Codescene AB
ABActiveOrg 5590283270Hyllie Stationstorg 31, 215 32 MalmöOther software publishing· NACE 5829Est. 2015 · 11 years old16 employees
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Overview
Codescene AB is a Swedish AB based in Malmö, operating in the Other software publishing sector. Incorporated in 2015, the company has 16 employees and reported revenue of SEK 35.9m in its latest annual filing.
Revenue 2025
35.9M SEK
+11% vs 2024
EBITDA margin
−17.9 %
+45% vs 2024
Net profit 2025
-16.2M SEK
+14% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
45.3 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
0.7×
Very weakAmong the 20% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
-35.0 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
EBITDA — year on year
SEK millionsKey figures
Annual report 2025| Revenue | 35.9M SEK | +11% |
| EBITDA | -6.4M SEK | +45% |
| Net profit | -16.2M SEK | +14% |
| Total assets | 46.3M SEK | +19% |
| Equity | 21M SEK | -2% |
| Employees | 16 | — |
Company information
Legal name
Codescene AB
Org number
5590283270
Legal form
Aktiebolag
NACE code
5829 · Other software publishing
Founded
30 September 2015 · 11 years
Share capital
SEK 102,234
Employees
16 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas i förening av Jusufagic, Hamdija Kroh, Wolfgang Rudolf Firman tecknas av en av Kroh, Wolfgang Rudolf Scharp, Johan Anders Henrik i förening med en av Bergman, Carl Magnus Caron, Peter Matthew Gyllenspetz, Ulf Lars Jonas Tornhill, Hans Adam Dessutom har verkställande direktören rätt att teckna firman beträffande löpande förvaltningsåtgärder
Company purpose
Företaget utvecklar produkter och tjänster för att analysera mjukvara.
(no translation available)
Contact
Address
Hyllie Stationstorg 31, 215 32 Malmö
Email
finance@codescene.com
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Financial development
In its most recent annual report (2025), Codescene AB reported revenue of SEK 35.9m, an increase of 11% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of SEK 16.2m, and the EBITDA margin stood at -17.9%.
At the end of 2025, equity financed 45.3% of the balance sheet, and current assets covered short-term debt 0.7 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 35,882 | 32,303 | 24,809 | 18,442 | 11,362 |
| Staff expenses | -20,337 | -25,154 | — | — | — |
| EBITDA | -6,434 | -11,611 | -14,505 | -14,936 | -11,078 |
| Depreciation & amort. | -9,414 | -7,284 | -4,984 | -2,590 | -789 |
| EBIT | -15,848 | -18,895 | -19,489 | -17,526 | -11,867 |
| Net financials | -371 | 101 | -629 | -217 | -181 |
| Profit before tax | -16,219 | -18,794 | -20,117 | -17,743 | -11,733 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | -16,219 | -18,794 | -20,117 | -17,743 | -11,733 |
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Balance sheet
SEK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 46,314 | 38,853 | 47,082 | 30,714 | 25,489 |
| Equity | 20,981 | 21,427 | 27,719 | -4,664 | 13,079 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 25,333 | 17,426 | 19,363 | 35,377 | 12,410 |
| Total debt | 25,333 | 17,426 | 19,363 | 35,377 | 12,410 |
Financial ratios
5-year trendEBITDA margin
-17.9 %
20212025
Equity ratio
45.3 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Return on equity
-77.3 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
Net profit margin
-45.2 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
Asset turnover
0.77×
AverageAround the average of companies in the same industry
20212025
Debt / equity
1.21×
WeakAmong the 30% lowest rated companies in the industry
20212025
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% lowest rated companies in the industry
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 marginVery weak
Among the 20% lowest rated companies in the industry
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 marginVery weak
Among the 20% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very weak
Among the 20% lowest 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 weak
Among the 20% lowest 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)Very weak
Among the 20% lowest 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 weak
Among the 20% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery weak
Among the 20% lowest rated companies in the industry
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 weak
Among the 20% lowest 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 weak
Among the 20% lowest 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 ratioVery weak
Among the 20% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery strong
Among the 20% 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 weak
Among the 10% lowest 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 ratioVery weak
Among the 20% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% lowest 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 ratioWeak
Among the 40% lowest 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 equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 40% lowest 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 weak
Among the 20% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 30% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 20% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery weak
Among the 20% lowest 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
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery strong
Among the 10% highest 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 equityAverage
Around the average of companies in the same 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.
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 2025Filed via Bolagsverket / SCB · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Bolagsverket / SCB · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Bolagsverket / SCB · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Bolagsverket / SCB · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Bolagsverket / SCB · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
MC Chief Auditor | Chief Auditor | 2026 |
HJ Chief Executive Officer | Chief Executive Officer | 2022 |
Former (4)
ER Chief Auditor | Chief Auditor | 2020 – 2024 |
KR Chief Auditor | Chief Auditor | 2024 – 2026 |
HA Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
HJ External Signatory | External Signatory | 2025 – 2026 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
CM Board of Directors | Board of Directors | 2022 |
UL Board of Directors | Board of Directors | 2026 |
WR Chairman | Chairman | 2026 |
JA Board of Directors | Board of Directors | 2023 |
HA Board of Directors | Board of Directors | 2020 |
PM Board of Directors | Board of Directors | 2024 |
Former (6)
TT Board of Directors | Board of Directors | 2022 – 2023 |
JL Deputy Board Member | Deputy Board Member | 2022 – 2023 |
HJ Board of Directors | Board of Directors | 2020 – 2023 |
AK Board of Directors | Board of Directors | 2022 – 2024 |
DC Board of Directors | Board of Directors | 2023 – 2026 |
HJ Board of Directors | Board of Directors | 2023 – 2025 |
Shareholders
Active legal ownersNo shareholder data available.
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Company hierarchy
Codescene AB (this company)
Codescene Inc.100% ownedCodescene Inc.100% ownedCodescene Bh D.O.O.100% ownedCodescene BH D.O.O.100% ownedBoard network connections
Board members of Codescene AB also hold positions in 410 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Martin Christer Borg | Chief Auditor | 163 companiesMany roles |
| Kent Robert Axgart Wennerlund | Chief Auditor | 72 companiesMany roles |
| Emma Rebecka Josefine Iderup | Chief Auditor | 56 companiesMany roles |
| Hans Jonas Fredriksson | External Signatory | 53 companiesMany roles |
| Carl Magnus Bergman | Board of Directors | 21 companiesMany roles |
| Johan Anders Henrik Scharp | Board of Directors | 17 companiesMany roles |
| Wolfgang Rudolf Kroh | Chairman | 7 companiesMany roles |
| Hamdija Jusufagic | Chief Executive Officer | 6 companiesMany roles |
| John Linus Dahg | Deputy Board Member | 5 companies |
| Ulf Lars Jonas Gyllenspetz | Board of Directors | 3 companies |
| Anna Karin Cecilia Bodin | Board of Directors | 3 companies |
| David Christian Kvist | Board of Directors | 2 companies |
| Hans Adam Tornhill | Chief Executive Officer | 1 company |
| Peter Matthew Caron | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Codescene AB?
Codescene AB is registered with Bolagsverket / SCB under Org 5590283270.
What is the revenue of Codescene AB?
Codescene AB reported revenue of SEK 35.9m in 2025.
How many employees does Codescene AB have?
Codescene AB employs 16 people as of the latest annual report.
Who is the CEO of Codescene AB?
Hamdija Jusufagic is the CEO of Codescene AB, in role since 2022.
Who is the chairman of Codescene AB?
Wolfgang Rudolf Kroh chairs the board of Codescene AB, in role since 2026.
Where is Codescene AB headquartered?
Codescene AB's registered address is Hyllie Stationstorg 31.