projectm ApS — Credit Rating and Financial Key Figures

CVR number: 43566741
Østergade 7, 6580 Vamdrup
didde@diddes.dk
tel: 23909167
www.vendors.dk

Credit rating

Company information

Official name
projectm ApS
Personnel
1 person
Established
2022
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About projectm ApS

projectm ApS (CVR number: 43566741) is a company from KOLDING. The company recorded a gross profit of 1715.4 kDKK in 2023. The operating profit was 108.8 kDKK, while net earnings were 36.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 47.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. projectm ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
Volume
Net sales
Gross profit1 715.40
EBIT108.77
Net earnings36.72
Shareholders equity total76.72
Balance sheet total (assets)771.68
Net debt461.68
Profitability
EBIT-%
ROA14.1 %
ROE47.9 %
ROI15.0 %
Economic value added (EVA)66.23
Solvency
Equity ratio9.9 %
Gearing842.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.7
Current ratio0.8
Cash and cash equivalents184.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.94%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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