Aabenraa Golfbane P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aabenraa Golfbane P/S
Aabenraa Golfbane P/S (CVR number: 36713224) is a company from AABENRAA. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 15.4 % compared to the previous year. The operating profit percentage was at 56.1 % (EBIT: 0.4 mDKK), while net earnings were 439.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Aabenraa Golfbane P/S's liquidity measured by quick ratio was 1.9 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 | 670.34 | 673.79 | 667.24 | 692.04 | 798.84 |
Gross profit | 428.70 | 470.39 | 438.84 | 511.15 | 602.39 |
EBIT | 249.10 | 290.80 | 259.25 | 356.56 | 447.79 |
Net earnings | 214.07 | 248.85 | 219.88 | 317.95 | 439.69 |
Shareholders equity total | 9 846.54 | 8 948.85 | 8 418.72 | 8 736.67 | 9 176.36 |
Balance sheet total (assets) | 10 747.31 | 9 789.69 | 9 276.32 | 9 628.02 | 10 091.33 |
Net debt | -1 586.56 | - 828.78 | - 553.40 | - 646.28 | -1 304.07 |
Profitability | |||||
EBIT-% | 37.2 % | 43.2 % | 38.9 % | 51.5 % | 56.1 % |
ROA | 2.4 % | 2.8 % | 2.7 % | 3.8 % | 4.8 % |
ROE | 2.2 % | 2.6 % | 2.5 % | 3.7 % | 4.9 % |
ROI | 2.6 % | 3.1 % | 3.0 % | 4.2 % | 5.3 % |
Economic value added (EVA) | - 175.92 | - 124.26 | - 148.78 | -38.67 | 41.25 |
Solvency | |||||
Equity ratio | 91.6 % | 91.4 % | 90.8 % | 90.7 % | 90.9 % |
Gearing | |||||
Relative net indebtedness % | -102.3 % | 1.8 % | 45.6 % | 35.4 % | -48.7 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.2 | 0.8 | 1.3 | 1.9 |
Current ratio | 2.0 | 1.2 | 0.8 | 1.3 | 1.9 |
Cash and cash equivalents | 1 586.56 | 828.78 | 553.40 | 646.28 | 1 304.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 129.0 % | 21.7 % | -30.6 % | 38.8 % | 108.0 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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