Heimstaden Bostad Invest 9 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Heimstaden Bostad Invest 9 A/S
Heimstaden Bostad Invest 9 A/S (CVR number: 38714953) is a company from KØBENHAVN. The company recorded a gross profit of -7604.1 kDKK in 2023. The operating profit was -955.7 mDKK, while net earnings were -1274.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -31.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.5 %, 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 Bostad Invest 9 A/S's liquidity measured by quick ratio was 0.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4 633.67 | -8 253.38 | -29 019.83 | -50 884.25 | -7 604.07 |
EBIT | -4 633.67 | -8 253.38 | -63 937.38 | - 553 139.91 | - 955 705.22 |
Net earnings | - 144 815.80 | - 147 001.22 | -90 666.16 | - 525 824.01 | -1 274 567.05 |
Shareholders equity total | 4 470 344.90 | 5 323 343.67 | 5 232 677.51 | 4 706 853.49 | 3 432 286.44 |
Balance sheet total (assets) | 11 720 650.09 | 9 619 545.56 | 17 014 875.75 | 24 388 865.42 | 19 592 682.17 |
Net debt | 6 847 739.56 | 4 117 347.74 | 11 742 194.08 | 18 645 202.43 | 16 029 755.83 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.0 % | -0.2 % | 0.1 % | -1.2 % | -2.8 % |
ROE | -2.8 % | -3.0 % | -1.7 % | -10.6 % | -31.3 % |
ROI | -0.1 % | -0.2 % | 0.1 % | -1.2 % | -2.8 % |
Economic value added (EVA) | -6 327.12 | 221 440.11 | 127 958.08 | -70 641.04 | - 337 704.91 |
Solvency | |||||
Equity ratio | 38.1 % | 55.3 % | 30.8 % | 19.3 % | 17.5 % |
Gearing | 158.5 % | 77.5 % | 224.6 % | 417.8 % | 470.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.1 | 2.5 | 0.5 | 0.3 |
Current ratio | 1.3 | 1.1 | 2.5 | 0.5 | 0.3 |
Cash and cash equivalents | 239 182.96 | 7 813.34 | 9 643.72 | 1 021 226.94 | 114 462.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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