Ørsted Onshore Holding A/S — Credit Rating and Financial Key Figures

CVR number: 39192985
Kraftværksvej 53, Skærbæk 7000 Fredericia

Credit rating

Company information

Official name
Ørsted Onshore Holding A/S
Established
2017
Domicile
Skærbæk
Company form
Limited company
Industry

About Ørsted Onshore Holding A/S

Ørsted Onshore Holding A/S (CVR number: 39192985) is a company from FREDERICIA. The company recorded a gross profit of -13288 kDKK in 2023. The operating profit was -13.3 mDKK, while net earnings were -264.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -10 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.6 %, 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 Onshore Holding A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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-10.00-5.00-59 957.00-4 430.00-13 288.00
EBIT-10.00-5.00-59 957.00-4 430.00-13 288.00
Net earnings-41 287.00-24 765.00-70 276.00- 172 479.00- 264 256.00
Shareholders equity total21 772.00-2 993.002 956 731.002 784 252.002 519 996.00
Balance sheet total (assets)21 791.005 301.005 164 004.009 256 349.009 485 179.00
Net debt8 294.002 207 035.006 471 840.006 964 469.00
Profitability
EBIT-%
ROA-97.3 %-164.3 %-1.7 %-1.7 %-0.4 %
ROE-97.3 %-182.9 %-4.7 %-6.0 %-10.0 %
ROI-97.3 %-164.4 %-1.7 %-1.7 %-0.4 %
Economic value added (EVA)-1 123.33-1 097.91-57 091.77102 156.99430 751.16
Solvency
Equity ratio99.9 %-36.1 %57.3 %30.1 %26.6 %
Gearing-277.1 %74.6 %232.4 %276.4 %
Relative net indebtedness %
Liquidity
Quick ratio1 146.90.00.10.01.3
Current ratio1 146.90.00.10.01.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBB

Variable visualization

ROA:-0.43%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.6%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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