Starjet Aps — Credit Rating and Financial Key Figures

CVR number: 39955032
Grenåvej 26, 8960 Randers SØ
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Credit rating

Company information

Official name
Starjet Aps
Established
2018
Company form
Private limited company
Industry

About Starjet Aps

Starjet Aps (CVR number: 39955032) is a company from RANDERS. The company recorded a gross profit of 654.9 kDKK in 2024. The operating profit was 586.9 kDKK, while net earnings were -186.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Starjet Aps's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit129.59108.69139.703 638.50654.92
EBIT129.59101.5347.023 525.43586.85
Net earnings94.5231.13- 258.092 829.28- 186.92
Shareholders equity total140.32171.453 913.376 742.646 555.73
Balance sheet total (assets)923.193 956.2325 215.9128 620.0436 917.65
Net debt594.043 393.9120 874.8819 828.6427 229.42
Profitability
EBIT-%
ROA16.9 %4.8 %0.3 %16.0 %3.8 %
ROE101.6 %20.0 %-12.6 %53.1 %-2.8 %
ROI18.3 %4.9 %0.3 %16.5 %3.9 %
Economic value added (EVA)64.7235.25- 160.621 484.91- 898.67
Solvency
Equity ratio15.2 %4.3 %15.5 %23.6 %17.8 %
Gearing523.7 %2192.5 %534.4 %294.2 %415.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.20.00.00.1
Current ratio1.10.21.01.21.3
Cash and cash equivalents140.75365.2437.647.675.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.76%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.8%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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