MORSØ GOLFBANE A/S

CVR number: 30606299
Nygade 4, 7900 Nykøbing M
hdl@advokathuset.dk
tel: 97720001

Credit rating

Company information

Official name
MORSØ GOLFBANE A/S
Established
2007
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About MORSØ GOLFBANE A/S

MORSØ GOLFBANE A/S (CVR number: 30606299) is a company from MORSØ. The company reported a net sales of 0.5 mDKK in 2020, demonstrating a decline of -54.5 % compared to the previous year. The operating profit percentage was at 29 % (EBIT: 0.1 mDKK), while net earnings were -35.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. 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. MORSØ GOLFBANE 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017201820192020
Volume
Net sales1 300.001 300.001 100.001 100.00500.00
Gross profit1 038.021 065.04990.05887.79471.10
EBIT318.66477.74722.66445.03144.94
Net earnings- 122.237.59214.9329.57-35.70
Shareholders equity total4 573.664 581.254 796.184 825.754 790.05
Balance sheet total (assets)16 581.8116 125.5715 868.9115 428.974 790.05
Net debt11 955.0211 434.4810 981.2310 325.53
Profitability
EBIT-%24.5 %36.7 %65.7 %40.5 %29.0 %
ROA1.9 %2.9 %4.5 %2.8 %1.4 %
ROE-2.7 %0.2 %4.6 %0.6 %-0.7 %
ROI1.9 %2.9 %4.5 %2.9 %1.4 %
Economic value added (EVA)237.17- 381.84- 213.99- 411.21- 636.34
Solvency
Equity ratio27.6 %28.4 %30.2 %31.3 %100.0 %
Gearing261.4 %249.6 %229.0 %214.0 %
Relative net indebtedness %923.1 %887.3 %1000.1 %956.4 %
Liquidity
Quick ratio0.00.0
Current ratio0.00.0
Cash and cash equivalents2.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-51.6 %-54.6 %-64.9 %-57.5 %958.0 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:1.43%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.