HARTMANN FINANCE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HARTMANN FINANCE A/S
HARTMANN FINANCE A/S (CVR number: 29613427) is a company from GENTOFTE. The company recorded a gross profit of -28.9 kDKK in 2024. The operating profit was -28.9 kDKK, while net earnings were -17.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HARTMANN FINANCE A/S's liquidity measured by quick ratio was 16.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -17.50 | -17.50 | -25.00 | -27.79 | -28.90 |
EBIT | -17.50 | -17.50 | -25.00 | -27.79 | -28.90 |
Net earnings | -17.28 | -17.97 | -21.99 | -16.00 | -17.67 |
Shareholders equity total | 508.89 | 490.92 | 468.97 | 452.97 | 435.30 |
Balance sheet total (assets) | 563.29 | 550.19 | 523.90 | 484.67 | 463.42 |
Net debt | - 526.39 | - 503.35 | - 487.77 | - 456.58 | - 439.35 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.1 % | -3.1 % | -4.4 % | -3.1 % | -3.5 % |
ROE | -2.1 % | -3.6 % | -4.6 % | -3.5 % | -4.0 % |
ROI | -2.1 % | -3.2 % | -4.6 % | -3.2 % | -3.5 % |
Economic value added (EVA) | -70.24 | -41.08 | -46.27 | -46.80 | -46.49 |
Solvency | |||||
Equity ratio | 90.3 % | 89.2 % | 89.5 % | 93.5 % | 93.9 % |
Gearing | 7.3 % | 8.5 % | 6.4 % | 5.2 % | 4.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.4 | 9.3 | 9.5 | 15.3 | 16.5 |
Current ratio | 10.4 | 9.3 | 9.5 | 15.3 | 16.5 |
Cash and cash equivalents | 563.29 | 545.12 | 517.70 | 480.17 | 458.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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