Owners, management and financials
CVR: 10810876
Previous names: ApS KBUS 8 NR. 2402, SAKSKØBING MASKINFORRETNING ApS, FORTSCHRITT HØSTMASKINER ApS
DKK 40,233,950
Gross profit
Net result: DKK -7,161,876
KARL MERTZ HOLDING A/S (100%)
CVR · view owners
Jesper Ulrik Mertz
Board: 4 members
CVR · view management
Active
Founded 1 June 1987
CVR · view overview
59 employees
CVR · 2026
Director registered: Jesper Ulrik Mertz
CVR · 25/11/2025
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KARL MERTZ A/S is a Danish company of the type Aktieselskab based in Sakskøbing, founded in 1987. The company is registered under the industry Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. The company was previously named STENSTRUP HANDELSSELSKAB ApS and FORTSCHRITT HØSTMASKINER ApS. The management consists of Jesper Ulrik Mertz. The board consists of Henrik Johan Severin, Jesper Ulrik Mertz, Kim Frimann and Morten Mertz. The company is owned by KARL MERTZ HOLDING A/S. The company has 59 employees (2026). In 2025, the company reported a gross profit of DKK 40,233,950 and a net result of DKK -7,161,876 compared with DKK 885,330 the year before. Equity in the 2025 report amounted to DKK 42,621,677.
Source: annual report 2025, Danish Business Authority
The financial health of KARL MERTZ A/S appears to be under pressure, as evidenced by a significant loss of 7,161,876 DKK in 2025, following a profitable trend in previous years. Gross profit has fluctuated, peaking at 55,640,793 DKK in 2023, but the decline in profitability raises concerns about operational efficiency and market conditions. Despite this, the company maintains a solid equity position of 42,621,677 DKK, indicating a buffer against financial instability. Overall, while the company has shown resilience in gross profit margins over the past few years, the recent downturn in profitability suggests potential challenges ahead in maintaining its position within the agricultural machinery and equipment wholesale industry.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at drive handel med og reparation af maskiner og redskaber samt hermed tilknyttet virksomhed
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/12/2024 – 30/11/2025 | 40.2 mio. | -7.2 mio. | 143.5 mio. | 42.6 mio. | 51 | |
| 202401/12/2023 – 30/11/2024 | 52.9 mio. | 885 t. | 156.1 mio. | 49.8 mio. | 71 | |
| 202301/12/2022 – 30/11/2023 | 55.6 mio. | 6.5 mio. | 172.4 mio. | 48.9 mio. | 70 | |
| 202201/12/2021 – 30/11/2022 | 51.9 mio. | 7.2 mio. | 129.5 mio. | 45.4 mio. | 68 | |
| 202101/12/2020 – 30/11/2021 | 44.6 mio. | 3.5 mio. | 111.9 mio. | 40.3 mio. | 68 | |
| 202001/12/2019 – 30/11/2020 | 46.8 mio. | 4.6 mio. | 126 mio. | 36.8 mio. | 70 | |
| 201901/12/2018 – 30/11/2019 | 38.5 mio. | 531 t. | 125.7 mio. | 32.2 mio. | 70 | |
| 201801/12/2017 – 30/11/2018 | 30.8 mio. | 2 mio. | 88.2 mio. | 31.7 mio. | 59 | |
| 201701/12/2016 – 30/11/2017 | 30.5 mio. | 2.1 mio. | 92.2 mio. | 29.7 mio. | 51 | |
| 201601/12/2015 – 30/11/2016 | 25.7 mio. | 1.2 mio. | 72.7 mio. | 27.6 mio. | 50 | |
| 201501/12/2014 – 30/11/2015 | 31.2 mio. | 4.2 mio. | 75.1 mio. | 30.4 mio. | 51 | |
| 201401/12/2013 – 30/11/2014 | 30.7 mio. | 4 mio. | 0 | 0 | - | |
| 201301/12/2012 – 30/11/2013 | 31.2 mio. | 5.8 mio. | 0 | 0 | - |
Compared to 397 companies in Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
1 public tender won
Sources: TED (the EU tender database) and udbud.dk
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Set up monitoringThe CVR number of KARL MERTZ A/S is 10810876.
KARL MERTZ A/S is owned by KARL MERTZ HOLDING A/S.
The management of KARL MERTZ A/S consists of Jesper Ulrik Mertz.
The board of KARL MERTZ A/S consists of Henrik Johan Severin, Jesper Ulrik Mertz and Kim Frimann.
In 2025, KARL MERTZ A/S reported a gross profit of DKK 40,233,950.
KARL MERTZ A/S had 59 employees in 2026 according to the Danish CVR register.
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KARL MERTZ A/S has published its annual report for 2025. Gross profit came to DKK 40,233,950, and the net result was DKK -7,161,876.
As of November 25, 2025, Jesper Ulrik Mertz is registered as director of KARL MERTZ A/S.
As of November 25, 2025, Rene Jensen has stepped down as director of KARL MERTZ A/S.
KARL MERTZ A/S has won the tender "50.86 Biler" issued by Staten og Kommunernes Indkøbsservice A/S worth 29,453,648 DKK.
KARL MERTZ A/S has published its annual report for 2024. Gross profit came to DKK 52,939,977, and the net result was DKK 885,330.
KARL MERTZ A/S has published its annual report for 2023. Gross profit came to DKK 55,640,793, and the net result was DKK 6,483,469.
As of December 1, 2023, Rene Jensen is registered as director of KARL MERTZ A/S.
As of December 1, 2023, Anders Hansen has stepped down as adm. dir. of KARL MERTZ A/S.
KARL MERTZ A/S has published its annual report for 2022. Gross profit came to DKK 51,912,269, and the net result was DKK 7,151,406.
As of March 29, 2023, Henrik Johan Severin has joined the board of directors of KARL MERTZ A/S.
As of March 29, 2023, Lars Hindsgaul Stuckert has left the board of directors of KARL MERTZ A/S.
KARL MERTZ A/S has published its annual report for 2021. Gross profit came to DKK 44,551,570, and the net result was DKK 3,493,203.
KARL MERTZ A/S has published its annual report for 2020. Gross profit came to DKK 46,820,120, and the net result was DKK 4,569,922.
KARL MERTZ A/S has published its annual report for 2019. Gross profit came to DKK 38,542,245, and the net result was DKK 530,649.
As of July 31, 2019, Anders Hansen is registered as adm. dir. of KARL MERTZ A/S.
As of July 31, 2019, Jesper Ulrik Mertz has stepped down as adm. dir. of KARL MERTZ A/S.
As of June 13, 2019, Jesper Ulrik Mertz is registered as adm. dir. of KARL MERTZ A/S.
As of June 12, 2019, Anders Mikkelsen has stepped down as adm. dir. of KARL MERTZ A/S.
KARL MERTZ A/S has published its annual report for 2018. Gross profit came to DKK 30,794,013, and the net result was DKK 1,951,530.
KARL MERTZ A/S has published its annual report for 2017. Gross profit came to DKK 30,544,670, and the net result was DKK 2,140,902.
KARL MERTZ A/S has published its annual report for 2016. Gross profit came to DKK 25,741,370, and the net result was DKK 1,153,057.
As of September 1, 2016, Anders Mikkelsen is registered as adm. dir. of KARL MERTZ A/S.
As of August 31, 2016, Anders Hansen has stepped down as adm. dir. of KARL MERTZ A/S.
KARL MERTZ A/S has published its annual report for 2015. Gross profit came to DKK 31,238,609, and the net result was DKK 4,219,686.
KARL MERTZ A/S has published its annual report for 2014. Gross profit came to DKK 30,704,161, and the net result was DKK 4,026,021.
As of February 25, 2015, Lars Hindsgaul Stuckert has joined the board of directors of KARL MERTZ A/S.
As of February 25, 2015, Kim Frimann has joined the board of directors of KARL MERTZ A/S.
As of February 25, 2015, Flemming Boye has left the board of directors of KARL MERTZ A/S.
As of February 25, 2015, Jens Victor Ødegaard has left the board of directors of KARL MERTZ A/S.
KARL MERTZ A/S has published its annual report for 2013. Gross profit came to DKK 31,195,975, and the net result was DKK 5,781,065.
KARL MERTZ A/S has published its annual report for 2012.
As of September 1, 2012, Søren Jørgensen has left the board of directors of KARL MERTZ A/S.
As of August 1, 2012, Anders Hansen is registered as adm. dir. of KARL MERTZ A/S.
As of August 1, 2012, Søren Jørgensen has stepped down as director of KARL MERTZ A/S.
As of February 13, 2006, Flemming Boye has joined the board of directors of KARL MERTZ A/S.
As of February 13, 2006, Knud Verner Mertz has left the board of directors of KARL MERTZ A/S.
As of February 13, 2006, Ernst Mertz has left the board of directors of KARL MERTZ A/S.
As of May 10, 2000, KARL MERTZ HOLDING A/S is registered as an owner of KARL MERTZ A/S with an ownership share of 100%.
As of January 27, 2000, Knud Verner Mertz has joined the board of directors of KARL MERTZ A/S.
As of January 27, 2000, Jens Victor Ødegaard has joined the board of directors of KARL MERTZ A/S.
As of January 27, 2000, Søren Jørgensen has joined the board of directors of KARL MERTZ A/S.
As of January 27, 2000, Morten Mertz has joined the board of directors of KARL MERTZ A/S.
As of January 27, 2000, Jesper Ulrik Mertz has joined the board of directors of KARL MERTZ A/S.
As of January 27, 2000, Ernst Mertz has joined the board of directors of KARL MERTZ A/S.
On January 27, 2000, the company changed its name from STENSTRUP HANDELSSELSKAB ApS to KARL MERTZ A/S.
On January 8, 1997, the company changed its name from FORTSCHRITT HØSTMASKINER ApS to STENSTRUP HANDELSSELSKAB ApS.
As of December 20, 1996, Søren Jørgensen is registered as director of KARL MERTZ A/S.
As of December 20, 1996, Knud Verner Mertz has stepped down as director of KARL MERTZ A/S.
On January 12, 1990, the company changed its name from SAKSKØBING MASKINFORRETNING ApS to FORTSCHRITT HØSTMASKINER ApS.
As of July 14, 1989, Morten Mertz has stepped down as director of KARL MERTZ A/S.
On November 4, 1987, the company changed its name from ApS KBUS 8 NR. 2402 to SAKSKØBING MASKINFORRETNING ApS.
As of November 3, 1987, Erik Tronborg Andersen has stepped down as auditor of KARL MERTZ A/S.
As of November 3, 1987, Per Emil Hasselbalch Stakemann has stepped down as director of KARL MERTZ A/S.
As of June 1, 1987, Erik Tronborg Andersen has been appointed auditor of KARL MERTZ A/S.
As of June 1, 1987, AAGE MAAGENSEN STATSAUTORISERET REVISIONSAKTIESELSKAB has been appointed auditor of KARL MERTZ A/S.
As of June 1, 1987, Knud Verner Mertz is registered as director of KARL MERTZ A/S.
As of June 1, 1987, Morten Mertz is registered as director of KARL MERTZ A/S.
As of June 1, 1987, Per Emil Hasselbalch Stakemann is registered as director of KARL MERTZ A/S.
KARL MERTZ A/S was founded on June 1, 1987.
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