MORNING ApS — Credit Rating and Financial Key Figures

MORNING ApS (CVR number: 31628377K) is a company from KØBENHAVN. The company reported a net sales of 821.6 mDKK in 2023, demonstrating a decline of -2.4 % compared to the previous year. The operating profit percentage was at 4.6 % (EBIT: 37.8 mDKK), while net earnings were 34.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 31.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MORNING 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.