Mert ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mert ApS
Mert ApS (CVR number: 40388370) is a company from HVIDOVRE. The company recorded a gross profit of 189.6 kDKK in 2024. The operating profit was -4.2 kDKK, while net earnings were -5.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Mert ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 98.27 | ||||
Gross profit | -25.55 | 128.38 | 351.99 | 389.61 | 189.62 |
EBIT | 19.04 | - 103.77 | 70.10 | 57.00 | -4.24 |
Net earnings | 14.59 | -80.94 | 54.57 | 44.46 | -5.29 |
Shareholders equity total | 44.07 | 1.63 | 56.20 | 100.66 | 95.37 |
Balance sheet total (assets) | 165.13 | 220.82 | 187.17 | 177.11 | 125.85 |
Net debt | 35.81 | -38.50 | 0.16 | -4.49 | -7.45 |
Profitability | |||||
EBIT-% | 19.4 % | ||||
ROA | 11.8 % | -53.8 % | 34.4 % | 31.3 % | -2.8 % |
ROE | 39.7 % | -354.2 % | 188.7 % | 56.7 % | -5.4 % |
ROI | 20.1 % | -254.6 % | 241.8 % | 72.6 % | -4.3 % |
Economic value added (EVA) | 11.50 | -84.96 | 54.60 | 41.62 | -9.30 |
Solvency | |||||
Equity ratio | 26.7 % | 0.7 % | 30.0 % | 56.8 % | 75.8 % |
Gearing | 81.2 % | 0.3 % | |||
Relative net indebtedness % | 123.2 % | ||||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.8 | 1.2 | |
Current ratio | 0.4 | 0.4 | 0.8 | 1.2 | |
Cash and cash equivalents | 38.50 | 4.49 | 7.45 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -123.2 % | ||||
Credit risk | |||||
Credit rating | BB | B | B | B | BB |
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