %60.8 %
ROE63.4 %48.9 %75.1 %87.8 %68.1 %
ROI82.3 %64.4 %98.3 %115.7 %88.1 %
Economic value added (EVA)168.36201.59513.401 082.401 068.39
Solvency
Equity ratio47.4 %53.1 %71.0 %71.3 %66.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.92.13.46.85.0
Current ratio1.92.13.46.85.0
Cash and cash equivalents624.98804.201 163.002 046.012 287.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:60.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.9%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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