GOLFTEETIMES ApS — Credit Rating and Financial Key Figures

GOLFTEETIMES ApS (CVR number: 32150241) is a company from ASSENS. The company recorded a gross profit of 42.7 kDKK in 2017. The operating profit was 42.7 kDKK, while net earnings were 42.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 115.1 %, which can be considered excellent and Return on Equity (ROE) was 269.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GOLFTEETIMES ApS'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.