Heimstaden Sealand Residential K/S — Credit Rating and Financial Key Figures

CVR number: 37154954
Sankt Petri Passage 5, 1165 København K
adm@heimstaden.dk

Company information

Official name
Heimstaden Sealand Residential K/S
Established
2015
Company form
Limited partnership
Industry

About Heimstaden Sealand Residential K/S

Heimstaden Sealand Residential K/S (CVR number: 37154954) is a company from KØBENHAVN. The company recorded a gross profit of 10.8 mDKK in 2023. The operating profit was -6289 kDKK, while net earnings were -11.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Heimstaden Sealand Residential K/S's liquidity measured by quick ratio was 15.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit12 142.4713 063.3513 940.9011 745.0210 779.10
EBIT28 289.0932 085.3137 665.69-2 435.78-6 289.03
Net earnings27 019.8230 945.1036 390.30-4 285.92-11 921.02
Shareholders equity total111 584.00142 529.10178 919.40174 633.48162 712.46
Balance sheet total (assets)264 224.45283 118.98313 474.71311 203.10298 367.09
Net debt144 149.34132 756.61121 864.04127 567.53127 880.77
Profitability
EBIT-%
ROA11.1 %11.7 %12.6 %-0.8 %-1.9 %
ROE27.6 %24.4 %22.6 %-2.4 %-7.1 %
ROI11.1 %11.8 %12.7 %-0.8 %-1.9 %
Economic value added (EVA)17 712.2720 161.2224 150.61-17 550.15-21 474.63
Solvency
Equity ratio42.3 %50.3 %57.1 %56.2 %54.6 %
Gearing131.6 %94.5 %71.8 %73.5 %78.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.323.78.215.7
Current ratio0.20.314.87.113.7
Cash and cash equivalents2 680.691 964.216 527.97824.47511.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:-1.88%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.6%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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