Project N ApS — Credit Rating and Financial Key Figures

CVR number: 42442291
Stanghedevej 21, 8800 Viborg
nielslangvad@hotmail.com
tel: 30279181

Company information

Official name
Project N ApS
Personnel
3 persons
Established
2021
Company form
Private limited company
Industry

About Project N ApS

Project N ApS (CVR number: 42442291) is a company from VIBORG. The company recorded a gross profit of 1178.2 kDKK in 2024. The operating profit was 101.6 kDKK, while net earnings were 72 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.4 %, which can be considered excellent and Return on Equity (ROE) was 59.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.5 %, 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 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit588.50693.49828.471 178.25
EBIT164.1024.25-40.89101.61
Net earnings126.0615.19-39.0571.96
Shareholders equity total166.06124.0585.01156.96
Balance sheet total (assets)566.27470.21417.97532.97
Net debt- 269.62-81.23-74.05- 161.94
Profitability
EBIT-%
ROA29.0 %4.7 %-9.2 %21.4 %
ROE75.9 %10.5 %-37.4 %59.5 %
ROI41.9 %7.0 %-15.0 %38.8 %
Economic value added (EVA)128.01-1.06-48.8566.84
Solvency
Equity ratio29.3 %26.4 %20.3 %29.5 %
Gearing26.9 %25.3 %47.0 %17.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.70.61.1
Current ratio1.51.31.11.5
Cash and cash equivalents314.35112.62113.97189.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:21.4%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.5%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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