VESTAS NORTHERN EUROPE A/S
CVR 28118171 · Public limited company (A/S) · Active · Low risk
VESTAS NORTHERN EUROPE A/S is a Public limited company (A/S), founded on , based in Aarhus N. The company is registered in the industry fremstilling af motorer og turbiner, undtagen motorer til flyvemaskiner, motorkøretøjer og knallerter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.1bn and a net result of DKK 85.4m.
Bankruptcy risk for VESTAS NORTHERN EUROPE A/S
0.2 × the average (1.41%) · higher risk than 49% of active Danish companies
Increases the risk
Reduces the risk
The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.
Company details
- CVR number
- 28118171
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (22 years)
- Address
- Hedeager 42
8200 Aarhus N - Municipality
- Aarhus
- Industry
- Fremstilling af motorer og turbiner, undtagen motorer til flyvemaskiner, motorkøretøjer og knallerter (281100)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n. - Share capital
- DKK 100.0m
- Employees
- 297 (2018)
- Auditor
- DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 3 of 22 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 26.3% |
| Current ratio | 86% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 19 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | DKK 7.1bn | DKK 2.6bn | DKK 2.0bn |
| Gross profit | DKK 548.5m | DKK 246.6m | DKK 273.6m |
| Net profit | DKK 85.4m | DKK 343.5m | DKK 113.3m |
| Equity | DKK 1.1bn | DKK 971.0m | DKK 627.6m |
| Total assets | DKK 4.0bn | DKK 3.5bn | DKK 2.3bn |
| Cash | DKK 0 | DKK 45k | – |
| Short-term debt | DKK 2.7bn | DKK 2.5bn | – |
| Tax owed | DKK 18.5m | DKK 18.8m | – |
| Avg. employees | 1,095 | 1,032 | – |
Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Independent Auditor’s Report · Deloitte Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 196 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 197 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 177 | ||
| 1 Jan 2022 – 31 Dec 2022 | 157 | ||
| 1 Jan 2021 – 31 Dec 2021 | 150 | ||
| 1 Jan 2020 – 31 Dec 2020 | 166 | ||
| 1 Jan 2019 – 31 Dec 2019 | 169 | ||
| 1 Jan 2018 – 31 Dec 2018 | 169 | ||
| 1 Jan 2017 – 31 Dec 2017 | 155 | ||
| 1 Jan 2016 – 31 Dec 2016 | 164 | ||
| 1 Jan 2015 – 31 Dec 2015 | 153 | ||
| 1 Jan 2014 – 31 Dec 2014 | 168 | ||
| 1 Jan 2013 – 31 Dec 2013 | 211 | Late | |
| 1 Jan 2012 – 31 Dec 2012 | 160 | ||
| 1 Jan 2011 – 31 Dec 2011 | 135 | ||
| 1 Jan 2010 – 31 Dec 2010 | 93 | ||
| 1 Jan 2009 – 31 Dec 2009 | 74 | ||
| 1 Jan 2008 – 31 Dec 2008 | 81 | ||
| 1 Jan 2007 – 31 Dec 2007 | 112 | ||
| 1 Jan 2006 – 31 Dec 2006 | 120 |
The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.
Management, owners and auditor
| Role | Name | From | To |
|---|---|---|---|
| CEO | Klaus Steen Mortensen | ||
| Board | Brian Timmermann Hedegaard | Current | |
| Board | Annette Høi Butt Terndrup | Current | |
| Board | Carsten Fabricius Madsen | Current | |
| Board | Søren Christian Brodersen | Current | |
| Board | Belén Amaia Sanchéz Talavero | Current | |
| Board | Anna Mascolo | Current | |
| Board | Knud Andersen | ||
| Board | Svend Sigaard | ||
| Board | Henrik Nørremark | ||
| Board | Mogens Filtenborg | ||
| Board | Jens Anders Jensen | ||
| Board | Jan Pilgaard | ||
| Board | Ditlev Helmer Engel | ||
| Board | Claus Skov Christensen | ||
| Board | Brian Dragsdal Isaksen | ||
| Board | Flemming Obenhausen Andersen | ||
| Board | Steen Møller | ||
| Board | Steen Braad Sandbæk | ||
| Board | Gert Kargo Christensen | ||
| Board | Anders Erik Runevad | ||
| Board | Klaus Steen Mortensen | ||
| Board | Juan Araluce Martinez de Azagra | ||
| Board | Inga Malin Samuelsson | ||
| Board | Gert Kargo Christensen | ||
| Board | Torben Steen Andersen | ||
| Board | Cornelis Anthonius Matheus de Baar | ||
| Board | Steen Møller | ||
| Board | Helle Marie Bay | ||
| Board | Kerstin Mariella Knapp | ||
| Board | Claus Skov Christensen | ||
| Board | Thomas Gunner Arendt | ||
| Board | Anna Maria Eleonora Belfrage | ||
| Board | Anne Pearce | ||
| Board | Carsten Fabricius Madsen | ||
| Board | Lise Andersen Linnebjerg | ||
| Owner (100%) | VESTAS WIND SYSTEMS A/S | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | KPMG C.JESPERSEN STATSAUTORISEREDE REVISORER | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | K P M G C JESPERSEN ÅRHUS I/S | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB |
The CEOs' other companies
Klaus Steen Mortensen – 22 other companies, of which 2 bankrupt
- CISCO PARTNERE A/S Bankrupt 17 Jul 2008
- E. PIHL & SØN A/S Bankrupt 26 Aug 2013
- ALEX I. HANSEN & SØN A/S Fusioneret
- BGB A/S Active
- Blue Power Partners A/S Active
- Blue Power Partners HoldCo ApS Active
- BØTØ INVEST ApS Active
- CHR. JENSENS SØNNER. NÆSTVED A/S Fusioneret
- CONNECTED WIND SERVICES DANMARK A/S Active
- COOR SERVICE MANAGEMENT A/S Active
- CS WIND Offshore A/S Active
- CS WIND Offshore DK Holding A/S Active
- CS WIND Offshore Holding A/S Active
- CS WIND Offshore Procurement ApS Active
- E.K. ENTREPRISE A/S Active
- EUROWIND ENERGY A/S Active
- GEORG WOHLERS A/S Opløst
- HOFFMANN/KRÜGER - FARUM A/S Opløst
- NNE A/S Active
- SKANSKA BOLIG A/S Fusioneret
- SKANSKA DANMARK A/S Active
- W. LYNGGAARD PETERSEN HOLDING A/S Active
Address history (3 moves)
| Hedeager 42, 8200 Aarhus N | |
| Hedeager 44, 8200 Aarhus N | |
| Alsvej 21, 8940 Randers SV | |
| Alsvej 21, 8900 Randers C |
Employees per year
Other companies at the same address
- Covento A/S Fusioneret
- Selskabet af 05.04.2017 ApS Opløst
- VESTAS AMERICAS A/S Active
- VESTAS ASIA PACIFIC A/S Active
- VESTAS CENTRAL EUROPE A/S Active
- VESTAS INDIA HOLDING A/S Active
- VESTAS MANUFACTURING A/S Active
- VESTAS MEDITERRANEAN A/S Active
- VESTAS MIDDLE EAST A/S Opløst
- VESTAS OFFSHORE WIND A/S Fusioneret
- VESTAS SHARED SERVICE A/S Active
- VESTAS WIND SYSTEMS A/S Active
- Vestas Development A/S Active
- Vestas Infrastructure Invest ApS Active
- Vestas Ventures A/S Active
- WIND 30 ApS Opløst
- WIND 31 ApS Opløst
- WIND POWER INVEST A/S Active
- Wind Power Development India A/S Active
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Questions and answers about VESTAS NORTHERN EUROPE A/S
Has VESTAS NORTHERN EUROPE A/S gone bankrupt?
No, VESTAS NORTHERN EUROPE A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of VESTAS NORTHERN EUROPE A/S?
Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.
Who is the auditor of VESTAS NORTHERN EUROPE A/S?
VESTAS NORTHERN EUROPE A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was VESTAS NORTHERN EUROPE A/S founded?
VESTAS NORTHERN EUROPE A/S was founded on 30 September 2004.
What is the equity of VESTAS NORTHERN EUROPE A/S?
Equity was DKK 1.1bn according to the annual report for the period ending 31 December 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.