MAGNUS LANDSTRÖM GOLFACADEMY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAGNUS LANDSTRÖM GOLFACADEMY ApS
MAGNUS LANDSTRÖM GOLFACADEMY ApS (CVR number: 29776776) is a company from HELSINGØR. The company recorded a gross profit of 2069.8 kDKK in 2023. The operating profit was 4 kDKK, while net earnings were 116 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MAGNUS LANDSTRÖM GOLFACADEMY ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 428.42 | 3 013.48 | 2 889.89 | 2 426.69 | 2 069.83 |
EBIT | 210.74 | 789.09 | 265.49 | 174.60 | 4.03 |
Net earnings | 219.42 | 642.65 | 313.55 | 254.45 | 115.98 |
Shareholders equity total | 248.09 | 890.74 | 1 091.29 | 1 231.33 | 1 229.52 |
Balance sheet total (assets) | 1 548.04 | 2 899.35 | 3 029.41 | 2 484.59 | 2 126.54 |
Net debt | 955.94 | - 666.98 | - 991.38 | 955.06 | -95.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.9 % | 38.1 % | 13.2 % | 11.6 % | 6.4 % |
ROE | 158.6 % | 112.9 % | 31.6 % | 21.9 % | 9.4 % |
ROI | 27.6 % | 67.3 % | 32.4 % | 18.8 % | 7.5 % |
Economic value added (EVA) | 178.06 | 618.59 | 235.23 | 165.19 | -6.39 |
Solvency | |||||
Equity ratio | 16.0 % | 30.7 % | 36.0 % | 49.6 % | 57.8 % |
Gearing | 394.1 % | 38.9 % | 84.1 % | 35.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.6 | 0.7 | 0.1 | 0.8 |
Current ratio | 0.6 | 1.1 | 1.3 | 1.5 | 1.8 |
Cash and cash equivalents | 21.89 | 1 013.44 | 991.38 | 80.90 | 532.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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