HOUSING DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOUSING DENMARK A/S
HOUSING DENMARK A/S (CVR number: 30721462) is a company from GENTOFTE. The company recorded a gross profit of 5634.8 kDKK in 2023. The operating profit was -263.8 kDKK, while net earnings were -264.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -12.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HOUSING DENMARK A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 678.18 | 7 146.34 | 5 418.96 | 4 853.93 | 5 634.82 |
EBIT | 1 380.57 | 48.54 | -1 184.94 | -2 105.58 | - 263.79 |
Net earnings | 1 053.98 | -4.84 | -1 197.82 | -2 228.10 | - 264.53 |
Shareholders equity total | 2 595.64 | 1 590.80 | 336.47 | - 881.45 | - 245.98 |
Balance sheet total (assets) | 7 688.22 | 7 109.13 | 5 459.59 | 1 633.30 | 2 614.14 |
Net debt | -3 094.72 | -3 575.03 | -2 323.80 | - 287.70 | -1 103.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.0 % | 0.9 % | -18.5 % | -52.7 % | -9.7 % |
ROE | 41.0 % | -0.2 % | -124.3 % | -226.2 % | -12.5 % |
ROI | 32.4 % | 1.8 % | -49.0 % | -196.1 % | -121.3 % |
Economic value added (EVA) | 1 182.86 | 156.16 | - 972.22 | -2 045.28 | - 183.34 |
Solvency | |||||
Equity ratio | 33.8 % | 22.4 % | 6.2 % | -35.1 % | -8.6 % |
Gearing | 54.7 % | 91.2 % | 408.4 % | -49.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.2 | 1.0 | 0.7 | 0.8 |
Current ratio | 1.5 | 1.2 | 1.0 | 0.7 | 0.8 |
Cash and cash equivalents | 4 514.28 | 5 025.14 | 3 698.03 | 719.57 | 1 103.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | C | BB |
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