ACO FUNKI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ACO FUNKI A/S
ACO FUNKI A/S (CVR number: 26715687) is a company from HERNING. The company reported a net sales of 0 mEUR in 2023, demonstrating a growth of 6.8 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 0 mEUR), while net earnings were 0.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.1 %, 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 2.1 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 42.81 | 44.55 | 41.53 | 28.69 | 30.62 |
Gross profit | 9.69 | 10.63 | 10.85 | 7.05 | 7.90 |
EBIT | 1.45 | 1.41 | 1.63 | -0.96 | 1.05 |
Net earnings | 0.99 | 0.96 | 1.10 | -0.92 | 0.50 |
Shareholders equity total | 7.48 | 8.41 | 9.51 | 8.58 | 9.07 |
Balance sheet total (assets) | 21.48 | 24.85 | 24.29 | 22.95 | 20.12 |
Net debt | 9.60 | 9.10 | 9.04 | 10.78 | 4.65 |
Profitability | |||||
EBIT-% | 3.4 % | 3.2 % | 3.9 % | -3.4 % | 3.4 % |
ROA | 6.6 % | 6.1 % | 6.6 % | -4.1 % | 4.9 % |
ROE | 14.2 % | 12.1 % | 12.2 % | -10.1 % | 5.7 % |
ROI | 7.8 % | 7.2 % | 8.1 % | -4.8 % | 5.8 % |
Economic value added (EVA) | 1.17 | 1.09 | 1.33 | -1.37 | 0.70 |
Solvency | |||||
Equity ratio | 44.1 % | 46.4 % | 48.1 % | 47.2 % | 57.1 % |
Gearing | 142.4 % | 130.7 % | 99.9 % | 128.8 % | 72.2 % |
Relative net indebtedness % | 28.7 % | 30.3 % | 32.9 % | 46.9 % | 28.9 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 0.9 | 1.2 | 2.1 |
Current ratio | 2.1 | 2.2 | 2.4 | 3.0 | 3.5 |
Cash and cash equivalents | 1.04 | 1.89 | 0.46 | 0.28 | 1.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.7 | 45.9 | 40.9 | 43.7 | 47.0 |
Net working capital % | 20.8 % | 25.0 % | 28.0 % | 43.3 % | 37.8 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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