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Morgenstjerne Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morgenstjerne Invest ApS
Morgenstjerne Invest ApS (CVR number: 41014377) is a company from HEDENSTED. The company recorded a gross profit of -20.5 kDKK in 2024. The operating profit was -20.5 kDKK, while net earnings were 341.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor but Return on Equity (ROE) was 127.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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. Morgenstjerne Invest ApS's liquidity measured by quick ratio was 51.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -18.24 | -29.26 | -22.90 | -17.21 | -20.50 |
| EBIT | -18.24 | -55.85 | - 130.95 | -17.21 | -20.50 |
| Net earnings | -23.79 | -83.95 | - 157.30 | 321.88 | 341.31 |
| Shareholders equity total | 16.21 | -67.75 | - 225.05 | 96.83 | 438.14 |
| Balance sheet total (assets) | 392.84 | 647.95 | 680.38 | 1 063.72 | 1 474.72 |
| Net debt | 344.36 | 597.69 | 860.65 | 557.37 | 501.70 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -4.6 % | 45.0 % | -12.3 % | 71.8 % | -9.0 % |
| ROE | -146.8 % | -25.3 % | -23.7 % | 82.8 % | 127.6 % |
| ROI | -4.7 % | -7.0 % | -18.1 % | 37.2 % | 30.9 % |
| Economic value added (EVA) | -18.24 | -96.81 | - 147.27 | -52.26 | -74.76 |
| Solvency | |||||
| Equity ratio | 4.1 % | -9.5 % | -24.9 % | 9.1 % | 29.7 % |
| Gearing | 2285.3 % | -1018.9 % | -396.5 % | 985.1 % | 233.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.2 | 3.2 | 39.5 | 51.4 |
| Current ratio | 0.1 | 0.2 | 3.2 | 39.5 | 51.4 |
| Cash and cash equivalents | 26.02 | 92.57 | 31.78 | 396.51 | 521.88 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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