LM WIND POWER A/S: Financial statements 2019
CVR: 76490511
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
LM WIND POWER A/S (CVR 76490511) has filed annual accounts for 2019. In 2019, the company reported revenue of DKK 4,750,104,000 and a net result of DKK 185,931,000 compared with DKK -611,012,000 the year before. That is an increase of 139.3% compared with the year before. The profit margin was 3.9%. Equity in the 2019 report amounted to DKK 1,456,699,000. The solvency ratio was 22.8%. The company had 451 employees in the financial year.
- Revenue
- DKK 4,750,104,000
- Gross Profit
- DKK 440,281,000
- Profit/Loss
- DKK 185,931,000
- Equity
- DKK 1,456,699,000
- Total Assets
- DKK 6,382,172,000
- Employees
- 451
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 4.8B | 440.3M | 185.9M | 1.5B | 451 |
| 2018 | 2B | -184.5M | -611M | 1.3B | 399 |
| 2017 | 1.5B | 400.2M | 457.7M | 1.9B | 366 |
| 2016 | 925.1M | 500.8M | 424.1M | 1.2B | 399 |
| 2015 | 675.8M | 424.4M | 266.3M | 781.2M | 366 |
Official annual report
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As of October 1, 2019, Ksenia Valtycheva has joined the board of directors of LM WIND POWER A/S.
As of October 1, 2019, Rodrigo Carneiro da Cunha Torres has left the board of directors of LM WIND POWER A/S.
LM WIND POWER A/S has published its annual report for 2018. Revenue came to DKK 1,984,773,000, and the net result was DKK -611,012,000.
As of July 2, 2019, Jens Rosenkjær Frederiksen has joined the board of directors of LM WIND POWER A/S.
As of July 2, 2019, Jeppe Bjørn Jørgensen has joined the board of directors of LM WIND POWER A/S.
As of July 2, 2019, Rene Kampen Schrøder has joined the board of directors of LM WIND POWER A/S.
As of July 2, 2019, Niels Bjarne Hansen has left the board of directors of LM WIND POWER A/S.
As of July 2, 2019, Christian Munk-Christensen has left the board of directors of LM WIND POWER A/S.
As of July 2, 2019, Michael Lyager Andersen has left the board of directors of LM WIND POWER A/S.
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 41 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.