CETO ApS — Credit Rating and Financial Key Figures

CVR number: 28107447
Tyrstedlund 39, 8700 Horsens
horsens@diovino.dk
tel: 20631000
www.diovino.dk

Credit rating

Company information

Official name
CETO ApS
Personnel
3 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About CETO ApS

CETO ApS (CVR number: 28107447) is a company from HORSENS. The company recorded a gross profit of 1026.5 kDKK in 2023. The operating profit was 311.1 kDKK, while net earnings were 249.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57.5 %, 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. CETO ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 026.73990.23893.99941.221 026.46
EBIT364.34210.74266.88243.87311.09
Net earnings145.1462.8315.7656.08249.53
Shareholders equity total7 429.907 492.727 508.487 264.567 514.10
Balance sheet total (assets)16 769.8916 806.9613 803.4512 868.3213 062.20
Net debt7 224.126 674.743 517.422 489.012 470.07
Profitability
EBIT-%
ROA2.1 %1.3 %2.1 %2.1 %3.8 %
ROE2.0 %0.8 %0.2 %0.8 %3.4 %
ROI2.3 %1.4 %2.4 %2.4 %4.3 %
Economic value added (EVA)- 313.17- 443.00- 391.94- 266.31- 127.07
Solvency
Equity ratio44.3 %44.6 %54.4 %56.5 %57.5 %
Gearing98.2 %89.5 %57.8 %45.6 %43.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.60.50.5
Current ratio1.10.91.82.01.9
Cash and cash equivalents74.8331.73823.02826.79827.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.76%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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