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LM WIND POWER A/S: Financial statements 2017

CVR: 76490511

Source: annual report 2017, Danish Business Authority

01/01/2017 – 31/12/2017

LM WIND POWER A/S (CVR 76490511) has filed annual accounts for 2017. In 2017, the company reported revenue of DKK 1,494,416,000 and a net result of DKK 457,737,000 compared with DKK 424,065,000 the year before. That is an increase of 61.5% compared with the year before. The profit margin was 30.6%. Equity in the 2017 report amounted to DKK 1,891,986,000. The solvency ratio was 52.4%. The company had 366 employees in the financial year.

Revenue
DKK 1,494,416,000
Gross Profit
DKK 400,229,000
Profit/Loss
DKK 457,737,000
Equity
DKK 1,891,986,000
Total Assets
DKK 3,613,852,000
Employees
366

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20171.5 mia.400.2 mio.457.7 mio.1.9 mia.366
2016925.1 mio.500.8 mio.424.1 mio.1.2 mia.399
2015675.8 mio.424.4 mio.266.3 mio.781.2 mio.366

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Events in 2017

Rodrigo Carneiro da Cunha Torres joins the board of LM WIND POWER A/SJul 6, 2017

As of July 6, 2017, Rodrigo Carneiro da Cunha Torres has joined the board of directors of LM WIND POWER A/S.

Nicholas Alexander Smith leaves the board of LM WIND POWER A/SJul 6, 2017

As of July 6, 2017, Nicholas Alexander Smith has left the board of directors of LM WIND POWER A/S.

Nicholas Alexander Smith steps down as økonomidirektør of LM WIND POWER A/SJul 6, 2017

As of July 6, 2017, Nicholas Alexander Smith has stepped down as økonomidirektør of LM WIND POWER A/S.

LM WIND POWER A/S appoints new auditorMay 15, 2017

As of May 15, 2017, KPMG P/S has been appointed auditor of LM WIND POWER A/S.

Auditor steps down at LM WIND POWER A/SMay 15, 2017

As of May 15, 2017, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of LM WIND POWER A/S.

LM WIND POWER A/S: The 2016 annual report is outApr 28, 2017

LM WIND POWER A/S has published its annual report for 2016. Revenue came to DKK 925,139,000, and the net result was DKK 424,065,000.

About LM WIND POWER A/S

LM WIND POWER A/S is a Danish company of the type Aktieselskab based in Kolding, founded in 1985. The company is registered under the industry Forskning og eksperimentel udvikling inden for naturvidenskab og teknik. The company was previously named LM GLASFIBER A/S. The management consists of Nikolaj Toft. The board consists of Simon Sand Nielsen (chair), Guilherme Andrade de Rangel Moreira and Nikolaj Toft. The company is owned by LM GROUP HOLDING A/S. The company has 45 employees (2026). In 2025, the company reported revenue of DKK 93,966,000 and a net result of DKK 7,013,000 compared with DKK -2,636,496,000 the year before. Equity in the 2025 report amounted to DKK -4,380,180,000.

Source: annual report 2025, Danish Business Authority