GOLFPROMOTE ApS — Credit Rating and Financial Key Figures

CVR number: 27654177
Thorsvej 231, 7200 Grindsted
bogholderi@astrupdesign.dk
tel: 75212929

Credit rating

Company information

Official name
GOLFPROMOTE ApS
Personnel
8 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About GOLFPROMOTE ApS

GOLFPROMOTE ApS (CVR number: 27654177) is a company from BILLUND. The company recorded a gross profit of 3440.3 kDKK in 2023. The operating profit was 952.5 kDKK, while net earnings were 697.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.1 %, which can be considered excellent and Return on Equity (ROE) was 57.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.9 %, 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. GOLFPROMOTE 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 245.042 515.083 579.313 033.253 440.29
EBIT1 433.97899.741 304.31915.67952.47
Net earnings1 096.75676.29962.17733.95697.80
Shareholders equity total2 247.782 924.071 886.241 120.191 317.99
Balance sheet total (assets)3 844.024 367.594 006.992 490.523 772.98
Net debt-1 766.99- 805.52- 714.72- 776.89- 444.71
Profitability
EBIT-%
ROA32.6 %23.4 %32.7 %30.5 %33.1 %
ROE43.0 %26.2 %40.0 %48.8 %57.2 %
ROI52.1 %32.9 %53.1 %63.4 %80.3 %
Economic value added (EVA)1 056.73691.25921.13656.30675.35
Solvency
Equity ratio58.5 %66.9 %47.1 %45.0 %34.9 %
Gearing15.1 %7.5 %2.8 %5.7 %5.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.33.01.71.41.3
Current ratio2.33.01.71.51.3
Cash and cash equivalents2 107.071 025.16767.28840.83517.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:33.1%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.9%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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