VESTAS WIND SYSTEMS A/S: Financial statements 2020
CVR: 10403782
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
VESTAS WIND SYSTEMS A/S (CVR 10403782) has filed annual accounts for 2020. In 2020, the company reported revenue of EUR 14,819,000,000 and a net result of EUR 771,000,000 compared with EUR 700,000,000 the year before. That is an increase of 22% compared with the year before. The profit margin was 5.2%. Equity in the 2020 report amounted to EUR 4,703,000,000. The solvency ratio was 25.9%. The company had 26,121 employees in the financial year.
- Revenue
- EUR 14,819,000,000
- Gross Profit
- EUR 1,538,000,000
- Profit/Loss
- EUR 771,000,000
- Equity
- EUR 4,703,000,000
- Total Assets
- EUR 18,160,000,000
- Employees
- 26,121
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 14.8 mia. EUR | 1.5 mia. EUR | 771 mio. EUR | 4.7 mia. EUR | 26121 |
| 2019 | 12.1 mia. EUR | 1.8 mia. EUR | 700 mio. EUR | 3.3 mia. EUR | - |
| 2018 | 10.1 mia. EUR | 1.6 mia. EUR | 683 mio. EUR | 3.1 mia. EUR | - |
| 2017 | 10 mia. EUR | 2 mia. EUR | 894 mio. EUR | 3.1 mia. EUR | - |
| 2016 | 10.2 mia. EUR | 2.1 mia. EUR | 965 mio. EUR | 3.2 mia. EUR | - |
Official annual report
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Read about the CDS scoreEvents in 2020
VESTAS WIND SYSTEMS A/S has published its interim report for the period January 1, 2020 – September 30, 2020.
VESTAS WIND SYSTEMS A/S has published its interim report for the period January 1, 2020 – June 30, 2020.
VESTAS WIND SYSTEMS A/S has published its interim report for the period January 1, 2020 – March 31, 2020.
VESTAS WIND SYSTEMS A/S has published its annual report for 2019. Revenue came to DKK 12,147,000,000, and the net result was DKK 700,000,000.
As of May 1, 2020, Boon Wei Østergaard has joined the board of directors of VESTAS WIND SYSTEMS A/S.
As of May 1, 2020, Pia Kirk Jensen has joined the board of directors of VESTAS WIND SYSTEMS A/S.
As of April 30, 2020, Peter Lindholst has left the board of directors of VESTAS WIND SYSTEMS A/S.
As of April 30, 2020, Pia Kirk Jensen has left the board of directors of VESTAS WIND SYSTEMS A/S.
As of April 7, 2020, Anders Runevad has joined the board of directors of VESTAS WIND SYSTEMS A/S.
As of April 7, 2020, Pia Kirk Jensen has joined the board of directors of VESTAS WIND SYSTEMS A/S.
About VESTAS WIND SYSTEMS A/S
VESTAS WIND SYSTEMS A/S is a Danish company of the type Aktieselskab based in Aarhus N, founded in 1986. The company is registered under the industry Forskning og eksperimentel udvikling inden for naturvidenskab og teknik. The company was previously named ASX 10672 A/S. The management consists of Henrik Andersen and Jakob Wegge-Larsen. The board consists of Anders Runevad (chair), Karl-Henrik Sundström, Anders Boyer-Søgaard and Bruno Stéphane Emmanuel Bensasson. The company is owned by BlackRock, Inc.. The company has 3,124 employees (2026). In 2025, the company reported revenue of EUR 18,822,000,000 and a net result of EUR 780,000,000 compared with EUR 494,000,000 the year before. Equity in the 2025 report amounted to EUR 3,881,000,000.