ROYAL GOLF CENTER - REAL ESTATE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ROYAL GOLF CENTER - REAL ESTATE A/S
ROYAL GOLF CENTER - REAL ESTATE A/S (CVR number: 67198417) is a company from KØBENHAVN. The company recorded a gross profit of -1751 kDKK in 2024. The operating profit was -1751 kDKK, while net earnings were -1337.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -83.6 %, which can be considered poor and Return on Equity (ROE) was -82.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.2 %, 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. ROYAL GOLF CENTER - REAL ESTATE A/S's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 508.26 | - 368.82 | - 273.00 | - 719.75 | -1 751.04 |
| EBIT | - 508.26 | - 368.82 | -1 773.00 | - 900.58 | -1 751.04 |
| Net earnings | 454.51 | 562.61 | -1 748.27 | - 624.69 | -1 337.90 |
| Shareholders equity total | 4 865.81 | 5 428.41 | 2 120.01 | 1 495.31 | 1 757.41 |
| Balance sheet total (assets) | 5 084.62 | 5 591.93 | 2 159.20 | 1 938.64 | 2 247.20 |
| Net debt | -28.77 | - 110.48 | - 659.20 | 175.08 | 451.39 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -10.4 % | -6.4 % | -45.1 % | -43.9 % | -83.6 % |
| ROE | 9.8 % | 10.9 % | -46.3 % | -34.6 % | -82.3 % |
| ROI | -10.7 % | -6.6 % | -46.3 % | -46.8 % | -88.9 % |
| Economic value added (EVA) | - 580.63 | - 504.92 | -2 040.23 | - 699.39 | -1 392.94 |
| Solvency | |||||
| Equity ratio | 95.7 % | 97.1 % | 98.2 % | 77.1 % | 78.2 % |
| Gearing | 15.0 % | 26.0 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 9.5 | 15.9 | 16.8 | 1.0 | 1.5 |
| Current ratio | 9.5 | 15.9 | 16.8 | 1.0 | 1.5 |
| Cash and cash equivalents | 28.77 | 110.48 | 659.20 | 49.92 | 5.40 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BB | BB |
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