GOLF TEAM KORSØR ApS — Credit Rating and Financial Key Figures

CVR number: 31048788
Ørnumvej 8, 4220 Korsør

Company information

Official name
GOLF TEAM KORSØR ApS
Established
2007
Company form
Private limited company
Industry

About GOLF TEAM KORSØR ApS

GOLF TEAM KORSØR ApS (CVR number: 31048788) is a company from SLAGELSE. The company recorded a gross profit of 8.8 kDKK in 2017. The operating profit was 8.8 kDKK, while net earnings were 8.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -37.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GOLF TEAM KORSØR ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit67.388.82
EBIT67.388.82
Net earnings67.468.71
Shareholders equity total-71.55-62.84
Balance sheet total (assets)136.99106.51
Net debt- 121.64-94.86
Profitability
EBIT-%
ROA32.4 %4.7 %
ROE49.2 %7.2 %
ROI
Economic value added (EVA)67.3818.52
Solvency
Equity ratio-39.0 %-37.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.70.6
Current ratio0.70.6
Cash and cash equivalents121.6494.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:4.71%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-37.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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