Morning Studio ApS — Credit Rating and Financial Key Figures

CVR number: 42549061
Lollandsgade 6, 6400 Sønderborg

Credit rating

Company information

Official name
Morning Studio ApS
Personnel
14 persons
Established
2021
Company form
Private limited company
Industry

About Morning Studio ApS

Morning Studio ApS (CVR number: 42549061) is a company from SØNDERBORG. The company recorded a gross profit of 5742 kDKK in 2023. The operating profit was 1330.1 kDKK, while net earnings were 3216.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.2 %, which can be considered excellent and Return on Equity (ROE) was 186.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.5 %, 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 Studio ApS's liquidity measured by quick ratio was 1.6 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
2021
2022
2023
Volume
Net sales
Gross profit288.003 497.005 742.04
EBIT- 230.04242.001 330.14
Net earnings- 198.00277.003 216.46
Shareholders equity total- 158.00119.003 335.74
Balance sheet total (assets)4 238.0014 372.0015 324.40
Net debt-1 233.002 041.002 791.13
Profitability
EBIT-%
ROA-5.2 %4.1 %24.2 %
ROE-4.7 %12.7 %186.2 %
ROI34.3 %67.0 %
Economic value added (EVA)- 194.65247.951 034.32
Solvency
Equity ratio-10.0 %1.9 %29.5 %
Gearing1772.3 %153.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.31.6
Current ratio1.01.01.0
Cash and cash equivalents1 233.0068.002 340.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:24.2%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.5%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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