CODE of Denmark ApS — Credit Rating and Financial Key Figures

CODE of Denmark ApS (CVR number: 42139262) is a company from ODENSE. The company recorded a gross profit of 821.7 kDKK in 2024. The operating profit was 115 kDKK, while net earnings were 93.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 85.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CODE of Denmark ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.