X PROJECTS ApS — Credit Rating and Financial Key Figures

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.