GOLFANLÆGGET STORSTRØMMEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 443.75 | 486.16 | 489.92 | 359.54 | 565.12 |
Gross profit | 394.80 | 442.95 | 437.20 | 301.06 | 523.14 |
EBIT | 283.12 | 331.27 | 325.52 | 189.38 | 411.46 |
Net earnings | 31.93 | 68.97 | 92.05 | 61.34 | 94.01 |
Shareholders equity total | 4 493.49 | 4 739.83 | 5 007.26 | 5 028.60 | 4 910.60 |
Balance sheet total (assets) | 11 608.93 | 11 620.98 | 11 641.48 | 11 319.30 | 10 942.06 |
Net debt | 5 840.91 | 5 587.89 | 5 268.21 | 5 230.27 | 5 119.82 |
Profitability | |||||
EBIT-% | 63.8 % | 68.1 % | 66.4 % | 52.7 % | 72.8 % |
ROA | 2.4 % | 2.9 % | 2.8 % | 1.6 % | 3.7 % |
ROE | 0.7 % | 1.5 % | 1.9 % | 1.2 % | 1.9 % |
ROI | 2.4 % | 2.9 % | 2.8 % | 1.7 % | 3.7 % |
Economic value added (EVA) | - 308.04 | - 261.33 | - 261.99 | - 350.14 | - 180.87 |
Solvency | |||||
Equity ratio | 38.7 % | 40.8 % | 43.0 % | 44.4 % | 44.9 % |
Gearing | 148.8 % | 138.4 % | 127.2 % | 119.6 % | 117.0 % |
Relative net indebtedness % | 1381.1 % | 1176.0 % | 1079.9 % | 1460.3 % | 908.9 % |
Liquidity | |||||
Quick ratio | 5.3 | 3.7 | 2.8 | 3.0 | 2.2 |
Current ratio | 5.3 | 3.7 | 2.8 | 3.0 | 2.2 |
Cash and cash equivalents | 846.24 | 969.97 | 1 102.14 | 785.42 | 626.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 154.7 % | 146.2 % | 145.3 % | 164.3 % | 61.1 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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