ACCORD A/S — Credit Rating and Financial Key Figures

CVR number: 12377231
Vesterbrogade 63, 1620 København V
accord@accord.dk
tel: 33330052
Accord.dk

Credit rating

Company information

Official name
ACCORD A/S
Personnel
22 persons
Established
1988
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About ACCORD A/S

ACCORD A/S (CVR number: 12377231) is a company from KØBENHAVN. The company recorded a gross profit of 4341.4 kDKK in 2023. The operating profit was -662.5 kDKK, while net earnings were -668.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.7 %, which can be considered poor and Return on Equity (ROE) was -24.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ACCORD A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 933.844 973.946 004.065 555.824 341.38
EBIT345.25- 576.6915.14- 189.29- 662.48
Net earnings207.22- 510.06-45.48- 241.19- 668.24
Shareholders equity total3 981.793 351.733 306.253 065.072 396.83
Balance sheet total (assets)6 701.107 415.989 141.668 321.618 822.92
Net debt- 207.26407.81385.98151.74616.38
Profitability
EBIT-%
ROA5.2 %-8.2 %0.2 %-2.1 %-7.7 %
ROE5.3 %-13.9 %-1.4 %-7.6 %-24.5 %
ROI7.3 %-12.1 %0.3 %-4.2 %-16.6 %
Economic value added (EVA)102.70- 604.08- 130.77- 284.94- 639.19
Solvency
Equity ratio60.4 %46.0 %36.7 %36.8 %27.2 %
Gearing20.5 %27.9 %29.8 %32.3 %62.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.40.30.40.3
Current ratio1.51.21.11.21.0
Cash and cash equivalents1 023.38526.25600.08836.93878.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-7.71%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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