Mygayventure ApS — Credit Rating and Financial Key Figures

CVR number: 38416553
Frederikssundsvej 23, 2400 København NV

Credit rating

Company information

Official name
Mygayventure ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About Mygayventure ApS

Mygayventure ApS (CVR number: 38416553) is a company from KØBENHAVN. The company recorded a gross profit of -12.1 kDKK in 2020, demonstrating a decline of -135.8 % compared to the previous year. The operating profit was -23.9 kDKK, while net earnings were -25.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.2 %, which can be considered poor and Return on Equity (ROE) was -37.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mygayventure ApS's liquidity measured by quick ratio was 0.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017201820192020
Volume
Net sales0.150.301.03
Gross profit-25.83-4.62-5.15-12.13
EBIT-48.33-27.72-25.35-23.91
Net earnings-50.32-27.72-26.63-25.06
Shareholders equity total103.4574.7367.6765.63
Balance sheet total (assets)103.4577.9873.0571.00
Net debt-3.543.153.074.19
Profitability
EBIT-%-31792.8 %-9118.1 %-2463.8 %
ROA-46.8 %-30.6 %-33.6 %-33.2 %
ROE-48.6 %-31.1 %-37.4 %-37.6 %
ROI-46.8 %-30.6 %-33.6 %-33.2 %
Economic value added (EVA)-48.33-27.54-23.90-21.01
Solvency
Equity ratio100.0 %95.8 %92.6 %92.4 %
Gearing4.3 %7.9 %8.2 %
Relative net indebtedness %-2327.6 %1036.5 %298.5 %
Liquidity
Quick ratio0.00.80.5
Current ratio0.00.80.5
Cash and cash equivalents3.540.102.301.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %4932.9 %-1036.5 %-125.3 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-33.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.4%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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