Ørsted Nearshore Wind ApS
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 309.00 | 4 629.00 | 11 758.00 | 26 213.00 | 11 990.00 |
Gross profit | 10 407.00 | 154.00 | 9 227.00 | 22 992.00 | 6 652.00 |
EBIT | 36 590.00 | -6 115.00 | 3 506.00 | 17 819.00 | 2 026.00 |
Net earnings | 28 404.00 | -4 875.00 | 2 626.00 | 14 026.00 | 3 773.00 |
Shareholders equity total | 88 138.00 | 83 263.00 | 85 889.00 | 99 915.00 | 103 688.00 |
Balance sheet total (assets) | 95 075.00 | 90 221.00 | 93 346.00 | 111 232.00 | 112 577.00 |
Net debt | 134.00 | 513.00 | 322.00 | 465.00 | 1 269.00 |
Profitability | |||||
EBIT-% | 500.6 % | -132.1 % | 29.8 % | 68.0 % | 16.9 % |
ROA | 43.8 % | -6.6 % | 3.8 % | 17.7 % | 4.5 % |
ROE | 38.4 % | -5.7 % | 3.1 % | 15.1 % | 3.7 % |
ROI | 44.0 % | -6.6 % | 3.8 % | 18.3 % | 4.7 % |
Economic value added (EVA) | 25 540.44 | -9 198.63 | -1 448.74 | 9 582.94 | 1 541.61 |
Solvency | |||||
Equity ratio | 92.7 % | 92.3 % | 92.0 % | 85.3 % | 88.6 % |
Gearing | 0.2 % | 0.6 % | 0.4 % | 0.5 % | 1.2 % |
Relative net indebtedness % | 2.5 % | 12.5 % | 13.1 % | 43.2 % | 74.1 % |
Liquidity | |||||
Quick ratio | 311.1 | 99.0 | 42.9 | 16.4 | 21.4 |
Current ratio | 311.1 | 99.0 | 42.9 | 16.4 | 21.4 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 8.6 | 12.3 | 4.6 | 2.6 | 24.0 |
Net working capital % | 763.6 % | 1227.7 % | 550.3 % | 320.0 % | 757.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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