AKO FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AKO FINANS ApS
AKO FINANS ApS (CVR number: 29513821) is a company from VARDE. The company recorded a gross profit of -21.8 kDKK in 2018. The operating profit was -21.8 kDKK, while net earnings were 94.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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. AKO FINANS ApS's liquidity measured by quick ratio was 227.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -25.41 | -33.44 | -21.84 |
| EBIT | -25.41 | -33.44 | -21.84 |
| Net earnings | 326.55 | 336.75 | 94.49 |
| Shareholders equity total | 2 804.25 | 3 141.01 | 3 235.50 |
| Balance sheet total (assets) | 7 696.01 | 6 058.30 | 5 700.08 |
| Net debt | -3 303.14 | -4 918.86 | -5 564.79 |
| Profitability | |||
| EBIT-% | |||
| ROA | 14.1 % | 15.1 % | 6.9 % |
| ROE | 11.6 % | 11.3 % | 3.0 % |
| ROI | 14.1 % | 15.1 % | 7.0 % |
| Economic value added (EVA) | -19.85 | 61.99 | 90.08 |
| Solvency | |||
| Equity ratio | 36.4 % | 51.8 % | 56.8 % |
| Gearing | 44.6 % | 11.1 % | |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 3.6 | 14.0 | 227.2 |
| Current ratio | 3.6 | 14.0 | 227.2 |
| Cash and cash equivalents | 4 555.08 | 5 268.98 | 5 564.79 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | A | A | BBB |
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