Project North Partnerselskab — Credit Rating and Financial Key Figures

CVR number: 40697586
Bellidavej 20, 2500 Valby
info@deas.dk
tel: 70302020

Company information

Official name
Project North Partnerselskab
Established
2019
Industry

About Project North Partnerselskab

Project North Partnerselskab (CVR number: 40697586) is a company from KØBENHAVN. The company reported a net sales of 24.6 mDKK in 2024, demonstrating a growth of 8 % compared to the previous year. The operating profit percentage was at 100.7 % (EBIT: 24.8 mDKK), while net earnings were 25.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Project North Partnerselskab's liquidity measured by quick ratio was 520 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales22 798.0024 623.00
Gross profit- 488.00- 445.00- 202.0021 954.0024 160.00
EBIT29 810.004 880.00-37 556.00-26 072.0024 785.00
Net earnings30 522.007 136.00-31 693.00-24 091.0025 707.00
Shareholders equity total160 522.00243 658.00411 965.00612 873.00558 580.00
Balance sheet total (assets)662 061.00663 152.00667 497.00637 411.00583 240.00
Net debt-28 856.00-10 585.00-45 513.00-66 853.00-19 159.00
Profitability
EBIT-%-114.4 %100.7 %
ROA4.6 %1.1 %-4.8 %-3.7 %4.2 %
ROE19.0 %3.5 %-9.7 %-4.7 %4.4 %
ROI4.6 %1.1 %-5.8 %-4.5 %4.2 %
Economic value added (EVA)29 810.00-1 736.22-49 267.92-44 486.21-2 652.51
Solvency
Equity ratio24.2 %36.7 %61.7 %96.2 %95.8 %
Gearing
Relative net indebtedness %-185.6 %22.3 %
Liquidity
Quick ratio8.91.60.21 860.3520.0
Current ratio8.91.60.21 860.3520.0
Cash and cash equivalents28 856.0010 585.0045 513.0066 853.0019 159.00
Capital use efficiency
Trade debtors turnover (days)8.61.2
Net working capital %326.2 %78.0 %
Credit risk
Credit ratingAABBBAAA

Variable visualization

ROA:4.22%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.8%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board
Board member

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