CODE3 ApS — Credit Rating and Financial Key Figures

CVR number: 28511418
Adolphsvej 8, 2820 Gentofte
kontakt@code3.dk
www.code3.dk

Company information

Official name
CODE3 ApS
Personnel
4 persons
Established
2005
Company form
Private limited company
Industry

About CODE3 ApS

CODE3 ApS (CVR number: 28511418) is a company from GENTOFTE. The company recorded a gross profit of -58 kDKK in 2024. The operating profit was -59.4 kDKK, while net earnings were -68.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. CODE3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 054.186 242.776 122.855 623.60-58.03
EBIT2 542.732 641.552 890.142 433.46-59.42
Net earnings1 947.142 023.822 213.371 817.06-68.10
Shareholders equity total2 643.012 726.822 920.192 537.25669.15
Balance sheet total (assets)5 069.594 814.034 061.554 001.58986.10
Net debt-2 761.15-2 208.85-2 292.77-2 497.45109.09
Profitability
EBIT-%
ROA57.9 %53.7 %65.4 %60.6 %-2.2 %
ROE78.5 %75.4 %78.4 %66.6 %-4.2 %
ROI94.8 %86.6 %96.3 %85.1 %-2.9 %
Economic value added (EVA)1 842.141 902.632 089.031 663.16- 201.45
Solvency
Equity ratio52.1 %56.6 %71.9 %63.4 %67.9 %
Gearing11.4 %44.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.83.52.73.1
Current ratio2.52.83.52.73.1
Cash and cash equivalents2 761.152 208.852 292.772 786.60188.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-2.23%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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