Heimstaden Group Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 41639768
Bernstorffsgade 50, 1577 København V

Credit rating

Company information

Official name
Heimstaden Group Denmark A/S
Personnel
54 persons
Established
2020
Company form
Limited company
Industry

About Heimstaden Group Denmark A/S

Heimstaden Group Denmark A/S (CVR number: 41639768) is a company from KØBENHAVN. The company recorded a gross profit of 67.9 mDKK in 2024. The operating profit was 2974.4 kDKK, while net earnings were 2988.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.6 %, 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 Group Denmark A/S's liquidity measured by quick ratio was 1.9 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
2021
2022
2023
2024
Volume
Net sales
Gross profit34 436.5544 317.0472 984.8667 852.67
EBIT2 190.95- 113.709 242.572 974.37
Net earnings1 668.04-76.797 059.202 988.30
Shareholders equity total12 168.0415 336.2522 395.4525 383.75
Balance sheet total (assets)19 751.9028 309.0653 818.3552 219.80
Net debt-2 782.62-5 917.07-4 422.25-28 367.97
Profitability
EBIT-%
ROA11.1 %-0.5 %23.4 %7.4 %
ROE13.7 %-0.6 %37.4 %12.5 %
ROI17.9 %-0.8 %43.1 %14.5 %
Economic value added (EVA)1 703.80- 692.096 411.72877.07
Solvency
Equity ratio61.6 %54.2 %41.6 %48.6 %
Gearing0.8 %3.5 %27.8 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.01.61.9
Current ratio2.32.01.61.9
Cash and cash equivalents2 879.296 451.1910 659.3628 428.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBB

Variable visualization

ROA:7.38%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.6%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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