SAFETY STAR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SAFETY STAR A/S
SAFETY STAR A/S (CVR number: 28330154) is a company from HØRSHOLM. The company recorded a gross profit of -436.9 kDKK in 2023. The operating profit was -436.9 kDKK, while net earnings were 13.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SAFETY STAR A/S's liquidity measured by quick ratio was 7.4 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 | - 536.65 | - 391.13 | - 841.87 | - 953.33 | - 436.94 |
EBIT | - 536.65 | - 391.13 | - 841.87 | - 953.33 | - 436.94 |
Net earnings | 8 490.73 | 83 259.96 | 12 983.60 | -20 563.20 | 13 646.01 |
Shareholders equity total | 54 537.96 | 137 797.92 | 150 781.52 | 130 218.32 | 143 864.33 |
Balance sheet total (assets) | 90 033.49 | 163 081.94 | 173 449.30 | 150 521.91 | 162 882.30 |
Net debt | 35 477.98 | -94 811.54 | - 130 049.37 | - 107 151.35 | - 121 877.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.6 % | 66.7 % | 10.7 % | 0.9 % | 19.5 % |
ROE | 16.9 % | 86.6 % | 9.0 % | -14.6 % | 10.0 % |
ROI | 11.1 % | 66.8 % | 10.8 % | 2.0 % | 20.7 % |
Economic value added (EVA) | 3 923.24 | 3 563.64 | - 455.74 | 182.77 | 577.26 |
Solvency | |||||
Equity ratio | 60.6 % | 84.5 % | 86.9 % | 86.5 % | 88.3 % |
Gearing | 65.1 % | 18.1 % | 13.4 % | 15.6 % | 13.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 5.6 | 6.6 | 6.3 | 7.4 |
Current ratio | 0.2 | 5.6 | 6.6 | 6.3 | 7.4 |
Cash and cash equivalents | 119 752.56 | 150 265.58 | 127 402.49 | 140 778.68 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | A | AA |
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