Code Creation IVS
Credit rating
Company information
About Code Creation IVS
Code Creation IVS (CVR number: 36081198) is a company from KØBENHAVN. The company recorded a gross profit of 874.7 kDKK in 2017. The operating profit was -86.9 kDKK, while net earnings were -98.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.2 %, which can be considered poor and Return on Equity (ROE) was -16.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Code Creation IVS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 348.13 | 874.73 |
EBIT | - 173.02 | -86.89 |
Net earnings | - 173.02 | -98.17 |
Shareholders equity total | 40.46 | -57.70 |
Balance sheet total (assets) | 240.77 | 1 121.66 |
Net debt | - 238.79 | -69.70 |
Profitability | ||
EBIT-% | ||
ROA | -71.9 % | -12.2 % |
ROE | -427.6 % | -16.9 % |
ROI | -427.6 % | -429.5 % |
Economic value added (EVA) | - 173.02 | -69.00 |
Solvency | ||
Equity ratio | 16.8 % | -4.9 % |
Gearing | ||
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 1.2 | 0.6 |
Current ratio | 1.2 | 0.6 |
Cash and cash equivalents | 238.79 | 69.70 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | C | B |
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