Fundies.
English

Ørsted A/S

ESEF
Report (type unavailable) · filed 2026-09-02

Annual consolidated revenue for 2025: about DKK 73.24B, using the latest reported figures. The previous period, 2024, was about DKK 71.03B.

Inspect reported changes Compare with another company Historical disclosures Segments
Watchlist

Latest quarter

Revenue

20.6 billion DKK

2026-06-30 · DKK

Exact inputs and evidence
  • Revenue: 20648000000 DKK Source

Operating margin

7.86%

2026-06-30 · %

Exact inputs and evidence
  • Operating Income: 1622000000 DKK Source
  • Revenue: 20648000000 DKK Source

Operating cash flow

2.59 billion DKK

2026-06-30 · DKK

Exact inputs and evidence
  • Operating Cash Flow: 2587000000 DKK Source
Cash and cash equivalents
20.5 billion DKK Source
Exact value

20509000000 DKK

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

83.7 billion DKK

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 12270000000 DKK · 2025-07-01 – 2025-09-30 Source
  • Revenue: 73244000000 DKK · 2025-01-01 – 2025-12-31 Source
  • Revenue: 50110000000 DKK · 2025-01-01 – 2025-09-30 Source
  • Revenue: 27620000000 DKK · 2026-01-01 – 2026-03-31 Source
  • Revenue: 20648000000 DKK · 2026-04-01 – 2026-06-30 Source

Net income

-3.12 billion DKK

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: -1789000000 DKK · 2025-07-01 – 2025-09-30 Source
  • Net income: 1727000000 DKK · 2025-01-01 – 2025-12-31 Source
  • Net income: 5750000000 DKK · 2025-01-01 – 2025-09-30 Source
  • Net income: 2176000000 DKK · 2026-01-01 – 2026-03-31 Source
  • Net income: 518000000 DKK · 2026-04-01 – 2026-06-30 Source

Operating cash flow

25 billion DKK

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: -1166000000 DKK · 2025-07-01 – 2025-09-30 Source
  • Operating cash flow: 23741000000 DKK · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 6654000000 DKK · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 6537000000 DKK · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 2587000000 DKK · 2026-04-01 – 2026-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-09-02.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 7 of 11 periods available· newest 2025-12-31
  • Operating income: 7 of 11 periods available· newest 2025-12-31
  • Net income: 7 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 7 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 7 of 11 periods available· newest 2025-12-31
  • Total liabilities: 7 of 11 periods available· newest 2025-12-31
  • Current assets: 7 of 11 periods available· newest 2025-12-31
  • Current liabilities: 7 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +3.1%

    Prior period

    DKK 71.03 billion

    –

    Current period

    DKK 73.24 billion

    –

    Exact inputs and evidence

    73244000000 − 71034000000 = 2210000000 DKK

    71034000000 DKK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    73244000000 DKK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +DKK 2.65 billion

    Prior period

    −DKK 923 million

    –

    Current period

    DKK 1.73 billion

    –

    Exact inputs and evidence

    1727000000 − -923000000 = 2650000000 DKK

    -923000000 DKK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1727000000 DKK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +29.3%

    Prior period

    DKK 18.36 billion

    –

    Current period

    DKK 23.74 billion

    –

    Exact inputs and evidence

    23741000000 − 18356000000 = 5385000000 DKK

    18356000000 DKK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    23741000000 DKK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue DKK 73.24 billion 100% of revenue
  • Operating costs Derived DKK 64.62 billion 88% of revenue
  • Operating income DKK 8.62 billion 12% of revenue
  • Tax, interest and other Derived DKK 6.89 billion 9.4% of revenue
  • Net income DKK 1.73 billion 2.4% of revenue

Cash

  • Operating cash flow DKK 23.74 billion 32% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2019 9.2%84%
  • 2020 Net income was higher than operating income, so the split is not drawn.
  • 2021 13%79%
  • 2022 13%83%
  • 2023 Operating loss: operating costs were 123% of revenue.
  • 2024 Net loss: net income was −1.3% of revenue.
  • 2025 9.4%88%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2019 2019-01-01 – 2019-12-3170398000000 58810000000 Derived 11588000000 5082000000 Derived 6506000000 Unavailable
Source
2020 2020-01-01 – 2020-12-3150151000000 41141000000 Derived 9010000000 -6100000000 Derived 15110000000 Unavailable
Source
2021 2021-01-01 – 2021-12-3177673000000 61478000000 Derived 16195000000 5973000000 Derived 10222000000 Unavailable
Source
2022 2022-01-01 – 2022-12-31114417000000 94643000000 Derived 19774000000 5225000000 Derived 14549000000 Unavailable
Source
2023 2023-01-01 – 2023-12-3179255000000 97108000000 Derived -17853000000 3206000000 Derived -21059000000 Unavailable
Source
2024 2024-01-01 – 2024-12-3171034000000 64863000000 Derived 6171000000 7094000000 Derived -923000000 Unavailable
Source
2025 2025-01-01 – 2025-12-3173244000000 64624000000 Derived 8620000000 6893000000 Derived 1727000000 Unavailable
Source

Amounts are exact, in DKK.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

DKK 73.2B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.123.6B92.7B61.8B30.9B0.0201920222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(DKK)Source evidence
2019Revenue70398000000
2020Revenue50151000000
2021Revenue77673000000
2022Revenue114417000000
2023Revenue79255000000
2024Revenue71034000000
2025Revenue73244000000

Revenue growth

Change in revenue from the same financial period one year earlier.

3.1% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.62%37%12%-13%-38%201920222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2019Year over yearNo prior comparable period
2020Year over year-28.8%
2021Year over year54.9%
2022Year over year47.3%
2023Year over year-30.7%
2024Year over year-10.4%
2025Year over year3.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 11.8% 2025
Net margin 2.4% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.35%18%2%-15%-31%201920222025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2019Operating margin16.5%
2020Operating margin18%
2021Operating margin20.9%
2022Operating margin17.3%
2023Operating margin-22.5%
2024Operating margin8.7%
2025Operating margin11.8%
2019Net margin9.2%
2020Net margin30.1%
2021Net margin13.2%
2022Net margin12.7%
2023Net margin-26.6%
2024Net margin-1.3%
2025Net margin2.4%
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

DKK 23.7B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.30.8B23.1B15.4B7.7B0.0201920222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(DKK)Source evidence
2019Operating cash flow13079000000
2020Operating cash flow16466000000
2021Operating cash flow12148000000
2022Operating cash flow11924000000
2023Operating cash flow28532000000
2024Operating cash flow18356000000
2025Operating cash flow23741000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(DKK)Source evidence
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

59% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.78%59%39%20%0%201920222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2019Liabilities / assets49%
2020Liabilities / assets50.2%
2021Liabilities / assets68.3%
2022Liabilities / assets69.6%
2023Liabilities / assets72.3%
2024Liabilities / assets68.7%
2025Liabilities / assets59%

Current assets to current liabilities

Current assets divided by current liabilities.

1.94× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.20×1.65×1.10×0.55×0.00×201920222025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2019Current assets / current liabilities2.03×
2020Current assets / current liabilities1.85×
2021Current assets / current liabilities1×
2022Current assets / current liabilities1.51×
2023Current assets / current liabilities1.42×
2024Current assets / current liabilities1.48×
2025Current assets / current liabilities1.94×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2019 2019-01-01 – 2019-12-31
DKK 6.51 billion
Exact value

Exact value: 6506000000 DKK

2019-01-01 – 2019-12-31: 6506000000 DKK Inspect Net Income Open source
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DKK 13.08 billion
Exact value

Exact value: 13079000000 DKK

2019-01-01 – 2019-12-31: 13079000000 DKK Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
DKK 15.11 billion
Exact value

Exact value: 15110000000 DKK

2020-01-01 – 2020-12-31: 15110000000 DKK Inspect Net Income Open source
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DKK 16.47 billion
Exact value

Exact value: 16466000000 DKK

2020-01-01 – 2020-12-31: 16466000000 DKK Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
DKK 10.22 billion
Exact value

Exact value: 10222000000 DKK

2021-01-01 – 2021-12-31: 10222000000 DKK Inspect Net Income Open source
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DKK 12.15 billion
Exact value

Exact value: 12148000000 DKK

2021-01-01 – 2021-12-31: 12148000000 DKK Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
DKK 14.55 billion
Exact value

Exact value: 14549000000 DKK

2022-01-01 – 2022-12-31: 14549000000 DKK Inspect Net Income Open source
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DKK 11.92 billion
Exact value

Exact value: 11924000000 DKK

2022-01-01 – 2022-12-31: 11924000000 DKK Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
−DKK 21.06 billion
Exact value

Exact value: -21059000000 DKK

2023-01-01 – 2023-12-31: -21059000000 DKK Inspect Net Income Open source
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DKK 28.53 billion
Exact value

Exact value: 28532000000 DKK

2023-01-01 – 2023-12-31: 28532000000 DKK Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
−DKK 923 million
Exact value

Exact value: -923000000 DKK

2024-01-01 – 2024-12-31: -923000000 DKK Inspect Net Income Open source
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DKK 18.36 billion
Exact value

Exact value: 18356000000 DKK

2024-01-01 – 2024-12-31: 18356000000 DKK Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
DKK 1.73 billion
Exact value

Exact value: 1727000000 DKK

2025-01-01 – 2025-12-31: 1727000000 DKK Inspect Net Income Open source
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DKK 23.74 billion
Exact value

Exact value: 23741000000 DKK

2025-01-01 – 2025-12-31: 23741000000 DKK Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

23 filings · 2,604 latest values · 2,604 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: W9NG6WMZIYEU8VEDOG48, esef:W9NG6WMZIYEU8VEDOG48