Morning Stars ApS

CVR 29616043 · Private limited company (ApS) · Active · Low risk

Morning Stars ApS is a Private limited company (ApS), founded on , based in Børkop. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 96.3m and a net result of DKK -527k.

Bankruptcy risk for Morning Stars ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
29616043
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Industrivej 127
7080 Børkop
Municipality
Vejle
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Employees
7 (2018)
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio70.0%
Current ratio33%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 6.5mDKK 2.6m
Net profitDKK -527kDKK -1.2m
EquityDKK 96.3mDKK 79.0m
Total assetsDKK 137.6mDKK 152.6m
Short-term debtDKK 28.6m–
Tax owedDKK 449k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 202399
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021159
1 Jan 2020 – 31 Dec 202076
1 Jan 2019 – 31 Dec 201990
1 Jan 2018 – 31 Dec 201870
1 Jan 2017 – 31 Dec 201799
1 Jan 2016 – 31 Dec 201679
1 Jan 2015 – 31 Dec 201578
1 Jan 2014 – 31 Dec 201471
1 Jan 2013 – 31 Dec 201376
1 Jan 2012 – 31 Dec 201284
1 Jan 2011 – 31 Dec 201159
1 Jan 2010 – 31 Dec 201073
1 Jan 2009 – 31 Dec 200987
1 Jan 2008 – 31 Dec 2008146
1 Jan 2007 – 31 Dec 2007150
8 Jun 2006 – 31 Dec 2006144

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOSvend Erik Bech Rasmussen
CEOThomas Munch Sørensen
CEOHenrik Hallenberg Rasmussen
CEOVagn Knudsen
CEOThomas Munch Sørensen
BoardVagn Knudsen
BoardHenrik Hallenberg Rasmussen
BoardSvend Erik Bech Rasmussen
BoardSvend Erik Skovhus
BoardThomas Munch Sørensen
BoardSvend Erik Skovhus
BoardHenrik Hallenberg Rasmussen
BoardRikke Wiinblad
BoardJannie Møller Rasmussen
Owner (100%)RASMUSSEN INVESTORS ApSCurrent
Owner (100%)STH-HOLDING ApS
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorA/S AF 8.3.2011 KOLDING
FounderSTH-HOLDING ApSCurrent

The CEOs' other companies

Svend Erik Bech Rasmussen – 11 other companies, of which 1 bankrupt

Thomas Munch Sørensen – 15 other companies

Henrik Hallenberg Rasmussen – 18 other companies

Address history (5 moves)

Industrivej 127, 7080 Børkop
Industrivej 127, 7080 Børkop
Vesterballevej 29, 7000 Fredericia
Prins Christians Kvarter 26, 7000 Fredericia
Tornvadshavevej 109, 7080 Børkop
Tornvadshavevej 109, 7080 Børkop

Former names

Morning Stars ApS – now
SER-HEGN FYN ApS –
STRØMHEGN ApS –
HANS EGON PETERSENS EFTF. ApS –

Employees per year

Number of employees at Morning Stars ApS per year482009: 120092011: 120112012: 120122013: 820132014: 720142015: 020152017: 420172018: 72018

Other companies at the same address

Similar companies in Vejle

Questions and answers about Morning Stars ApS

Has Morning Stars ApS gone bankrupt?

No, Morning Stars ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Morning Stars ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of Morning Stars ApS?

Morning Stars ApS most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Morning Stars ApS founded?

Morning Stars ApS was founded on 8 June 2006.

What is the equity of Morning Stars ApS?

Equity was DKK 96.3m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.