Nordic Golf Systems ApS — Credit Rating and Financial Key Figures

CVR number: 38395734
Havnegade 76, 5000 Odense C
Free credit report Annual report

Company information

Official name
Nordic Golf Systems ApS
Established
2017
Company form
Private limited company
Industry

About Nordic Golf Systems ApS

Nordic Golf Systems ApS (CVR number: 38395734) is a company from ODENSE. The company recorded a gross profit of 73.5 kDKK in 2024. The operating profit was 73.5 kDKK, while net earnings were 56 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Golf Systems ApS's liquidity measured by quick ratio was 15.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit122.00149.24139.30125.7573.49
EBIT122.00149.24139.30125.7573.49
Net earnings93.51113.10105.3295.4356.05
Shareholders equity total171.71204.81230.13245.57221.62
Balance sheet total (assets)262.59265.84306.97299.19236.80
Net debt- 237.70- 243.93- 287.26- 277.90- 214.36
Profitability
EBIT-%
ROA56.5 %56.5 %48.6 %41.5 %27.5 %
ROE60.3 %60.1 %48.4 %40.1 %24.0 %
ROI78.7 %79.3 %64.1 %52.9 %31.6 %
Economic value added (EVA)95.14118.48109.22100.3558.63
Solvency
Equity ratio70.0 %77.0 %75.0 %82.1 %93.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.64.44.05.615.6
Current ratio2.94.44.05.615.6
Cash and cash equivalents237.70243.93287.26277.90214.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:27.5%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.6%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

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