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ASTARRI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASTARRI A/S
ASTARRI A/S (CVR number: 46481410) is a company from HORSENS. The company recorded a gross profit of 31.4 mDKK in 2025. The operating profit was -12.4 mDKK, while net earnings were -11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -14.8 %, which can be considered poor and Return on Equity (ROE) was -40.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ASTARRI A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 53 358.00 | 39 208.00 | 20 049.16 | 20 918.39 | 31 414.78 |
| EBIT | 9 897.00 | -12 462.00 | -26 303.80 | -22 936.53 | -12 411.92 |
| Net earnings | 7 163.00 | -10 908.00 | -21 546.27 | -19 359.11 | -11 114.40 |
| Shareholders equity total | 84 830.00 | 74 348.00 | 52 370.87 | 33 008.34 | 21 897.52 |
| Balance sheet total (assets) | 126 281.00 | 145 258.00 | 115 776.39 | 94 695.19 | 74 052.75 |
| Net debt | 44 464.62 | 32 036.58 | 40 158.30 | ||
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.3 % | -9.2 % | -20.1 % | -21.4 % | -14.8 % |
| ROE | 10.4 % | -13.7 % | -34.0 % | -45.3 % | -40.5 % |
| ROI | 10.3 % | -9.2 % | -21.4 % | -27.1 % | -19.4 % |
| Economic value added (EVA) | 6 632.65 | -16 724.71 | -24 136.97 | -22 937.92 | -13 099.65 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 47.0 % | 35.9 % | 30.4 % |
| Gearing | 90.3 % | 100.6 % | 186.2 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.7 | 0.6 | ||
| Current ratio | 1.7 | 1.4 | 1.4 | ||
| Cash and cash equivalents | 2 832.14 | 1 176.67 | 621.50 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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