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Coding Explained ApS
APS
Active
CVR 41427353
Kridtsløjfen 23, 5. 1
Other software publishing · NACE 5829
Est. 2020
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
DKK 308K
-50% vs 2024
EBITDA margin
100.0%
+160% vs 2024
Equity ratio
79.0%
Financial strength
Net profit 2025
DKK 242K
+179% vs 2024
EBITDA — year on year
DKK millions
1M
1M
1M
0M
0M
1M
2021
1M
0%
2022
0M
-100%
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
DKK 308K
-50%
EBITDA
DKK 308K
+160%
Net profit
DKK 242K
+179%
Total assets
DKK 362K
-35%
Equity
DKK 286K
-13%
Employees
1
—
Company information
Legal name
Coding Explained ApS
CVR number
41427353
Legal form
Anpartsselskab
NACE code
5829 · Other software publishing
Founded
11. juni 2020
Share capital
DKK 40.000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør
Company purpose
Selskabets formål er at drive virksomhed med undervisning og udvikling af software, samt enhver i forbindelse hermed stående virksomhed.
Contact
Address
Kridtsløjfen 23, 5. 1
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Other software publishing
Companies in Aalborg
All Denmark companies
Revenue
DKK millions
0M
0M
1M
1M
1M
1M
2021
1M
2022
1M
2023
1M
2024
0M
2025
EBITDA
DKK millions
0M
0M
1M
1M
1M
1M
2021
1M
2022
0M
2023
0M
2024
0M
2025
Income statement
DKK thousands
Item
2021
2022
2023
2024
2025
Revenue
1.038
1.163
1.016
619
308
Staff expenses
-326
-200
-923
-501
-0
EBITDA
712
962
94
118
308
Depreciation & amort.
-0
-0
-0
-0
-0
EBIT
712
962
94
118
308
Net financials
-1
5
0
-7
2
Profit before tax
710
967
94
111
310
Tax
156
213
21
25
68
Net profit
554
755
73
87
242
Balance sheet
DKK thousands
Item
2021
2022
2023
2024
2025
Total assets
809
1.121
441
560
362
Equity
614
869
242
329
286
Long-term debt
0
0
0
0
0
Short-term debt
195
252
199
231
76
Total debt
195
252
199
231
76
Financial ratios
5-year trend
EBITDA margin
100.0%
This company
15.8%
Market median
+533% vs market
2021
2025
Equity ratio
79.0%
This company
38.2%
Market median
+107% vs market
2021
2025
Return on equity
84.6%
This company
18.4%
Market median
+360% vs market
2021
2025
Net profit margin
78.6%
This company
8.1%
Market median
+870% vs market
2021
2025
Asset turnover
0.85×
This company
1.12×
Market median
+24% vs market
2021
2025
Debt / equity
0.27×
This company
0.62×
Market median
+56% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
BA
Bo Andersen
Management
Management
2020
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Trailhub ApS
Company
100%
100%
2026
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
BAIT Holding ApS
Trailhub ApS
Coding Explained ApS
(this company)
Board network connections
Board members of Coding Explained ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Bo Andersen
Management
0 companies