PROJECTWORKS ApS — Credit Rating and Financial Key Figures

CVR number: 27988865
Skovlytoften 4, Øverød 2840 Holte
faktura@projectworks.dk
tel: 44535372

Credit rating

Company information

Official name
PROJECTWORKS ApS
Established
2004
Domicile
Øverød
Company form
Private limited company
Industry

About PROJECTWORKS ApS

PROJECTWORKS ApS (CVR number: 27988865) is a company from RUDERSDAL. The company recorded a gross profit of 212.5 kDKK in 2023. The operating profit was 125 kDKK, while net earnings were 44.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -8.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PROJECTWORKS ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit141.36124.87-1 126.38119.71212.46
EBIT53.9537.46-1 213.7932.29125.04
Net earnings-32.75-41.80-1 003.34-29.1344.91
Shareholders equity total617.48575.68- 427.66- 456.78- 411.88
Balance sheet total (assets)4 356.744 321.254 709.194 411.854 328.88
Net debt3 587.143 592.273 087.222 816.212 642.71
Profitability
EBIT-%
ROA1.2 %0.9 %-25.7 %0.6 %2.6 %
ROE-5.2 %-7.0 %-38.0 %-0.6 %1.0 %
ROI1.2 %0.9 %-32.8 %1.1 %4.4 %
Economic value added (EVA)- 156.81- 168.42-1 146.35-99.30-14.67
Solvency
Equity ratio14.2 %13.3 %-8.3 %-9.4 %-8.7 %
Gearing580.9 %631.5 %-724.2 %-630.9 %-650.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.20.10.2
Current ratio0.00.10.20.10.2
Cash and cash equivalents43.369.9965.4335.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:2.61%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.69%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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