COLDCODE.DEV ApS — Credit Rating and Financial Key Figures

CVR number: 36699973
Sandskudevej 37, Klitmøller 7700 Thisted
morten@silcowitz.dk
tel: 42424485

Credit rating

Company information

Official name
COLDCODE.DEV ApS
Personnel
2 persons
Established
2015
Domicile
Klitmøller
Company form
Private limited company
Industry

About COLDCODE.DEV ApS

COLDCODE.DEV ApS (CVR number: 36699973) is a company from THISTED. The company recorded a gross profit of 1568.2 kDKK in 2023. The operating profit was 247 kDKK, while net earnings were 455.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.4 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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. COLDCODE.DEV ApS's liquidity measured by quick ratio was 3.1 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 profit-9.32162.82590.811 054.811 568.24
EBIT-9.32162.82239.9290.77247.01
Net earnings184.54117.12849.78- 178.44455.74
Shareholders equity total769.09832.201 625.481 390.541 787.38
Balance sheet total (assets)1 002.85925.021 949.501 656.042 598.93
Net debt- 802.90- 859.45-1 793.55-1 442.20-2 315.93
Profitability
EBIT-%
ROA25.0 %24.7 %69.5 %5.0 %25.4 %
ROE26.2 %14.6 %69.2 %-11.8 %28.7 %
ROI25.5 %25.5 %77.4 %5.6 %31.7 %
Economic value added (EVA)-45.9871.51159.3610.31131.85
Solvency
Equity ratio76.7 %90.0 %83.4 %84.0 %68.8 %
Gearing26.0 %7.8 %3.5 %11.2 %4.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.310.06.06.23.1
Current ratio4.310.06.06.23.1
Cash and cash equivalents1 002.85924.071 850.651 598.502 399.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:25.4%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.8%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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