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: 63049611) is a company from GENTOFTE. The company reported a net sales of 2065.5 mDKK in 2024, demonstrating a growth of 8.1 % compared to the previous year. The operating profit percentage was at 10 % (EBIT: 207 mDKK), while net earnings were 202.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.9 %, which can be considered excellent and Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.6 %, 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 1.2 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 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | 1 910 100.00 | 2 065 500.00 | |
| Gross profit | 486 600.00 | 596 800.00 | |
| EBIT | 154 900.00 | 207 000.00 | |
| Net earnings | - 133 700.00 | 202 700.00 | |
| Shareholders equity total | 730 000.00 | 999 500.00 | |
| Balance sheet total (assets) | 2 030 500.00 | 2 242 300.00 | |
| Net debt | 1 033 900.00 | 963 100.00 | |
| Profitability | |||
| EBIT-% | 8.1 % | 10.0 % | |
| ROA | 11.2 % | 25.9 % | |
| ROE | -18.3 % | 23.4 % | |
| ROI | 12.8 % | 29.3 % | |
| Economic value added (EVA) | -42 109.50 | 202 643.15 | 91 583.44 |
| Solvency | |||
| Equity ratio | 36.3 % | 44.6 % | |
| Gearing | 142.5 % | 98.6 % | |
| Relative net indebtedness % | 67.8 % | 59.1 % | |
| Liquidity | |||
| Quick ratio | 0.9 | 1.2 | |
| Current ratio | 1.2 | 1.4 | |
| Cash and cash equivalents | 6 100.00 | 22 900.00 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 51.8 | 49.2 | |
| Net working capital % | 4.4 % | 11.3 % | |
| Credit risk | |||
| Credit rating | A | AA |
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