Heimstaden Sorø A/S
Credit rating
Company information
About Heimstaden Sorø A/S
Heimstaden Sorø A/S (CVR number: 36705531) is a company from KØBENHAVN. The company recorded a gross profit of 6896.5 kDKK in 2023. The operating profit was -6097 kDKK, while net earnings were -5204 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -9.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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 Sorø A/S's liquidity measured by quick ratio was 2.2 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 | 6 618.41 | 6 798.63 | 7 034.22 | 6 480.57 | 6 896.48 |
EBIT | 9 557.90 | 19 022.47 | 20 019.75 | -3 877.33 | -6 097.05 |
Net earnings | 6 317.77 | 13 559.31 | 14 993.09 | -3 609.93 | -5 204.01 |
Shareholders equity total | 34 378.89 | 46 438.21 | 61 431.29 | 57 821.36 | 52 617.35 |
Balance sheet total (assets) | 141 708.79 | 153 685.92 | 169 982.15 | 163 476.75 | 153 105.07 |
Net debt | 94 814.97 | 91 320.15 | 90 015.04 | 88 756.38 | 86 033.81 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.8 % | 12.9 % | 12.4 % | -2.3 % | -3.7 % |
ROE | 19.9 % | 33.6 % | 27.8 % | -6.1 % | -9.4 % |
ROI | 7.0 % | 13.0 % | 12.5 % | -2.3 % | -3.8 % |
Economic value added (EVA) | 1 790.92 | 8 763.40 | 8 834.33 | -10 539.39 | -11 986.38 |
Solvency | |||||
Equity ratio | 27.1 % | 30.9 % | 36.2 % | 35.4 % | 34.4 % |
Gearing | 277.4 % | 197.3 % | 146.5 % | 153.5 % | 163.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.1 | 0.8 | 1.2 | 2.2 |
Current ratio | 0.3 | 0.1 | 0.8 | 1.2 | 2.2 |
Cash and cash equivalents | 565.50 | 304.05 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | BBB | BBB |
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