INSTEC ApS — Credit Rating and Financial Key Figures

CVR number: 42924806
Grønbækvej 18, Sønder Økse 9460 Brovst

Credit rating

Company information

Official name
INSTEC ApS
Personnel
2 persons
Established
2021
Domicile
Sønder Økse
Company form
Private limited company
Industry

About INSTEC ApS

INSTEC ApS (CVR number: 42924806) is a company from JAMMERBUGT. The company recorded a gross profit of 781.5 kDKK in 2023. The operating profit was 337.8 kDKK, while net earnings were 263.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 71.7 %, which can be considered excellent and Return on Equity (ROE) was 151.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49 %, 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. INSTEC ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit172.06781.49
EBIT9.20337.75
Net earnings2.33263.54
Shareholders equity total42.33305.87
Balance sheet total (assets)317.37624.61
Net debt209.56- 267.38
Profitability
EBIT-%
ROA2.9 %71.7 %
ROE5.5 %151.4 %
ROI3.1 %109.5 %
Economic value added (EVA)9.20263.61
Solvency
Equity ratio13.3 %49.0 %
Gearing603.4 %4.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.3
Current ratio0.61.6
Cash and cash equivalents45.85281.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:71.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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