Star Erhverv Holding ApS

CVR number: 27739865
Jeppe Aakjærs Vej 2, 8600 Silkeborg
jj@steo.dk
tel: 86872289

Credit rating

Company information

Official name
Star Erhverv Holding ApS
Established
2004
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About Star Erhverv Holding ApS

Star Erhverv Holding ApS (CVR number: 27739865) is a company from SILKEBORG. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -41.7 % compared to the previous year. The operating profit percentage was at 14 % (EBIT: 0 mDKK), while net earnings were -76.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -47.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.2 %, 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. Star Erhverv Holding ApS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales18.30107.41152.30337.78196.91
Gross profit7.05103.66148.43341.89192.53
EBIT7.05103.66148.43341.8927.53
Net earnings- 228.94- 760.0480.59240.27-76.09
Shareholders equity total638.77- 121.26-40.68199.59123.50
Balance sheet total (assets)5 100.394 498.433 425.093 775.903 807.81
Net debt4 455.994 614.073 460.153 570.683 678.68
Profitability
EBIT-%38.5 %96.5 %97.5 %101.2 %14.0 %
ROA1.0 %2.1 %5.7 %9.4 %0.7 %
ROE-30.4 %-29.6 %2.0 %13.3 %-47.1 %
ROI1.0 %2.1 %5.7 %9.5 %0.7 %
Economic value added (EVA)154.39256.54310.69507.75198.95
Solvency
Equity ratio12.5 %-2.6 %-1.2 %5.3 %3.2 %
Gearing697.6 %-3805.0 %-8506.6 %1789.0 %2978.7 %
Relative net indebtedness %24375.1 %4301.1 %2275.6 %1058.8 %1871.1 %
Liquidity
Quick ratio0.30.30.00.0
Current ratio0.30.30.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-16621.6 %-3006.4 %-2167.2 %-1009.9 %-1871.1 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:0.73%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.24%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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