STARUP INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 73416914
Smedebakken 9-11, Starup 7200 Grindsted
tel: 75337036

Credit rating

Company information

Official name
STARUP INVEST A/S
Personnel
2 persons
Established
1983
Domicile
Starup
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit514.27134.4778.95113.98
EBIT-34.40- 452.12- 464.66- 144.92
Net earnings151.69- 216.70- 460.84-72.17
Shareholders equity total9 360.496 643.783 182.953 110.77
Balance sheet total (assets)9 650.436 937.253 463.133 318.82
Net debt-2 498.14-1 261.06- 866.6516.91
Profitability
EBIT-%
ROA2.5 %-2.8 %-8.8 %-4.3 %
ROE1.6 %-2.7 %-9.4 %-2.3 %
ROI2.5 %-2.8 %-9.1 %-4.4 %
Economic value added (EVA)-21.99- 759.01- 728.62- 213.01
Solvency
Equity ratio97.0 %96.1 %92.6 %93.7 %
Gearing0.6 %2.0 %3.9 %3.9 %
Relative net indebtedness %
Liquidity
Quick ratio10.516.24.15.1
Current ratio10.514.93.75.1
Cash and cash equivalents2 553.361 390.88991.57104.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBB

Variable visualization

ROA:-4.27%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.7%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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