Vestas Development A/S

CVR 41058919 · Public limited company (A/S) · Active · Low risk

Vestas Development A/S is a Public limited company (A/S), founded on , based in Aarhus N. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.4bn and a net result of DKK -275.2m. CEO: Thomas Alsbjerg, Kasper Dalsten.

Bankruptcy risk for Vestas Development A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
41058919
Status
Active
Company type
Public limited company (A/S)
Founded
(6 years)
Address
Hedeager 42
8200 Aarhus N
Municipality
Aarhus
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 2.2m
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityNo
Equity ratio93.9%
Current ratio54%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address19
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK -275.2mDKK 100.8m
EquityDKK 2.4bnDKK 1.9bn
Total assetsDKK 2.6bnDKK 2.7bn
CashDKK 4.5m–
Short-term debtDKK 131.2m–
Avg. employees15–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025186 Late
1 Jan 2024 – 31 Dec 2024191 Late
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021201 Late
27 Dec 2019 – 31 Dec 2020180

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

RoleNameFromTo
CEOThomas AlsbjergCurrent
CEOKasper DalstenCurrent
CEOPatrik Vilhelm Winther Setterberg
BoardHenrik AndersenCurrent
BoardThomas Gunner ArendtCurrent
BoardChristopher Charles RogersCurrent
BoardKasper DalstenCurrent
BoardAnnette Høi Butt TerndrupCurrent
BoardSteen Møller
BoardThomas Alsbjerg
BoardNikolaj Tyge Gertz
BoardJuan Araluce Martinez de Azagra
BoardJavier Rodriguez Diez
BoardPatrik Vilhelm Winther Setterberg
Owner (100%)WIND POWER INVEST A/SCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderWIND POWER INVEST A/SCurrent

The CEOs' other companies

Thomas Alsbjerg – 6 other companies

Kasper Dalsten – 1 other companies

Patrik Vilhelm Winther Setterberg – 48 other companies

Address history (0 moves)

Hedeager 42, 8200 Aarhus N

Former names

Vestas Development A/S – now
Wind Power Development A/S –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Vestas Development A/S

Has Vestas Development A/S gone bankrupt?

No, Vestas Development A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Vestas Development A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Vestas Development A/S?

Thomas Alsbjerg, Kasper Dalsten are the CEOs of Vestas Development A/S.

Who is the auditor of Vestas Development A/S?

Vestas Development A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Vestas Development A/S founded?

Vestas Development A/S was founded on 27 December 2019.

What is the equity of Vestas Development A/S?

Equity was DKK 2.4bn 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.