STARLING AIRPORT SERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 21755036
Flyvervej 35, Tåsinge 5700 Svendborg
tel: 62542294

Credit rating

Company information

Official name
STARLING AIRPORT SERVICE ApS
Established
1999
Domicile
Tåsinge
Company form
Private limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About STARLING AIRPORT SERVICE ApS

STARLING AIRPORT SERVICE ApS (CVR number: 21755036) is a company from SVENDBORG. The company recorded a gross profit of 36.1 kDKK in 2023. The operating profit was 17.4 kDKK, while net earnings were 12 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 48.1 %, 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. STARLING AIRPORT SERVICE ApS's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit26.8688.4142.810.1336.10
EBIT26.0469.5224.07-18.6217.35
Net earnings14.2646.6013.78-20.8912.01
Shareholders equity total160.56207.16220.94200.06212.07
Balance sheet total (assets)545.92530.70509.82481.50440.88
Net debt86.8963.57102.60107.8373.29
Profitability
EBIT-%
ROA5.9 %12.9 %4.6 %-3.8 %4.0 %
ROE6.9 %25.3 %6.4 %-9.9 %5.8 %
ROI9.6 %22.7 %7.2 %-5.4 %5.5 %
Economic value added (EVA)16.7348.0110.89-26.378.28
Solvency
Equity ratio29.4 %42.3 %47.0 %41.5 %48.1 %
Gearing77.8 %56.4 %53.1 %76.3 %47.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.40.30.2
Current ratio0.10.30.30.30.2
Cash and cash equivalents38.0053.2814.7744.8727.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.98%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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