MyFuels ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MyFuels ApS
MyFuels ApS (CVR number: 38185306) is a company from GENTOFTE. The company recorded a gross profit of 569.3 kDKK in 2024. The operating profit was -105.6 kDKK, while net earnings were -91.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.3 %, which can be considered poor and Return on Equity (ROE) was -35.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MyFuels ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 512.10 | 615.98 | 869.60 | 759.99 | 569.32 |
EBIT | -5.91 | 112.50 | 302.22 | 176.42 | - 105.62 |
Net earnings | -19.67 | 90.53 | 223.54 | 134.69 | -91.50 |
Shareholders equity total | -37.06 | 92.47 | 316.01 | 450.70 | 59.20 |
Balance sheet total (assets) | 108.63 | 228.82 | 421.29 | 555.85 | 206.34 |
Net debt | -64.73 | - 152.85 | - 319.08 | - 132.94 | -89.98 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.0 % | 69.6 % | 94.8 % | 37.7 % | -20.3 % |
ROE | -24.5 % | 90.0 % | 109.5 % | 35.1 % | -35.9 % |
ROI | -16.8 % | 154.9 % | 134.3 % | 47.7 % | -25.0 % |
Economic value added (EVA) | -6.77 | 83.96 | 220.41 | 115.23 | - 128.53 |
Solvency | |||||
Equity ratio | -25.4 % | 40.4 % | 75.0 % | 81.1 % | 28.7 % |
Gearing | -70.6 % | 53.6 % | 0.3 % | 1.2 % | 172.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.7 | 4.0 | 5.3 | 1.4 |
Current ratio | 0.7 | 1.7 | 4.0 | 5.3 | 1.4 |
Cash and cash equivalents | 90.90 | 202.44 | 320.05 | 138.19 | 192.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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