Q-STAR Energy A/S — Credit Rating and Financial Key Figures

CVR number: 15287608
Stormgade 99, 6700 Esbjerg

Credit rating

Company information

Official name
Q-STAR Energy A/S
Personnel
58 persons
Established
1991
Company form
Limited company
Industry
  • Expand more icon78Employment activities

About Q-STAR Energy A/S

Q-STAR Energy A/S (CVR number: 15287608) is a company from ESBJERG. The company recorded a gross profit of 96.5 mDKK in 2023. The operating profit was 1629.2 kDKK, while net earnings were 77.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 12 %, 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. Q-STAR Energy A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit131 169.0641 815.5749 318.73102 594.1496 454.58
EBIT2 568.00-3 996.00229.002 426.431 629.23
Net earnings-1 343.00-1 719.0022.00992.7177.52
Shareholders equity total1 459.00- 750.001 271.002 264.202 341.72
Balance sheet total (assets)17 695.0010 594.0027 508.0030 693.7619 521.68
Net debt-2 410.411 731.558 064.6511 136.106 992.01
Profitability
EBIT-%
ROA9.1 %-13.0 %1.9 %8.4 %6.6 %
ROE-72.1 %-28.5 %0.4 %56.2 %3.4 %
ROI29.6 %-39.9 %4.9 %16.5 %11.4 %
Economic value added (EVA)2 668.74-2 808.64234.951 941.881 206.30
Solvency
Equity ratio8.1 %-6.6 %4.6 %7.4 %12.0 %
Gearing355.0 %-323.0 %859.8 %642.3 %381.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.11.11.1
Current ratio1.11.21.11.11.1
Cash and cash equivalents7 589.18691.092 863.273 406.291 931.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.58%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.0%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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