KARL MERTZ HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 43927515
Stenstrupvej 2, 4990 Sakskøbing

Company information

Official name
KARL MERTZ HOLDING A/S
Personnel
4 persons
Established
1972
Company form
Limited company
Industry

About KARL MERTZ HOLDING A/S

KARL MERTZ HOLDING A/S (CVR number: 43927515K) is a company from GULDBORGSUND. The company recorded a gross profit of 55.3 mDKK in 2024. The operating profit was 6289.6 kDKK, while net earnings were 2196.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36 %, 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. KARL MERTZ HOLDING A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit49 553.8646 600.0954 069.2157 987.0255 274.05
EBIT8 584.006 591.1611 268.3112 490.886 289.58
Net earnings5 616.404 514.808 150.277 507.382 196.31
Shareholders equity total50 012.6552 527.4557 677.7261 185.1061 381.41
Balance sheet total (assets)143 290.38129 093.33146 419.21187 732.90170 484.59
Net debt31 146.2128 850.9815 210.8736 177.7339 666.67
Profitability
EBIT-%
ROA6.1 %4.9 %8.3 %7.5 %4.1 %
ROE11.9 %8.8 %14.8 %12.6 %3.6 %
ROI10.2 %7.8 %13.7 %13.9 %7.0 %
Economic value added (EVA)3 826.942 120.845 711.506 463.791 803.34
Solvency
Equity ratio34.9 %40.7 %39.4 %32.7 %36.0 %
Gearing62.4 %55.1 %26.8 %59.2 %64.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.70.50.30.4
Current ratio1.51.61.61.41.6
Cash and cash equivalents52.95106.92275.3139.61142.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.07%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.0%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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