Ørsted Onshore A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ørsted Onshore A/S
Ørsted Onshore A/S (CVR number: 40436839) is a company from FREDERICIA. The company recorded a gross profit of -1774 kDKK in 2024. The operating profit was -3644 kDKK, while net earnings were 3180 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ørsted Onshore A/S's liquidity measured by quick ratio was 169.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -15 496.00 | -36 246.00 | -56 318.00 | -29 707.00 | -1 774.00 |
EBIT | -19 430.00 | -41 444.00 | -62 883.00 | -33 875.00 | -3 644.00 |
Net earnings | -15 529.00 | -33 249.00 | -52 979.00 | -37 075.00 | 3 180.00 |
Shareholders equity total | 5 286.00 | 122 037.00 | 69 059.00 | 231 984.00 | 235 164.00 |
Balance sheet total (assets) | 72 158.00 | 184 167.00 | 129 683.00 | 235 470.00 | 236 557.00 |
Net debt | 60 829.00 | 60 043.00 | 60 432.00 | 2 879.00 | 713.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -38.5 % | -32.3 % | -40.1 % | -18.2 % | 1.8 % |
ROE | -124.7 % | -52.2 % | -55.4 % | -24.6 % | 1.4 % |
ROI | -40.9 % | -33.4 % | -40.3 % | -18.3 % | 1.8 % |
Economic value added (EVA) | -16 141.49 | -35 649.45 | -61 902.46 | -37 702.05 | -14 642.04 |
Solvency | |||||
Equity ratio | 7.3 % | 66.3 % | 53.3 % | 98.5 % | 99.4 % |
Gearing | 1150.8 % | 49.3 % | 87.5 % | 1.2 % | 0.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 3.0 | 2.1 | 67.5 | 169.8 |
Current ratio | 1.1 | 3.0 | 2.1 | 67.5 | 169.8 |
Cash and cash equivalents | 3.00 | 92.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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