North Sea Energy Island A/S

CVR number: 42421650
Kraftværksvej 53, Skærbæk 7000 Fredericia
info@orsted.com

Credit rating

Company information

Official name
North Sea Energy Island A/S
Established
2021
Domicile
Skærbæk
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About North Sea Energy Island A/S

North Sea Energy Island A/S (CVR number: 42421650) is a company from FREDERICIA. The company recorded a gross profit of 15.1 mDKK in 2023. The operating profit was 15.1 mDKK, while net earnings were 12.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 38.9 %, which can be considered excellent and Return on Equity (ROE) was 49.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.8 %, 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. North Sea Energy Island A/S's liquidity measured by quick ratio was 1.5 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
202120222023
Volume
Net sales
Gross profit-4 545.00-10 138.0015 077.00
EBIT-4 545.00-10 138.0015 077.00
Net earnings-3 555.00-7 859.0012 120.00
Shareholders equity total26 445.0018 586.0030 706.00
Balance sheet total (assets)27 675.0019 404.0060 471.00
Net debt1 176.00709.0017 913.00
Profitability
EBIT-%
ROA-16.4 %-42.8 %38.9 %
ROE-13.4 %-34.9 %49.2 %
ROI-16.5 %-42.9 %45.8 %
Economic value added (EVA)-3 544.86-9 237.0011 709.40
Solvency
Equity ratio95.6 %95.8 %50.8 %
Gearing4.4 %3.8 %58.3 %
Relative net indebtedness %
Liquidity
Quick ratio22.523.71.5
Current ratio22.523.71.5
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:38.9%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

Companies in the same industry

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