Morningscore ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morningscore ApS
Morningscore ApS (CVR number: 39311437) is a company from ODENSE. The company recorded a gross profit of 2325.8 kDKK in 2023. The operating profit was -386.8 kDKK, while net earnings were -427.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -32.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Morningscore ApS's liquidity measured by quick ratio was 0.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 216.49 | 603.67 | 658.63 | 1 234.01 | 2 325.79 |
EBIT | - 402.68 | -1 570.76 | -3 379.09 | -4 312.52 | - 386.82 |
Net earnings | - 336.29 | -1 183.39 | -2 852.49 | -4 100.58 | - 427.86 |
Shareholders equity total | 716.51 | - 466.88 | - 944.34 | -2 294.91 | -2 722.77 |
Balance sheet total (assets) | 2 503.12 | 4 103.65 | 5 203.63 | 4 613.61 | 5 595.23 |
Net debt | 974.69 | 2 107.65 | 2 952.65 | 2 689.92 | 2 967.02 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.7 % | -44.4 % | -62.1 % | -66.1 % | -5.1 % |
ROE | -38.0 % | -49.1 % | -61.3 % | -83.5 % | -8.4 % |
ROI | -19.5 % | -57.4 % | -92.9 % | -122.4 % | -11.5 % |
Economic value added (EVA) | - 414.07 | -1 249.30 | -2 933.19 | -4 021.59 | - 320.66 |
Solvency | |||||
Equity ratio | 28.6 % | -10.2 % | -15.4 % | -33.2 % | -32.7 % |
Gearing | 155.4 % | -677.9 % | -326.6 % | -139.9 % | -128.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.7 | 0.5 | 0.8 | 0.5 |
Current ratio | 0.3 | 0.7 | 0.5 | 0.8 | 0.5 |
Cash and cash equivalents | 138.79 | 1 057.41 | 131.55 | 520.73 | 524.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | B |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.