Codes&Co ApS — Credit Rating and Financial Key Figures

Codes&Co ApS (CVR number: 42016616) is a company from ODENSE. The company recorded a gross profit of -8.5 kDKK in 2021. The operating profit was -8.5 kDKK, while net earnings were -6.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.2 %, which can be considered poor and Return on Equity (ROE) was -20 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. Codes&Co ApS's liquidity measured by quick ratio was 4.9 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.