Ejendomsselskabet Project Nord P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 17.00 | 20.00 | 24.00 | 2 774.00 | 10 501.00 |
Gross profit | 16.00 | 19.00 | 23.00 | - 976.00 | 5 452.00 |
EBIT | - 155.00 | - 137.00 | 33 948.00 | - 263 950.00 | 170 367.00 |
Net earnings | - 588.00 | - 832.00 | 32 562.00 | - 518 240.00 | 253 165.00 |
Shareholders equity total | 744 909.00 | 4 685 338.00 | 4 717 900.00 | 4 199 660.00 | 4 452 825.00 |
Balance sheet total (assets) | 3 476 202.00 | 4 844 189.00 | 6 015 580.00 | 4 332 609.00 | 5 057 922.00 |
Net debt | 2 394 270.00 | - 525 846.00 | 983 885.00 | - 219 289.00 | 319 475.00 |
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 | - 493 813.90 | 60 659.84 |
Solvency | |||||
Equity ratio | 21.4 % | 96.7 % | 78.4 % | 96.9 % | 88.0 % |
Gearing | 339.2 % | 23.9 % | 11.7 % | ||
Relative net indebtedness % | 15286394.1 % | -1834975.0 % | 4810250.0 % | -3112.5 % | 3850.1 % |
Liquidity | |||||
Quick ratio | 0.1 | 4.5 | 0.4 | 2.7 | 0.4 |
Current ratio | 0.1 | 4.5 | 0.4 | 2.7 | 0.4 |
Cash and cash equivalents | 132 606.00 | 525 846.00 | 143 220.00 | 219 289.00 | 200 803.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -15048164.7 % | 2807400.0 % | -3373970.8 % | 8084.6 % | -3729.3 % |
Credit risk | |||||
Credit rating | BBB | A | A | BBB | A |
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