K/S Acanto — Credit Rating and Financial Key Figures

CVR number: 37144797
Fortebakken 35, 8240 Risskov

Company information

Official name
K/S Acanto
Established
2015
Company form
Limited partnership
Industry

About K/S Acanto

K/S Acanto (CVR number: 37144797) is a company from AARHUS. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -2.5 % compared to the previous year. The operating profit percentage was at 79.3 % (EBIT: 0.7 mDKK), while net earnings were 458.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K/S Acanto's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales28.56433.60853.02854.35833.00
Gross profit- 325.27- 453.37760.97777.97725.10
EBIT- 358.27- 516.37697.97714.37660.60
Net earnings- 423.36- 559.59661.80667.47458.20
Shareholders equity total7 734.6712 425.0812 586.8813 254.3512 732.55
Balance sheet total (assets)12 769.6317 681.2717 660.2818 095.4417 499.64
Net debt3 189.724 719.704 483.873 827.274 262.63
Profitability
EBIT-%-1254.3 %-119.1 %81.8 %83.6 %79.3 %
ROA-3.2 %-3.4 %3.9 %4.0 %3.7 %
ROE-7.1 %-5.6 %5.3 %5.2 %3.5 %
ROI-3.2 %-3.4 %4.1 %4.1 %3.8 %
Economic value added (EVA)- 513.83- 664.33501.25496.25437.91
Solvency
Equity ratio60.6 %70.3 %71.3 %73.2 %72.8 %
Gearing64.4 %38.5 %36.5 %33.2 %33.6 %
Relative net indebtedness %11343.3 %1190.0 %582.1 %499.3 %570.6 %
Liquidity
Quick ratio7.20.10.20.90.0
Current ratio7.20.10.20.90.0
Cash and cash equivalents1 794.8767.81107.66575.3414.12
Capital use efficiency
Trade debtors turnover (days)0.40.50.7
Net working capital %5407.1 %-131.9 %-67.2 %-7.2 %-71.5 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:3.71%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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