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

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

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: 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2023
2024
Volume
Net sales1 910 100.002 065 500.00
Gross profit486 600.00596 800.00
EBIT154 900.00207 000.00
Net earnings- 133 700.00202 700.00
Shareholders equity total730 000.00999 500.00
Balance sheet total (assets)2 030 500.002 242 300.00
Net debt1 033 900.00963 100.00
Profitability
EBIT-%8.1 %10.0 %
ROA11.2 %25.9 %
ROE-18.3 %23.4 %
ROI12.8 %29.3 %
Economic value added (EVA)-42 109.50202 643.1591 583.44
Solvency
Equity ratio36.3 %44.6 %
Gearing142.5 %98.6 %
Relative net indebtedness %67.8 %59.1 %
Liquidity
Quick ratio0.91.2
Current ratio1.21.4
Cash and cash equivalents6 100.0022 900.00
Capital use efficiency
Trade debtors turnover (days)51.849.2
Net working capital %4.4 %11.3 %
Credit risk
Credit ratingAAA

Variable visualization

ROA:25.9%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.6%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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