Credit rating
Company information
About X PROJECTS ApS
X PROJECTS ApS (CVR number: 41736720) is a company from KØBENHAVN. The company recorded a gross profit of -458 kDKK in 2023. The operating profit was -458 kDKK, while net earnings were -458 kDKK. The profitability of the company measured by Return on Assets (ROA) was -76.3 %, which can be considered poor and Return on Equity (ROE) was -107.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. X PROJECTS ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 94.63 | 286.97 | - 457.99 |
EBIT | 94.63 | 286.97 | - 457.99 |
Net earnings | 62.36 | 219.48 | - 457.99 |
Shareholders equity total | 102.36 | 321.84 | - 136.15 |
Balance sheet total (assets) | 540.43 | 531.91 | 531.91 |
Net debt | 363.40 | ||
Profitability | |||
EBIT-% | |||
ROA | 17.5 % | 53.5 % | -76.3 % |
ROE | 60.9 % | 103.5 % | -107.3 % |
ROI | 20.3 % | 72.9 % | -284.6 % |
Economic value added (EVA) | 73.81 | 217.74 | - 474.16 |
Solvency | |||
Equity ratio | 18.9 % | 60.5 % | -20.4 % |
Gearing | 355.0 % | ||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.2 | 2.5 | 0.8 |
Current ratio | 1.2 | 2.5 | 0.8 |
Cash and cash equivalents | |||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | B | C |
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