MYNEWSDESK ApS

CVR number: 34042101
Jagtvej 113 H, 2200 København N
finance@mynewsdesk.com

Credit rating

Company information

Official name
MYNEWSDESK ApS
Personnel
3 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon63Information service activities

About the company

MYNEWSDESK ApS (CVR number: 34042101) is a company from KØBENHAVN. The company recorded a gross profit of 2970.5 kDKK in 2023. The operating profit was 369.2 kDKK, while net earnings were 290.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MYNEWSDESK ApS's liquidity measured by quick ratio was 3.1 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales8 125.067 087.257 245.95
Gross profit6 337.305 774.605 370.445 060.972 970.53
EBIT703.95625.98650.92560.54369.18
Net earnings516.07484.03498.41422.28290.55
Shareholders equity total2 700.763 184.803 683.214 105.49896.04
Balance sheet total (assets)3 906.814 967.704 295.634 806.051 263.66
Net debt- 669.69-1 816.52-1 922.07- 341.09- 362.57
Profitability
EBIT-%8.7 %8.8 %9.0 %
ROA19.3 %14.1 %14.2 %12.4 %12.6 %
ROE21.1 %16.4 %14.5 %10.8 %11.6 %
ROI28.8 %21.3 %19.1 %14.5 %15.3 %
Economic value added (EVA)415.02391.14441.09346.0597.61
Solvency
Equity ratio69.1 %64.1 %85.7 %85.4 %70.9 %
Gearing
Relative net indebtedness %6.6 %-0.5 %-18.1 %
Liquidity
Quick ratio3.53.56.86.73.1
Current ratio3.53.56.86.73.1
Cash and cash equivalents669.691 816.521 922.07341.09362.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %31.5 %46.7 %49.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.9%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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