SECURITYCODE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SECURITYCODE ApS
SECURITYCODE ApS (CVR number: 29139164) is a company from GREVE. The company recorded a gross profit of -27.8 kDKK in 2023. The operating profit was -27.8 kDKK, while net earnings were -21.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.6 %, which can be considered poor and Return on Equity (ROE) was -16.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SECURITYCODE 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.04 | -41.80 | 14.87 | -32.27 | -27.77 |
EBIT | -6.04 | -41.80 | 14.87 | -32.27 | -27.77 |
Net earnings | -6.04 | -32.60 | 10.88 | -27.07 | -21.66 |
Shareholders equity total | 25.81 | -6.79 | 4.10 | -22.98 | -44.64 |
Balance sheet total (assets) | 181.49 | 164.13 | 172.68 | 145.63 | 121.47 |
Net debt | -2.88 | -10.61 | -7.42 | 21.77 | 55.23 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.4 % | -23.7 % | 8.7 % | -18.9 % | -16.6 % |
ROE | -20.9 % | -34.3 % | 12.9 % | -36.2 % | -16.2 % |
ROI | -3.4 % | -25.8 % | 9.8 % | -20.7 % | -18.1 % |
Economic value added (EVA) | 1.06 | -24.78 | 19.61 | -17.45 | -13.88 |
Solvency | |||||
Equity ratio | 14.2 % | -4.0 % | 2.4 % | -13.6 % | -26.9 % |
Gearing | 595.1 % | -2127.8 % | 3749.7 % | -668.5 % | -344.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.0 | 0.9 | 0.7 |
Current ratio | 1.0 | 1.0 | 1.0 | 0.9 | 0.7 |
Cash and cash equivalents | 156.49 | 155.03 | 161.01 | 131.84 | 98.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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