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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
Free credit report Annual report

Income statement (kDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales
Gross profit3 441.003 709.003 029.023 482.033 465.16
Employee benefit expenses-3 087.00-3 263.00-2 795.66-3 143.49-3 398.92
Total depreciation- 149.00- 168.00- 185.04- 178.40- 174.63
EBIT205.00278.0048.32160.15- 108.39
Other financial income1.007.002.190.501.10
Other financial expenses-30.00-73.00-77.43-67.62-70.53
Pre-tax profit176.00212.00-26.9293.02- 177.82
Income taxes-39.00-52.000.88-28.4235.99
Net earnings137.00160.00-26.0464.60- 141.82

Assets (kDKK)

2021
2022
2023
2024
2025
Intangible assets total
Buildings3.00
Machinery and equipment662.00950.00764.70586.30811.43
Tangible assets total665.00950.00764.70586.30811.43
Investments total
Long term receivables total
Raw materials and consumables633.68654.95664.82
Finished products/goods639.00672.00
Inventories total639.00672.00633.68654.95664.82
Current trade debtors1 095.00631.00739.97791.95603.74
Current other receivables655.00558.00533.77430.05576.00
Short term receivables total1 750.001 189.001 273.741 222.011 179.74
Cash and bank deposits26.0012.0014.1121.3913.05
Cash and cash equivalents26.0012.0014.1121.3913.05
Balance sheet total (assets)3 080.002 823.002 686.232 484.652 669.04

Equity and liabilities (kDKK)

2021
2022
2023
2024
2025
Share capital500.00500.00500.00500.00500.00
Shares repurchased250.00150.00
Retained earnings- 127.00- 140.0018.73-7.3157.30
Profit of the financial year137.00160.00-26.0464.60- 141.82
Shareholders equity total760.00670.00492.69557.30415.47
Provisions95.00124.00123.0872.8936.89
Non-current leasing loans249.00474.00388.63212.85446.80
Non-current other liabilities249.00474.00
Non-current liabilities total498.00948.00388.63212.85446.80
Current loans from credit institutions95.00517.00633.29524.55627.70
Current trade creditors345.00269.00290.30249.09356.61
Current owed to participating0.450.200.21
Current owed to group member262.0013.0039.7011.8287.62
Short-term deferred tax liabilities31.0023.0078.61
Other non-interest bearing current liabilities1 243.00733.00718.10777.34697.74
Current liabilities total1 976.001 555.001 681.841 641.611 769.88
Balance sheet total (liabilities)3 329.003 297.002 686.232 484.652 669.04
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