My Way Travel ApS — Credit Rating and Financial Key Figures

CVR number: 40139621
Vindrosen 10, 8240 Risskov
mj@mywaytravel.dk
tel: 70222256
www.mywaytravel.dk

Credit rating

Company information

Official name
My Way Travel ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About My Way Travel ApS

My Way Travel ApS (CVR number: 40139621) is a company from AARHUS. The company recorded a gross profit of 423.2 kDKK in 2023. The operating profit was 314.9 kDKK, while net earnings were 228.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.3 %, 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 1.7 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- 143.14744.151 864.20633.00423.22
EBIT- 202.64369.83617.74486.00314.88
Net earnings- 172.66273.41451.85361.00228.07
Shareholders equity total77.34350.74802.591 164.001 191.35
Balance sheet total (assets)781.16943.631 962.841 860.002 320.40
Net debt646.71118.64- 661.99- 575.00- 368.25
Profitability
EBIT-%
ROA-25.9 %43.0 %42.5 %25.4 %15.1 %
ROE-223.3 %127.7 %78.4 %36.7 %19.4 %
ROI-28.0 %60.9 %79.3 %40.5 %22.4 %
Economic value added (EVA)- 158.06283.94465.22385.11224.55
Solvency
Equity ratio9.9 %37.2 %51.1 %62.6 %51.3 %
Gearing836.2 %40.5 %32.8 %14.7 %23.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.71.62.11.7
Current ratio0.30.71.62.11.7
Cash and cash equivalents23.50925.49746.00646.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBABBB

Variable visualization

ROA:15.1%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.3%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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