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

CVR number: 75633815
Holger Brodthagensvej 6, 4800 Nykøbing F

Company information

Official name
J. MERTZ HOLDING A/S
Established
1984
Company form
Limited company
Industry

About J. MERTZ HOLDING A/S

J. MERTZ HOLDING A/S (CVR number: 75633815) is a company from GULDBORGSUND. The company recorded a gross profit of 255.1 kDKK in 2023. The operating profit was 255.1 kDKK, while net earnings were -880.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J. MERTZ HOLDING A/S's liquidity measured by quick ratio was 4.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales272.44
Gross profit-85.15-93.98- 159.34- 106.89255.11
EBIT- 160.15- 243.99- 159.34- 121.79255.11
Net earnings1 034.403 709.422 362.37- 588.29- 880.70
Shareholders equity total36 608.5839 568.0141 180.3839 592.0934 211.39
Balance sheet total (assets)38 079.3841 376.1944 503.9542 756.5337 927.87
Net debt-3 842.18-3 201.62-12 265.60-13 856.27-11 324.59
Profitability
EBIT-%-58.8 %
ROA2.9 %9.6 %5.7 %-1.0 %0.8 %
ROE2.9 %9.7 %5.9 %-1.5 %-2.4 %
ROI2.9 %9.6 %5.7 %-1.0 %0.8 %
Economic value added (EVA)123.66102.97379.056.34371.65
Solvency
Equity ratio96.1 %95.6 %92.5 %92.6 %90.2 %
Gearing0.0 %3.1 %7.9 %7.6 %9.8 %
Relative net indebtedness %-1397.4 %
Liquidity
Quick ratio206.34.56.66.54.7
Current ratio206.34.56.66.54.7
Cash and cash equivalents3 845.114 444.6015 517.4216 880.7114 674.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1643.0 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:0.76%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.2%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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