FONDEN MADE IN DENMARK GOLF — Credit Rating and Financial Key Figures

CVR number: 35526854
Lars Larsens Vej 1, Gatten 9640 Farsø

Company information

Official name
FONDEN MADE IN DENMARK GOLF
Personnel
1 person
Established
2013
Domicile
Gatten
Industry

About FONDEN MADE IN DENMARK GOLF

FONDEN MADE IN DENMARK GOLF (CVR number: 35526854) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 11.8 kDKK in 2024. The operating profit was 11.8 kDKK, while net earnings were 190.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN MADE IN DENMARK GOLF's liquidity measured by quick ratio was 87.4 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 profit- 605.361 425.861 134.301 408.5911.84
EBIT-1 398.31487.62388.01-4.5711.84
Net earnings-1 510.17373.84340.14116.24190.63
Shareholders equity total2 002.342 376.182 716.332 832.563 023.19
Balance sheet total (assets)14 295.6215 678.8319 419.3518 782.593 058.19
Net debt-9 112.68-10 634.53-3 432.17-4 638.91-3 021.73
Profitability
EBIT-%
ROA-7.7 %3.3 %2.4 %1.1 %1.8 %
ROE-54.8 %17.1 %13.4 %4.2 %6.5 %
ROI-10.2 %6.3 %16.2 %7.9 %6.8 %
Economic value added (EVA)-1 382.25844.91802.9931.40102.60
Solvency
Equity ratio14.0 %15.2 %14.0 %15.1 %98.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio10.81.21.21.287.4
Current ratio10.91.21.21.287.4
Cash and cash equivalents9 112.6810 634.533 432.174 638.913 021.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:1.83%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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