MERTZ ELECTRIC A/S — Credit Rating and Financial Key Figures

CVR number: 28863802
Strand Allé 25, Seden 5240 Odense NØ
mertzel@mertzel.dk
tel: 66108585
www.mertzel.dk

Credit rating

Company information

Official name
MERTZ ELECTRIC A/S
Personnel
10 persons
Established
2005
Domicile
Seden
Company form
Limited company
Industry

About MERTZ ELECTRIC A/S

MERTZ ELECTRIC A/S (CVR number: 28863802) is a company from ODENSE. The company recorded a gross profit of 3482 kDKK in 2024. The operating profit was 160.1 kDKK, while net earnings were 64.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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. MERTZ ELECTRIC A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 004.003 441.003 709.003 029.023 482.03
EBIT178.00205.00278.0048.32160.15
Net earnings109.00137.00160.00-26.0464.60
Shareholders equity total623.00760.00670.00492.69557.30
Balance sheet total (assets)2 977.003 080.002 823.002 686.232 484.65
Net debt122.00331.00518.00659.32515.18
Profitability
EBIT-%
ROA6.4 %6.8 %9.7 %1.8 %6.2 %
ROE16.0 %19.8 %22.4 %-4.5 %12.3 %
ROI12.5 %15.4 %17.5 %2.9 %10.5 %
Economic value added (EVA)94.36146.11172.9313.6987.17
Solvency
Equity ratio20.7 %22.8 %20.3 %18.3 %22.4 %
Gearing76.6 %47.0 %79.1 %136.7 %96.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.90.80.80.8
Current ratio1.11.21.21.11.2
Cash and cash equivalents355.0026.0012.0014.1121.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.21%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.4%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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