Brødrene Hartmann A/S

CPSE:HART Stock Report

Market Cap: DKK 2.4b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Brødrene Hartmann Balance Sheet Health

Financial Health criteria checks 4/6

Brødrene Hartmann has a total shareholder equity of DKK1.3B and total debt of DKK811.5M, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are DKK2.9B and DKK1.6B respectively. Brødrene Hartmann's EBIT is DKK485.2M making its interest coverage ratio 11.2. It has cash and short-term investments of DKK214.1M.

Key information

60.20%

Debt to equity ratio

DKK 811.50m

Debt

Interest coverage ratio11.2x
CashDKK 214.10m
EquityDKK 1.35b
Total liabilitiesDKK 1.55b
Total assetsDKK 2.90b

Recent financial health updates

Analysis Article Dec 30

Does Brødrene Hartmann (CPH:HART) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 23

These 4 Measures Indicate That Brødrene Hartmann (CPH:HART) Is Using Debt Extensively

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Mar 07

We Think Brødrene Hartmann (CPH:HART) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 11

Does Brødrene Hartmann (CPH:HART) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Jan 14

Brødrene Hartmann (CPH:HART) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Recent updates

Analysis Article Sep 28

Calculating The Intrinsic Value Of Brødrene Hartmann A/S (CPH:HART)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Brødrene Hartmann fair value estimate is kr.293 Current share...
Analysis Article Mar 02

Brødrene Hartmann (CPH:HART) May Have Issues Allocating Its Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Dec 30

Does Brødrene Hartmann (CPH:HART) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 17

Here's What's Concerning About Brødrene Hartmann's (CPH:HART) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Aug 23

These 4 Measures Indicate That Brødrene Hartmann (CPH:HART) Is Using Debt Extensively

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Mar 07

We Think Brødrene Hartmann (CPH:HART) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 23

Weak Statutory Earnings May Not Tell The Whole Story For Brødrene Hartmann (CPH:HART)

The subdued market reaction suggests that Brødrene Hartmann A/S' ( CPH:HART ) recent earnings didn't contain any...
Analysis Article Aug 11

Does Brødrene Hartmann (CPH:HART) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Jun 14

Returns on Capital Paint A Bright Future For Brødrene Hartmann (CPH:HART)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Analysis Article May 27

Here's Why I Think Brødrene Hartmann (CPH:HART) Is An Interesting Stock

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article Apr 20

We Take A Look At Why Brødrene Hartmann A/S' (CPH:HART) CEO Compensation Is Well Earned

We have been pretty impressed with the performance at Brødrene Hartmann A/S ( CPH:HART ) recently and CEO Torben...
Analysis Article Feb 26

The Trend Of High Returns At Brødrene Hartmann (CPH:HART) Has Us Very Interested

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article Feb 04

Brødrene Hartmann A/S' (CPH:HART) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Most readers would already know that Brødrene Hartmann's (CPH:HART) stock increased by 3.5% over the past week. Given...
Analysis Article Jan 14

Brødrene Hartmann (CPH:HART) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Dec 25

Did You Participate In Any Of Brødrene Hartmann's (CPH:HART) Fantastic 114% Return ?

Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
Analysis Article Dec 07

Is Now The Time To Put Brødrene Hartmann (CPH:HART) On Your Watchlist?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Analysis Article Nov 22

Why We Like The Returns At Brødrene Hartmann (CPH:HART)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Analysis Article Jul 27

Cautious Investors Not Rewarding Brødrene Hartmann A/S' (CPH:HART) Performance Completely

It's not a stretch to say that Brødrene Hartmann A/S' (CPH:HART) price-to-earnings (or "P/E") ratio of 16.4x right now...
Analysis Article Jul 08

Do Its Financials Have Any Role To Play In Driving Brødrene Hartmann A/S' (CPH:HART) Stock Up Recently?

Brødrene Hartmann (CPH:HART) has had a great run on the share market with its stock up by a significant 35% over the...

Financial Position Analysis

Short Term Liabilities: HART's short term assets (DKK1.2B) do not cover its short term liabilities (DKK1.4B).

Long Term Liabilities: HART's short term assets (DKK1.2B) exceed its long term liabilities (DKK127.8M).


Debt to Equity History and Analysis

Debt Level: HART's net debt to equity ratio (44.3%) is considered high.

Reducing Debt: HART's debt to equity ratio has reduced from 95.9% to 60.2% over the past 5 years.

Debt Coverage: HART's debt is well covered by operating cash flow (74.9%).

Interest Coverage: HART's interest payments on its debt are well covered by EBIT (11.2x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/21 04:33
End of Day Share Price 2023/12/20 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Brødrene Hartmann A/S is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Frederikke Due OlsenCarnegie Investment Bank AB
Kenneth LeilingDanske Bank
Dan WejseNordea Markets