Ørsted Salg & Service A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ørsted Salg & Service A/S
Ørsted Salg & Service A/S (CVR number: 27210538K) is a company from FREDERICIA. The company reported a net sales of 44671 mDKK in 2023, demonstrating a decline of -41 % compared to the previous year. The operating profit percentage was at 13.4 % (EBIT: 5980 mDKK), while net earnings were 5002 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 20.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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. Ørsted Salg & Service A/S's liquidity measured by quick ratio was 2.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 33 080.00 | 18 709.00 | 45 785.00 | 75 751.00 | 44 671.00 |
Gross profit | 2 222.00 | 56.00 | 319.00 | 1 985.00 | 6 343.00 |
EBIT | 1 676.00 | - 346.00 | - 893.00 | 419.00 | 5 980.00 |
Net earnings | 753.00 | -1 056.00 | - 267.00 | 67.00 | 5 002.00 |
Shareholders equity total | 10 081.00 | 8 947.00 | 5 903.00 | 19 215.00 | 29 468.00 |
Balance sheet total (assets) | 27 596.00 | 21 507.00 | 69 215.00 | 88 299.00 | 50 100.00 |
Net debt | 3 194.00 | 1 823.00 | 8 963.00 | 9 246.00 | 2 528.00 |
Profitability | |||||
EBIT-% | 5.1 % | -1.8 % | -2.0 % | 0.6 % | 13.4 % |
ROA | 10.1 % | 3.3 % | 1.3 % | 3.8 % | 11.6 % |
ROE | 7.7 % | -11.1 % | -3.6 % | 0.5 % | 20.5 % |
ROI | 19.6 % | 5.8 % | 4.1 % | 10.2 % | 22.1 % |
Economic value added (EVA) | 771.33 | - 715.68 | -1 074.47 | -65.08 | 3 530.48 |
Solvency | |||||
Equity ratio | 36.5 % | 41.6 % | 8.5 % | 21.8 % | 58.8 % |
Gearing | 33.6 % | 22.4 % | 152.3 % | 54.0 % | 8.7 % |
Relative net indebtedness % | 52.4 % | 66.1 % | 138.2 % | 89.7 % | 46.1 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.7 | 1.0 | 1.3 | 2.4 |
Current ratio | 1.7 | 1.9 | 1.1 | 1.4 | 2.6 |
Cash and cash equivalents | 193.00 | 185.00 | 28.00 | 1 124.00 | 40.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.8 | 77.5 | 45.0 | 37.3 | 39.9 |
Net working capital % | 34.5 % | 52.3 % | 11.8 % | 32.8 % | 67.7 % |
Credit risk | |||||
Credit rating | A | BBB | BB | BBB | A |
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