Morningtrain ApS

Legal ownership resolution (ejerforholdenes opløsning)

No owner holds a majorityNo owner holds 50% or more; legal owners in the CVR owner register only. Dandex estimate, rule v3, computed 13 Nov 2026.

Control tenure (ejerskabsperiode)

Pro: Control tenure (ejerskabsperiode) is in the Pro plan, see pricingHow long the current ultimate controller has held control, from the CVR owner register.

Group position (koncernforhold)

No parent, and no majority holding in a Danish companyNo owner holds 50% or more; it holds 50% or more of no Danish company. Dandex estimate, rule v2, computed 13 Nov 2026.

Signing authority, structured (tegningsregel, struktureret)

One person can bind the companyThe registered signing rule lets one person bind the company. Dandex estimate, rule v2, computed 13 Nov 2026.

EU SME size class (SMV-kategori)

Small enterprise37 average employees, balance sheet EUR 1.1M in the 2025 report, and the same class the year before. Dandex estimate, rule v2, computed 13 Nov 2026.

Long-run headcount growth (beskæftigelsesudvikling siden 1998)

Growing fastEmployees +11.6% a year over 10 years to Aug 2026, from 12.3 to 36.7 on average; the peak was 50.6 in 2022. Dandex estimate, rule v1, computed 13 Nov 2026.

Demand cyclicality (konjunkturfølsomhed)

Pro: Demand cyclicality (konjunkturfølsomhed) is in the Pro plan, see pricingHow demand for its products moves with the economy, from its industry.

Registry and report headcount compared (ansatte i register og regnskab)

Pro: Registry and report headcount compared (ansatte i register og regnskab) is in the Pro plan, see pricingThe report's average employees beside the registry's staff over the same year.

Auditor's report (revisorpåtegning)

Extended reviewTagged in the report (cmn:TypeOfAuditorAssistance). Dandex estimate, rules and decision model v1, computed 13 Nov 2026, from the annual report for the year ending 31 Dec 2025.

Auditor's report findings (revisorpåtegning)

Pro: Auditor's report findings (revisorpåtegning) is in the Pro plan, see pricingThe auditor's findings: conclusion, going concern, emphasis, other matters, breaches.

Business model (forretningsmodel)

Not determinedNot decided yet: Dandex has not read this company's annual reports for it. Dandex estimate, rules and decision model v1, computed 13 Nov 2026.

Revenue model (indtægtsmodel)

Pro: Revenue model (indtægtsmodel) is in the Pro plan, see pricingThe kinds of revenue the accounting policies name, and the main one.

Decided by Dandex with fixed rules from CVR and the filed annual reports, and for the auditor's report, the business model and the revenue model a calibrated decision model reading the report's text and the purpose clause, not registered by the company. Each label links to its definition.

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

Credit rating (kreditvurdering)

Pro: Credit rating (kreditvurdering) is in the Pro plan, see pricingA score from 0 to 100 with a grade from A to F, from the latest annual reports.

Capital loss (kapitaltab)

Pro: Capital loss (kapitaltab) is in the Pro plan, see pricingNegative equity, or equity below half the share capital, in the latest report.

Filing deadline and punctuality (indsendelsesfrist)

Pro: Filing deadline and punctuality (indsendelsesfrist) is in the Pro plan, see pricingThe next annual report deadline.

No changes since Dandex began following this company. For announcements from before then, see Registrations.

Pro for this company

The rows marked Pro on this page hold values in the Pro plan. For Morningtrain ApS, that is:

Credit and debt

Net interest-bearing debt, gearing, NIBD / EBITDA, interest coverage and adjusted equity ratio, for 2021 to 2025.Credit rating, capital loss and filing deadline and punctuality.

Returns and cash flow

EBITDA / gross profit, ROIC, capex % of sales and FCFF / EBITDA, for 2021 to 2025.

Advanced estimates

Control tenure, demand cyclicality, registry and report headcount compared, auditor's report findings and revenue model.

Signals and monitoring

Signals on this company, as Dandex raises them.

See the Pro plan

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Signing rule (tegningsregel)

Selskabet tegnes af en direktørsince 28 Aug 2013

Purpose (formål)

Selskabets formål er at drive virksomhed med computerprogrammering samt enhver i forbindelse hermed stående virksomhed.since 28 Aug 2013

Audit opted out (revision fravalgt)

Nosince 1 Mar 2019

Articles of association last changed (seneste vedtægtsdato)

20 Mar 2026

Share classes (kapitalklasser)

Nosince 16 Oct 2019

Financial year change (omlægning af regnskabsår)

1 May 2015 to 31 Dec 2015

From CVR, read 13 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Name changes

2 in all, 2 in the last 5 years; latest 20 Mar 2026

Address changes

5 in all, none in the last 5 years; latest 11 Dec 2018At the current address for 7.9 years

Status changes

None recorded

Auditor changes

None recordedWith the current audit firm for 7.7 years

From CVR, read 13 Nov 2026. A change is counted each time the registry records a new value, so a corrected address or an audit firm under a new entity counts too.

21 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.

1. 23 Mar 2026
   OtherAddress change

   Vedtægter ændret: 20.03.2026

   Nyt navn: Morningtrain ApS

   Ny adresse: c/o Morningtrain, Rugårdsvej 55A, 1. tv, 5000 Odense C

   Nyt binavn: Mornings ApS

   Slettet binavn: Morningtrain ApS

2. 20 Dec 2023
   OtherAddress change

   Vedtægter ændret: 15.12.2023

   Nyt navn: Mornings ApS

   Ny adresse: c/o Mornings, Rugårdsvej 55A, 1. tv, 5000 Odense C

   Nyt binavn: Morningbound ApS

3. 1 Mar 2023
   People change

   Direktion:

   Tiltrådte:

   Thomas Mailund Østerkjerhuus, (adm. dir), den 01.03.2023.

4. 26 Mar 2020
   People change

   Direktion:

   Fratrådte:

   Karsten Madsen, (adm. dir), den 31.12.2019.

5. 18 Mar 2020
   Other

   Vedtægterne er yderligere ændret

   Vedtægter ændret: 16.10.2019

   Nyt binavn: Morningtrain ApS

6. 17 Oct 2019
   People changeCapital change

   Vedtægter ændret: 16.10.2019

   Kapitalforhøjelsen er besluttet den 16.10.2019.

   kr. 22.400,00, indbetalt kontant, kurs 8.928,57.

   Kapitalen udgør herefter kr. 112.000,00.

   Direktion:

   Fratrådte:

   Teknisk Direktør Bjarne Hansen Bonde, den 16.10.2019, Marketingsdirektør Martin Schadegg Brønniche, den 16.10.2019.

7. 5 Mar 2019
   Audit change

   Vedtægter ændret: 01.03.2019

   Revision:

   Tiltrådte:

   CVR-NR. 35257691 BAKER TILLY DENMARK GODKENDT REVISIONSPARTNERSELSKAB, Hjallesevej 126, 5230 Odense M, den 01.03.2019.

8. 11 Dec 2018
   Address change

   Ny adresse: c/o Morning Train, Rugårdsvej 55A, 1. tv, 5000 Odense C

9. 22 May 2018
   Capital change

   Vedtægter ændret: 22.05.2018

   Kapitalforhøjelsen er besluttet den 22.05.2018.

   kr. 5.600,00, indbetalt kontant, kurs 1.785,72.

   Kapitalen udgør herefter kr. 89.600,00.

10. 8 Aug 2017
    Capital change

    Vedtægter ændret: 01.08.2017

    Kapitalforhøjelsen er besluttet den 01.08.2017.

    kr. 4.000,00, indbetalt kontant, kurs 1.250,00.

    Kapitalen udgør herefter kr. 84.000,00.