STARZEN EUROPE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About STARZEN EUROPE ApS
STARZEN EUROPE ApS (CVR number: 32270719) is a company from AARHUS. The company recorded a gross profit of 3123.5 kDKK in 2023. The operating profit was -433.4 kDKK, while net earnings were -1197.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -8.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.8 %, 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. STARZEN EUROPE ApS's liquidity measured by quick ratio was 2 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 | 8 402.98 | 4 689.75 | 5 267.05 | 4 652.92 | 3 123.50 |
EBIT | 6 277.07 | 2 450.40 | 3 220.83 | 1 431.85 | - 433.36 |
Net earnings | 5 394.28 | 1 428.43 | 2 393.04 | 471.25 | -1 197.84 |
Shareholders equity total | 16 962.20 | 14 390.63 | 15 783.67 | 14 354.92 | 13 157.08 |
Balance sheet total (assets) | 31 862.01 | 30 758.57 | 33 418.08 | 49 727.30 | 26 460.47 |
Net debt | -8 579.54 | -13 224.89 | -23 727.14 | -11 687.61 | -13 550.72 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.8 % | 7.8 % | 10.0 % | 3.4 % | -1.1 % |
ROE | 32.2 % | 9.1 % | 15.9 % | 3.1 % | -8.7 % |
ROI | 41.5 % | 15.6 % | 21.3 % | 9.5 % | -3.1 % |
Economic value added (EVA) | 4 304.55 | 1 490.11 | 2 453.13 | 1 512.93 | - 471.37 |
Solvency | |||||
Equity ratio | 53.2 % | 46.8 % | 47.2 % | 28.9 % | 49.8 % |
Gearing | 0.0 % | 0.1 % | 0.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 1.9 | 1.9 | 1.4 | 2.0 |
Current ratio | 2.1 | 1.9 | 1.9 | 1.4 | 2.0 |
Cash and cash equivalents | 8 579.54 | 13 224.89 | 23 727.94 | 11 701.27 | 13 564.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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