The Projects ApS — Credit Rating and Financial Key Figures

CVR number: 37209406
Raffinaderivej 22, 2300 København S
hello@theprojects.dk

Credit rating

Company information

Official name
The Projects ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About The Projects ApS

The Projects ApS (CVR number: 37209406) is a company from KØBENHAVN. The company recorded a gross profit of 1646.2 kDKK in 2023. The operating profit was 1242.6 kDKK, while net earnings were 950.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 36.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. The Projects ApS's liquidity measured by quick ratio was 5.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 169.691 225.401 576.851 576.851 646.15
EBIT486.34704.39983.76983.761 242.57
Net earnings370.63512.09757.13757.13950.69
Shareholders equity total1 444.60956.692 121.072 121.073 071.77
Balance sheet total (assets)1 730.982 477.872 709.732 709.733 804.98
Net debt-1 260.65- 961.03-2 335.59-2 335.59-2 299.34
Profitability
EBIT-%
ROA31.3 %33.5 %38.0 %36.4 %38.3 %
ROE29.4 %42.7 %49.2 %35.7 %36.6 %
ROI38.6 %41.7 %48.6 %46.5 %48.0 %
Economic value added (EVA)381.44537.96814.56775.99974.41
Solvency
Equity ratio83.5 %38.6 %78.3 %78.3 %80.7 %
Gearing102.2 %
Relative net indebtedness %
Liquidity
Quick ratio6.01.64.64.65.2
Current ratio6.01.64.64.65.2
Cash and cash equivalents1 260.651 938.712 335.592 335.592 299.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:38.3%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.7%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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