GOLF HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 27461603
Center Boulevard 4, 2300 København S

Company information

Official name
GOLF HOLDING A/S
Personnel
1 person
Established
2003
Company form
Limited company
Industry

About GOLF HOLDING A/S

GOLF HOLDING A/S (CVR number: 27461603) is a company from KØBENHAVN. The company recorded a gross profit of 2151.3 kDKK in 2024. The operating profit was -235.2 kDKK, while net earnings were 611.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GOLF HOLDING A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 276.742 343.882 059.771 978.942 151.35
EBIT-2 090.16624.39548.38457.35- 235.18
Net earnings- 896.08770.81-4 936.421 622.38611.77
Shareholders equity total17 352.8518 123.6613 187.2414 809.6215 421.39
Balance sheet total (assets)20 736.8120 128.7813 973.9815 613.4620 056.75
Net debt1 969.83558.81- 312.29- 227.19-1 007.14
Profitability
EBIT-%
ROA-5.0 %4.9 %-28.0 %11.7 %3.6 %
ROE-5.0 %4.3 %-31.5 %11.6 %4.0 %
ROI-5.1 %5.1 %-29.7 %12.4 %3.8 %
Economic value added (EVA)-2 874.56- 522.59- 529.18- 308.58- 935.53
Solvency
Equity ratio83.7 %90.0 %94.4 %94.9 %76.9 %
Gearing15.5 %4.8 %26.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.51.21.21.4
Current ratio0.40.51.21.21.4
Cash and cash equivalents724.68313.20312.29227.195 047.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:3.61%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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