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

CVR number: 26510244
Kraftværksvej 53, Skærbæk 7000 Fredericia

Company information

Official name
Ørsted VE A/S
Established
2002
Domicile
Skærbæk
Company form
Limited company
Industry

About Ørsted VE A/S

Ørsted VE A/S (CVR number: 26510244) is a company from FREDERICIA. The company recorded a gross profit of -53 kDKK in 2023. The operating profit was -53 kDKK, while net earnings were 487 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ørsted VE A/S's liquidity measured by quick ratio was 63.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-43.00-45.00-45.00-51.00-53.00
EBIT-43.00-45.00-45.00-51.00-53.00
Net earnings- 976.00198 740.00-5 272.00-1 185.00487.00
Shareholders equity total283 195.00481 935.00476 663.00475 478.00475 965.00
Balance sheet total (assets)491 618.00481 985.00476 708.00476 666.00476 052.00
Net debt208 423.00
Profitability
EBIT-%
ROA0.1 %43.1 %-0.0 %-0.0 %0.0 %
ROE-0.3 %51.9 %-1.1 %-0.2 %0.1 %
ROI0.1 %43.1 %-0.0 %-0.0 %0.0 %
Economic value added (EVA)9 335.789 367.98- 619.52- 345.907 022.49
Solvency
Equity ratio57.6 %100.0 %100.0 %99.8 %100.0 %
Gearing73.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.027.029.14.463.8
Current ratio0.027.029.14.463.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:0.02%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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