LM WIND POWER A/S: Financial statements 2020
CVR: 76490511
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
LM WIND POWER A/S (CVR 76490511) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 5,025,236,000 and a net result of DKK -533,250,000 compared with DKK 185,931,000 the year before. That is an increase of 5.8% compared with the year before. The profit margin was -10.6%. Equity in the 2020 report amounted to DKK 884,274,000. The solvency ratio was 19%. The company had 481 employees in the financial year.
- Revenue
- DKK 5,025,236,000
- Gross Profit
- DKK -48,987,000
- Profit/Loss
- DKK -533,250,000
- Equity
- DKK 884,274,000
- Total Assets
- DKK 4,653,693,000
- Employees
- 481
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 5 mia. | -49 mio. | -533.3 mio. | 884.3 mio. | 481 |
| 2019 | 4.8 mia. | 440.3 mio. | 185.9 mio. | 1.5 mia. | 451 |
| 2018 | 2 mia. | -184.5 mio. | -611 mio. | 1.3 mia. | 399 |
| 2017 | 1.5 mia. | 400.2 mio. | 457.7 mio. | 1.9 mia. | 366 |
| 2016 | 925.1 mio. | 500.8 mio. | 424.1 mio. | 1.2 mia. | 399 |
Official annual report
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As of December 31, 2020, Rene Kampen Schrøder has left the board of directors of LM WIND POWER A/S.
As of December 31, 2020, LM GROUP HOLDING A/S is registered as an owner of LM WIND POWER A/S with an ownership share of 100%.
LM WIND POWER A/S has published its annual report for 2019. Revenue came to DKK 4,750,104,000, and the net result was DKK 185,931,000.
As of July 9, 2020, Rene Kampen Schrøder has joined the board of directors of LM WIND POWER A/S.
As of July 9, 2020, Jens Rosenkjær Frederiksen has left the board of directors of LM WIND POWER A/S.
As of July 9, 2020, Thomas Engelstoft Lindharth has left the board of directors of LM WIND POWER A/S.
As of July 8, 2020, Rene Kampen Schrøder has left the board of directors of LM WIND POWER A/S.
As of February 3, 2020, Olivier Gaston René Fontan has joined the board of directors of LM WIND POWER A/S.
As of February 3, 2020, Duncan Gee Berry has left the board of directors of LM WIND POWER A/S.
As of February 3, 2020, Olivier Gaston René Fontan is registered as adm. dir. 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 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.