Merkle Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Merkle Denmark A/S
Merkle Denmark A/S (CVR number: 25533267) is a company from KØBENHAVN. The company reported a net sales of 246.6 mDKK in 2024, demonstrating a decline of -32.3 % compared to the previous year. The operating profit percentage was poor at -8.2 % (EBIT: -20.2 mDKK), while net earnings were -15.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -30.8 %, which can be considered poor and Return on Equity (ROE) was -67.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Merkle Denmark A/S's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 249.02 | 323.24 | 394.82 | 364.45 | 246.64 |
Gross profit | 191.81 | 250.34 | 253.78 | 241.15 | 174.12 |
EBIT | 191.81 | 250.34 | 253.78 | 22.72 | -20.21 |
Net earnings | 46.95 | 67.60 | 42.45 | 18.03 | -15.75 |
Shareholders equity total | 63.74 | 84.39 | 59.24 | 34.82 | 11.58 |
Balance sheet total (assets) | 143.58 | 181.91 | 161.32 | 67.20 | 62.92 |
Net debt | -2.36 | 28.23 | |||
Profitability | |||||
EBIT-% | 77.0 % | 77.4 % | 64.3 % | 6.2 % | -8.2 % |
ROA | 150.6 % | 153.8 % | 147.9 % | 21.3 % | -30.8 % |
ROE | 77.3 % | 91.3 % | 59.1 % | 38.3 % | -67.9 % |
ROI | 150.6 % | 153.8 % | 147.9 % | 23.7 % | -46.5 % |
Economic value added (EVA) | 188.91 | 247.14 | 249.54 | 14.65 | -17.78 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 52.8 % | 20.1 % |
Gearing | 27.1 % | 261.4 % | |||
Relative net indebtedness % | 5.6 % | 20.0 % | |||
Liquidity | |||||
Quick ratio | 2.0 | 1.3 | |||
Current ratio | 1.9 | 1.1 | |||
Cash and cash equivalents | 11.79 | 2.02 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.2 | 58.2 | |||
Net working capital % | 7.9 % | 2.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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