KET INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 16682349
Parkvej 49, Vilsund 7700 Thisted

Credit rating

Company information

Official name
KET INVEST ApS
Personnel
1 person
Established
1993
Domicile
Vilsund
Company form
Private limited company
Industry

About KET INVEST ApS

KET INVEST ApS (CVR number: 16682349) is a company from THISTED. The company recorded a gross profit of 517.2 kDKK in 2023. The operating profit was 208.6 kDKK, while net earnings were 440.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 91.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KET INVEST ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit365.57277.07172.92869.84517.23
EBIT130.34102.99-8.96667.22208.58
Net earnings30.66590.75- 290.61721.57440.48
Shareholders equity total8 463.138 943.288 539.678 429.048 469.52
Balance sheet total (assets)8 961.339 586.819 008.969 231.699 236.24
Net debt- 115.15- 188.88- 165.42- 456.67- 566.43
Profitability
EBIT-%
ROA2.2 %8.4 %3.2 %10.4 %6.5 %
ROE0.4 %6.8 %-3.3 %8.5 %5.2 %
ROI2.2 %8.7 %3.3 %11.0 %7.1 %
Economic value added (EVA)- 300.75- 324.46- 432.36108.79- 232.13
Solvency
Equity ratio94.4 %93.3 %94.8 %91.3 %91.7 %
Gearing3.1 %2.9 %2.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.81.20.80.9
Current ratio0.80.81.20.80.9
Cash and cash equivalents380.56444.20406.97456.67566.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:6.49%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.7%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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