Golf & machines Aps

Golf & machines Aps (CVR number: 29179794) is a company from VIBORG. The company recorded a gross profit of 1539.4 kDKK in 2023. The operating profit was 365.3 kDKK, while net earnings were 230.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Golf & machines Aps's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.