project44 A/S — Credit Rating and Financial Key Figures

project44 A/S (CVR number: 37439541) is a company from AALBORG. The company reported a net sales of 47.4 mDKK in 2023, demonstrating a decline of -66.6 % compared to the previous year. The operating profit percentage was at 8.6 % (EBIT: 4.1 mDKK), while net earnings were -3227 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. project44 A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.