Ørsted A/S (ETR:D2G)

Ørsted Income Statement

Financials in millions DKK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	72,571	71,034	79,255	114,417	77,673	50,151
Revenue Growth (YoY)	-0.18%	-10.37%	-30.73%	47.31%	54.88%	-28.76%
Selling, General & Admin	9,056	8,697	7,406	7,049	5,760	5,774
Depreciation & Amortization	10,357	10,225	9,795	9,754	7,972	7,588
Other Operating Expenses	37,922	37,994	49,201	86,310	55,520	28,655
Total Operating Expenses	57,335	56,916	66,402	103,113	69,252	42,017
Operating Income	15,236	14,118	12,853	11,304	8,421	8,134
Interest Expense	-4,069	-4,007	-4,279	-3,032	-1,841	-2,106
Interest Income	1,553	1,553	1,642	368	335	374
Net Interest Expense	-2,516	-2,454	-2,637	-2,664	-1,506	-1,732
Income (Loss) on Equity Investments	-7	-31	-19	154	-27	78
Currency Exchange Gain (Loss)	-220	-684	-368	903	32	-18
Other Non-Operating Income (Expenses)	-1,439	-887	1,073	787	-191	-389
EBT Excluding Unusual Items	11,054	10,062	10,902	10,484	6,729	6,073
Gain (Loss) on Sale of Investments	364	434	489	-1,562	-501	-12
Gain (Loss) on Sale of Assets	590	338	5,979	11,216	7,178	11,636
Asset Writedown	-16,052	-15,563	-26,775	-2,529	-129	-
Other Unusual Items	7,335	7,335	-9,621	-	-	-373
Pretax Income	3,291	2,606	-19,026	17,609	13,277	17,324
Income Tax Expense	997	2,590	1,156	2,613	2,390	1,776
Earnings From Continuing Ops.	2,294	16	-20,182	14,996	10,887	15,548
Earnings From Discontinued Ops.	-	-	-	-	-	-11
Net Income to Company	2,294	16	-20,182	14,996	10,887	15,537
Minority Interest in Earnings	-465	-222	-324	130	75	61
Net Income	1,829	-206	-20,506	15,126	10,962	15,598
Preferred Dividends & Other Adjustments	700	717	553	577	740	488
Net Income to Common	1,129	-923	-21,059	14,549	10,222	15,110
Net Income Growth	-	-	-	37.99%	-29.72%	117.21%
Shares Outstanding (Basic)	420	420	420	420	420	420
Shares Outstanding (Diluted)	421	421	421	420	420	420
Shares Change (YoY)	0.15%	0.03%	0.01%	0.01%	0.01%	-0.03%
EPS (Basic)	2.69	-2.20	-50.11	34.62	24.33	35.97
EPS (Diluted)	2.69	-2.20	-50.11	34.60	24.30	35.95
EPS Growth	-	-	-	42.39%	-32.40%	132.32%
Free Cash Flow	-32,598	-24,298	-9,671	-21,080	-22,421	-9,525
Free Cash Flow Per Share	-77.46	-57.77	-23.00	-50.14	-53.34	-22.66
Dividend Per Share	-	-	-	13.500	12.500	11.500
Dividend Growth	-	-	-	8.00%	8.70%	9.52%
Profit Margin	1.56%	-1.30%	-26.57%	12.72%	13.16%	30.13%
Free Cash Flow Margin	-44.92%	-34.21%	-12.20%	-18.42%	-28.87%	-18.99%
EBITDA	24,597	23,347	21,732	20,253	15,718	15,156
EBITDA Margin	33.89%	32.87%	27.42%	17.70%	20.24%	30.22%
D&A For EBITDA	9,361	9,229	8,879	8,949	7,297	7,022
EBIT	15,236	14,118	12,853	11,304	8,421	8,134
EBIT Margin	21.00%	19.88%	16.22%	9.88%	10.84%	16.22%
Effective Tax Rate	30.29%	99.39%	-	14.84%	18.00%	10.25%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.