STARUP INVEST A/S
Credit rating
Company information
About STARUP INVEST A/S
STARUP INVEST A/S (CVR number: 73416914) is a company from VARDE. The company recorded a gross profit of 114 kDKK in 2019. The operating profit was -144.9 kDKK, while net earnings were -72.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. STARUP INVEST A/S's liquidity measured by quick ratio was 5.1 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 514.27 | 134.47 | 78.95 | 113.98 |
EBIT | -34.40 | - 452.12 | - 464.66 | - 144.92 |
Net earnings | 151.69 | - 216.70 | - 460.84 | -72.17 |
Shareholders equity total | 9 360.49 | 6 643.78 | 3 182.95 | 3 110.77 |
Balance sheet total (assets) | 9 650.43 | 6 937.25 | 3 463.13 | 3 318.82 |
Net debt | -2 498.14 | -1 261.06 | - 866.65 | 16.91 |
Profitability | ||||
EBIT-% | ||||
ROA | 2.5 % | -2.8 % | -8.8 % | -4.3 % |
ROE | 1.6 % | -2.7 % | -9.4 % | -2.3 % |
ROI | 2.5 % | -2.8 % | -9.1 % | -4.4 % |
Economic value added (EVA) | -21.99 | - 759.01 | - 728.62 | - 213.01 |
Solvency | ||||
Equity ratio | 97.0 % | 96.1 % | 92.6 % | 93.7 % |
Gearing | 0.6 % | 2.0 % | 3.9 % | 3.9 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 10.5 | 16.2 | 4.1 | 5.1 |
Current ratio | 10.5 | 14.9 | 3.7 | 5.1 |
Cash and cash equivalents | 2 553.36 | 1 390.88 | 991.57 | 104.42 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | BBB | BB | BB |
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