Ørsted Pipelines A/S — Credit Rating and Financial Key Figures

CVR number: 27921825
Kraftværksvej 53, Skærbæk 7000 Fredericia

Company information

Official name
Ørsted Pipelines A/S
Established
2004
Domicile
Skærbæk
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
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- 245.00-21.0051.00
Shareholders equity total- 226 896.0025 898.0025 653.0025 632.0025 683.00
Balance sheet total (assets)142 328.00321 045.0025 678.0025 657.0025 726.00
Net debt295 087.00295 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)-7 005.4711 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 ratio1.92 184.01 027.11 026.3598.3
Current ratio1.92 184.01 027.11 026.3598.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:0.26%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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