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

CVR number: 25091531
Ørestads Boulevard 73, 2300 København S
invoice.scandinavia@hartmann.info
tel: 48220400
www.hartmann.info

Credit rating

Company information

Official name
PAUL HARTMANN A/S
Personnel
1 person
Established
1999
Company form
Limited company
Industry

About PAUL HARTMANN A/S

PAUL HARTMANN A/S (CVR number: 25091531) is a company from KØBENHAVN. The company reported a net sales of 6 mDKK in 2023, demonstrating a growth of 7.3 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 0.4 mDKK), while net earnings were 403.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PAUL HARTMANN A/S's liquidity measured by quick ratio was 3.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales6 890.546 780.007 506.295 566.185 974.45
Gross profit410.02913.411 511.38397.14403.29
EBIT- 262.76913.131 511.38397.14403.29
Net earnings- 409.97807.441 165.70314.09403.14
Shareholders equity total603.431 410.882 576.582 890.663 293.80
Balance sheet total (assets)1 524.843 315.493 635.613 940.014 746.94
Net debt- 338.54- 828.89- 151.96107.43496.21
Profitability
EBIT-%-3.8 %13.5 %20.1 %7.1 %6.8 %
ROA-6.3 %37.7 %43.5 %10.9 %11.9 %
ROE-30.0 %80.2 %58.5 %11.5 %13.0 %
ROI-7.3 %51.8 %53.1 %12.4 %13.4 %
Economic value added (EVA)-57.81822.411 205.78215.47194.89
Solvency
Equity ratio39.6 %42.6 %70.9 %73.4 %69.4 %
Gearing62.5 %80.5 %21.9 %21.4 %28.7 %
Relative net indebtedness %3.0 %-0.9 %4.6 %9.7 %16.8 %
Liquidity
Quick ratio1.71.73.43.83.3
Current ratio1.71.73.43.83.3
Cash and cash equivalents715.651 964.52717.15510.99448.95
Capital use efficiency
Trade debtors turnover (days)41.572.429.432.741.8
Net working capital %8.8 %20.8 %34.3 %51.9 %55.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.4%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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