Ejendomsselskabet Project Nord P/S — Credit Rating and Financial Key Figures

CVR number: 36690372
Meldahlsgade 5, 1613 København V
danica@cej.dk

Company information

Official name
Ejendomsselskabet Project Nord P/S
Established
2015
Industry

About Ejendomsselskabet Project Nord P/S

Ejendomsselskabet Project Nord P/S (CVR number: 36690372) is a company from KØBENHAVN. The company reported a net sales of 10.5 mDKK in 2024, demonstrating a growth of 278.6 % compared to the previous year. The operating profit percentage was at 1622.4 % (EBIT: 170.4 mDKK), while net earnings were 253.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ejendomsselskabet Project Nord P/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales17.0020.0024.002 774.0010 501.00
Gross profit16.0019.0023.00- 976.005 452.00
EBIT- 155.00- 137.0033 948.00- 263 950.00170 367.00
Net earnings- 588.00- 832.0032 562.00- 518 240.00253 165.00
Shareholders equity total744 909.004 685 338.004 717 900.004 199 660.004 452 825.00
Balance sheet total (assets)3 476 202.004 844 189.006 015 580.004 332 609.005 057 922.00
Net debt2 394 270.00- 525 846.00983 885.00- 219 289.00319 475.00
Profitability
EBIT-%-911.8 %-685.0 %141450.0 %-9515.1 %1622.4 %
ROA-0.0 %-0.0 %0.6 %-10.0 %5.4 %
ROE-0.1 %-0.0 %0.7 %-11.6 %5.9 %
ROI-0.0 %-0.0 %0.6 %-10.3 %5.6 %
Economic value added (EVA)-33 400.85-30 886.68- 175 050.14- 493 813.9060 659.84
Solvency
Equity ratio21.4 %96.7 %78.4 %96.9 %88.0 %
Gearing339.2 %23.9 %11.7 %
Relative net indebtedness %15286394.1 %-1834975.0 %4810250.0 %-3112.5 %3850.1 %
Liquidity
Quick ratio0.14.50.42.70.4
Current ratio0.14.50.42.70.4
Cash and cash equivalents132 606.00525 846.00143 220.00219 289.00200 803.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-15048164.7 %2807400.0 %-3373970.8 %8084.6 %-3729.3 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:5.45%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.0%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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