MYESTATE ApS

APSDissolved

CVR 32298796Værkmestergade 11, 8000 Aarhus CDatabehandling, webhosting og lignende serviceydelser· NACE 631100Est. 2013 · 13 years old0 employees

Overview

MYESTATE ApS is a Danish APS based in Aarhus C, operating in the Databehandling, webhosting og lignende serviceydelser sector. Incorporated in 2013, the company has 0 employees and reported a gross profit of DKK 474.6k in its latest annual filing.

Gross profit 2016

474.6K DKK

+60% vs 2015

EBITDA margin (of gross profit)

104.9 %

+249% vs 2015

Net profit 2016

389.3K DKK

+255% vs 2015

Key ratios

See full ratios →

80.8 %

Strong

Among the 30% highest rated companies in the industry

20142016

5.2×

Very strong

Among the 20% highest rated companies in the industry

20142016

49.2 %

Very strong

Among the 10% highest rated companies in the industry

20142016

EBITDA — year on year

DKK thousands

Key figures

Annual report 2016

Gross profit	474.6K DKK	+60%
EBITDA	497.8K DKK	+249%
Net profit	389.3K DKK	+255%
Total assets	791K DKK	+149%
Equity	639.1K DKK	+156%
Employees	0	—

Financial development

In its most recent annual report (2016), MYESTATE ApS reported a gross profit of DKK 474.6k, an increase of 60% on the year before. The figures on this page draw on 3 annual filings covering 2014 to 2016. The bottom line showed a net profit of DKK 389.3k, and the EBITDA margin stood at 104.9%.

At the end of 2016, equity financed 80.8% of the balance sheet, and current assets covered short-term debt 5.2 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2016	2015	2014
Gross profit	475	296	2,134
Staff expenses	-23	-154	-603
EBITDA	498	143	1,532
Depreciation & amort.	-0	-0	-0
EBIT	498	143	1,532
Net financials	1	1	5
Profit before tax	499	143	1,537
Tax	110	34	376
Net profit	389	110	1,160

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2016	2015	2014
Total assets	791	318	1,861
Equity	639	250	1,240
Long-term debt	0	0	0
Short-term debt	152	68	621
Total debt	152	68	621

Financial ratios

5-year trend

EBITDA margin (of gross profit)

104.9 %

20142016

Equity ratio

80.8 %

Strong

Among the 30% highest rated companies in the industry

20142016

Return on equity

60.9 %

Very strong

Among the 20% highest rated companies in the industry

20142016

Net profit margin (of gross profit)

82.0 %

20142016

Asset turnover (of gross profit)

0.60×

20142016

Debt / equity

0.24×

Strong

Among the 30% highest rated companies in the industry

20142016

Sector performance

22 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 20% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery strong

Among the 20% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 20% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 30% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 40% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 30% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 20% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityStrong

Among the 30% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 30% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 10% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtStrong

Among the 30% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 10% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalStrong

Among the 30% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2016
Filed via CVR / Virk · Period 2015-07-01 – 2016-06-30
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2015-01-01 – 2015-06-30
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2013-09-17 – 2014-12-31
View PDF