MICHAEL HARTMANN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27513999
Krebsevej 3, 2650 Hvidovre
michaelhartmann605@hotmail.com
tel: 51596712
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Credit rating

Company information

Official name
MICHAEL HARTMANN HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About MICHAEL HARTMANN HOLDING ApS

MICHAEL HARTMANN HOLDING ApS (CVR number: 27513999) is a company from HVIDOVRE. The company recorded a gross profit of -33.9 kDKK in 2024. The operating profit was -33.9 kDKK, while net earnings were 46.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL HARTMANN HOLDING ApS's liquidity measured by quick ratio was 122.3 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-30.60-31.92-32.59-36.80-33.85
EBIT-30.60-31.92-32.59-36.80-33.85
Net earnings308.89- 138.758.95114.4746.62
Shareholders equity total2 132.331 937.081 888.831 944.411 930.03
Balance sheet total (assets)2 188.811 953.261 905.391 961.091 945.94
Net debt-2 188.81-1 889.07-1 829.43-1 934.11-1 927.06
Profitability
EBIT-%
ROA19.4 %4.0 %1.2 %7.6 %3.1 %
ROE15.4 %-6.8 %0.5 %6.0 %2.4 %
ROI19.8 %4.1 %1.2 %7.7 %3.1 %
Economic value added (EVA)- 118.25- 132.05- 122.67- 123.47- 124.16
Solvency
Equity ratio97.4 %99.2 %99.1 %99.1 %99.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio38.8120.8115.1117.5122.3
Current ratio38.8120.8115.1117.5122.3
Cash and cash equivalents2 188.811 889.071 829.431 934.111 927.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.05%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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