GOLF HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 276.74 | 2 343.88 | 2 059.77 | 1 978.94 | 2 151.35 |
EBIT | -2 090.16 | 624.39 | 548.38 | 457.35 | - 235.18 |
Net earnings | - 896.08 | 770.81 | -4 936.42 | 1 622.38 | 611.77 |
Shareholders equity total | 17 352.85 | 18 123.66 | 13 187.24 | 14 809.62 | 15 421.39 |
Balance sheet total (assets) | 20 736.81 | 20 128.78 | 13 973.98 | 15 613.46 | 20 056.75 |
Net debt | 1 969.83 | 558.81 | - 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 ratio | 83.7 % | 90.0 % | 94.4 % | 94.9 % | 76.9 % |
Gearing | 15.5 % | 4.8 % | 26.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.5 | 1.2 | 1.2 | 1.4 |
Current ratio | 0.4 | 0.5 | 1.2 | 1.2 | 1.4 |
Cash and cash equivalents | 724.68 | 313.20 | 312.29 | 227.19 | 5 047.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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