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Morningstar Danmark A/S

Public limited companyCVR 26258448København VActive

Morningstar Danmark A/S is a public limited company, based in København V, active in it infrastructure, data processing, hosting and related activities, founded in 2001. Net profit rose 50% from 2024 to 2025, ending at DKK 5.6m. Profit has grown three years in a row. Equity grew to DKK 38.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 12.8m+2.7% vs. 2024
Net profitDKK 5.6m+50.4% vs. 2024
EquityDKK 38.4m+17% vs. 2024
Employees7latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 3% (2024 → 2025), to DKK 12.8m.
  • Net profit rose 50% (2024 → 2025), to DKK 5.6m.
  • Equity rose 17% (2024 → 2025), to DKK 38.4m.

Employees

  • 2 fewer employees than a year earlier: 7 (08/2026) against 9 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to IT infrastructure, data processing, hosting and related activities (631000)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35mDKK 40m202020212022202320242025
EquityNet profit
Financial figures for Morningstar Danmark A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit6,9346,63613,34217,48312,43612,777+2.7%
Operating profit (EBIT)2,8382,0582,4752,9203,589––
Profit before tax3,1181,5952,3323,8094,7507,182+51.2%
Net profit2,4261,2411,8192,9683,7035,571+50.4%
Total assets42,32741,32539,39542,55770,90071,109+0.3%
Equity23,08624,32726,14529,11332,81638,387+17%
Liabilities19,24116,99813,25013,44438,08432,722−14.1%
Cash and cash equivalents23,44121,90415,89918,74131,01447,562+53.4%
Average number of employees67140118−27.3%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
Gross profitMedian, the industry (214 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 27% from 11 in 2024 to 8 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Morningstar Danmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202418/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202314/08/2024The companyPDFXBRL
202201/01/2022 – 31/12/202213/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202115/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202006/07/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
0246810121416182009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

214 companies in the database

Comparison with the other companies in it infrastructure, data processing, hosting and related activities based on the latest financial year.

Gross profitDKK 12.8mNo. 64 of 213
Better than 70% of the companies in the industry
EquityDKK 38.4mNo. 33 of 214
Better than 85% of the companies in the industry
Number of employees7No. 79 of 214
Better than 63% of the companies in the industry

Industry median: gross profit DKK 3.7m, net profit DKK 274k, equity DKK 1.9m, 5 employees.

DKK 100kDKK 1.2mDKK 14.1mDKK 166.8mDKK 867.6mHere
Distribution of gross profit for 195 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 3,163of 69,742
Better than 95%
No. 3,766of 69,964
Better than 95%
Same industry and fewer than 20 employees168 companies in the comparison
No. 25of 168
Better than 86%
No. 10of 168
Better than 95%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 4,917of 24,791
Better than 80%
No. 2,858of 24,909
Better than 89%
All companies of type A/S18,025 companies in the comparison
No. 7,888of 17,786
Better than 56%
No. 4,258of 18,024
Better than 76%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

IT infrastructure, data processing, hosting and related activities
Gross profit
  1. Morningstar Danmark A/SDKK 12.8m
  2. Cassin Networks ApSDKK 2bn
  3. Dapsi International ApSDKK 1bn
Net profit
  1. Morningstar Danmark A/SDKK 5.6m
  2. Cassin Networks ApSDKK 184.1m
  3. Dapsi International ApSDKK 33.1m
Equity
  1. Morningstar Danmark A/SDKK 38.4m
  2. Cassin Networks ApSDKK 16.5bn
  3. Dapsi International ApSDKK 4.5bn
Employees
  1. Morningstar Danmark A/S7
  2. Cassin Networks ApS64
  3. Dapsi International ApS49

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Morningstar Danmark Holding ApS100%
Morningstar Danmark A/S

Management

4 active registrations

Executive management

Executive management at Morningstar Danmark A/S
NameRoleAppointed
Per MattssonCEO30/07/2018

Board of directors

Board of directors at Morningstar Danmark A/S
NameRoleAppointed
Per MattssonBoard member07/06/2018
Ketil MyhrvoldBoard member07/06/2018
Mark John RoomansChair of the board20/10/2020
Founders
Phosphorus A/S
Former management (13)
Former management at Morningstar Danmark A/S
NameRoleAppointedResigned
Søren Jakob Anker-LadefogedBoard member17/09/200101/07/2010
Peter MeyerDirector17/09/200129/12/2017
Søren HougaardBoard member17/09/200101/06/2009
Tormod Hans Petter FjaremBoard member17/09/200104/05/2006
Sylvester John FloodBoard member17/09/200129/02/2008
Bevin DesmondBoard member04/05/200607/06/2018
Jane JenkinsBoard member29/02/200830/10/2008
Craig EllisBoard member30/10/200807/06/2018
Henning Peter Juel SchiøttBoard member02/10/200901/07/2010
Richard Scott CooleyBoard member01/07/201026/07/2013
Mark John RoomansBoard member26/07/201307/06/2018
Nikolaj Holdt MikkelsenDirector29/12/201730/07/2018
Mark OrmesChair of the board07/06/201820/10/2020

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer eller en direktør sammen med et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

1 active production units

Vester Farimagsgade 19
1606 København V

København Municipality · Postcode 1606

Other companies at the address (6)

Production units
Production unitAddressEmployeesP number
MORNINGSTAR DANMARK A/SVester Farimagsgade 19, 1606 København V71008698933

Purpose

Selskabets formål er at drive analyse- og informationsvirksomhed indenfor den finansielle sektor samt al virksomhed som efter bestyrelsens skøn har forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

49 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to IT infrastructure, data processing, hosting and related activities (631000)
20242 changesaccounts 1 · address 1
  • Annual report for 2023 published
  • Moved to Vester Farimagsgade 19, 1606 København V
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20213 changesaccounts 1 · address 2
  • Annual report for 2020 published
  • Moved to Gammel Kongevej 60, 18, 1850 Frederiksberg C
  • Moved to Gammel Kongevej 60, 18, 1850 Frederiksberg C
20202 changesmanagement 2
  • Mark John Roomans appointed chair of the board
  • Mark Ormes stepped down as chair of the board
20188 changesmanagement 8
  • Per Mattsson appointed ceo
  • Nikolaj Holdt Mikkelsen stepped down as director
  • Ketil Myhrvold appointed board member
  • Per Mattsson appointed board member
  • Mark Ormes appointed chair of the board
  • Mark John Roomans stepped down as board member
  • Craig Ellis stepped down as board member
  • Bevin Desmond stepped down as board member
20172 changesmanagement 2
  • Nikolaj Holdt Mikkelsen appointed director
  • Peter Meyer stepped down as director
20132 changesmanagement 2
  • Mark John Roomans appointed board member
  • Richard Scott Cooley stepped down as board member
20106 changesmanagement 3 · ownership 3
  • Richard Scott Cooley appointed board member
  • Henning Peter Juel Schiøtt stepped down as board member
  • Søren Jakob Anker-Ladefoged stepped down as board member
  • Morningstar Europe B.V. registered as owner (100%)
  • Morningstar Europe B.V. is no longer registered as owner
  • MORNINGSTAR DANMARK HOLDING ApS registered as owner (100%)
20092 changesmanagement 2
  • Henning Peter Juel Schiøtt appointed board member
  • Søren Hougaard stepped down as board member
20086 changesaddress 1 · management 4 · industry 1
  • Moved to Lautrupsgade 7, 6. th, 2100 København Ø
  • Craig Ellis appointed board member
  • Jane Jenkins stepped down as board member
  • Jane Jenkins appointed board member
  • Sylvester John Flood stepped down as board member
  • Industry changed to Databehandling, webhosting og lignende serviceydelser (631100)
20063 changesmanagement 2 · capital 1
  • Bevin Desmond appointed board member
  • Tormod Hans Petter Fjarem stepped down as board member
  • Share capital changed from 4,795,500 DKK to 2,000,000 DKK
20031 changeindustry 1
  • Industry changed to Databaseværter og -formidlere (724000)
20017 changesaddress 1 · founded 1 · management 5
  • Moved to Pilestræde 48, 1, 1112 København K
  • Registered as MORNINGSTAR DANMARK A/S
  • Søren Hougaard appointed board member
  • Søren Jakob Anker-Ladefoged appointed board member
  • Peter Meyer appointed director
  • Sylvester John Flood appointed board member
  • Tormod Hans Petter Fjarem appointed board member

Related companies

Same industry in København

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Same people in management

Largest in the industry

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Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVRReport a correction