MIDTFYNS GOLFANLÆG A/S — Credit Rating and Financial Key Figures

CVR number: 29403481
Kaholehaven 6, Bolteskov 5750 Ringe
cp@pernicolajsen.dk
tel: 61550649

Credit rating

Company information

Official name
MIDTFYNS GOLFANLÆG A/S
Established
2006
Domicile
Bolteskov
Company form
Limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About MIDTFYNS GOLFANLÆG A/S

MIDTFYNS GOLFANLÆG A/S (CVR number: 29403481) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 358.7 kDKK in 2023. The operating profit was 312 kDKK, while net earnings were 212.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIDTFYNS GOLFANLÆG A/S's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit190.42133.1580.20344.80358.71
EBIT148.2090.9335.28299.63312.03
Net earnings100.4249.63-13.46228.74212.93
Shareholders equity total2 691.802 741.432 727.972 956.713 169.64
Balance sheet total (assets)3 655.733 627.293 849.833 718.113 708.53
Net debt313.91252.89237.70157.19-82.54
Profitability
EBIT-%
ROA4.2 %2.5 %0.9 %7.9 %8.4 %
ROE3.8 %1.8 %-0.5 %8.0 %7.0 %
ROI4.3 %2.6 %1.1 %9.2 %9.2 %
Economic value added (EVA)-24.52-75.52- 112.7198.6968.64
Solvency
Equity ratio73.6 %75.6 %70.9 %79.5 %85.5 %
Gearing11.7 %9.2 %8.7 %5.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.20.42.3
Current ratio0.10.20.20.42.3
Cash and cash equivalents82.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:8.40%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.5%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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