Orsted A/S
Ørsted A/S, together with its subsidiaries, owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, and energy storage and combined heat and power (CHP) 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-Pacific reg… Read more
Orsted A/S (DOGEF) - Net Assets
Latest net assets as of December 2025: $127.70 Billion USD
Based on the latest financial reports, Orsted A/S (DOGEF) has net assets worth $127.70 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($367.09 Billion) and total liabilities ($239.39 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $127.70 Billion |
| % of Total Assets | 34.79% |
| Annual Growth Rate | 7.48% |
| 5-Year Change | 49.99% |
| 10-Year Change | 122.08% |
| Growth Volatility | 15.8 |
Orsted A/S - Net Assets Trend (2012–2025)
This chart illustrates how Orsted A/S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Orsted A/S (2012–2025)
The table below shows the annual net assets of Orsted A/S from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $127.70 Billion | +36.60% |
| 2024-12-31 | $93.48 Billion | +20.17% |
| 2023-12-31 | $77.79 Billion | -18.57% |
| 2022-12-31 | $95.53 Billion | +12.21% |
| 2021-12-31 | $85.14 Billion | -12.53% |
| 2020-12-31 | $97.33 Billion | +8.67% |
| 2019-12-31 | $89.56 Billion | +5.22% |
| 2018-12-31 | $85.11 Billion | +18.48% |
| 2017-12-31 | $71.84 Billion | +24.93% |
| 2016-12-31 | $57.50 Billion | +11.14% |
| 2015-12-31 | $51.74 Billion | -15.92% |
| 2014-12-31 | $61.53 Billion | +19.38% |
| 2013-12-31 | $51.54 Billion | +3.05% |
| 2012-12-31 | $50.02 Billion | -- |
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 411.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $115.41 Billion | 96.62% |
| Common Stock | $13.18 Billion | 11.04% |
| Other Comprehensive Income | $-9.14 Billion | -7.65% |
| Total Equity | $119.45 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 |
|---|---|
|
Nordea Bank Abp
PINK:NBNKF
|
$42.31 Billion |
|
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
|
$42.34 Billion |
|
Barclays PLC
PINK:BCLYF
|
$42.51 Billion |
|
COINBASE GLB.CL.A -00001
F:1QZ
|
$42.51 Billion |
|
Deutsche Post AG NA O.N.
LSE:0H3Q
|
$41.93 Billion |
|
Waste Connections Inc
NYSE:WCN
|
$41.83 Billion |
|
Entergy Corporation
NYSE:ETR
|
$41.77 Billion |
|
Lonza Group Ltd
PINK:LZAGF
|
$41.73 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 2024 to 2025, total equity changed from 83,093,000,000 to 119,446,832,000, a change of 36,353,832,000 (43.8%).
- Net income of 1,723,088,000 contributed positively to equity growth.
- New share issuances of 59,378,000,000 increased equity.
- Other comprehensive income decreased equity by 24,934,243,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.72 Billion | +1.44% |
| Share Issuances | $59.38 Billion | +49.71% |
| Other Comprehensive Income | $-24.93 Billion | -20.87% |
| Other Changes | $186.99 Million | +0.16% |
| Total Change | $- | 43.75% |
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: 0.31x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $146.26 | $41.16 | x |
| 2013-12-31 | $152.65 | $41.16 | x |
| 2014-12-31 | $136.93 | $41.16 | x |
| 2015-12-31 | $108.20 | $41.16 | x |
| 2016-12-31 | $124.56 | $41.16 | x |
| 2017-12-31 | $161.81 | $41.16 | x |
| 2018-12-31 | $194.31 | $41.16 | x |
| 2019-12-31 | $205.27 | $41.16 | x |
| 2020-12-31 | $225.07 | $41.16 | x |
| 2021-12-31 | $195.19 | $41.16 | x |
| 2022-12-31 | $217.71 | $41.16 | x |
| 2023-12-31 | $180.46 | $41.16 | x |
| 2024-12-31 | $197.25 | $41.16 | x |
| 2025-12-31 | $134.80 | $41.16 | 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): 1.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.72%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 3.07x
- Recent ROE (1.44%) is below the historical average (3.73%), 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 | $-8.98 Billion |
| 2013 | -3.48% | -2.16% | 0.50x | 3.25x | $-6.05 Billion |
| 2014 | -4.34% | -3.32% | 0.48x | 2.73x | $-7.89 Billion |
| 2015 | -20.92% | -12.75% | 0.50x | 3.25x | $-14.02 Billion |
| 2016 | 14.42% | 13.15% | 0.42x | 2.61x | $2.31 Billion |
| 2017 | 27.52% | 31.35% | 0.41x | 2.15x | $11.92 Billion |
| 2018 | 21.81% | 25.97% | 0.39x | 2.14x | $9.65 Billion |
| 2019 | 7.54% | 10.96% | 0.31x | 2.23x | $-2.13 Billion |
| 2020 | 16.49% | 42.04% | 0.19x | 2.08x | $6.14 Billion |
| 2021 | 13.36% | 15.86% | 0.26x | 3.30x | $2.76 Billion |
| 2022 | 16.52% | 12.00% | 0.40x | 3.43x | $5.97 Billion |
| 2023 | -27.02% | -25.87% | 0.28x | 3.70x | $-28.09 Billion |
| 2024 | -0.25% | -0.35% | 0.20x | 3.60x | $-8.52 Billion |
| 2025 | 1.44% | 2.72% | 0.17x | 3.07x | $-10.22 Billion |
Industry Comparison
This section compares Orsted A/S's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orsted A/S (DOGEF) | $127.70 Billion | -10.91% | 1.87x | $42.08 Billion |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |