KARL MERTZ A/S

CVR 10810876 · Public limited company (A/S) · Active · Low risk

KARL MERTZ A/S is a Public limited company (A/S), founded on , based in Sakskøbing. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Nov 2025) shows equity of DKK 42.6m and a net result of DKK -7.2m. CEO: Jesper Ulrik Mertz.

Bankruptcy risk for KARL MERTZ A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
10810876
Status
Active
Company type
Public limited company (A/S)
Founded
(39 years)
Address
Stenstrupvej 2
4990 Sakskøbing
Municipality
Guldborgsund
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.0m
Employees
52 (2018)
Auditor
AAGE MAAGENSEN STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio29.7%
Current ratio139%
Moves (last 2 years)0
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 40.2mDKK 52.9m
Net profitDKK -7.2mDKK 885k
EquityDKK 42.6mDKK 49.8m
Total assetsDKK 143.5mDKK 156.1m
CashDKK 50k–
Short-term debtDKK 96.5m–
Avg. employees51–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · aage maagensenstatsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Dec 2024 – 30 Nov 2025136
1 Dec 2023 – 30 Nov 2024145
1 Dec 2022 – 30 Nov 2023145
1 Dec 2021 – 30 Nov 2022124
1 Dec 2020 – 30 Nov 2021150
1 Dec 2019 – 30 Nov 2020128
1 Dec 2018 – 30 Nov 2019130
1 Dec 2017 – 30 Nov 2018105
1 Dec 2016 – 30 Nov 2017116
1 Dec 2015 – 30 Nov 2016121
1 Dec 2014 – 30 Nov 2015128
1 Dec 2013 – 30 Nov 201494
1 Dec 2012 – 30 Nov 2013137
1 Dec 2011 – 30 Nov 2012136
1 Dec 2010 – 30 Nov 2011145
1 Dec 2009 – 30 Nov 2010135
1 Dec 2008 – 30 Nov 2009146
1 Dec 2007 – 30 Nov 2008150
1 Dec 2006 – 30 Nov 2007142
1 Dec 2005 – 30 Nov 2006147

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOJesper Ulrik MertzCurrent
CEOKnud Verner Mertz
CEOMorten Mertz
CEOPer Emil Hasselbalch Stakemann
CEOSøren Jørgensen
CEORene Jensen
BoardMorten MertzCurrent
BoardJesper Ulrik MertzCurrent
BoardKim FrimannCurrent
BoardHenrik Johan SeverinCurrent
BoardKnud Verner Mertz
BoardJens Victor Ødegaard
BoardSøren Jørgensen
BoardErnst Mertz
BoardFlemming Boye
BoardLars Hindsgaul Stuckert
Owner (100%)KARL MERTZ HOLDING A/SCurrent
AuditorAAGE MAAGENSEN STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
AuditorErik Tronborg Andersen
FounderVX 10.312 ApSCurrent

The CEOs' other companies

Jesper Ulrik Mertz – 3 other companies

Knud Verner Mertz – 1 other companies

Morten Mertz – 3 other companies

Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt

Søren Jørgensen – 2 other companies

Rene Jensen – 2 other companies

Address history (1 moves)

Stenstrupvej 2, 4990 Sakskøbing
Stenstrupvej 2, 4990 Sakskøbing

Former names

KARL MERTZ A/S – now
STENSTRUP HANDELSSELSKAB ApS –
FORTSCHRITT HØSTMASKINER ApS –
SAKSKØBING MASKINFORRETNING ApS –
ApS KBUS 8 NR. 2402 –

Employees per year

Number of employees at KARL MERTZ A/S per year27542011: 3820112012: 3920122013: 5020132014: 5020142015: 4920152016: 5120162017: 5420172018: 522018

Other companies at the same address

Similar companies in Guldborgsund

Questions and answers about KARL MERTZ A/S

Has KARL MERTZ A/S gone bankrupt?

No, KARL MERTZ A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KARL MERTZ A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of KARL MERTZ A/S?

Jesper Ulrik Mertz is the CEO of KARL MERTZ A/S.

Who is the auditor of KARL MERTZ A/S?

KARL MERTZ A/S most recently used AAGE MAAGENSEN STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was KARL MERTZ A/S founded?

KARL MERTZ A/S was founded on 1 June 1987.

What is the equity of KARL MERTZ A/S?

Equity was DKK 42.6m according to the annual report for the period ending 30 November 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.