MERTINS HOLDING 1 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MERTINS HOLDING 1 ApS
MERTINS HOLDING 1 ApS (CVR number: 29540977) is a company from HVIDOVRE. The company recorded a gross profit of -93.4 kDKK in 2023. The operating profit was -93.4 kDKK, while net earnings were 1036.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MERTINS HOLDING 1 ApS's liquidity measured by quick ratio was 17.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.34 | -1.97 | -5.81 | -3.55 | -93.42 |
EBIT | -68.29 | -1.97 | -5.81 | - 303.55 | -93.42 |
Net earnings | 377.70 | 941.08 | 3 091.21 | 14 804.95 | 1 036.51 |
Shareholders equity total | 1 758.50 | 2 588.98 | 4 867.19 | 17 072.15 | 16 358.66 |
Balance sheet total (assets) | 1 764.13 | 2 843.93 | 4 875.31 | 17 081.77 | 16 559.26 |
Net debt | - 289.27 | - 286.51 | -3 010.80 | -43.95 | -3 416.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.6 % | 41.1 % | 80.4 % | 136.1 % | 8.0 % |
ROE | 24.1 % | 43.3 % | 82.9 % | 135.0 % | 6.2 % |
ROI | 20.5 % | 43.5 % | 83.2 % | 136.2 % | 8.0 % |
Economic value added (EVA) | 37.37 | 8.38 | 34.42 | - 276.81 | - 930.19 |
Solvency | |||||
Equity ratio | 99.7 % | 91.0 % | 99.8 % | 99.9 % | 98.8 % |
Gearing | 0.3 % | 0.2 % | 0.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 52.4 | 2.1 | 373.1 | 22.6 | 17.6 |
Current ratio | 52.4 | 2.1 | 373.1 | 22.6 | 17.6 |
Cash and cash equivalents | 294.89 | 292.13 | 3 011.42 | 44.57 | 3 417.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | A |
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