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My-Finance ApS — Credit Rating and Financial Key Figures

CVR number: 39423650
Buskelundhøjen 218, 8600 Silkeborg
dsy@y-connection.com
tel: 40723330
Free credit report Annual report

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 -18 kDKK in 2024. The operating profit was -18 kDKK, while net earnings were -205.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.8 %, which can be considered excellent but Return on Equity (ROE) was -17 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. My-Finance ApS's liquidity measured by quick ratio was 0 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 profit-21.27-12.61-39.38-6.25-18.04
EBIT-21.27-12.61-39.38-6.25-18.04
Net earnings2 368.41- 857.39- 224.5480.65- 205.15
Shareholders equity total2 349.791 492.411 267.861 348.51- 155.15
Balance sheet total (assets)2 392.801 546.371 362.921 358.511 060.38
Net debt-2 359.79-1 502.41-1 277.86-13.801 195.15
Profitability
EBIT-%
ROA121.3 %-0.6 %-2.7 %7.5 %19.8 %
ROE121.0 %-44.6 %-16.3 %6.2 %-17.0 %
ROI121.9 %-0.6 %-2.7 %7.5 %-16.1 %
Economic value added (EVA)-99.47- 132.34- 116.58-74.23-85.81
Solvency
Equity ratio98.2 %96.5 %93.0 %99.3 %-12.8 %
Gearing1.4 %2.9 %6.7 %-777.0 %
Relative net indebtedness %
Liquidity
Quick ratio55.628.714.3135.90.0
Current ratio55.628.714.3135.90.0
Cash and cash equivalents2 392.801 546.371 362.9213.8010.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:19.8%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-12.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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