Heimstaden Danmark Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 35852093
Sankt Petri Passage 5, 1165 København K

Credit rating

Company information

Official name
Heimstaden Danmark Ejendomme A/S
Established
2014
Company form
Limited company
Industry

About Heimstaden Danmark Ejendomme A/S

Heimstaden Danmark Ejendomme A/S (CVR number: 35852093) is a company from KØBENHAVN. The company recorded a gross profit of -135.4 kDKK in 2023. The operating profit was -135.4 kDKK, while net earnings were -58.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.7 %, 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 Danmark Ejendomme A/S's liquidity measured by quick ratio was 1.6 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 profit-3 342.59- 111.4622 043.85- 120.06- 135.40
EBIT-3 342.59- 111.4622 043.85- 120.06- 135.40
Net earnings291 440.12- 264.1021 221.50-2 969.76-58.41
Shareholders equity total52 532.3752 268.2773 489.7770 520.0170 461.60
Balance sheet total (assets)62 665.2952 352.68104 543.65248 570.70187 050.02
Net debt7 468.60- 902.04- 104 479.65-1 711.60-47 575.62
Profitability
EBIT-%
ROA25.4 %-0.2 %28.2 %-0.0 %0.0 %
ROE25.8 %-0.5 %33.7 %-4.1 %-0.1 %
ROI25.8 %-0.2 %35.1 %-0.1 %0.1 %
Economic value added (EVA)-31 475.21-2 649.8219 394.261 439.55-3 609.28
Solvency
Equity ratio83.8 %99.8 %70.3 %28.4 %37.7 %
Gearing17.7 %
Relative net indebtedness %
Liquidity
Quick ratio6.2620.33.41.41.6
Current ratio6.2620.33.41.41.6
Cash and cash equivalents1 819.13902.04104 479.651 711.6047 575.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:0.02%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.7%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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