ACO NORDIC GROUP A/S

CVR number: 20304510
Thorsvej 9, 4100 Ringsted
aconordicgroup@aco.com
tel: 57666556

Credit rating

Company information

Official name
ACO NORDIC GROUP A/S
Personnel
12 persons
Established
1958
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About the company

ACO NORDIC GROUP A/S (CVR number: 20304510K) is a company from RINGSTED. The company reported a net sales of 100 mEUR in 2023, demonstrating a decline of -3.1 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 7.1 mEUR), while net earnings were 5382 kEUR. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ACO NORDIC GROUP A/S's liquidity measured by quick ratio was 1.7 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

Net sales (mEUR)

EBIT (mEUR)

Profitability

Solidity

Key figures (mEUR)

See financials
20192020202120222023
Volume
Net sales84.7791.4497.39103.20100.01
Gross profit29.2029.2031.5332.3331.38
EBIT3.477.668.568.177.07
Net earnings3.285.615.136.415.38
Shareholders equity total26.9829.3329.2831.5931.44
Balance sheet total (assets)46.2449.9348.6049.2349.61
Net debt7.17-0.404.435.403.41
Profitability
EBIT-%4.1 %8.4 %8.8 %7.9 %7.1 %
ROA9.0 %17.1 %18.4 %17.9 %15.8 %
ROE12.2 %19.9 %17.5 %21.1 %17.1 %
ROI11.1 %22.0 %24.4 %23.1 %20.3 %
Economic value added (EVA)1.634.593.795.093.85
Solvency
Equity ratio58.4 %58.7 %60.3 %64.2 %63.4 %
Gearing38.0 %20.3 %21.6 %18.5 %16.8 %
Relative net indebtedness %18.9 %14.4 %16.4 %15.3 %15.0 %
Liquidity
Quick ratio1.31.71.51.41.7
Current ratio1.92.22.32.32.4
Cash and cash equivalents3.086.351.880.461.87
Capital use efficiency
Trade debtors turnover (days)62.772.775.169.182.7
Net working capital %16.5 %21.4 %20.6 %19.0 %21.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:15.8%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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