Ørsted Wind Power Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ørsted Wind Power Holding A/S
Ørsted Wind Power Holding A/S (CVR number: 18936674) is a company from FREDERICIA. The company recorded a gross profit of -79512 kDKK in 2024. The operating profit was -79.5 mDKK, while net earnings were -2601.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ørsted Wind Power Holding A/S's liquidity measured by quick ratio was 11 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -18.00 | 9 193.00 | - 832.00 | -87 548.00 | -79 512.00 |
EBIT | -18.00 | 9 193.00 | - 832.00 | -87 548.00 | -79 512.00 |
Net earnings | 20 362 463.00 | 7 922 623.00 | - 356 766.00 | -2 488 669.00 | -2 601 471.00 |
Shareholders equity total | 51 988 100.00 | 47 910 723.00 | 43 553 957.00 | 41 065 288.00 | 88 463 817.00 |
Balance sheet total (assets) | 52 011 312.00 | 47 913 927.00 | 107 836 218.00 | 116 220 404.00 | 157 013 714.00 |
Net debt | 1 114.00 | - 985.00 | 64 275 610.00 | 75 148 684.00 | 68 536 893.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 44.5 % | 15.9 % | 0.1 % | 0.0 % | 0.2 % |
ROE | 44.5 % | 15.9 % | -0.8 % | -5.9 % | -4.0 % |
ROI | 44.5 % | 15.9 % | 0.1 % | 0.0 % | 0.2 % |
Economic value added (EVA) | -1 992 637.24 | -2 606 199.85 | -2 408 331.08 | -5 487 502.29 | -5 901 663.36 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 40.4 % | 35.3 % | 56.3 % |
Gearing | 0.0 % | 0.0 % | 147.6 % | 183.0 % | 77.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8 699.5 | 24 032.0 | 0.0 | 0.4 | 11.0 |
Current ratio | 8 699.5 | 24 032.0 | 0.0 | 0.4 | 11.0 |
Cash and cash equivalents | 987.00 | 3 366.00 | 3 069.00 | 254.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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