STAR PRODUCTS OF DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 15609346
Løgten Østervej 114, 8541 Skødstrup
info@starproducts.dk
tel: 86993940

Credit rating

Company information

Official name
STAR PRODUCTS OF DENMARK A/S
Established
1991
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About STAR PRODUCTS OF DENMARK A/S

STAR PRODUCTS OF DENMARK A/S (CVR number: 15609346) is a company from AARHUS. The company recorded a gross profit of 307 kDKK in 2023. The operating profit was 307 kDKK, while net earnings were 235.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.9 %, which can be considered excellent and Return on Equity (ROE) was 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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. STAR PRODUCTS OF DENMARK A/S's liquidity measured by quick ratio was 3.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit577.011 228.08522.30655.38307.04
EBIT280.131 054.21516.81655.38307.04
Net earnings205.49814.45392.14510.36235.60
Shareholders equity total775.921 479.771 071.911 082.26817.87
Balance sheet total (assets)1 183.102 365.221 717.811 386.501 188.14
Net debt-2.79-1 350.08-1 343.97-1 229.72- 991.03
Profitability
EBIT-%
ROA22.2 %59.6 %25.9 %42.4 %23.9 %
ROE28.3 %72.2 %30.7 %47.4 %24.8 %
ROI27.5 %75.7 %37.7 %60.8 %30.1 %
Economic value added (EVA)203.14796.10399.45524.64245.68
Solvency
Equity ratio65.6 %62.6 %62.4 %78.1 %68.8 %
Gearing35.3 %16.8 %0.2 %0.5 %16.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.33.73.38.73.9
Current ratio1.53.73.38.73.9
Cash and cash equivalents276.881 599.371 345.641 235.301 124.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBB

Variable visualization

ROA:23.9%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.8%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

Build time: 2025-02-10T13:58:57.276Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.