Nygaard Chad Golf IVS

Nygaard Chad Golf IVS (CVR number: 38476084) is a company from AARHUS. The company recorded a gross profit of 11.1 kDKK in 2018. The operating profit was 11.1 kDKK, while net earnings were -0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.4 %, which can be considered excellent but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.4 %, 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. Nygaard Chad Golf IVS'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.