Project N ApS — Credit Rating and Financial Key Figures

Project N ApS (CVR number: 42442291) is a company from VIBORG. The company recorded a gross profit of 828.5 kDKK in 2023. The operating profit was -40.9 kDKK, while net earnings were -39 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.2 %, which can be considered poor and Return on Equity (ROE) was -37.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Project N ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.