Code200 ApS — Credit Rating and Financial Key Figures

Code200 ApS (CVR number: 37307491) is a company from AALBORG. The company recorded a gross profit of 808.8 kDKK in 2016. The operating profit was 149.9 kDKK, while net earnings were 115.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.7 %, which can be considered excellent and Return on Equity (ROE) was 69.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.9 %, 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. Code200 ApS's liquidity measured by quick ratio was 1.5 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.