Mertins Holding 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mertins Holding 2 ApS
Mertins Holding 2 ApS (CVR number: 30352556) is a company from HVIDOVRE. The company recorded a gross profit of -5.8 kDKK in 2024. The operating profit was -5.8 kDKK, while net earnings were -228.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was -2.6 %, 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 2 ApS's liquidity measured by quick ratio was 11.1 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 | -0.83 | -3.40 | -4.84 | -99.91 | -5.85 |
| EBIT | -0.83 | -3.40 | -4.84 | -99.91 | -5.85 |
| Net earnings | 197.72 | 798.01 | 7 284.77 | 514.48 | - 228.87 |
| Shareholders equity total | 362.94 | 1 160.95 | 8 445.72 | 8 960.20 | 8 731.33 |
| Balance sheet total (assets) | 371.52 | 1 168.60 | 8 454.87 | 9 111.02 | 8 742.15 |
| Net debt | 0.81 | - 676.67 | -20.38 | -48.59 | -11.15 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 75.0 % | 208.1 % | 151.2 % | 7.7 % | 5.5 % |
| ROE | 74.9 % | 104.7 % | 151.7 % | 5.9 % | -2.6 % |
| ROI | 75.7 % | 209.8 % | 151.5 % | 7.7 % | 3.0 % |
| Economic value added (EVA) | -9.31 | -21.82 | -63.19 | - 505.56 | - 457.44 |
| Solvency | |||||
| Equity ratio | 97.7 % | 99.3 % | 99.9 % | 98.3 % | 99.9 % |
| Gearing | 1.0 % | 0.0 % | 0.0 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.3 | 89.1 | 6.5 | 0.5 | 11.1 |
| Current ratio | 0.3 | 89.1 | 6.5 | 0.5 | 11.1 |
| Cash and cash equivalents | 2.78 | 676.67 | 20.38 | 48.74 | 11.30 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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