Heimstaden Danmark Ejendomme A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3 342.59 | - 111.46 | 22 043.85 | - 120.06 | - 135.40 |
EBIT | -3 342.59 | - 111.46 | 22 043.85 | - 120.06 | - 135.40 |
Net earnings | 291 440.12 | - 264.10 | 21 221.50 | -2 969.76 | -58.41 |
Shareholders equity total | 52 532.37 | 52 268.27 | 73 489.77 | 70 520.01 | 70 461.60 |
Balance sheet total (assets) | 62 665.29 | 52 352.68 | 104 543.65 | 248 570.70 | 187 050.02 |
Net debt | 7 468.60 | - 902.04 | - 104 479.65 | -1 711.60 | -47 575.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.4 % | -0.2 % | 28.2 % | -0.0 % | 0.0 % |
ROE | 25.8 % | -0.5 % | 33.7 % | -4.1 % | -0.1 % |
ROI | 25.8 % | -0.2 % | 35.1 % | -0.1 % | 0.1 % |
Economic value added (EVA) | -31 475.21 | -2 649.82 | 19 394.26 | 1 439.55 | -3 609.28 |
Solvency | |||||
Equity ratio | 83.8 % | 99.8 % | 70.3 % | 28.4 % | 37.7 % |
Gearing | 17.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.2 | 620.3 | 3.4 | 1.4 | 1.6 |
Current ratio | 6.2 | 620.3 | 3.4 | 1.4 | 1.6 |
Cash and cash equivalents | 1 819.13 | 902.04 | 104 479.65 | 1 711.60 | 47 575.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | BBB | BBB |
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