Ørsted (https://www.nordnet.dk/markedet/aktiekurser/16557154-orsted) is a danish energy company. It did fall around 25% in value today so I took a closer look at the company.
The company earning (Resultat efter skat) has increased from 7.235 MDKK in 2019 to 14.996 MDKK. I think that is impressive. It also have a dividend yield of 3,21%. That is quite nice and above my target of 3%.
Ørsted P/E is on 17,32 and P/B is 1.5. I would say that it is not alarming at all.
I took the liberty to buy additional 36 shares in this company
Financial independence 
2 thoughts on “Ørsted”