MY GARAGE A/S — Credit Rating and Financial Key Figures

CVR number: 36953217
Wittrupvej 1, 7120 Vejle Øst

Company information

Official name
MY GARAGE A/S
Personnel
49 persons
Established
2015
Company form
Limited company
Industry

About MY GARAGE A/S

MY GARAGE A/S (CVR number: 36953217) is a company from VEJLE. The company recorded a gross profit of 27.6 mDKK in 2024. The operating profit was 3323.6 kDKK, while net earnings were 3227 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 56.3 %, 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. MY GARAGE A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 339.0014 239.0018 262.0022 726.2227 575.47
EBIT-4 459.00-2 983.00-4 046.001 932.033 323.58
Net earnings-3 813.00- 109.00-1 787.00707.533 227.05
Shareholders equity total4 176.004 067.002 280.0052 987.0356 214.08
Balance sheet total (assets)38 762.0047 200.0058 828.0087 706.77109 153.33
Net debt12 221.31- 237.02
Profitability
EBIT-%
ROA-12.0 %-6.9 %-7.6 %2.6 %3.4 %
ROE-88.0 %-2.6 %-56.3 %2.6 %5.9 %
ROI-12.0 %-6.9 %-7.6 %3.1 %5.5 %
Economic value added (EVA)-4 684.57-3 192.84-4 250.371 932.26129.50
Solvency
Equity ratio100.0 %100.0 %100.0 %67.6 %56.3 %
Gearing23.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.3
Current ratio2.42.0
Cash and cash equivalents88.81277.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:3.38%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.3%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

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