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STAR AIR A/S: Financial statements 2020

CVR: 19328732

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

STAR AIR A/S (CVR 19328732) has filed annual accounts for 2020. In 2020, the company reported revenue of USD 162,391,000 and a net result of USD 25,211,000 compared with USD 26,067,000 the year before. That is an increase of 10.5% compared with the year before. The profit margin was 15.5%. Equity in the 2020 report amounted to USD 160,845,000. The solvency ratio was 53.8%. The company had 225 employees in the financial year.

Revenue
USD 162,391,000
Gross Profit
USD 119,651,000
Profit/Loss
USD 25,211,000
Equity
USD 160,845,000
Total Assets
USD 299,197,000
Employees
225

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020162.4M USD119.7M USD25.2M USD160.8M USD225
2019147M USD113.8M USD26.1M USD161.6M USD220
2018950.3M572M34M915.5M213
2017874.1M545.4M104.6M881.5M211
2016873.4M623.9M183.7M776.8M207

Official annual report

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Events in 2020

STAR AIR A/S: The 2019 annual report is outJun 8, 2020

STAR AIR A/S has published its annual report for 2019. Revenue came to DKK 146,971,000, and the net result was DKK 26,067,000.

Jakob Wegge-Larsen joins the board of STAR AIR A/SApr 6, 2020

As of April 6, 2020, Jakob Wegge-Larsen has joined the board of directors of STAR AIR A/S.

Kasper Mahon Andreasen leaves the board of STAR AIR A/SApr 6, 2020

As of April 6, 2020, Kasper Mahon Andreasen has left the board of directors of STAR AIR A/S.

About STAR AIR A/S

STAR AIR A/S was a Danish company of the type Aktieselskab based in København K, founded in 1996. The company has been dissolved on 3 March 2025. The company was registered under the industry Lufttransport af gods. The company has 110 employees (2022). In 2023, the company reported a gross profit of USD 0 and a net result of USD -30,073,000 compared with USD 15,340,000 the year before. Equity in the 2023 report amounted to USD 121,022,000.

Source: annual report 2023, Danish Business Authority