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MERTZ-DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 31893909
Tyge Rothes Vej 3, 5230 Odense M
Free credit report Annual report

Credit rating

Company information

Official name
MERTZ-DESIGN ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About MERTZ-DESIGN ApS

MERTZ-DESIGN ApS (CVR number: 31893909) is a company from ODENSE. The company recorded a gross profit of -18.3 kDKK in 2024. The operating profit was -118.3 kDKK, while net earnings were -100 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MERTZ-DESIGN ApS's liquidity measured by quick ratio was 4.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit423.47539.72193.95115.30-18.25
EBIT3.5445.1547.0943.30- 118.25
Net earnings-0.072.5928.1331.36- 100.05
Shareholders equity total1 205.001 207.591 235.721 267.081 167.03
Balance sheet total (assets)1 977.391 890.001 595.421 524.961 453.02
Net debt-1 782.57-1 608.32-1 380.31-1 195.21-1 060.92
Profitability
EBIT-%
ROA1.1 %2.3 %2.8 %2.8 %-7.9 %
ROE-0.0 %0.2 %2.3 %2.5 %-8.2 %
ROI1.7 %3.7 %3.9 %3.3 %-8.8 %
Economic value added (EVA)-57.01-15.40-24.01-28.38- 162.13
Solvency
Equity ratio60.9 %63.9 %77.5 %83.1 %80.3 %
Gearing9.6 %10.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.64.25.44.4
Current ratio2.62.84.45.95.1
Cash and cash equivalents1 782.571 608.321 380.311 316.751 182.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-7.94%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.3%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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