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

HARTMANN PACKAGING A/S (CVR number: 63049611) is a company from GENTOFTE. The company reported a net sales of 1910.1 mDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit percentage was at 8.1 % (EBIT: 154.9 mDKK), while net earnings were -133.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was -16.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HARTMANN PACKAGING A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.