Starup Wood Holding ApS — Credit Rating and Financial Key Figures

Starup Wood Holding ApS (CVR number: 37349488) is a company from VARDE. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 290 % compared to the previous year. The operating profit percentage was at 99.4 % (EBIT: 1.1 mDKK), while net earnings were 1131.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 23.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Starup Wood Holding ApS's liquidity measured by quick ratio was 6 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.