ACCELERACE MANAGEMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ACCELERACE MANAGEMENT A/S
ACCELERACE MANAGEMENT A/S (CVR number: 32163289) is a company from KØBENHAVN. The company reported a net sales of 15.5 mDKK in 2023, demonstrating a growth of 6.8 % compared to the previous year. The operating profit percentage was poor at -8.1 % (EBIT: -1.3 mDKK), while net earnings were -1140.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -8.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ACCELERACE MANAGEMENT A/S's liquidity measured by quick ratio was 4.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 32 793.15 | 22 215.31 | 13 724.13 | 14 526.33 | 15 518.18 |
Gross profit | 24 013.60 | 9 629.23 | 11 479.29 | 11 362.77 | 12 027.40 |
EBIT | 1 151.21 | -3 969.09 | 752.82 | -1 028.94 | -1 258.88 |
Net earnings | 1 181.35 | -4 056.45 | 727.75 | -1 165.35 | -1 140.29 |
Shareholders equity total | 18 772.76 | 14 716.31 | 15 444.06 | 14 278.70 | 13 138.42 |
Balance sheet total (assets) | 26 760.80 | 19 854.77 | 18 884.05 | 18 034.72 | 15 600.44 |
Net debt | 369.95 | -12 022.23 | -8 781.02 | -6 312.27 | -1 443.89 |
Profitability | |||||
EBIT-% | 3.5 % | -17.9 % | 5.5 % | -7.1 % | -8.1 % |
ROA | 5.5 % | -16.9 % | 4.2 % | -5.1 % | -6.7 % |
ROE | 7.7 % | -24.2 % | 4.8 % | -7.8 % | -8.3 % |
ROI | 7.6 % | -21.5 % | 4.9 % | -5.9 % | -8.0 % |
Economic value added (EVA) | 974.33 | -4 633.48 | 769.81 | -1 222.05 | -1 628.39 |
Solvency | |||||
Equity ratio | 70.2 % | 74.1 % | 81.8 % | 79.2 % | 84.2 % |
Gearing | 8.2 % | 11.0 % | 9.1 % | 4.3 % | 0.1 % |
Relative net indebtedness % | 20.8 % | -38.3 % | -49.2 % | -21.8 % | 6.5 % |
Liquidity | |||||
Quick ratio | 3.2 | 3.6 | 5.1 | 4.0 | 4.5 |
Current ratio | 3.2 | 3.6 | 5.1 | 4.0 | 4.5 |
Cash and cash equivalents | 1 170.81 | 13 645.53 | 10 191.94 | 6 925.35 | 1 454.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 186.5 | 69.0 | 187.4 | 159.5 | 158.5 |
Net working capital % | 52.5 % | 59.4 % | 101.9 % | 78.2 % | 55.6 % |
Credit risk | |||||
Credit rating | AA | BBB | AA | A | BBB |
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