PROJEKT DEVELOPING ApS

APSIn liquidationAdvertising protection

CVR 10107229Fanøvej 7, 9940 LæsøOther financial service activities, except insurance and pension funding n.e.c.· NACE 6499Est. 2002 · 23 years old— employees

Overview

PROJEKT DEVELOPING ApS is a Danish APS based in Læsø, operating in the Other financial service activities, except insurance and pension funding n.e.c. sector. Incorporated in 2002, the company reported a gross profit of DKK 14.4m in its latest annual filing.

Gross profit 2021

14.4M DKK

+12219% vs 2020

EBITDA margin (of gross profit)

100.0 %

+4550% vs 2020

Net profit 2021

14.3M DKK

+3720% vs 2020

Key ratios

See full ratios →

52.4 %

Average

Around the average of companies in the same industry

20172021

2.1×

Average

Around the average of companies in the same industry

20172021

>999 %

Very strong

Among the 10% highest rated companies in the industry

20172021

EBITDA — year on year

DKK millions

Key figures

Annual report 2021

Gross profit	14.4M DKK	+12219%
EBITDA	14.4M DKK	+4550%
Net profit	14.3M DKK	+3720%
Total assets	0.1M DKK	-97%
Equity	0M DKK	+100%
Employees	—	—

Contact

Address

Fanøvej 7, 9940 Læsø

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2021), PROJEKT DEVELOPING ApS reported a gross profit of DKK 14.4m, an increase of 12219% on the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net profit of DKK 14.3m, and the EBITDA margin stood at 100%.

At the end of 2021, equity financed 52.4% of the balance sheet, and current assets covered short-term debt 2.1 times.

Financials

Gross profit

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2021	2020	2019	2018	2017
Gross profit	14,384	117	377	1,421	1,709
Staff expenses	-0	-0	-0	-0	-0
EBITDA	14,384	-323	-6,230	-1,212	1,709
Depreciation & amort.	-0	-0	-216	-1,677	-1,830
EBIT	14,384	-323	-6,446	-2,888	-121
Net financials	-66	-72	-13	-2,383	-2,241
Profit before tax	14,318	-396	-6,433	-5,271	-2,362
Tax	-0	-0	-0	-0	-0
Net profit	14,318	-396	-6,433	-5,271	-2,362

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Balance sheet

DKK thousands

Item	2021	2020	2019	2018	2017
Total assets	84	3,125	8,466	31,023	34,315
Equity	44	-14,274	-13,879	-7,446	-2,175
Long-term debt	0	0	2,142	2,234	2,327
Short-term debt	40	17,400	20,203	36,235	34,163
Total debt	40	17,400	22,345	38,469	36,490

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20172021

Equity ratio

52.4 %

Average

Around the average of companies in the same industry

20172021

Return on equity

>999 %

Very strong

Among the 10% highest rated companies in the industry

20172021

Net profit margin (of gross profit)

99.5 %

20172021

Asset turnover (of gross profit)

171.02×

20172021

Debt / equity

0.91×

Weak

Among the 40% lowest rated companies in the industry

20172021

Sector performance

21 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 10% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioAverage

Around the average of companies in the same industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 30% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 30% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 40% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 40% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 10% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalWeak

Among the 30% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in debtVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

Annual reports & filings

Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (5)


KW Kim Wiis Rulle Management	Management	2015 – 2022
BS Brian Strøm Petersen Chief Executive Officer	Chief Executive Officer	2012 – 2013
PH Peter Huuse Sørensen Management	Management	2002 – 2003
LM Lars Møgelvang Hansen Liquidator	Liquidator	2022 – 2022
SF Søren Frandsen Management	Management	2013 – 2015

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Kim Wiis Rulle	Individual	100%	100%	2015

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of PROJEKT DEVELOPING ApS also hold positions in 22 other companies.

Person	Role here	Other companies
Lars Møgelvang Hansen	Liquidator	13 companiesMany roles
Kim Wiis Rulle	Management	4 companies
Søren Frandsen	Management	3 companies
Brian Strøm Petersen	Chief Executive Officer	1 company
Peter Huuse Sørensen	Management	1 company

Frequently asked questions

What is the CVR number of PROJEKT DEVELOPING ApS?

PROJEKT DEVELOPING ApS is registered with CVR / Virk under CVR 10107229.

What is the gross profit of PROJEKT DEVELOPING ApS?

PROJEKT DEVELOPING ApS reported a gross profit of DKK 14.4m in 2021.

Where is PROJEKT DEVELOPING ApS headquartered?

PROJEKT DEVELOPING ApS's registered address is Fanøvej 7.