MERTINS HOLDING 1 ApS — Credit Rating and Financial Key Figures

CVR number: 29540977
Svendebjergvej 11, 2650 Hvidovre

Company information

Official name
MERTINS HOLDING 1 ApS
Established
2006
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings377.70941.083 091.2114 804.951 036.51
Shareholders equity total1 758.502 588.984 867.1917 072.1516 358.66
Balance sheet total (assets)1 764.132 843.934 875.3117 081.7716 559.26
Net debt- 289.27- 286.51-3 010.80-43.95-3 416.69
Profitability
EBIT-%
ROA18.6 %41.1 %80.4 %136.1 %8.0 %
ROE24.1 %43.3 %82.9 %135.0 %6.2 %
ROI20.5 %43.5 %83.2 %136.2 %8.0 %
Economic value added (EVA)37.378.3834.42- 276.81- 930.19
Solvency
Equity ratio99.7 %91.0 %99.8 %99.9 %98.8 %
Gearing0.3 %0.2 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio52.42.1373.122.617.6
Current ratio52.42.1373.122.617.6
Cash and cash equivalents294.89292.133 011.4244.573 417.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:7.96%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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