Credit rating
Company information
About KR GOLF IVS
KR GOLF IVS (CVR number: 38344366) is a company from SILKEBORG. The company recorded a gross profit of 119.3 kDKK in 2019. The operating profit was -17.8 kDKK, while net earnings were -16.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.6 %, which can be considered poor and Return on Equity (ROE) was -23.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KR GOLF IVS's liquidity measured by quick ratio was 2.2 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 financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 112.51 | 109.02 | 119.32 |
EBIT | 43.34 | 27.28 | -17.80 |
Net earnings | 33.81 | 21.10 | -16.47 |
Shareholders equity total | 57.81 | 78.91 | 62.45 |
Balance sheet total (assets) | 81.63 | 108.75 | 82.58 |
Net debt | -52.88 | -43.91 | -15.36 |
Profitability | |||
EBIT-% | |||
ROA | 53.1 % | 28.7 % | -18.6 % |
ROE | 58.5 % | 30.9 % | -23.3 % |
ROI | 75.0 % | 39.4 % | -24.8 % |
Economic value added (EVA) | 33.81 | 20.85 | -18.10 |
Solvency | |||
Equity ratio | 70.8 % | 72.6 % | 75.6 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 3.4 | 2.2 | 2.2 |
Current ratio | 3.4 | 2.2 | 2.2 |
Cash and cash equivalents | 52.88 | 43.91 | 15.36 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | B | B |
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