MyFy ApS — Credit Rating and Financial Key Figures

CVR number: 39411318
Akseltorv 3, 6000 Kolding

Company information

Official name
MyFy ApS
Personnel
9 persons
Established
2018
Company form
Private limited company
Industry

About MyFy ApS

MyFy ApS (CVR number: 39411318) is a company from KOLDING. The company recorded a gross profit of 1830.2 kDKK in 2024. The operating profit was 16.9 kDKK, while net earnings were 13.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MyFy ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit1 496.672 411.481 947.721 895.031 830.15
EBIT752.221 394.56495.64178.3716.92
Net earnings582.831 064.37349.82128.1813.06
Shareholders equity total1 011.372 075.742 425.5673.7486.80
Balance sheet total (assets)1 574.113 003.223 103.27698.711 151.84
Net debt-1 253.88-2 751.52- 352.61- 492.20-45.80
Profitability
EBIT-%
ROA64.0 %60.9 %16.2 %9.4 %1.9 %
ROE81.0 %69.0 %15.5 %10.3 %16.3 %
ROI102.3 %89.9 %22.0 %14.2 %19.0 %
Economic value added (EVA)591.741 095.99413.3333.29-86.03
Solvency
Equity ratio64.3 %69.1 %78.2 %10.6 %7.5 %
Gearing1.6 %0.0 %22.7 %11.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.33.04.30.80.8
Current ratio2.33.04.30.90.9
Cash and cash equivalents1 269.782 751.52353.56508.9655.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:1.92%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.54%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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