Table of Content
COMPANY EXECUTIVE SUMMARY 1
Table of Contents 2
Tables 6
Charts 7
Orsted A/S - Key Company Facts 8
Orsted A/S - Company Description 9
Orsted A/S - Top Executives 10
Orsted A/S- Top Executives Biographies 11
Orsted A/S- Head Office & Locations 13
Head Office - Country 13
Key Subsidiaries 14
Key Joint Ventures 16
Orsted A/S - Products and Services 17
Products 17
Services 18
Orsted A/S - Historic Events 19
Orsted A/S – Company’s Management Discussion 20
Orsted A/S – Company’s Mission and Vision 27
Vision 27
Orsted A/S - Corporate Strategy 28
Orsted A/S - Business Description 32
Offshore 32
Onshore 33
Bioenergy and Other 33
Orsted A/S - ESG Spotlight 35
Environment 35
Social 36
Corporate Governance 37
Orsted A/S - SWOT Analysis 38
Overview 38
Strengths 40
Weaknesses 43
Opportunities 46
Threats 49
Orsted A/S - Financial Deep Dive 52
Share Price Trend - Jun-2023 to Jun-2024 (Average Share Closing Price) 52
Profit and Loss Statement 54
Balance Sheet 55
Cash Flow Statement 56
Key Financial Ratio Analysis 57
Orsted A/S - Ratio Charts 58
Activity Ratio Charts 58
Growth Ratios Charts 59
Leverage Ratio Charts 60
Liquidity Ratio Charts 61
Profitability Ratio Charts 62
Competing Players 63
Snapshot of Competing Players 64
Enel SpA 64
Key Company Facts 64
Company Description 64
Snapshot of Competing Players 66
Engie SA 66
Key Company Facts 66
Company Description 66
Snapshot of Competing Players 68
Iberdrola SA 68
Key Company Facts 68
Company Description 68
Snapshot of Competing Players 70
Vestas Wind Systems AS 70
Key Company Facts 70
Company Description 70
Snapshot of Competing Players 72
Vattenfall AB 72
Key Company Facts 72
Company Description 72
Orsted A/S - In the News 73
01-May-2024 -Orsted secures licenses to develop large-scale offshore wind projects in Australia 73
29-Apr-2024 -Orsted to divest its French onshore business 75
25-Apr-2024 -Orsted inaugurates the Asia-Pacific region’s largest offshore wind farms 76
21-Mar-2024 -Orsted updates its executive management structure and appoints Rasmus Errboe as Deputy CEO 79
13-Mar-2024 -Orsted secures first access to lower-emission heavy plate steel through MoU with Dillinger 80
13-Mar-2024 -Orsted divests share of four US onshore wind farms to Stonepeak 82
29-Feb-2024 -Sunrise Wind selected for award in New York’s fourth offshore wind solicitation 84
27-Feb-2024 -Orsted appoints new Group CFO and COO 85
19-Feb-2024 -New Chair and Deputy Chair of Orsted’s Board of Directors 87
17-Jan-2024 -Orsted ranked the world’s most sustainable energy developer 89
Orsted A/S - Key Deals 91
22-Feb-2024 - Orsted and Incheon City sign MoU to establish world-class offshore wind power industry in Korea’s Incheon region 91
25-Jan-2024 - Orsted to acquire full ownership of Sunrise Wind subject to award in New York 4 offshore wind solicitation 92
01-Dec-2023 - Orsted partners with Breakthrough Energy Catalyst, the European Commission, and the European Investment Bank for FlagshipONE 93
17-Oct-2023 - Orsted has selected Cathay Life Insurance as preferred bidder for 50 % ownership share in Greater Changhua 4 95
17-Oct-2023 - Orsted extends partnership with Glennmont Partners from Nuveen through divestment of 50 % stake of Gode Wind 3 in Germany 95
17-Aug-2023 - Orsted completes divestment of 25 % of London Array Offshore Wind Farm 96
26-May-2023 - Orsted to acquire Eversource share of uncontracted offshore wind seabed 97
19-Apr-2023 - Orsted enters strategic partnership with Acciona, taking a step forward in commercializing floating wind 99
16-Mar-2023 - Orsted acquires Irish solar project 100
18-Jan-2023 - Orsted to acquire PSEG’s equity share in Ocean Wind 1 101
Appendix 102
Definitions 102
SWOT Analysis 102
PESTLE Analysis 102
Value Chain Analysis 102
ESG Spotlight 102
Financial Deep Dive 102
Financial Ratios - 103
Activity Ratios 103
Growth Ratios 104
Leverage Ratios 105
Liquidity Ratios 106
Market Ratios 107
Profitability Ratios 107
Research Methodology 108
Disclaimer 109
Contact Us 109
List of Figures
Charts
Figure 1: Orsted A/S- SWOT Analysis 39
Figure 2: Orsted A/S - Average Share Price Trend - Jun-2023 to Jun-2024 53
Figure 3: Orsted A/S - Profit and Loss Statement - 2020-2023 54
Figure 4: Orsted A/S - Balance Sheet - 2020-2023 55
Figure 5: Orsted A/S - Cash Flow Statement 2020-2023 56
Figure 6: Orsted A/S - Activity Ratio Charts 58
Figure 7: Orsted A/S - Growth Ratio Charts (Value %) 59
Figure 8: Orsted A/S - Leverage Ratio Charts 60
Figure 9: Orsted A/S - Liquidity Ratio Charts 61
Figure 10: Orsted A/S - Profitability Ratio Charts (Value %) 62
Figure 11: Competing Players - Enel SpA - Key Financials 65
Figure 12: Competing Players - Engie SA - Key Financials 67
Figure 13: Competing Players - Iberdrola SA - Key Financials 69
Figure 14: Competing Players - Vestas Wind Systems AS - Key Financials 71
List of Tables
Tables
Table 1: Orsted A/S - Company Facts 8
Table 2: Orsted A/S - Top Executives 10
Table 3: Orsted A/S - Top Executives Biographies 11
Table 4: Orsted A/S - Subsidiaries 14
Table 5: Orsted A/S - Key Joint Ventures 16
Table 6: Orsted A/S - Products 17
Table 7: Orsted A/S - Services 18
Table 8: Orsted A/S - Historic Events 19
Table 9: Orsted A/S - Share Price Trend - Jun-2023 to Jun-2024 52
Table 10: Orsted A/S - Ratio Analysis - 2020-2023 57
Table 11: Orsted A/S - Competing Players 63
Table 12: Competing Players - Enel SpA - Key Company Facts 64
Table 13: Competing Players - Engie SA - Key Company Facts 66
Table 14: Competing Players - Iberdrola SA - Key Company Facts 68
Table 15: Competing Players - Vestas Wind Systems AS - Key Company Facts 70
Table 16: Competing Players - Vattenfall AB - Key Company Facts 72