Project Mercedes ApS — Credit Rating and Financial Key Figures

CVR number: 39004291
Mølagervej 20, Foldby 8382 Hinnerup

Company information

Official name
Project Mercedes ApS
Established
2017
Domicile
Foldby
Company form
Private limited company
Industry

About Project Mercedes ApS

Project Mercedes ApS (CVR number: 39004291) is a company from FAVRSKOV. The company recorded a gross profit of -19.9 kDKK in 2024. The operating profit was -19.9 kDKK, while net earnings were 5858.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.5 %, which can be considered excellent and Return on Equity (ROE) was 24.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Project Mercedes ApS's liquidity measured by quick ratio was 3.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-14.63-16.56-17.02-19.13-19.95
EBIT-14.63-16.56-17.02-19.13-19.95
Net earnings3 456.545 342.774 394.709 723.125 858.90
Shareholders equity total7 424.8511 895.1515 460.4923 183.6125 042.51
Balance sheet total (assets)10 367.7318 734.5519 212.5226 403.1427 670.50
Net debt1 956.595 514.312 941.821 173.211 352.52
Profitability
EBIT-%
ROA38.3 %36.9 %24.5 %43.2 %22.5 %
ROE56.8 %55.3 %32.1 %50.3 %24.3 %
ROI42.8 %39.9 %25.9 %46.0 %23.9 %
Economic value added (EVA)63.1189.85168.5444.5973.50
Solvency
Equity ratio71.6 %63.5 %80.5 %87.8 %90.5 %
Gearing26.8 %47.0 %19.3 %5.2 %5.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.72.53.9
Current ratio0.91.01.72.53.9
Cash and cash equivalents31.8278.5244.6325.52110.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:22.5%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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