Heimstaden Odense Residential K/S — Credit Rating and Financial Key Figures

CVR number: 37154911
Sankt Petri Passage 5, 1165 København K
adm@heimstaden.dk

Company information

Official name
Heimstaden Odense Residential K/S
Established
2015
Company form
Limited partnership
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit17 613.7318 650.1218 692.8917 043.3616 033.81
EBIT39 192.6866 447.1944 017.0510 499.46-16 017.67
Net earnings36 518.3964 137.5741 448.816 762.82-26 752.44
Shareholders equity total172 454.70236 592.26278 041.07284 803.90258 051.46
Balance sheet total (assets)449 714.56509 563.59547 106.83551 175.68520 592.86
Net debt266 999.23264 620.28255 391.00255 965.04253 694.93
Profitability
EBIT-%
ROA9.1 %13.9 %8.3 %1.9 %-2.7 %
ROE23.7 %31.4 %16.1 %2.4 %-9.9 %
ROI9.1 %13.9 %8.3 %1.9 %-2.7 %
Economic value added (EVA)18 984.7144 576.4319 042.33-16 092.74-43 053.39
Solvency
Equity ratio38.4 %46.4 %50.8 %51.7 %49.6 %
Gearing156.0 %112.0 %93.8 %90.1 %98.5 %
Relative net indebtedness %
Liquidity
Quick ratio7.19.112.015.019.0
Current ratio6.59.111.913.417.9
Cash and cash equivalents2 101.57254.055 280.06709.59453.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:-2.69%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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