MORNING ApS — Credit Rating and Financial Key Figures

CVR number: 31628377
Trangravsvej 3 C, 1436 København K

Company information

Official name
MORNING ApS
Established
2008
Company form
Private limited company
Industry

About MORNING ApS

MORNING ApS (CVR number: 31628377) is a company from KØBENHAVN. The company recorded a gross profit of -72 kDKK in 2023. The operating profit was -72 kDKK, while net earnings were 27.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORNING ApS's liquidity measured by quick ratio was 13.6 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 profit-43.00-19.00-12.00-29.00-72.00
EBIT-43.0067.00-12.00-29.00-72.00
Net earnings9 022.0014 364.0014 869.0023 233.0027 899.00
Shareholders equity total45 724.0059 960.0073 611.0095 844.00122 243.00
Balance sheet total (assets)54 097.0065 520.0078 493.0095 875.00123 305.00
Net debt1 036.00-1 929.00-3 685.00-5 428.00-12 749.00
Profitability
EBIT-%
ROA0.0 %24.1 %20.8 %26.5 %25.5 %
ROE0.0 %27.2 %22.3 %27.4 %25.6 %
ROI0.0 %26.8 %22.2 %27.3 %25.5 %
Economic value added (EVA)1 052 733.051 413.162 124.792 644.723 457.22
Solvency
Equity ratio84.5 %91.5 %93.8 %100.0 %99.1 %
Gearing2.6 %1.7 %0.0 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.7607.9196.813.6
Current ratio1.31.7607.9196.813.6
Cash and cash equivalents132.002 959.003 685.005 445.0013 753.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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