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MERTZ-DESIGN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 423.47 | 539.72 | 193.95 | 115.30 | -18.25 |
| EBIT | 3.54 | 45.15 | 47.09 | 43.30 | - 118.25 |
| Net earnings | -0.07 | 2.59 | 28.13 | 31.36 | - 100.05 |
| Shareholders equity total | 1 205.00 | 1 207.59 | 1 235.72 | 1 267.08 | 1 167.03 |
| Balance sheet total (assets) | 1 977.39 | 1 890.00 | 1 595.42 | 1 524.96 | 1 453.02 |
| Net debt | -1 782.57 | -1 608.32 | -1 380.31 | -1 195.21 | -1 060.92 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.1 % | 2.3 % | 2.8 % | 2.8 % | -7.9 % |
| ROE | -0.0 % | 0.2 % | 2.3 % | 2.5 % | -8.2 % |
| ROI | 1.7 % | 3.7 % | 3.9 % | 3.3 % | -8.8 % |
| Economic value added (EVA) | -57.01 | -15.40 | -24.01 | -28.38 | - 162.13 |
| Solvency | |||||
| Equity ratio | 60.9 % | 63.9 % | 77.5 % | 83.1 % | 80.3 % |
| Gearing | 9.6 % | 10.4 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.5 | 2.6 | 4.2 | 5.4 | 4.4 |
| Current ratio | 2.6 | 2.8 | 4.4 | 5.9 | 5.1 |
| Cash and cash equivalents | 1 782.57 | 1 608.32 | 1 380.31 | 1 316.75 | 1 182.47 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | BBB | BBB |
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