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
60.2%
Debt to equity ratio
kr.811.50m
Debt
Interest coverage ratio | 11.2x |
Cash | kr.214.10m |
Equity | kr.1.35b |
Total liabilities | kr.1.55b |
Total assets | kr.2.90b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ENF's short term assets (DKK1.2B) do not cover its short term liabilities (DKK1.4B).
Long Term Liabilities: 0ENF's short term assets (DKK1.2B) exceed its long term liabilities (DKK127.8M).
Debt to Equity History and Analysis
Debt Level: 0ENF's net debt to equity ratio (44.3%) is considered high.
Reducing Debt: 0ENF's debt to equity ratio has reduced from 95.9% to 60.2% over the past 5 years.
Debt Coverage: 0ENF's debt is well covered by operating cash flow (74.9%).
Interest Coverage: 0ENF's interest payments on its debt are well covered by EBIT (11.2x coverage).