CET Development ApS — Credit Rating and Financial Key Figures

CET Development ApS (CVR number: 28852525) is a company from Brønderslev. The company recorded a gross profit of -13.4 kDKK in 2024. The operating profit was -113.4 kDKK, while net earnings were 81 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CET Development ApS's liquidity measured by quick ratio was 20.1 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.