WEST-STAR ITALY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WEST-STAR ITALY A/S
WEST-STAR ITALY A/S (CVR number: 32655904) is a company from ODENSE. The company recorded a gross profit of 99 kDKK in 2023. The operating profit was -854.6 kDKK, while net earnings were 56.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WEST-STAR ITALY A/S's liquidity measured by quick ratio was 128.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 889.89 | 17.99 | 51.08 | 281.20 | 99.02 |
EBIT | -1 159.63 | - 251.75 | - 218.66 | -5 681.82 | - 854.65 |
Net earnings | - 382.15 | 504.62 | - 265.69 | -3 685.88 | 56.33 |
Shareholders equity total | 81 637.07 | 82 141.70 | 87 526.48 | 83 840.60 | 106 181.63 |
Balance sheet total (assets) | 89 913.60 | 93 788.82 | 95 276.00 | 92 160.54 | 106 891.39 |
Net debt | 7 852.12 | 11 299.51 | 7 611.25 | 7 554.76 | - 399.95 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | 0.8 % | 0.5 % | -5.3 % | 1.1 % |
ROE | -0.5 % | 0.6 % | -0.3 % | -4.3 % | 0.1 % |
ROI | -0.1 % | 0.8 % | 0.5 % | -5.3 % | 1.2 % |
Economic value added (EVA) | -5 340.10 | -4 678.12 | -4 927.96 | -8 714.71 | -5 222.28 |
Solvency | |||||
Equity ratio | 90.8 % | 87.6 % | 91.9 % | 91.0 % | 99.3 % |
Gearing | 9.8 % | 13.9 % | 8.8 % | 9.6 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.7 | 6.5 | 9.4 | 9.1 | 128.9 |
Current ratio | 8.7 | 6.5 | 9.4 | 9.1 | 128.9 |
Cash and cash equivalents | 150.54 | 107.91 | 57.23 | 454.98 | 400.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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