Ørsted Balance Sheet Health

Financial Health criteria checks 2/6

Ørsted has a total shareholder equity of DKK93.5B and total debt of DKK87.7B, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are DKK298.8B and DKK205.3B respectively. Ørsted's EBIT is DKK21.8B making its interest coverage ratio 1.8. It has cash and short-term investments of DKK37.7B.

Key information

93.8%

Debt to equity ratio

DKK 87.71b

Debt

Interest coverage ratio	1.8x
Cash	DKK 37.66b
Equity	DKK 93.48b
Total liabilities	DKK 205.30b
Total assets	DKK 298.79b

Recent financial health updates

Does Ørsted (CPH:ORSTED) Have A Healthy Balance Sheet?

Jul 11

Here's Why Ørsted (CPH:ORSTED) Has A Meaningful Debt Burden

Mar 27

Recent updates

Ørsted A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nov 07

Some Confidence Is Lacking In Ørsted A/S' (CPH:ORSTED) P/S

Sep 08

Ørsted A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Aug 17

Ørsted A/S (CPH:ORSTED) Analysts Just Slashed This Year's Revenue Estimates By 1.5%

Aug 16

Ørsted (CPH:ORSTED) Has Some Way To Go To Become A Multi-Bagger

Aug 02

Does Ørsted (CPH:ORSTED) Have A Healthy Balance Sheet?

Jul 11

Ørsted A/S Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

May 04

Investors Met With Slowing Returns on Capital At Ørsted (CPH:ORSTED)

Apr 17

Here's Why Ørsted (CPH:ORSTED) Has A Meaningful Debt Burden

Mar 27

Financial Position Analysis

Short Term Liabilities: ORSTED's short term assets (DKK79.6B) exceed its short term liabilities (DKK53.8B).

Long Term Liabilities: ORSTED's short term assets (DKK79.6B) do not cover its long term liabilities (DKK151.6B).

Debt to Equity History and Analysis

Debt Level: ORSTED's net debt to equity ratio (53.5%) is considered high.

Reducing Debt: ORSTED's debt to equity ratio has increased from 41.1% to 93.8% over the past 5 years.

Debt Coverage: ORSTED's debt is well covered by operating cash flow (20.9%).

Interest Coverage: ORSTED's interest payments on its debt are not well covered by EBIT (1.8x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 18:15
End of Day Share Price	2025/02/07 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ørsted A/S is covered by 41 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Pierre-Yves Gauthier	AlphaValue
Alejandro Conde Fraisoli	Banco Santander

Ørsted Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Does Ørsted (CPH:ORSTED) Have A Healthy Balance Sheet?

Here's Why Ørsted (CPH:ORSTED) Has A Meaningful Debt Burden

Recent updates

Full year 2024 earnings released: kr.2.20 loss per share (vs kr.50.11 loss in FY 2023)

Consensus revenue estimates fall by 16%

Ørsted A/S Announces Executive Changes, Effective 1 February 2025

Price target decreased by 8.1% to kr.401

Consensus EPS estimates fall by 10%

Investor sentiment deteriorates as stock falls 15%

New minor risk - Share price stability

Energy Capital Partners, LLC agreed to acquire 50% stake in Eleven Mile Solar Center, Llc,Mockingbird Solar Center, LLC and Sparta Solar, LLC from Ørsted A/S (CPSE:ORSTED) in a transaction valued at $570 million.

Investors Aren't Entirely Convinced By Ørsted A/S' (CPH:ORSTED) Revenues

Here's What's Concerning About Ørsted's (CPH:ORSTED) Returns On Capital

Ørsted A/S, Annual General Meeting, Apr 03, 2025

Ørsted A/S to Report Fiscal Year 2024 Final Results on Feb 06, 2025

Consensus revenue estimates increase by 11%

Why Ørsted's (CPH:ORSTED) Earnings Are Better Than They Seem

Ørsted A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

New minor risk - Share price stability

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Equinor ASA (OB:EQNR) acquired 9.80% stake in Ørsted A/S (CPSE:ORSTED).

Equinor ASA (OB:EQNR) acquired 9.80% stake in Ørsted A/S (CPSE:ORSTED).

Ørsted A/S Announces Board Changes

Some Confidence Is Lacking In Ørsted A/S' (CPH:ORSTED) P/S

Ørsted A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Ørsted A/S (CPH:ORSTED) Analysts Just Slashed This Year's Revenue Estimates By 1.5%

Ørsted (CPH:ORSTED) Has Some Way To Go To Become A Multi-Bagger

Does Ørsted (CPH:ORSTED) Have A Healthy Balance Sheet?

Ørsted A/S Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

First quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Investors Met With Slowing Returns on Capital At Ørsted (CPH:ORSTED)

U.S. Department of Energy Selects Ørsted to Receive Industrial Decarbonization Funding

Here's Why Ørsted (CPH:ORSTED) Has A Meaningful Debt Burden

Ørsted A/S Appoints Rasmus Errboe as Deputy CEO and Chief Commercial Officer

Less than half of directors are independent

Ørsted A/S Approves No Dividend Payment for the Financial Year 2023

Ørsted A/S Announces CFO Changes

Ørsted A/S Announces Board Resignations

Independent Director recently bought kr.1.5m worth of stock

Ørsted A/S Announces Board Appointments

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 20% undervalued

Ørsted A/S to Report First Half, 2024 Results on Aug 15, 2024

Ørsted Secures 1.6 Gw Electricity Business License for Offshore Wind Project Off the Coast of Incheon, Korea

Ørsted Secures 1.6 Gw Electricity Business License for Offshore Wind Project Off the Coast of Incheon, Korea

Ørsted A/S Announces Change of CFO

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 39% undervalued after recent price drop

Now 21% undervalued after recent price drop

New major risk - Share price stability

Price target decreased by 7.6% to kr.617

Investor sentiment deteriorates as stock falls 16%

Price target decreased by 10% to kr.649

Greencoat Capital LLP completed the acquisition of 25% stake in London Array Offshore Wind Farm in UK from Ørsted A/S (CPSE : ORSTED).

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus revenue estimates increase by 15%

Greencoat UK Wind PLC (LSE:UKW), managed by Greencoat Capital LLP agreed to acquire a 25% stake in London Array Offshore Wind Farm in UK from Ørsted A/S (CPSE : ORSTED) for approximately £720 million.

Greencoat UK Wind PLC (LSE:UKW), managed by Greencoat Capital LLP agreed to acquire a 25% stake in London Array Offshore Wind Farm in UK from Ørsted A/S (CPSE : ORSTED) for approximately £720 million.

Member of Executive Board recently bought kr.1.5m worth of stock

Full year 2022 earnings released: EPS: kr.34.62 (vs kr.24.33 in FY 2021)

Consensus revenue estimates fall by 18%

Upcoming dividend of kr.13.50 per share at 2.2% yield

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources