HARTMANN FINANCE A/S — Credit Rating and Financial Key Figures

CVR number: 29613427
Ørnegårdsvej 18, 2820 Gentofte
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Company information

Official name
HARTMANN FINANCE A/S
Established
2006
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 total508.89490.92468.97452.97435.30
Balance sheet total (assets)563.29550.19523.90484.67463.42
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 ratio90.3 %89.2 %89.5 %93.5 %93.9 %
Gearing7.3 %8.5 %6.4 %5.2 %4.4 %
Relative net indebtedness %
Liquidity
Quick ratio10.49.39.515.316.5
Current ratio10.49.39.515.316.5
Cash and cash equivalents563.29545.12517.70480.17458.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-3.48%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.9%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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