Shares

A little about the limited company

The limited company owns the buildings and the golf course – apart from holes 3-8, which the Golf Club has leased from the Municipality for the time being until 2054.

The company's primary purpose is to lease the buildings and the golf course to the Golf Club. The golf club currently pays an annual rent of DKK 540,000. The golf club covers all expenses connected with the operation of the buildings and the golf facility.

Buildings and golf facilities are financed with share capital and borrowing.

Key figures per 31.12.2022:

Total accounting value: DKK 10.4 million. Priority debt: DKK 6.0 million. DKK Share capital: DKK 6.1 million Liquid assets: DKK 0.8 million. DKK Equity: DKK 5.0 million Holding of own shares: 142 A shares of DKK 4,000 each = DKK 568,000.

New members no longer have to buy min. 1 A share to obtain the player.

When a member with share(s) opts out of the Golf Club, Aktieselskabet buys back the share(s) if that person so wishes.

In order to keep the share capital intact, the company regularly sells shares to new members who want to buy one or more shares, and to members who already have one or more shares who want to buy more shares.