Orsted A/S (ORSTED) - Net Assets
Based on the latest financial reports, Orsted A/S (ORSTED) has net assets worth Dkr97.42 Billion DKK (≈ $15.24 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr285.11 Billion ≈ $44.61 Billion USD) and total liabilities (Dkr187.69 Billion ≈ $29.37 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ORSTED tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr97.42 Billion |
| % of Total Assets | 34.17% |
| Annual Growth Rate | 8.81% |
| 5-Year Change | -3.95% |
| 10-Year Change | 80.69% |
| Growth Volatility | 19.66 |
Orsted A/S - Net Assets Trend (2001–2024)
This chart illustrates how Orsted A/S's net assets have evolved over time, based on quarterly financial data. See ORSTED defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Orsted A/S (2001–2024)
The table below shows the annual net assets of Orsted A/S from 2001 to 2024. For live valuation and market cap data, see ORSTED stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr93.48 Billion ≈ $14.63 Billion |
+20.17% |
| 2023-12-31 | Dkr77.79 Billion ≈ $12.17 Billion |
-18.57% |
| 2022-12-31 | Dkr95.53 Billion ≈ $14.95 Billion |
+12.21% |
| 2021-12-31 | Dkr85.14 Billion ≈ $13.32 Billion |
-12.53% |
| 2020-12-31 | Dkr97.33 Billion ≈ $15.23 Billion |
+8.67% |
| 2019-12-31 | Dkr89.56 Billion ≈ $14.01 Billion |
+5.22% |
| 2018-12-31 | Dkr85.11 Billion ≈ $13.32 Billion |
+18.48% |
| 2017-12-31 | Dkr71.84 Billion ≈ $11.24 Billion |
+24.93% |
| 2016-12-31 | Dkr57.50 Billion ≈ $9.00 Billion |
+11.14% |
| 2015-12-31 | Dkr51.74 Billion ≈ $8.09 Billion |
-15.92% |
| 2014-12-31 | Dkr61.53 Billion ≈ $9.63 Billion |
+19.38% |
| 2013-12-31 | Dkr51.54 Billion ≈ $8.06 Billion |
+3.05% |
| 2012-12-31 | Dkr50.02 Billion ≈ $7.83 Billion |
-13.38% |
| 2011-12-31 | Dkr57.74 Billion ≈ $9.03 Billion |
+12.54% |
| 2010-12-31 | Dkr51.31 Billion ≈ $8.03 Billion |
+14.51% |
| 2009-12-31 | Dkr44.81 Billion ≈ $7.01 Billion |
-2.99% |
| 2008-12-31 | Dkr46.19 Billion ≈ $7.23 Billion |
+9.43% |
| 2007-12-31 | Dkr42.21 Billion ≈ $6.60 Billion |
-0.13% |
| 2006-12-31 | Dkr42.27 Billion ≈ $6.61 Billion |
+60.85% |
| 2005-12-31 | Dkr26.28 Billion ≈ $4.11 Billion |
+60.79% |
| 2004-12-31 | Dkr16.34 Billion ≈ $2.56 Billion |
-5.84% |
| 2003-12-31 | Dkr17.36 Billion ≈ $2.72 Billion |
+18.44% |
| 2002-12-31 | Dkr14.66 Billion ≈ $2.29 Billion |
+9.34% |
| 2001-12-31 | Dkr13.40 Billion ≈ $2.10 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Orsted A/S's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1023.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr63.10 Billion | 75.94% |
| Other Components | Dkr20.00 Billion | 24.06% |
| Total Equity | Dkr83.09 Billion | 100.00% |
Orsted A/S Competitors by Market Cap
The table below lists competitors of Orsted A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Astera Labs, Inc.
NASDAQ:ALAB
|
$34.25 Billion |
|
ENDESA ADR/ 1/2 EO 120
F:ENAA
|
$34.26 Billion |
|
Live Nation Entertainment Inc
NYSE:LYV
|
$34.35 Billion |
|
WEG S.A
SA:WEGE3
|
$34.40 Billion |
|
Zoetis Inc
NYSE:ZTS
|
$34.19 Billion |
|
Kimberly-Clark Corporation
NYSE:KMB
|
$34.17 Billion |
|
TESCO PLC ADR/1 LS-05
F:TCO2
|
$34.10 Billion |
|
EQT Corporation
NYSE:EQT
|
$34.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Orsted A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 75,885,000,000 to 83,093,000,000, a change of 7,208,000,000 (9.5%).
- Net loss of 206,000,000 reduced equity.
- Other comprehensive income decreased equity by 8,852,000,000.
- Other factors increased equity by 16,266,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr-206.00 Million | -0.25% |
| Other Comprehensive Income | Dkr-8.85 Billion | -10.65% |
| Other Changes | Dkr16.27 Billion | +19.58% |
| Total Change | Dkr- | 9.50% |
Book Value vs Market Value Analysis
This analysis compares Orsted A/S's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.84x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.13x to 0.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Dkr146.26 | Dkr165.65 | x |
| 2013-12-31 | Dkr152.65 | Dkr165.65 | x |
| 2014-12-31 | Dkr136.93 | Dkr165.65 | x |
| 2015-12-31 | Dkr108.20 | Dkr165.65 | x |
| 2016-12-31 | Dkr124.56 | Dkr165.65 | x |
| 2017-12-31 | Dkr161.81 | Dkr165.65 | x |
| 2018-12-31 | Dkr194.31 | Dkr165.65 | x |
| 2019-12-31 | Dkr205.27 | Dkr165.65 | x |
| 2020-12-31 | Dkr225.07 | Dkr165.65 | x |
| 2021-12-31 | Dkr195.19 | Dkr165.65 | x |
| 2022-12-31 | Dkr217.71 | Dkr165.65 | x |
| 2023-12-31 | Dkr180.46 | Dkr165.65 | x |
| 2024-12-31 | Dkr197.73 | Dkr165.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Orsted A/S utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.35%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 3.60x
- Recent ROE (-0.25%) is below the historical average (3.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -10.91% | -7.12% | 0.42x | 3.67x | Dkr-8.98 Billion |
| 2013 | -3.55% | -2.20% | 0.50x | 3.25x | Dkr-6.07 Billion |
| 2014 | -4.20% | -3.22% | 0.48x | 2.73x | Dkr-7.81 Billion |
| 2015 | -20.85% | -12.71% | 0.50x | 3.25x | Dkr-13.99 Billion |
| 2016 | 15.37% | 14.02% | 0.42x | 2.61x | Dkr2.81 Billion |
| 2017 | 19.58% | 22.31% | 0.41x | 2.15x | Dkr6.52 Billion |
| 2018 | 22.33% | 26.59% | 0.39x | 2.14x | Dkr10.08 Billion |
| 2019 | 8.32% | 12.10% | 0.31x | 2.23x | Dkr-1.45 Billion |
| 2020 | 16.49% | 42.04% | 0.19x | 2.08x | Dkr6.14 Billion |
| 2021 | 13.36% | 15.86% | 0.26x | 3.30x | Dkr2.76 Billion |
| 2022 | 16.52% | 12.00% | 0.40x | 3.43x | Dkr5.97 Billion |
| 2023 | -27.02% | -29.69% | 0.25x | 3.70x | Dkr-28.09 Billion |
| 2024 | -0.25% | -0.35% | 0.20x | 3.60x | Dkr-8.52 Billion |
Industry Comparison
This section compares Orsted A/S's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $20,534,000
- Average return on equity (ROE) among peers: -52.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orsted A/S (ORSTED) | Dkr97.42 Billion | -10.91% | 1.93x | $34.24 Billion |
| Green Hydrogen Systems AS (GREENH) | $20.53 Million | -52.28% | 0.99x | $12.07 Million |
About Orsted A/S
Ørsted A/S, together with its subsidiaries, owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants. It operates through Offshore, Onshore, and Bioenergy & Other segments. The Offshore segment owns, develops, constructs, and operates offshore wind farms in Europe, the United States, and the Asia … Read more