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 -7.1 kDKK in 2024. The operating profit was -7.1 kDKK, while net earnings were -575.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent but Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, 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 23.7 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 | -1.97 | -5.81 | -3.55 | -93.43 | -7.13 |
| EBIT | -1.97 | -5.81 | - 303.55 | -93.43 | -7.13 |
| Net earnings | 941.08 | 3 091.21 | 14 804.95 | 1 036.51 | - 575.67 |
| Shareholders equity total | 2 588.98 | 4 867.19 | 17 072.15 | 16 358.66 | 15 157.99 |
| Balance sheet total (assets) | 2 843.93 | 4 875.31 | 17 081.77 | 16 559.26 | 15 167.61 |
| Net debt | - 286.51 | -3 010.80 | -43.95 | -3 416.69 | -14.29 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 41.1 % | 80.4 % | 136.1 % | 8.0 % | 15.1 % |
| ROE | 43.3 % | 82.9 % | 135.0 % | 6.2 % | -3.7 % |
| ROI | 43.5 % | 83.2 % | 136.2 % | 8.0 % | 2.2 % |
| Economic value added (EVA) | -90.61 | - 136.19 | - 548.80 | - 932.46 | - 827.12 |
| Solvency | |||||
| Equity ratio | 91.0 % | 99.8 % | 99.9 % | 98.8 % | 99.9 % |
| Gearing | 0.2 % | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.1 | 373.1 | 22.6 | 17.6 | 23.7 |
| Current ratio | 2.1 | 373.1 | 22.6 | 17.6 | 23.7 |
| Cash and cash equivalents | 292.13 | 3 011.42 | 44.57 | 3 417.31 | 14.91 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | A | BBB |
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