Heimstaden Cortex House A/S — Credit Rating and Financial Key Figures

CVR number: 37329878
Sankt Petri Passage 5, 1165 København K
adm@heimstaden.dk
www.Heimstaden.dk
Free credit report Annual report

Company information

Official name
Heimstaden Cortex House A/S
Established
2015
Company form
Limited company
Industry

About Heimstaden Cortex House A/S

Heimstaden Cortex House A/S (CVR number: 37329878) is a company from KØBENHAVN. The company recorded a gross profit of 7596.9 kDKK in 2024. The operating profit was 7825.5 kDKK, while net earnings were 1466.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 23.5 %, 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. Heimstaden Cortex House A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 758.457 253.456 857.446 401.067 596.94
EBIT23 142.1424 218.10-13 538.66-14 555.277 825.50
Net earnings17 878.6117 733.13-11 691.87-15 457.991 466.54
Shareholders equity total48 064.1065 797.2354 105.3641 247.3742 713.91
Balance sheet total (assets)205 950.39225 132.73206 165.29181 549.26181 893.22
Net debt138 094.58135 143.92129 967.48126 469.49124 766.38
Profitability
EBIT-%
ROA11.7 %11.2 %-6.3 %-7.5 %4.3 %
ROE45.4 %31.1 %-19.5 %-32.4 %3.5 %
ROI11.8 %11.3 %-6.3 %-7.5 %4.3 %
Economic value added (EVA)10 438.458 726.21-21 647.06-21 477.39-2 798.44
Solvency
Equity ratio23.3 %29.2 %26.2 %22.7 %23.5 %
Gearing287.8 %205.5 %244.8 %306.6 %292.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.20.30.00.0
Current ratio0.00.20.30.00.0
Cash and cash equivalents223.1862.772 484.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:4.31%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.5%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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