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

CVR number: 63049611
Ørnegårdsvej 18, 2820 Gentofte
bh@hartmann-packaging.com
tel: 45970000

Credit rating

Company information

Official name
HARTMANN PACKAGING A/S
Personnel
516 persons
Established
1917
Company form
Limited company
Industry

About HARTMANN PACKAGING A/S

HARTMANN PACKAGING A/S (CVR number: 63049611K) is a company from GENTOFTE. The company reported a net sales of 3810.3 mDKK in 2024, demonstrating a growth of 9.1 % compared to the previous year. The operating profit percentage was at 15 % (EBIT: 570 mDKK), while net earnings were 416.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.7 %, which can be considered excellent and Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HARTMANN PACKAGING A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales3 493 800.003 810 300.00
Gross profit1 066 600.001 236 200.00
EBIT331 600.00570 000.00
Net earnings191 300.00416 900.00
Shareholders equity total1 183 400.001 672 700.00
Balance sheet total (assets)2 619 800.003 157 200.00
Net debt628 500.00524 700.00
Profitability
EBIT-%9.5 %15.0 %
ROA14.5 %21.7 %
ROE16.2 %29.2 %
ROI18.6 %27.6 %
Economic value added (EVA)-44 179.80220 260.69338 326.40
Solvency
Equity ratio45.5 %53.1 %
Gearing68.9 %46.3 %
Relative net indebtedness %35.8 %32.4 %
Liquidity
Quick ratio1.41.4
Current ratio1.91.9
Cash and cash equivalents186 400.00250 300.00
Capital use efficiency
Trade debtors turnover (days)47.750.5
Net working capital %15.4 %17.6 %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:21.7%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.1%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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