Heimstaden Østbrovej K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Heimstaden Østbrovej K/S
Heimstaden Østbrovej K/S (CVR number: 36443731) is a company from KØBENHAVN. The company recorded a gross profit of 9769.3 kDKK in 2023. The operating profit was -18.7 mDKK, while net earnings were -20.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.3 %, 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 Østbrovej K/S's liquidity measured by quick ratio was 32.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 521.46 | 8 287.43 | 8 619.89 | 8 228.15 | 9 769.26 |
EBIT | 54 402.70 | 21 946.26 | 46 320.48 | - 341.53 | -18 717.20 |
Net earnings | 51 736.04 | 23 906.00 | 43 228.71 | -2 847.42 | -20 674.70 |
Shareholders equity total | 154 390.86 | 178 296.86 | 221 525.58 | 218 678.15 | 198 003.45 |
Balance sheet total (assets) | 301 035.51 | 319 261.85 | 360 370.66 | 357 135.88 | 345 643.64 |
Net debt | 137 153.03 | 133 869.12 | 133 741.10 | 132 787.02 | 142 061.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.1 % | 8.6 % | 13.6 % | -0.0 % | -4.8 % |
ROE | 38.8 % | 14.4 % | 21.6 % | -1.3 % | -9.9 % |
ROI | 21.4 % | 8.8 % | 13.8 % | -0.0 % | -4.8 % |
Economic value added (EVA) | 44 267.45 | 7 424.21 | 30 693.86 | -18 132.95 | -36 312.00 |
Solvency | |||||
Equity ratio | 51.3 % | 55.9 % | 61.5 % | 61.2 % | 57.3 % |
Gearing | 91.5 % | 75.7 % | 60.4 % | 60.7 % | 71.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 15.8 | 18.9 | 43.7 | 27.8 | 32.9 |
Current ratio | 15.8 | 17.0 | 41.1 | 27.0 | 32.3 |
Cash and cash equivalents | 4 168.23 | 1 099.93 | 147.13 | 17.11 | 195.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AA | A |
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