ACCELERACE MANAGEMENT A/S — Credit Rating and Financial Key Figures

CVR number: 32163289
Fruebjergvej 3, 2100 København Ø

Credit rating

Company information

Official name
ACCELERACE MANAGEMENT A/S
Personnel
14 persons
Established
2009
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales32 793.1522 215.3113 724.1314 526.3315 518.18
Gross profit24 013.609 629.2311 479.2911 362.7712 027.40
EBIT1 151.21-3 969.09752.82-1 028.94-1 258.88
Net earnings1 181.35-4 056.45727.75-1 165.35-1 140.29
Shareholders equity total18 772.7614 716.3115 444.0614 278.7013 138.42
Balance sheet total (assets)26 760.8019 854.7718 884.0518 034.7215 600.44
Net debt369.95-12 022.23-8 781.02-6 312.27-1 443.89
Profitability
EBIT-%3.5 %-17.9 %5.5 %-7.1 %-8.1 %
ROA5.5 %-16.9 %4.2 %-5.1 %-6.7 %
ROE7.7 %-24.2 %4.8 %-7.8 %-8.3 %
ROI7.6 %-21.5 %4.9 %-5.9 %-8.0 %
Economic value added (EVA)974.33-4 633.48769.81-1 222.05-1 628.39
Solvency
Equity ratio70.2 %74.1 %81.8 %79.2 %84.2 %
Gearing8.2 %11.0 %9.1 %4.3 %0.1 %
Relative net indebtedness %20.8 %-38.3 %-49.2 %-21.8 %6.5 %
Liquidity
Quick ratio3.23.65.14.04.5
Current ratio3.23.65.14.04.5
Cash and cash equivalents1 170.8113 645.5310 191.946 925.351 454.79
Capital use efficiency
Trade debtors turnover (days)186.569.0187.4159.5158.5
Net working capital %52.5 %59.4 %101.9 %78.2 %55.6 %
Credit risk
Credit ratingAABBBAAABBB

Variable visualization

ROA:-6.68%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.2%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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