Heimstaden Odense Ejendomme ApS — Credit Rating and Financial Key Figures

Heimstaden Odense Ejendomme ApS (CVR number: 19329496K) is a company from KØBENHAVN. The company reported a net sales of 292.4 mDKK in 2017, demonstrating a decline of -0.7 % compared to the previous year. The operating profit percentage was at 151.1 % (EBIT: 441.8 mDKK), while net earnings were 287.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 51.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.4 %, 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 Odense Ejendomme ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.