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REE GOLF A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About REE GOLF A/S
REE GOLF A/S (CVR number: 24209156) is a company from RØDOVRE. The company recorded a gross profit of 708.3 kDKK in 2025. The operating profit was -557.3 kDKK, while net earnings were -498.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. REE GOLF A/S's liquidity measured by quick ratio was 4.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 741.68 | 1 056.46 | 325.65 | 523.88 | 708.28 |
| EBIT | - 348.91 | - 126.81 | - 859.75 | - 689.12 | - 557.27 |
| Net earnings | - 205.18 | -60.76 | -2 103.45 | - 642.28 | - 498.63 |
| Shareholders equity total | 19 276.52 | 22 169.58 | 20 066.13 | 19 423.85 | 18 925.22 |
| Balance sheet total (assets) | 22 678.65 | 22 391.99 | 20 332.52 | 19 625.23 | 19 245.11 |
| Net debt | 2 731.76 | -22.45 | -56.20 | -26.80 | -42.07 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.5 % | -0.6 % | -3.9 % | -3.2 % | -2.6 % |
| ROE | -1.1 % | -0.3 % | -10.0 % | -3.3 % | -2.6 % |
| ROI | -1.6 % | -0.6 % | -3.9 % | -3.3 % | -2.6 % |
| Economic value added (EVA) | -1 384.24 | -1 196.82 | -1 724.44 | -1 697.45 | -1 533.32 |
| Solvency | |||||
| Equity ratio | 85.0 % | 99.0 % | 98.8 % | 99.0 % | 98.3 % |
| Gearing | 14.3 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.4 | 7.5 | 3.0 | 4.4 | 4.9 |
| Current ratio | 0.4 | 7.5 | 2.8 | 4.4 | 4.9 |
| Cash and cash equivalents | 17.29 | 22.45 | 56.20 | 26.80 | 42.07 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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