MORNINGSTAR DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 26258448
Vester Farimagsgade 19, 1606 København V

Company information

Official name
MORNINGSTAR DANMARK A/S
Personnel
13 persons
Established
2001
Company form
Limited company
Industry

About MORNINGSTAR DANMARK A/S

MORNINGSTAR DANMARK A/S (CVR number: 26258448) is a company from KØBENHAVN. The company recorded a gross profit of 17.5 mDKK in 2023. The operating profit was 2920.2 kDKK, while net earnings were 2967.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORNINGSTAR DANMARK A/S's liquidity measured by quick ratio was 8.4 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 profit7 401.706 933.596 635.8714 204.0517 482.96
EBIT3 149.302 837.522 058.202 474.522 920.16
Net earnings2 641.482 425.511 240.731 818.622 967.79
Shareholders equity total20 660.4323 085.9424 326.6826 145.3029 113.09
Balance sheet total (assets)37 447.8342 326.6733 428.7039 395.3942 557.49
Net debt-9 166.65-15 395.66-21 904.22-15 899.16-18 741.42
Profitability
EBIT-%
ROA9.6 %8.5 %6.4 %8.1 %9.8 %
ROE13.7 %11.1 %5.2 %7.2 %10.7 %
ROI13.6 %11.7 %8.8 %11.7 %14.6 %
Economic value added (EVA)2 376.741 929.011 619.031 808.401 760.61
Solvency
Equity ratio69.0 %63.8 %88.6 %85.0 %85.4 %
Gearing28.8 %34.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.03.310.58.48.4
Current ratio2.22.23.62.93.1
Cash and cash equivalents15 126.8323 441.3521 904.2215 899.1618 741.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:9.84%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.4%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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