Mornings ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mornings ApS
Mornings ApS (CVR number: 33362749) is a company from ODENSE. The company recorded a gross profit of 21.3 mDKK in 2024. The operating profit was -226.8 kDKK, while net earnings were -161 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Mornings ApS's liquidity measured by quick ratio was 3.5 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 | 16 232.78 | 22 715.13 | 23 630.00 | 20 249.00 | 21 270.40 |
EBIT | 4 083.15 | 4 701.52 | 3 165.00 | 50.00 | - 226.79 |
Net earnings | 3 166.33 | 3 633.86 | 2 427.00 | 45.00 | - 161.02 |
Shareholders equity total | 5 325.70 | 6 959.57 | 6 387.00 | 5 431.00 | 5 270.39 |
Balance sheet total (assets) | 11 860.21 | 12 595.49 | 10 779.00 | 8 940.00 | 8 526.14 |
Net debt | -3 358.17 | -4 386.78 | -7 658.00 | -5 281.00 | -5 174.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 44.2 % | 38.4 % | 27.1 % | 0.7 % | -2.3 % |
ROE | 72.5 % | 59.2 % | 36.4 % | 0.8 % | -3.0 % |
ROI | 88.4 % | 73.6 % | 45.3 % | 1.1 % | -3.6 % |
Economic value added (EVA) | 3 000.78 | 3 373.61 | 2 097.18 | - 303.33 | - 472.99 |
Solvency | |||||
Equity ratio | 49.7 % | 63.7 % | 68.5 % | 66.7 % | 68.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 3.2 | 3.9 | 3.5 | 3.5 |
Current ratio | 1.8 | 2.2 | 2.5 | 2.6 | 2.6 |
Cash and cash equivalents | 3 358.17 | 4 386.78 | 7 658.00 | 5 281.00 | 5 174.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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