Heartland Estate ApS — Credit Rating and Financial Key Figures

Heartland Estate ApS (CVR number: 39718138K) is a company from KØBENHAVN. The company reported a net sales of 3.3 mDKK in 2023, demonstrating a growth of 47.5 % compared to the previous year. The operating profit percentage was at 81.1 % (EBIT: 2.7 mDKK), while net earnings were 2802 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Heartland Estate ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.