ASKCODY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASKCODY ApS
ASKCODY ApS (CVR number: 33757891) is a company from AALBORG. The company recorded a gross profit of 21.9 mDKK in 2023. The operating profit was 1403.6 kDKK, while net earnings were -650.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ASKCODY 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 | 2 625.27 | 9 655.50 | 16 612.67 | 19 468.96 | 21 918.08 |
EBIT | -13 209.65 | -13 220.13 | -4 934.77 | -4 469.69 | 1 403.58 |
Net earnings | -12 190.32 | -13 673.98 | -6 228.21 | -3 604.85 | - 650.14 |
Shareholders equity total | 696.45 | -12 977.52 | -19 205.74 | -17 810.58 | -18 460.72 |
Balance sheet total (assets) | 21 011.88 | 24 421.88 | 24 717.51 | 21 161.67 | 20 637.06 |
Net debt | 9 554.27 | 20 027.11 | 23 290.39 | 22 300.88 | 23 245.49 |
Profitability | |||||
EBIT-% | |||||
ROA | -64.6 % | -43.9 % | -11.6 % | -11.3 % | 4.3 % |
ROE | -138.9 % | -108.9 % | -25.3 % | -15.7 % | -3.1 % |
ROI | -119.1 % | -72.0 % | -17.8 % | -18.1 % | 7.1 % |
Economic value added (EVA) | -11 782.51 | -12 223.38 | -4 143.40 | -2 277.25 | 1 242.55 |
Solvency | |||||
Equity ratio | 3.3 % | -34.7 % | -43.7 % | -45.7 % | -47.2 % |
Gearing | 1371.8 % | -182.3 % | -135.8 % | -125.2 % | -125.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 0.6 | 0.6 | 0.7 |
Current ratio | 0.9 | 1.0 | 0.6 | 0.6 | 0.7 |
Cash and cash equivalents | 3 627.28 | 2 781.62 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
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