VEJEN GOLFANLÆG A/S — Credit Rating and Financial Key Figures

VEJEN GOLFANLÆG A/S (CVR number: 16828599) is a company from VEJEN. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -65.2 % compared to the previous year. The operating profit percentage was at 54.9 % (EBIT: 0.2 mDKK), while net earnings were 22.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VEJEN GOLFANLÆG A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.