MERCANTIL FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MERCANTIL FINANS ApS
MERCANTIL FINANS ApS (CVR number: 76161615) is a company from AARHUS. The company recorded a gross profit of -88.5 kDKK in 2023. The operating profit was -88.5 kDKK, while net earnings were 794.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.7 %, 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. MERCANTIL FINANS ApS's liquidity measured by quick ratio was 4.8 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 | -56.69 | -65.67 | -55.83 | -55.95 | -88.55 |
EBIT | -56.69 | -65.67 | -55.83 | -55.95 | -88.55 |
Net earnings | -90.74 | 1 144.54 | - 820.06 | 82.52 | 794.31 |
Shareholders equity total | 2 670.09 | 3 759.34 | 2 882.78 | 2 908.09 | 3 643.51 |
Balance sheet total (assets) | 8 085.09 | 9 528.52 | 8 597.78 | 8 926.24 | 9 668.51 |
Net debt | -2 533.79 | -3 984.46 | -2 589.05 | -2 784.43 | -3 585.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | 20.4 % | 3.5 % | 7.6 % | 12.6 % |
ROE | -3.3 % | 35.6 % | -24.7 % | 2.8 % | 24.2 % |
ROI | 2.5 % | 20.7 % | 3.6 % | 7.6 % | 12.6 % |
Economic value added (EVA) | 199.85 | 213.28 | 244.13 | 231.94 | 208.66 |
Solvency | |||||
Equity ratio | 33.0 % | 39.5 % | 33.5 % | 32.6 % | 37.7 % |
Gearing | 202.2 % | 146.3 % | 197.7 % | 206.4 % | 164.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.7 | 6.3 | 5.0 | 4.4 | 4.8 |
Current ratio | 5.7 | 6.3 | 5.0 | 4.4 | 4.8 |
Cash and cash equivalents | 7 933.79 | 9 484.46 | 8 289.05 | 8 787.57 | 9 585.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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