Ørsted Pipelines A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ørsted Pipelines A/S
Ørsted Pipelines A/S (CVR number: 27921825) is a company from FREDERICIA. The company recorded a gross profit of -28 kDKK in 2022. The operating profit was -28 kDKK, while net earnings were 51 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ørsted Pipelines A/S's liquidity measured by quick ratio was 598.3 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -25.00 | - 192.00 | -25.00 | -25.00 | -28.00 |
EBIT | -22 347.00 | - 192.00 | -25.00 | -25.00 | -28.00 |
Net earnings | -19 350.00 | -2 206.00 | - 245.00 | -21.00 | 51.00 |
Shareholders equity total | - 226 896.00 | 25 898.00 | 25 653.00 | 25 632.00 | 25 683.00 |
Balance sheet total (assets) | 142 328.00 | 321 045.00 | 25 678.00 | 25 657.00 | 25 726.00 |
Net debt | 295 087.00 | 295 131.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -6.2 % | -0.1 % | -0.0 % | -0.1 % | 0.3 % |
ROE | -13.4 % | -2.6 % | -1.0 % | -0.1 % | 0.2 % |
ROI | -7.0 % | -0.1 % | -0.0 % | -0.1 % | 0.3 % |
Economic value added (EVA) | -7 005.47 | 11 252.80 | -1 320.88 | -1 308.51 | -1 309.64 |
Solvency | |||||
Equity ratio | -61.5 % | 8.1 % | 99.9 % | 99.9 % | 99.8 % |
Gearing | -130.1 % | 1139.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2 184.0 | 1 027.1 | 1 026.3 | 598.3 |
Current ratio | 1.9 | 2 184.0 | 1 027.1 | 1 026.3 | 598.3 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | B |
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