Morning Stars ApS — Credit Rating and Financial Key Figures

CVR number: 29616043
Industrivej 127, Gårslev Vmk 7080 Børkop
hr@morning-stars.dk
tel: 20708608

Credit rating

Company information

Official name
Morning Stars ApS
Personnel
3 persons
Established
2006
Domicile
Gårslev Vmk
Company form
Private limited company
Industry

About Morning Stars ApS

Morning Stars ApS (CVR number: 29616043) is a company from VEJLE. The company recorded a gross profit of 2585.5 kDKK in 2024. The operating profit was -2275.3 kDKK, while net earnings were -1156.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Morning Stars ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 406.882 152.943 382.884 615.152 585.54
EBIT-1 954.31-4 380.54-3 656.99- 523.98-2 275.32
Net earnings81 888.24-3 842.62-3 860.436 093.10-1 156.07
Shareholders equity total101 757.7277 915.1074 054.6780 147.7878 991.71
Balance sheet total (assets)149 585.42135 105.86132 176.95144 221.51152 564.42
Net debt-18 566.3954 539.5655 794.1360 428.0769 995.95
Profitability
EBIT-%
ROA75.7 %-2.1 %-2.1 %6.1 %0.5 %
ROE124.4 %-4.3 %-5.1 %7.9 %-1.5 %
ROI78.9 %-2.2 %-2.1 %6.1 %0.5 %
Economic value added (EVA)-4 882.02-11 540.55-10 415.69-7 116.42-9 157.96
Solvency
Equity ratio68.0 %57.7 %56.0 %55.6 %51.8 %
Gearing39.5 %70.0 %75.3 %75.4 %88.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.10.00.20.20.2
Current ratio2.10.00.20.20.2
Cash and cash equivalents58 711.8626.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:0.46%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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