Credit rating
Company information
About GOLF & FASHION S.M.B.A.
GOLF & FASHION S.M.B.A. (CVR number: 32144225) is a company from RUDERSDAL. The company reported a net sales of 1.7 mDKK in 2017, demonstrating a growth of 10.2 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 0 mDKK), while net earnings were 32.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. GOLF & FASHION S.M.B.A.'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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | 1 573.26 | 1 733.47 |
Gross profit | 612.27 | 255.96 |
EBIT | 394.65 | 41.32 |
Net earnings | 366.15 | 32.12 |
Shareholders equity total | 700.58 | 771.20 |
Balance sheet total (assets) | 1 461.73 | 1 434.78 |
Net debt | -33.30 | -73.97 |
Profitability | ||
EBIT-% | 25.1 % | 2.4 % |
ROA | 27.0 % | 2.9 % |
ROE | 52.3 % | 4.4 % |
ROI | 56.3 % | 5.6 % |
Economic value added (EVA) | 366.17 | -1.38 |
Solvency | ||
Equity ratio | 47.9 % | 53.8 % |
Gearing | ||
Relative net indebtedness % | 46.3 % | 34.0 % |
Liquidity | ||
Quick ratio | 0.0 | 0.1 |
Current ratio | 1.7 | 2.0 |
Cash and cash equivalents | 33.30 | 73.97 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | 35.0 % | 36.7 % |
Credit risk | ||
Credit rating | BB | BB |
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