J. MERTZ HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. MERTZ HOLDING A/S
J. MERTZ HOLDING A/S (CVR number: 75633815K) is a company from GULDBORGSUND. The company reported a net sales of 327 mDKK in 2019, demonstrating a growth of 17.9 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 2.1 mDKK), while net earnings were 1052.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. J. MERTZ HOLDING A/S's liquidity measured by quick ratio was 0.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 287.46 | 271.61 | 345.62 | 277.48 | 327.02 |
Gross profit | 44.68 | 35.22 | 46.32 | 38.14 | 44.35 |
EBIT | 3.78 | -8.27 | 2.92 | -5.67 | 2.10 |
Net earnings | 2.41 | -7.31 | 1.85 | -4.99 | 1.05 |
Shareholders equity total | 46.54 | 41.53 | 43.07 | 37.23 | 38.28 |
Balance sheet total (assets) | 131.39 | 148.78 | 151.93 | 148.83 | 138.65 |
Net debt | 23.57 | 43.18 | 31.97 | 43.63 | 37.62 |
Profitability | |||||
EBIT-% | 1.3 % | -3.0 % | 0.8 % | -2.0 % | 0.6 % |
ROA | 3.2 % | -5.3 % | 2.6 % | -3.3 % | 2.0 % |
ROE | 5.3 % | -17.0 % | 4.6 % | -13.1 % | 2.9 % |
ROI | 5.9 % | -8.7 % | 4.2 % | -5.4 % | 3.1 % |
Economic value added (EVA) | -1.00 | -10.37 | -2.52 | -8.83 | -3.10 |
Solvency | |||||
Equity ratio | 35.5 % | 27.9 % | 28.4 % | 25.0 % | 27.6 % |
Gearing | 53.0 % | 112.5 % | 87.4 % | 133.7 % | 110.4 % |
Relative net indebtedness % | 27.5 % | 37.2 % | 28.9 % | 37.4 % | 28.6 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.4 | 0.3 | 0.5 |
Current ratio | 1.7 | 1.4 | 1.3 | 1.2 | 1.3 |
Cash and cash equivalents | 1.08 | 3.54 | 5.69 | 6.16 | 4.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.6 | 25.8 | 18.8 | 21.0 | 29.7 |
Net working capital % | 13.7 % | 9.1 % | 7.0 % | 5.6 % | 5.7 % |
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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