PG GOLF A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PG GOLF A/S
PG GOLF A/S (CVR number: 12517513) is a company from HEDENSTED. The company recorded a gross profit of -136.5 kDKK in 2023. The operating profit was -146.5 kDKK, while net earnings were -30.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PG GOLF A/S's liquidity measured by quick ratio was 8.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -69.42 | -26.48 | -36.45 | 106.02 | - 136.46 |
EBIT | -85.22 | -43.95 | -52.23 | 97.67 | - 146.46 |
Net earnings | -96.79 | 60.41 | -54.66 | 33.34 | -30.81 |
Shareholders equity total | 1 223.13 | 1 283.54 | 1 228.87 | 1 262.22 | 1 121.68 |
Balance sheet total (assets) | 1 368.07 | 1 390.64 | 1 332.46 | 1 295.13 | 1 264.59 |
Net debt | -1 319.70 | -1 351.76 | -1 268.57 | -1 149.83 | -1 237.71 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.8 % | 6.1 % | 2.0 % | 7.5 % | -2.7 % |
ROE | -7.6 % | 4.8 % | -4.4 % | 2.7 % | -2.6 % |
ROI | -3.1 % | 6.7 % | 2.2 % | 7.9 % | -2.9 % |
Economic value added (EVA) | -69.77 | -28.98 | -38.06 | 71.19 | - 120.00 |
Solvency | |||||
Equity ratio | 89.4 % | 92.3 % | 92.2 % | 97.5 % | 88.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.4 | 13.0 | 12.9 | 39.8 | 8.8 |
Current ratio | 9.4 | 13.0 | 12.9 | 39.8 | 8.8 |
Cash and cash equivalents | 1 319.70 | 1 351.76 | 1 268.57 | 1 149.83 | 1 237.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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