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 -29707 kDKK in 2023. The operating profit was -33.9 mDKK, while net earnings were -37.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -18.2 %, which can be considered poor and Return on Equity (ROE) was -24.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.5 %, 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 67.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10 858.00 | -15 496.00 | -36 246.00 | -56 318.00 | -29 707.00 |
EBIT | -10 858.00 | -19 430.00 | -41 444.00 | -62 883.00 | -33 875.00 |
Net earnings | -9 585.00 | -15 529.00 | -33 249.00 | -52 979.00 | -37 075.00 |
Shareholders equity total | -9 185.00 | 5 286.00 | 122 037.00 | 69 059.00 | 231 984.00 |
Balance sheet total (assets) | 19 624.00 | 72 158.00 | 184 167.00 | 129 683.00 | 235 470.00 |
Net debt | 28 809.00 | 60 829.00 | 60 043.00 | 60 432.00 | 2 879.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -37.7 % | -38.5 % | -32.3 % | -40.1 % | -18.2 % |
ROE | -48.8 % | -124.7 % | -52.2 % | -55.4 % | -24.6 % |
ROI | -37.7 % | -40.9 % | -33.4 % | -40.3 % | -18.3 % |
Economic value added (EVA) | -9 581.47 | -14 693.83 | -32 592.49 | -58 876.06 | -34 632.22 |
Solvency | |||||
Equity ratio | -31.9 % | 7.3 % | 66.3 % | 53.3 % | 98.5 % |
Gearing | -313.7 % | 1150.8 % | 49.3 % | 87.5 % | 1.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.1 | 3.0 | 2.1 | 67.5 |
Current ratio | 0.7 | 1.1 | 3.0 | 2.1 | 67.5 |
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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