Maincode K/S — Credit Rating and Financial Key Figures

CVR number: 42511587
Palmelunden 75, Høje Taastrup 2630 Taastrup
markido@live.dk
tel: 42334256
maincode.dk

Company information

Official name
Maincode K/S
Established
2021
Domicile
Høje Taastrup
Company form
Limited partnership
Industry

About Maincode K/S

Maincode K/S (CVR number: 42511587) is a company from Høje-Taastrup. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 89.2 % compared to the previous year. The operating profit percentage was at 7.9 % (EBIT: 0.1 mDKK), while net earnings were 63.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.4 %, which can be considered excellent and Return on Equity (ROE) was 81.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Maincode K/S's liquidity measured by quick ratio was 2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales216.29427.85809.32
Gross profit5.29381.65763.88
EBIT5.2941.7963.88
Net earnings4.5641.7963.88
Shareholders equity total4.5646.35110.23
Balance sheet total (assets)34.81125.78225.22
Net debt-28.56- 119.53- 192.72
Profitability
EBIT-%2.4 %9.8 %7.9 %
ROA15.2 %52.0 %36.4 %
ROE100.0 %164.1 %81.6 %
ROI116.0 %164.1 %81.6 %
Economic value added (EVA)5.2942.9967.56
Solvency
Equity ratio13.1 %36.9 %48.9 %
Gearing
Relative net indebtedness %0.8 %-9.4 %-9.6 %
Liquidity
Quick ratio1.21.62.0
Current ratio1.21.62.0
Cash and cash equivalents28.56119.53192.72
Capital use efficiency
Trade debtors turnover (days)10.55.314.7
Net working capital %2.1 %10.8 %13.6 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:36.4%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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