Heimstaden Cortex House A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 758.45 | 7 253.45 | 6 857.44 | 6 401.06 | 7 596.94 |
EBIT | 23 142.14 | 24 218.10 | -13 538.66 | -14 555.27 | 7 825.50 |
Net earnings | 17 878.61 | 17 733.13 | -11 691.87 | -15 457.99 | 1 466.54 |
Shareholders equity total | 48 064.10 | 65 797.23 | 54 105.36 | 41 247.37 | 42 713.91 |
Balance sheet total (assets) | 205 950.39 | 225 132.73 | 206 165.29 | 181 549.26 | 181 893.22 |
Net debt | 138 094.58 | 135 143.92 | 129 967.48 | 126 469.49 | 124 766.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.7 % | 11.2 % | -6.3 % | -7.5 % | 4.3 % |
ROE | 45.4 % | 31.1 % | -19.5 % | -32.4 % | 3.5 % |
ROI | 11.8 % | 11.3 % | -6.3 % | -7.5 % | 4.3 % |
Economic value added (EVA) | 10 438.45 | 8 726.21 | -21 647.06 | -21 477.39 | -2 798.44 |
Solvency | |||||
Equity ratio | 23.3 % | 29.2 % | 26.2 % | 22.7 % | 23.5 % |
Gearing | 287.8 % | 205.5 % | 244.8 % | 306.6 % | 292.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.2 | 0.3 | 0.0 | 0.0 |
Current ratio | 0.0 | 0.2 | 0.3 | 0.0 | 0.0 |
Cash and cash equivalents | 223.18 | 62.77 | 2 484.33 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
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