# Code is IT AB (5591812986)

> Code is IT AB is a limited company with organisation number 5591812986, registered 2018-11-22, domiciled in Borås, Västra Götalands län. According to the annual report for the financial year ending 2023-12-31, net revenue was 1.07 MSEK.

## Facts

| | |
|---|---|
| Organisation number | 5591812986 |
| Company form | AB-ORGFO |
| Registered | 2018-11-22 |
| Domicile | Borås, Västra Götalands län |
| Industry (SNI) | 62201 – Computer programming and consultancy |
| Status | normal |
| Latest annual report | 2023-12-31, filed 2024-08-04 |

## Key figures

| Key figure (MSEK, % / people) | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---:|---:|---:|---:|---:|
| Net revenue | 1.07 | 0.88 | 1.10 | 0.58 | 1.30 |
| Operating result | 0.03 | -0.05 | 0.19 | -0.02 | 0.36 |
| Net result | 0.03 | -0.05 | 0.15 | -0.02 | 0.28 |
| Total assets | 0.44 | 0.38 | 0.44 | 0.25 | 0.66 |
| Equity | 0.19 | 0.16 | 0.21 | 0.06 | 0.33 |
| Equity ratio | 44.0 % | 42.0 % | 47.0 % | 24.0 % | 50.0 % |
| Average employees | 1 | 1 | 1 | 1 | 1 |

## What changed

2019-12-31 → 2023-12-31: 7 material changes.

- Dividend (proposed) no longer reported (was 250 000)
- Filed 217 days after period end (+156 days vs previous filing), after the 7-month statutory limit
- Equity ratio down: 0.50 -> 0.44 (-12.0%)
- New signatory
- Förvaltningsberättelse: allmänt om verksamheten text changed (similarity 0.78)
- Styrelsens yttrande om vinstutdelning removed
- Redovisnings- och värderingsprinciper added

## Compared with similar companies

Peer group: size (n=7757), at least 15 companies. Quartiles (P25, P50, P75) and the company's value:

- Revenue growth: 20.6 % (P25 -20.8 %, P50 1.4 %, P75 27.1 %)
- Operating margin: 3.1 % (P25 1.1 %, P50 13.1 %, P75 33.4 %)
- Equity ratio: 44.0 % (P25 42.0 %, P50 63.0 %, P75 80.6 %)
- Revenue per employee: 1.07 (P25 0.53, P50 0.95, P75 1.47)

## Signatories and auditor

1 signatories in the latest report. Names are shown to signed-in users only.

## Digital annual reports

- 2023-01-01 – 2023-12-31 (filed 2024-08-04)
- 2022-01-01 – 2022-12-31 (filed 2023-07-16)
- 2021-01-01 – 2021-12-31 (filed 2022-05-15)
- 2018-11-22 – 2019-12-31 (filed 2020-03-01)

## Sources and use

Källa: Bolagsverket och SCB, egen bearbetning.

Only digitally filed annual reports are included. A missing year does not mean the report is missing at the authority.
Signals and ratings are not shown here.

Last updated: 2024-08-04.
Page with more detail and source links: https://bolagsdelta.se/en/company/code-is-it-ab-5591812986
Svenska: https://bolagsdelta.se/foretag/code-is-it-ab-5591812986

Feel free to cite with a link to the page. The data is processed from Bolagsverket and SCB and is not a credit report.