HARTMANN PACKAGING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 493 800.00 | 3 810 300.00 | |||
Gross profit | 1 066 600.00 | 1 236 200.00 | |||
EBIT | 331 600.00 | 570 000.00 | |||
Net earnings | 191 300.00 | 416 900.00 | |||
Shareholders equity total | 1 183 400.00 | 1 672 700.00 | |||
Balance sheet total (assets) | 2 619 800.00 | 3 157 200.00 | |||
Net debt | 628 500.00 | 524 700.00 | |||
Profitability | |||||
EBIT-% | 9.5 % | 15.0 % | |||
ROA | 14.5 % | 21.7 % | |||
ROE | 16.2 % | 29.2 % | |||
ROI | 18.6 % | 27.6 % | |||
Economic value added (EVA) | -44 179.80 | 220 260.69 | 338 326.40 | ||
Solvency | |||||
Equity ratio | 45.5 % | 53.1 % | |||
Gearing | 68.9 % | 46.3 % | |||
Relative net indebtedness % | 35.8 % | 32.4 % | |||
Liquidity | |||||
Quick ratio | 1.4 | 1.4 | |||
Current ratio | 1.9 | 1.9 | |||
Cash and cash equivalents | 186 400.00 | 250 300.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.7 | 50.5 | |||
Net working capital % | 15.4 % | 17.6 % | |||
Credit risk | |||||
Credit rating | B | B | B | AA | AAA |
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