HALS GOLFBANE A/S — Credit Rating and Financial Key Figures

HALS GOLFBANE A/S (CVR number: 17373331) is a company from AALBORG. The company recorded a gross profit of 183 kDKK in 2023. The operating profit was 183 kDKK, while net earnings were 75.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HALS GOLFBANE A/S's liquidity measured by quick ratio was 0 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.