What is the main business of FET?

The main business activity of FET focuses on construction of utility projects for electricity and telecommunications.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on July 9, 2014.

Where is the headquarters located?

The headquarters is located at: Mielczarskiego 123, 25-611 Kielce.

Who is on the management board?

The management board consists of: Maciej Zbigniew Rak (President of the Management Board).

What is the share capital?

The share capital of the company is PLN 5,000 (approx. $1,351).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2020 to December 31, 2020.

What revenue was generated?

The company reported a revenue of USD 83,563 in 2020, which is a decrease of 62.5% compared to 2019.

No, the company recorded a net loss of USD 41,729 in 2020. For comparison, in 2019 the loss was USD 10,945, meaning the company increased its loss by 287.2%.

Which cost dominates operating expenses?

The largest operating cost category falls under employee remuneration. This category amounted to USD 58,812 in 2020, representing 83% of all operating expenses.

FETsp. z o.o.

Construction of utility projects for electricity and telecommunications

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2014-07-09

Share capital

5,000.00 PLN

Registered address

Mielczarskiego 123, 25-611 Kielce, Poland

Financials

Revenue history (in k)

Filing timeliness

No financial statement for 2021 – the filing deadline has passed. 2 of 3 financial statements were filed late (the longest delay 255 days for 2020).

2021not filed
202027/06/2022
201909/12/2020
201809/07/2019

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, city, voivodeship and across Poland in 2020.

Industry · Construction of utility projects for electricity and telecommunications944 / 1,210

Top 78%

Division · Civil engineering4,108 / 5,186

Top 79%

Sector · Construction17,207 / 24,234

Top 71%

Voivodeship · Świętokrzyskie4,740 / 7,422

Top 64%

Country · Poland301,459 / 495,860

Top 61%

Results vs industry

Revenue

This companyUSD 83.56kMedianUSD 499.88kAverageUSD 2.91m

Net profit

This companyUSD -41.73kMedianUSD 27.72kAverageUSD 125.38k

Operating costs

This companyUSD 71.10kMedianUSD 414.65kAverageUSD 2.66m

Assets

This companyUSD 90.98kMedianUSD 359.52kAverageUSD 2.43m

Industry

Authorized Representatives

Maciej Zbigniew Rak – President of the Management Board

Manner of representation

Each member of the management board is authorized to perform legal transactions on behalf of the company independently.

Ownership

Owner	Shares	Share value	Stake
Kwinto Invest Llc	100	$1,350.62	100%

Beneficial owners

No beneficial owners recorded for the company FET.

Bank accounts

Registered as a VAT taxpayer on 2014-05-26.

No bank accounts reported to the VAT Taxpayer Register.

Debt

14 closed proceedings recorded in KRZ history.

Registration date	Proceeding type	Status
Jun 7, 2024	Discontinued enforcement proceedings	Closed
Jun 7, 2024	Discontinued enforcement proceedings	Closed
Jun 7, 2024	Discontinued enforcement proceedings	Closed
Jun 7, 2024	Discontinued enforcement proceedings	Closed
Jun 7, 2024	Discontinued enforcement proceedings	Closed

Public aid

Grant date	Purpose	Gross amount	Granting body
Jun 10, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	––	Prezydent Miasta Kielce
Mar 21, 2017	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	––	Prezes Banku Gospodarstwa Krajowego

Competitors

Name	Revenue	Website
Home Revolutionsp. z o.o.	$130,440.42	homerevolution.pl
Optima-Primesp. z o.o.	$125,148.54	optima-prime.pl
M-Tel Teletechnikasp. z o.o.	$106,674.52	m-tel.pl
Manatechsp. z o.o.	$86,799.70	manatech.com.pl
QXMsp. z o.o.	$77,854.45	qxm.pl
Intelecomsp. z o.o.	$68,965.89	intelecom.pl
Lanfoxsp. z o.o.	$56,663.13	lanfox.eu
Vetrasp. z o.o.	$46,313.26	vetra.com.pl
Cronelsp. z o.o.	$41,227.11	cronel.pl
XTELsp. z o.o.	$28,891.38	xtel.pl