MY TEXTILES ApS — Credit Rating and Financial Key Figures

CVR number: 34468370
Uglevangen 44, 2830 Virum

Credit rating

Company information

Official name
MY TEXTILES ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About MY TEXTILES ApS

MY TEXTILES ApS (CVR number: 34468370) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 666.2 kDKK in 2023. The operating profit was 44.7 kDKK, while net earnings were 34.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MY TEXTILES ApS's liquidity measured by quick ratio was 7.5 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 profit654.49389.34427.97788.23666.16
EBIT210.94-4.4565.88228.2644.65
Net earnings164.39-5.2049.51177.8834.86
Shareholders equity total1 295.381 290.171 339.681 517.561 019.57
Balance sheet total (assets)1 459.791 369.321 387.851 659.531 176.91
Net debt- 610.82- 488.07- 471.81- 787.35- 879.25
Profitability
EBIT-%
ROA15.5 %-0.3 %4.8 %15.0 %3.2 %
ROE13.6 %-0.4 %3.8 %12.5 %2.7 %
ROI17.4 %-0.3 %5.0 %15.7 %3.4 %
Economic value added (EVA)145.16-38.8411.15134.440.37
Solvency
Equity ratio88.7 %94.2 %96.5 %91.4 %86.6 %
Gearing2.9 %2.8 %
Relative net indebtedness %
Liquidity
Quick ratio8.917.328.811.77.5
Current ratio8.917.328.811.77.5
Cash and cash equivalents610.82488.07471.81831.80907.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.16%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.6%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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