Heimstaden Odense Residential K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Heimstaden Odense Residential K/S
Heimstaden Odense Residential K/S (CVR number: 37154911) is a company from KØBENHAVN. The company recorded a gross profit of 16 mDKK in 2023. The operating profit was -16 mDKK, while net earnings were -26.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.6 %, 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. Heimstaden Odense Residential K/S's liquidity measured by quick ratio was 19 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 17 613.73 | 18 650.12 | 18 692.89 | 17 043.36 | 16 033.81 |
EBIT | 39 192.68 | 66 447.19 | 44 017.05 | 10 499.46 | -16 017.67 |
Net earnings | 36 518.39 | 64 137.57 | 41 448.81 | 6 762.82 | -26 752.44 |
Shareholders equity total | 172 454.70 | 236 592.26 | 278 041.07 | 284 803.90 | 258 051.46 |
Balance sheet total (assets) | 449 714.56 | 509 563.59 | 547 106.83 | 551 175.68 | 520 592.86 |
Net debt | 266 999.23 | 264 620.28 | 255 391.00 | 255 965.04 | 253 694.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.1 % | 13.9 % | 8.3 % | 1.9 % | -2.7 % |
ROE | 23.7 % | 31.4 % | 16.1 % | 2.4 % | -9.9 % |
ROI | 9.1 % | 13.9 % | 8.3 % | 1.9 % | -2.7 % |
Economic value added (EVA) | 18 984.71 | 44 576.43 | 19 042.33 | -16 092.74 | -43 053.39 |
Solvency | |||||
Equity ratio | 38.4 % | 46.4 % | 50.8 % | 51.7 % | 49.6 % |
Gearing | 156.0 % | 112.0 % | 93.8 % | 90.1 % | 98.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.1 | 9.1 | 12.0 | 15.0 | 19.0 |
Current ratio | 6.5 | 9.1 | 11.9 | 13.4 | 17.9 |
Cash and cash equivalents | 2 101.57 | 254.05 | 5 280.06 | 709.59 | 453.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AA |
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