My Way Travel ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About My Way Travel ApS
My Way Travel ApS (CVR number: 40139621) is a company from AARHUS. The company recorded a gross profit of 159.2 kDKK in 2024. The operating profit was -19.4 kDKK, while net earnings were -24.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. My Way Travel ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 744.15 | 1 864.20 | 633.00 | 423.22 | 159.24 |
EBIT | 369.83 | 617.74 | 486.00 | 314.88 | -19.35 |
Net earnings | 273.41 | 451.85 | 361.00 | 228.07 | -24.06 |
Shareholders equity total | 350.74 | 802.59 | 1 164.00 | 1 191.35 | 1 167.29 |
Balance sheet total (assets) | 943.63 | 1 962.84 | 1 860.00 | 2 320.40 | 1 982.92 |
Net debt | 118.64 | - 661.99 | - 575.00 | - 368.25 | - 615.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 43.0 % | 42.5 % | 25.4 % | 15.1 % | -0.9 % |
ROE | 127.7 % | 78.4 % | 36.7 % | 19.4 % | -2.0 % |
ROI | 60.9 % | 79.3 % | 40.5 % | 22.4 % | -1.3 % |
Economic value added (EVA) | 251.45 | 456.90 | 325.36 | 178.48 | -88.97 |
Solvency | |||||
Equity ratio | 37.2 % | 51.1 % | 62.6 % | 51.3 % | 58.9 % |
Gearing | 40.5 % | 32.8 % | 14.7 % | 23.4 % | 32.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.6 | 2.1 | 1.7 | 2.1 |
Current ratio | 0.7 | 1.6 | 2.1 | 1.7 | 2.1 |
Cash and cash equivalents | 23.50 | 925.49 | 746.00 | 646.61 | 990.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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