My-Finance ApS — Credit Rating and Financial Key Figures

CVR number: 39423650
Buskelundhøjen 218, 8600 Silkeborg
dsy@y-connection.com
tel: 40723330
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Credit rating

Company information

Official name
My-Finance ApS
Established
2018
Company form
Private limited company
Industry

About My-Finance ApS

My-Finance ApS (CVR number: 39423650) is a company from SILKEBORG. The company recorded a gross profit of -6.2 kDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were 80.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. My-Finance ApS's liquidity measured by quick ratio was 135.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-13.50-21.27-12.61-39.38-6.25
EBIT-13.50-21.27-12.61-39.38-6.25
Net earnings5.912 368.41- 857.39- 224.5480.65
Shareholders equity total-18.622 349.791 492.411 267.861 348.51
Balance sheet total (assets)1 566.322 392.801 546.371 362.921 358.51
Net debt1 574.93-2 359.79-1 502.41-1 277.86-13.80
Profitability
EBIT-%
ROA3.0 %121.3 %-0.6 %-2.7 %7.5 %
ROE0.4 %121.0 %-44.6 %-16.3 %6.2 %
ROI3.0 %121.9 %-0.6 %-2.7 %7.5 %
Economic value added (EVA)-6.30-20.33-10.45-36.66-1.47
Solvency
Equity ratio-1.2 %98.2 %96.5 %93.0 %99.3 %
Gearing-8458.8 %1.4 %2.9 %6.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.055.628.714.3135.9
Current ratio0.055.628.714.3135.9
Cash and cash equivalents0.002 392.801 546.371 362.9213.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.48%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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