Ørsted Horns Rev 2 A/S — Credit Rating and Financial Key Figures

Ørsted Horns Rev 2 A/S (CVR number: 31849322) is a company from FREDERICIA. The company reported a net sales of 505.8 mDKK in 2023, demonstrating a decline of -58.1 % compared to the previous year. The operating profit percentage was at 48.9 % (EBIT: 247.2 mDKK), while net earnings were 189.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 26.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ørsted Horns Rev 2 A/S's liquidity measured by quick ratio was 10.1 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.