LM WIND POWER A/S: Financial statements 2023
CVR: 76490511
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
LM WIND POWER A/S (CVR 76490511) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 3,553,138,000 and a net result of DKK -1,990,055,000 compared with DKK -1,356,954,000 the year before. That is a decrease of 25.5% compared with the year before. The profit margin was -56%. Equity in the 2023 report amounted to DKK -1,546,804,000. The company had 279 employees in the financial year.
- Revenue
- DKK 3,553,138,000
- Gross Profit
- DKK -1,352,401,000
- Profit/Loss
- DKK -1,990,055,000
- Equity
- DKK -1,546,804,000
- Total Assets
- DKK 3,538,751,000
- Employees
- 279
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | 3.6B | -1.4B | -2B | -1.5B | 279 |
| 2022 | 4.8B | -1.1B | -1.4B | -1.5B | 418 |
| 2021 | 5.6B | -410M | -1.2B | -167.7M | 501 |
| 2020 | 5B | -49M | -533.3M | 884.3M | 481 |
| 2019 | 4.8B | 440.3M | 185.9M | 1.5B | 451 |
Official annual report
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LM WIND POWER A/S has published its annual report for 2022. Revenue came to DKK 4,768,901,000, and the net result was DKK -1,356,954,000.
As of March 13, 2023, Ignazio Alessandro Imburgia has joined the board of directors of LM WIND POWER A/S.
As of March 13, 2023, Ksenia Valtycheva 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.