MYGOODNESS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MYGOODNESS A/S
MYGOODNESS A/S (CVR number: 33957122) is a company from HJØRRING. The company recorded a gross profit of 664.5 kDKK in 2024. The operating profit was -461.5 kDKK, while net earnings were -473.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.7 %, which can be considered poor and Return on Equity (ROE) was -26.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MYGOODNESS A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 764.19 | 1 449.66 | 1 286.86 | 1 025.50 | 664.49 | 
| EBIT | - 619.64 | 9.08 | -2.81 | 1.71 | - 461.55 | 
| Net earnings | - 859.15 | -2.69 | -12.27 | -21.30 | - 473.52 | 
| Shareholders equity total | 339.49 | 336.79 | 324.53 | 303.23 | - 170.29 | 
| Balance sheet total (assets) | 3 639.14 | 5 047.18 | 4 147.40 | 3 880.16 | 3 211.89 | 
| Net debt | - 339.83 | - 430.22 | 249.59 | 158.37 | 400.98 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | -16.3 % | 0.2 % | -0.1 % | 0.1 % | -12.7 % | 
| ROE | -111.7 % | -0.8 % | -3.7 % | -6.8 % | -26.9 % | 
| ROI | -49.4 % | 1.0 % | -0.3 % | 0.4 % | -76.4 % | 
| Economic value added (EVA) | - 942.07 | -30.66 | -43.47 | -37.29 | - 499.50 | 
| Solvency | |||||
| Equity ratio | 9.3 % | 6.7 % | 7.8 % | 7.8 % | -5.0 % | 
| Gearing | 133.0 % | 140.3 % | 139.1 % | 149.1 % | -265.4 % | 
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.9 | 0.9 | 0.7 | 0.6 | 
| Current ratio | 1.0 | 1.1 | 1.1 | 1.2 | 1.1 | 
| Cash and cash equivalents | 791.28 | 902.69 | 201.86 | 293.65 | 51.04 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB | 
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