GOLF NETWORK DENMARK ApS

GOLF NETWORK DENMARK ApS (CVR number: 32567797) is a company from HORSENS. The company recorded a gross profit of 1104.1 kDKK in 2023. The operating profit was 198.3 kDKK, while net earnings were 142 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. GOLF NETWORK DENMARK ApS's liquidity measured by quick ratio was 0.1 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.