Project Garden ApS — Credit Rating and Financial Key Figures

CVR number: 43419811
Kristine Nielsens Gade 5, 8000 Aarhus C

Company information

Official name
Project Garden ApS
Established
2022
Company form
Private limited company
Industry

About Project Garden ApS

Project Garden ApS (CVR number: 43419811) is a company from AARHUS. The company recorded a gross profit of 5665.3 kDKK in 2024. The operating profit was 15.8 mDKK, while net earnings were 10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.9 %, 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 Garden 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit892.685 509.935 665.29
EBIT-2 147.60-9 995.8215 789.35
Net earnings-3 104.36-15 380.3910 358.65
Shareholders equity total55 517.8140 137.4250 496.07
Balance sheet total (assets)150 418.00134 461.05144 792.21
Net debt90 534.7290 568.8390 749.39
Profitability
EBIT-%
ROA-1.4 %-7.0 %11.3 %
ROE-5.6 %-32.2 %22.9 %
ROI-1.5 %-7.1 %11.5 %
Economic value added (EVA)-2 135.22-17 329.779 149.80
Solvency
Equity ratio36.9 %29.9 %34.9 %
Gearing166.7 %229.2 %182.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.6
Current ratio0.70.60.6
Cash and cash equivalents2 020.391 438.061 186.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBA

Variable visualization

ROA:11.3%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.9%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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