My Law Story ApS — Credit Rating and Financial Key Figures

CVR number: 40489304
Njalsgade 76, 2300 København S
contact@mylawstory.org

Credit rating

Company information

Official name
My Law Story ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon85Education

About My Law Story ApS

My Law Story ApS (CVR number: 40489304) is a company from KØBENHAVN. The company recorded a gross profit of 514.9 kDKK in 2023. The operating profit was -29.1 kDKK, while net earnings were -23.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40 %, which can be considered poor and Return on Equity (ROE) was -44.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -54.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. My Law Story ApS's liquidity measured by quick ratio was 0.5 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
20192020202120222023
Volume
Net sales
Gross profit59.84145.73937.39602.40514.90
EBIT28.91-18.55-58.9547.38-29.06
Net earnings22.38-16.32-48.7733.90-23.38
Shareholders equity total22.386.06-42.72-8.82-32.20
Balance sheet total (assets)46.5255.7622.6877.5626.62
Net debt-24.90-43.23-1.6723.48-14.26
Profitability
EBIT-%
ROA62.1 %-36.3 %-97.3 %62.4 %-40.0 %
ROE100.0 %-114.8 %-339.5 %67.6 %-44.9 %
ROI124.7 %-125.7 %-1783.0 %291.0 %-165.1 %
Economic value added (EVA)22.38-15.53-44.6938.12-22.49
Solvency
Equity ratio48.1 %10.9 %-65.3 %-10.2 %-54.7 %
Gearing0.7 %4.6 %-0.7 %-365.9 %-9.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.90.30.90.5
Current ratio1.40.90.30.90.5
Cash and cash equivalents25.0643.511.948.8017.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-40.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-54.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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