ACO HOLDING ApS

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CVR 29781826Damhaven 5C, 7100 VejleOther financial service activities, except insurance and pension funding n.e.c.· NACE 6499Est. 2006 · 20 years old— employees

Overview

ACO HOLDING ApS is a Danish APS based in Vejle, operating in the Other financial service activities, except insurance and pension funding n.e.c. sector. Incorporated in 2006, the company reported revenue of DKK 0 in its latest annual filing.

Revenue 2023

0M DKK

EBITDA margin

—

Net profit 2023

2.6M DKK

+155% vs 2022

Key ratios

See full ratios →

100.0 %

Very strong

Among the 10% highest rated companies in the industry

20192023

>999×

Very strong

Among the 10% highest rated companies in the industry

20192023

6.6 %

Strong

Among the 40% highest rated companies in the industry

20192023

EBITDA — year on year

DKK thousands

Key figures

Annual report 2023

Revenue	0M DKK	—
EBITDA	-0.1M DKK	+7%
Net profit	2.6M DKK	+155%
Total assets	39.2M DKK	+3%
Equity	39.1M DKK	+3%
Employees	—	—

Contact

Address

Damhaven 5C, 7100 Vejle

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2023), ACO HOLDING ApS reported revenue of DKK 0. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net profit of DKK 2.6m.

At the end of 2023, equity financed 100% of the balance sheet, and current assets covered short-term debt 2,676 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2023	2022	2021	2020	2019
Revenue	0	0	-108	0	-116
Staff expenses	-25	-25	-25	-25	-0
EBITDA	-120	-129	-133	-131	-116
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-120	-129	-133	-131	-116
Net financials	3,431	-5,926	3,732	1,618	5,002
Profit before tax	3,311	-6,055	3,599	1,487	4,885
Tax	728	-1,331	793	319	730
Net profit	2,582	-4,724	2,807	1,168	4,155

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Balance sheet

DKK thousands

Item	2023	2022	2021	2020	2019
Total assets	39,150	38,068	44,851	43,220	43,965
Equity	39,138	38,055	44,279	42,973	43,305
Long-term debt	0	0	0	0	0
Short-term debt	13	13	572	247	660
Total debt	13	13	572	247	660

Financial ratios

5-year trend

EBITDA margin

<−999 %

20192023

Equity ratio

100.0 %

Very strong

Among the 10% highest rated companies in the industry

20192023

Return on equity

6.6 %

Strong

Among the 40% highest rated companies in the industry

20192023

Net profit margin

>999 %

20192023

Asset turnover

0.00×

Very weak

Among the 10% lowest rated companies in the industry

20192023

Debt / equity

0.00×

Very strong

Among the 10% highest rated companies in the industry

20192023

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 40% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery weak

Among the 10% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioVery strong

Among the 10% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 10% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 20% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalStrong

Among the 40% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioWeak

Among the 30% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery strong

Among the 10% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 10% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 10% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 10% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 10% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 30% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Asset turnoverVery weak

Among the 10% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


MG Mikael Grosen Skovbo Liquidator	Liquidator	2024 – 2025
AC Allan Cornelius Management	Management	2006 – 2015
EC Erik Cornelius Management	Management	2023 – 2024
IL Ingrid Ladegaard Cornelius Management	Management	2014 – 2023

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Ingrid Ladegaard Cornelius	Individual	100%	100%	2014

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of ACO HOLDING ApS also hold positions in 10 other companies.

Person	Role here	Other companies
Mikael Grosen Skovbo	Liquidator	7 companiesMany roles
Erik Cornelius	Management	2 companies
Allan Cornelius	Management	1 company

Frequently asked questions

What is the CVR number of ACO HOLDING ApS?

ACO HOLDING ApS is registered with CVR / Virk under CVR 29781826.

Where is ACO HOLDING ApS headquartered?

ACO HOLDING ApS's registered address is Damhaven 5C.