Morning Construct Europe ApS — Credit Rating and Financial Key Figures

CVR number: 29777632
Lollandsgade 6, 6400 Sønderborg
info@buybestsolution.dk
tel: 27142010
www.buybestsolution.dk

Credit rating

Company information

Official name
Morning Construct Europe ApS
Personnel
3 persons
Established
2006
Company form
Private limited company
Industry

About Morning Construct Europe ApS

Morning Construct Europe ApS (CVR number: 29777632) is a company from SØNDERBORG. The company recorded a gross profit of 8459.6 kDKK in 2023. The operating profit was 2992.3 kDKK, while net earnings were 2259.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.3 %, which can be considered excellent and Return on Equity (ROE) was 162.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.9 %, 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 Construct Europe ApS's liquidity measured by quick ratio was 1.7 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 profit8 333.004 759.004 843.006 643.008 459.62
EBIT530.00- 390.00-1 028.00249.002 992.33
Net earnings470.00- 360.00- 861.00135.002 259.32
Shareholders equity total3 106.001 746.00885.00260.002 519.59
Balance sheet total (assets)5 674.004 243.002 851.003 504.009 141.06
Net debt- 831.00-1 123.00768.00122.00- 115.83
Profitability
EBIT-%
ROA9.5 %-7.9 %-28.1 %7.8 %47.3 %
ROE16.4 %-14.8 %-65.5 %23.6 %162.6 %
ROI14.0 %-11.7 %-42.9 %23.4 %200.4 %
Economic value added (EVA)412.75- 398.57- 794.44147.582 301.67
Solvency
Equity ratio54.7 %41.2 %31.0 %7.4 %32.9 %
Gearing18.7 %70.4 %89.2 %73.5 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.61.31.01.7
Current ratio2.11.61.31.01.4
Cash and cash equivalents1 411.002 352.0021.0069.00131.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:47.3%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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