ACO NORDIC GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ACO NORDIC GROUP A/S
ACO NORDIC GROUP A/S (CVR number: 20304510) is a company from RINGSTED. The company recorded a gross profit of 3350 kEUR in 2023. The operating profit was -315 kEUR, while net earnings were 5382 kEUR. The profitability of the company measured by Return on Assets (ROA) was 16 %, 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 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 477.00 | 1 446.00 | 719.00 | 3 398.00 | 3 350.00 |
EBIT | - 694.00 | -1 188.00 | - 211.00 | - 293.00 | - 315.00 |
Net earnings | 3 281.00 | 5 610.00 | 5 132.00 | 6 408.00 | 5 382.00 |
Shareholders equity total | 26 984.00 | 29 329.00 | 29 285.00 | 31 590.00 | 31 439.00 |
Balance sheet total (assets) | 38 626.00 | 37 733.00 | 35 466.00 | 36 598.00 | 36 206.00 |
Net debt | 7 777.00 | 2 380.00 | 3 537.00 | 4 246.00 | 3 643.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.0 % | 13.2 % | 18.6 % | 17.9 % | 16.0 % |
ROE | 0.0 % | 19.9 % | 17.5 % | 21.1 % | 17.1 % |
ROI | 0.0 % | 13.5 % | 19.0 % | 18.3 % | 16.2 % |
Economic value added (EVA) | -26 321.24 | - 768.76 | -49.91 | 43.02 | 69.06 |
Solvency | |||||
Equity ratio | 69.9 % | 77.7 % | 82.6 % | 86.3 % | 86.8 % |
Gearing | 39.9 % | 25.3 % | 18.1 % | 13.4 % | 12.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.2 | 0.7 | 1.8 | 1.7 |
Current ratio | 0.7 | 1.2 | 0.7 | 1.8 | 1.7 |
Cash and cash equivalents | 2 997.00 | 5 035.00 | 1 757.00 | 267.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA | AA |
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