Heimstaden Residential I Holding A/S — Credit Rating and Financial Key Figures

CVR number: 34610940
Sankt Petri Passage 5, 1165 København K
adm@heimstaden.dk

Credit rating

Company information

Official name
Heimstaden Residential I Holding A/S
Established
2012
Company form
Limited company
Industry

About Heimstaden Residential I Holding A/S

Heimstaden Residential I Holding A/S (CVR number: 34610940K) is a company from KØBENHAVN. The company reported a net sales of 96.7 mDKK in 2017, demonstrating a decline of -4.8 % compared to the previous year. The operating profit percentage was at 100.5 % (EBIT: 97.2 mDKK), while net earnings were 54.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Heimstaden Residential I Holding A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2013
2014
2015
2016
2017
Volume
Net sales86.8989.4899.11101.6796.74
Gross profit50.5156.6695.89184.0197.57
EBIT50.9941.6294.96183.0597.22
Net earnings15.082.8462.39118.2854.85
Shareholders equity total82.5677.04132.12250.40280.26
Balance sheet total (assets)1 334.021 354.201 462.651 561.231 524.88
Net debt1 199.941 099.961 104.87
Profitability
EBIT-%95.8 %180.0 %100.5 %
ROA8.4 %12.4 %6.3 %
ROE59.7 %61.8 %20.7 %
ROI8.7 %12.9 %6.5 %
Economic value added (EVA)-24.97-33.157.6172.330.01
Solvency
Equity ratio9.0 %16.0 %18.4 %
Gearing948.3 %485.2 %409.5 %
Relative net indebtedness %1275.0 %1133.2 %1193.1 %
Liquidity
Quick ratio0.81.50.9
Current ratio0.81.50.9
Cash and cash equivalents33.516.5153.00115.1142.89
Capital use efficiency
Trade debtors turnover (days)3.42.83.9
Net working capital %-13.4 %44.2 %-6.7 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:6.31%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.4%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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