SMØRUM GOLFCENTER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SMØRUM GOLFCENTER A/S
SMØRUM GOLFCENTER A/S (CVR number: 46445414) is a company from GENTOFTE. The company recorded a gross profit of -22.9 kDKK in 2018. The operating profit was -22.9 kDKK, while net earnings were -2.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SMØRUM GOLFCENTER A/S's liquidity measured by quick ratio was 40 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -24.14 | -33.31 | -22.85 |
| EBIT | -24.14 | -33.31 | -22.85 |
| Net earnings | 67.91 | 24.73 | -2.30 |
| Shareholders equity total | 988.32 | 781.55 | 779.26 |
| Balance sheet total (assets) | 1 627.46 | 801.55 | 799.26 |
| Net debt | 308.32 | - 207.65 | - 165.73 |
| Profitability | |||
| EBIT-% | |||
| ROA | 5.3 % | 2.2 % | -0.3 % |
| ROE | 6.9 % | 2.8 % | -0.3 % |
| ROI | 5.5 % | 2.3 % | -0.3 % |
| Economic value added (EVA) | -24.14 | -68.83 | -51.69 |
| Solvency | |||
| Equity ratio | 60.7 % | 97.5 % | 97.5 % |
| Gearing | 59.7 % | ||
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.8 | 20.5 | 40.0 |
| Current ratio | 0.8 | 20.5 | 40.0 |
| Cash and cash equivalents | 281.55 | 207.65 | 165.73 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BBB | B |
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