Projectgold ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Projectgold ApS
Projectgold ApS (CVR number: 36909412K) is a company from KERTEMINDE. The company reported a net sales of 769.3 mDKK in 2024, demonstrating a decline of -6.7 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 11.6 mDKK), while net earnings were 7576 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Projectgold ApS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 679.45 | 790.92 | 719.46 | 824.84 | 769.26 |
Gross profit | 226.02 | 257.79 | 204.49 | 218.40 | 177.29 |
EBIT | 52.67 | 89.27 | 24.61 | 57.04 | 11.55 |
Net earnings | 38.35 | 67.30 | 15.80 | 43.95 | 7.58 |
Shareholders equity total | 392.81 | 369.91 | 381.83 | 422.58 | 359.35 |
Balance sheet total (assets) | 705.79 | 608.15 | 523.40 | 565.07 | 495.18 |
Net debt | - 119.61 | -96.39 | |||
Profitability | |||||
EBIT-% | 7.8 % | 11.3 % | 3.4 % | 6.9 % | 1.5 % |
ROA | 7.5 % | 13.6 % | 4.3 % | 11.1 % | 3.4 % |
ROE | 18.2 % | 17.6 % | 4.2 % | 10.9 % | 1.9 % |
ROI | 7.5 % | 13.6 % | 4.3 % | 12.4 % | 4.2 % |
Economic value added (EVA) | 51.22 | 69.53 | 6.02 | 23.51 | -14.40 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 74.8 % | 72.6 % |
Gearing | 2.3 % | 0.5 % | |||
Relative net indebtedness % | -0.5 % | 3.0 % | |||
Liquidity | |||||
Quick ratio | 2.2 | 1.8 | |||
Current ratio | 3.7 | 3.4 | |||
Cash and cash equivalents | 129.21 | 98.20 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.6 | 35.4 | |||
Net working capital % | 38.3 % | 34.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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