GOLFANLÆGGET STORSTRØMMEN A/S — Credit Rating and Financial Key Figures

CVR number: 16055441
Kringelborg Alle 9, 4800 Nykøbing F

Company information

Official name
GOLFANLÆGGET STORSTRØMMEN A/S
Established
1992
Company form
Limited company
Industry

About GOLFANLÆGGET STORSTRØMMEN A/S

GOLFANLÆGGET STORSTRØMMEN A/S (CVR number: 16055441) is a company from GULDBORGSUND. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 57.2 % compared to the previous year. The operating profit percentage was at 72.8 % (EBIT: 0.4 mDKK), while net earnings were 94 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 44.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GOLFANLÆGGET STORSTRØMMEN A/S's liquidity measured by quick ratio was 2.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales443.75486.16489.92359.54565.12
Gross profit394.80442.95437.20301.06523.14
EBIT283.12331.27325.52189.38411.46
Net earnings31.9368.9792.0561.3494.01
Shareholders equity total4 493.494 739.835 007.265 028.604 910.60
Balance sheet total (assets)11 608.9311 620.9811 641.4811 319.3010 942.06
Net debt5 840.915 587.895 268.215 230.275 119.82
Profitability
EBIT-%63.8 %68.1 %66.4 %52.7 %72.8 %
ROA2.4 %2.9 %2.8 %1.6 %3.7 %
ROE0.7 %1.5 %1.9 %1.2 %1.9 %
ROI2.4 %2.9 %2.8 %1.7 %3.7 %
Economic value added (EVA)- 308.04- 261.33- 261.99- 350.14- 180.87
Solvency
Equity ratio38.7 %40.8 %43.0 %44.4 %44.9 %
Gearing148.8 %138.4 %127.2 %119.6 %117.0 %
Relative net indebtedness %1381.1 %1176.0 %1079.9 %1460.3 %908.9 %
Liquidity
Quick ratio5.33.72.83.02.2
Current ratio5.33.72.83.02.2
Cash and cash equivalents846.24969.971 102.14785.42626.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %154.7 %146.2 %145.3 %164.3 %61.1 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.73%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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