Ørsted Nearshore Wind ApS

CVR number: 31080223
Kraftværksvej 53, Skærbæk 7000 Fredericia

Credit rating

Company information

Official name
Ørsted Nearshore Wind ApS
Established
2007
Domicile
Skærbæk
Company form
Private limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About Ørsted Nearshore Wind ApS

Ørsted Nearshore Wind ApS (CVR number: 31080223) is a company from FREDERICIA. The company reported a net sales of 12 mDKK in 2023, demonstrating a decline of -54.3 % compared to the previous year. The operating profit percentage was at 16.9 % (EBIT: 2 mDKK), while net earnings were 3773 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 88.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ørsted Nearshore Wind ApS's liquidity measured by quick ratio was 21.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales7 309.004 629.0011 758.0026 213.0011 990.00
Gross profit10 407.00154.009 227.0022 992.006 652.00
EBIT36 590.00-6 115.003 506.0017 819.002 026.00
Net earnings28 404.00-4 875.002 626.0014 026.003 773.00
Shareholders equity total88 138.0083 263.0085 889.0099 915.00103 688.00
Balance sheet total (assets)95 075.0090 221.0093 346.00111 232.00112 577.00
Net debt134.00513.00322.00465.001 269.00
Profitability
EBIT-%500.6 %-132.1 %29.8 %68.0 %16.9 %
ROA43.8 %-6.6 %3.8 %17.7 %4.5 %
ROE38.4 %-5.7 %3.1 %15.1 %3.7 %
ROI44.0 %-6.6 %3.8 %18.3 %4.7 %
Economic value added (EVA)25 540.44-9 198.63-1 448.749 582.941 541.61
Solvency
Equity ratio92.7 %92.3 %92.0 %85.3 %88.6 %
Gearing0.2 %0.6 %0.4 %0.5 %1.2 %
Relative net indebtedness %2.5 %12.5 %13.1 %43.2 %74.1 %
Liquidity
Quick ratio311.199.042.916.421.4
Current ratio311.199.042.916.421.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)8.612.34.62.624.0
Net working capital %763.6 %1227.7 %550.3 %320.0 %757.5 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:4.50%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.6%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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