Jonas Golf ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Jonas Golf ApS
Jonas Golf ApS (CVR number: 40006192) is a company from KØGE. The company recorded a gross profit of -34.7 kDKK in 2023. The operating profit was -42.9 kDKK, while net earnings were -43.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.9 %, which can be considered poor and Return on Equity (ROE) was -22.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Jonas Golf ApS's liquidity measured by quick ratio was 0.6 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 financials| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 582.56 | 654.75 | 428.70 | 353.41 | -34.75 | 
| EBIT | 26.07 | 33.13 | -96.70 | 25.14 | -42.90 | 
| Net earnings | 18.66 | 22.51 | -99.96 | 21.99 | -43.32 | 
| Shareholders equity total | 18.66 | 41.17 | -58.79 | -36.80 | -80.12 | 
| Balance sheet total (assets) | 589.97 | 1 240.90 | 710.65 | 259.91 | 131.02 | 
| Net debt | 168.05 | -31.18 | 384.69 | 135.45 | 80.76 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.4 % | 3.6 % | -9.6 % | 4.7 % | -16.9 % | 
| ROE | 100.0 % | 75.3 % | -26.6 % | 4.5 % | -22.2 % | 
| ROI | 10.8 % | 8.1 % | -17.4 % | 6.8 % | -21.4 % | 
| Economic value added (EVA) | 19.61 | 26.60 | -68.72 | 36.71 | -37.25 | 
| Solvency | |||||
| Equity ratio | 3.2 % | 3.3 % | -7.6 % | -12.4 % | -37.9 % | 
| Gearing | 1197.8 % | 1276.1 % | -930.1 % | -538.3 % | -253.2 % | 
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.2 | 0.6 | 0.9 | 0.8 | 0.6 | 
| Current ratio | 1.0 | 1.0 | 0.9 | 0.8 | 0.6 | 
| Cash and cash equivalents | 55.45 | 556.58 | 162.13 | 62.65 | 122.07 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BB | BB | 
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