Morning Construct Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 36565314
Lollandsgade 6, 6400 Sønderborg
preben@morningstudio.dk
tel: 27142010

Company information

Official name
Morning Construct Denmark ApS
Personnel
9 persons
Established
2015
Company form
Private limited company
Industry

About Morning Construct Denmark ApS

Morning Construct Denmark ApS (CVR number: 36565314) is a company from SØNDERBORG. The company recorded a gross profit of 3852.9 kDKK in 2023. The operating profit was 657.3 kDKK, while net earnings were 457.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 130.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Morning Construct Denmark ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit2 309.002 572.003 103.002 728.003 852.93
EBIT15.00- 157.0094.0094.00657.26
Net earnings21.00- 120.0067.0072.00457.94
Shareholders equity total159.0039.00106.00122.00580.13
Balance sheet total (assets)2 314.002 378.001 709.003 330.005 243.25
Net debt- 703.00-1 524.00- 708.00-1 229.00-2 642.63
Profitability
EBIT-%
ROA1.6 %-6.2 %4.8 %3.8 %15.4 %
ROE8.2 %-121.2 %92.4 %63.2 %130.4 %
ROI12.9 %-147.5 %135.2 %85.1 %187.6 %
Economic value added (EVA)15.94-96.61146.19103.82519.69
Solvency
Equity ratio6.9 %1.6 %6.2 %4.4 %11.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.11.01.11.31.2
Current ratio1.11.01.11.01.1
Cash and cash equivalents703.001 524.00708.001 229.002 642.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.5%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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