ACO FUNKI A/S — Credit Rating and Financial Key Figures

CVR number: 26715687
Kirkevænget 5, Gjellerup 7400 Herning
tel: 97132200

Credit rating

Company information

Official name
ACO FUNKI A/S
Personnel
90 persons
Established
2002
Domicile
Gjellerup
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About ACO FUNKI A/S

ACO FUNKI A/S (CVR number: 26715687K) is a company from HERNING. The company reported a net sales of 0 mEUR in 2023, demonstrating a decline of -1.9 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 0 mEUR), while net earnings were -0.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ACO FUNKI A/S's liquidity measured by quick ratio was 1.9 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2019
2020
2021
2022
2023
Volume
Net sales43.6052.6147.6432.1831.58
Gross profit9.7211.6611.487.477.65
EBIT1.011.911.58-1.180.45
Net earnings0.541.351.05-1.15-0.12
Shareholders equity total6.728.069.047.847.71
Balance sheet total (assets)22.4428.3326.2323.4319.50
Net debt9.566.878.7310.524.43
Profitability
EBIT-%2.3 %3.6 %3.3 %-3.7 %1.4 %
ROA4.5 %7.5 %5.8 %-4.8 %2.1 %
ROE8.3 %18.3 %12.3 %-13.6 %-1.6 %
ROI5.5 %9.9 %8.1 %-6.1 %2.6 %
Economic value added (EVA)0.751.641.38-1.600.09
Solvency
Equity ratio40.5 %43.9 %44.5 %43.6 %52.6 %
Gearing165.2 %133.6 %103.6 %141.0 %84.4 %
Relative net indebtedness %30.9 %28.9 %32.8 %44.5 %29.5 %
Liquidity
Quick ratio0.91.61.01.11.9
Current ratio1.91.92.22.83.2
Cash and cash equivalents1.553.900.640.532.07
Capital use efficiency
Trade debtors turnover (days)39.652.058.066.765.0
Net working capital %19.4 %22.0 %25.9 %40.5 %36.4 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:2.08%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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