PROJECT OPEN ApS — Credit Rating and Financial Key Figures

PROJECT OPEN ApS (CVR number: 34487863) is a company from VORDINGBORG. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -32.7 kDKK, while net earnings were -18.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -15.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.3 %, 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. PROJECT OPEN ApS's liquidity measured by quick ratio was 2.5 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.