MORGEN HOLDING ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
MORGEN HOLDING ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About MORGEN HOLDING ApS

MORGEN HOLDING ApS (CVR number: 28860099) is a company from SLAGELSE. The company recorded a gross profit of -25.5 kDKK in 2024. The operating profit was -110.2 kDKK, while net earnings were 515.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93 %, 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 13.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-22.78-23.45-24.14-24.84-25.48
EBIT-88.78- 110.45-82.42-73.66- 110.18
Net earnings106.71239.85- 699.09414.52515.86
Shareholders equity total4 714.074 953.934 254.844 669.365 185.21
Balance sheet total (assets)5 057.335 455.904 612.625 015.375 574.52
Net debt-4 090.01-4 633.28-3 930.32-4 395.82-4 800.59
Profitability
EBIT-%
ROA0.9 %6.2 %-1.5 %8.9 %11.5 %
ROE2.3 %5.0 %-15.2 %9.3 %10.5 %
ROI0.9 %6.2 %-1.5 %8.9 %11.6 %
Economic value added (EVA)- 298.08- 339.26- 353.62- 305.20- 347.52
Solvency
Equity ratio93.2 %90.8 %92.2 %93.1 %93.0 %
Gearing7.0 %8.9 %8.3 %7.2 %6.3 %
Relative net indebtedness %
Liquidity
Quick ratio13.010.112.013.713.2
Current ratio13.010.112.013.713.2
Cash and cash equivalents4 417.755 076.454 283.114 732.125 126.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.0%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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