PAUL HARTMANN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 890.54 | 6 780.00 | 7 506.29 | 5 566.18 | 5 974.45 |
Gross profit | 410.02 | 913.41 | 1 511.38 | 397.14 | 403.29 |
EBIT | - 262.76 | 913.13 | 1 511.38 | 397.14 | 403.29 |
Net earnings | - 409.97 | 807.44 | 1 165.70 | 314.09 | 403.14 |
Shareholders equity total | 603.43 | 1 410.88 | 2 576.58 | 2 890.66 | 3 293.80 |
Balance sheet total (assets) | 1 524.84 | 3 315.49 | 3 635.61 | 3 940.01 | 4 746.94 |
Net debt | - 338.54 | - 828.89 | - 151.96 | 107.43 | 496.21 |
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) | -57.81 | 822.41 | 1 205.78 | 215.47 | 194.89 |
Solvency | |||||
Equity ratio | 39.6 % | 42.6 % | 70.9 % | 73.4 % | 69.4 % |
Gearing | 62.5 % | 80.5 % | 21.9 % | 21.4 % | 28.7 % |
Relative net indebtedness % | 3.0 % | -0.9 % | 4.6 % | 9.7 % | 16.8 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.7 | 3.4 | 3.8 | 3.3 |
Current ratio | 1.7 | 1.7 | 3.4 | 3.8 | 3.3 |
Cash and cash equivalents | 715.65 | 1 964.52 | 717.15 | 510.99 | 448.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 41.5 | 72.4 | 29.4 | 32.7 | 41.8 |
Net working capital % | 8.8 % | 20.8 % | 34.3 % | 51.9 % | 55.1 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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