CODE CRAFT ApS

APSDissolved

CVR 30523458Nørholm Bygade 25, 9240 NibeOther software publishing· NACE 5829Est. 2008 · 18 years old— employees

Overview

CODE CRAFT ApS is a Danish APS based in Nibe, operating in the Other software publishing sector. Incorporated in 2008, the company reported a gross profit of DKK 32.6k in its latest annual filing.

Gross profit 2013

32.6K DKK

EBITDA margin (of gross profit)

100.0 %

+425% vs 2012

Net profit 2013

26.1K DKK

+606% vs 2012

Key ratios

See full ratios →

87.1 %

Very strong

Among the 20% highest rated companies in the industry

20122013

7.8×

Very strong

Among the 20% highest rated companies in the industry

20122013

21.0 %

Very strong

Among the 20% highest rated companies in the industry

20122013

EBITDA — year on year

DKK thousands

Key figures

Annual report 2013

Gross profit	32.6K DKK	—
EBITDA	32.6K DKK	+425%
Net profit	26.1K DKK	+606%
Total assets	124.3K DKK	+31%
Equity	108.3K DKK	+32%
Employees	—	—

Financial development

In its most recent annual report (2013), CODE CRAFT ApS reported a gross profit of DKK 32.6k. The figures on this page draw on 2 annual filings covering 2012 to 2013. The bottom line showed a net profit of DKK 26.1k, and the EBITDA margin stood at 100%.

At the end of 2013, equity financed 87.1% of the balance sheet, and current assets covered short-term debt 7.8 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2013	2012
Gross profit	33	—
Staff expenses	-0	-2
EBITDA	33	-10
Depreciation & amort.	-0	-0
EBIT	33	-10
Net financials	3	3
Profit before tax	36	-7
Tax	10	-2
Net profit	26	-5

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Balance sheet

DKK thousands

Item	2013	2012
Total assets	124	95
Equity	108	82
Long-term debt	0	0
Short-term debt	16	13
Total debt	16	13

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20122013

Equity ratio

87.1 %

Very strong

Among the 20% highest rated companies in the industry

20122013

Return on equity

24.1 %

Strong

Among the 40% highest rated companies in the industry

20122013

Net profit margin (of gross profit)

80.2 %

20122013

Asset turnover (of gross profit)

0.26×

20122013

Debt / equity

0.15×

Very strong

Among the 20% highest rated companies in the industry

20122013

Sector performance

22 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 40% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 20% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery strong

Among the 20% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 20% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 30% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 40% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 40% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery strong

Among the 20% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 20% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 20% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 30% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 40% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 20% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalWeak

Among the 40% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2013
Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


RN Ruben Nørgaard Management	Management	2008 – 2014

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of CODE CRAFT ApS also hold positions in 1 other company.

Person	Role here	Other companies
Ruben Nørgaard	Management	1 company

Frequently asked questions

What is the CVR number of CODE CRAFT ApS?

CODE CRAFT ApS is registered with CVR / Virk under CVR 30523458.

What is the gross profit of CODE CRAFT ApS?

CODE CRAFT ApS reported a gross profit of DKK 32.6k in 2013.

Where is CODE CRAFT ApS headquartered?

CODE CRAFT ApS's registered address is Nørholm Bygade 25.