GOLF DESIGN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GOLF DESIGN ApS
GOLF DESIGN ApS (CVR number: 29307830) is a company from SKIVE. The company recorded a gross profit of 327.8 kDKK in 2024. The operating profit was -51.2 kDKK, while net earnings were -52 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.4 %, 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 DESIGN ApS's liquidity measured by quick ratio was 1.3 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 | 445.35 | 555.92 | 386.68 | 153.09 | 327.83 |
| EBIT | 148.84 | 76.20 | -56.35 | -12.71 | -51.19 |
| Net earnings | 113.15 | 55.39 | -48.64 | -11.99 | -52.04 |
| Shareholders equity total | 673.17 | 728.56 | 679.92 | 667.92 | 615.89 |
| Balance sheet total (assets) | 1 231.00 | 1 380.78 | 923.87 | 824.08 | 927.70 |
| Net debt | - 672.86 | - 660.31 | - 279.87 | - 244.49 | - 346.91 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.2 % | 5.9 % | -4.9 % | -1.5 % | -5.8 % |
| ROE | 18.4 % | 7.9 % | -6.9 % | -1.8 % | -8.1 % |
| ROI | 24.0 % | 10.7 % | -7.9 % | -1.9 % | -8.0 % |
| Economic value added (EVA) | 87.61 | 24.83 | -81.94 | -44.38 | -83.49 |
| Solvency | |||||
| Equity ratio | 54.7 % | 52.8 % | 73.6 % | 81.1 % | 66.4 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.1 | 1.2 | 1.7 | 1.3 |
| Current ratio | 2.0 | 1.8 | 3.0 | 4.2 | 2.6 |
| Cash and cash equivalents | 672.86 | 660.31 | 279.87 | 244.49 | 346.91 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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