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CODEX INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CODEX INVEST ApS
CODEX INVEST ApS (CVR number: 52574315) is a company from AARHUS. The company recorded a gross profit of -40 kDKK in 2024. The operating profit was -40 kDKK, while net earnings were -5169.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor and Return on Equity (ROE) was -64.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68 %, 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. CODEX INVEST 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -25.83 | -75.94 | -37.16 | -39.21 | -40.00 |
| EBIT | -25.83 | -75.94 | -37.16 | -39.21 | -40.00 |
| Net earnings | 1 286.20 | 1 380.69 | 1 264.17 | 3 220.35 | -5 169.83 |
| Shareholders equity total | 5 986.42 | 7 254.11 | 7 968.28 | 10 688.63 | 5 396.80 |
| Balance sheet total (assets) | 6 270.91 | 7 739.89 | 8 416.42 | 11 825.89 | 7 931.42 |
| Net debt | -5 384.36 | -6 756.49 | -7 549.87 | -11 711.68 | -3 459.83 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 28.7 % | 24.8 % | 20.7 % | 42.8 % | -7.3 % |
| ROE | 23.8 % | 20.9 % | 16.6 % | 34.5 % | -64.3 % |
| ROI | 29.7 % | 25.9 % | 21.4 % | 45.4 % | -7.7 % |
| Economic value added (EVA) | - 261.89 | - 359.58 | - 401.52 | - 442.89 | - 578.15 |
| Solvency | |||||
| Equity ratio | 95.5 % | 93.7 % | 94.7 % | 90.4 % | 68.0 % |
| Gearing | 2.1 % | 1.0 % | 46.5 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 20.4 | 20.8 | 20.3 | 11.3 | 3.1 |
| Current ratio | 20.4 | 20.8 | 20.3 | 11.3 | 3.1 |
| Cash and cash equivalents | 5 384.36 | 6 756.49 | 7 718.18 | 11 820.74 | 5 969.40 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | AA | AA | AA | A |
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