MORGEN HOLDING ApS

CVR number: 28860099
Løvegade 28 C, 4200 Slagelse
kim@morgen.dk

Credit rating

Company information

Official name
MORGEN HOLDING ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About MORGEN HOLDING ApS

MORGEN HOLDING ApS (CVR number: 28860099) is a company from SLAGELSE. The company recorded a gross profit of -24.8 kDKK in 2023. The operating profit was -73.7 kDKK, while net earnings were 414.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORGEN HOLDING ApS's liquidity measured by quick ratio was 13.7 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
20192020202120222023
Volume
Net sales
Gross profit-22.20-22.78-23.45-24.14-24.84
EBIT-82.20-88.78- 110.45-82.42-73.66
Net earnings415.59106.71239.85- 699.09414.52
Shareholders equity total4 607.364 714.074 953.934 254.844 669.36
Balance sheet total (assets)4 805.615 057.335 455.904 612.625 015.37
Net debt-4 084.44-4 090.01-4 633.28-3 930.32-4 395.82
Profitability
EBIT-%
ROA12.0 %0.9 %6.2 %-1.5 %8.9 %
ROE9.4 %2.3 %5.0 %-15.2 %9.3 %
ROI12.3 %0.9 %6.2 %-1.5 %8.9 %
Economic value added (EVA)-60.20-53.86-71.19-57.20-56.23
Solvency
Equity ratio95.9 %93.2 %90.8 %92.2 %93.1 %
Gearing1.5 %7.0 %8.9 %8.3 %7.2 %
Relative net indebtedness %
Liquidity
Quick ratio21.013.010.112.013.7
Current ratio21.013.010.112.013.7
Cash and cash equivalents4 154.734 417.755 076.454 283.114 732.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:8.89%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.1%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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