LM WIND POWER A/S
CVR 76490511 · Public limited company (A/S) · Active · Low risk
LM WIND POWER A/S is a Public limited company (A/S), founded on , based in Kolding. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 8 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -4.4bn and a net result of DKK 7.0m.
Bankruptcy risk for LM WIND POWER A/S
0.0%
probability of bankruptcy within 12 months
Low risk
0.0 × the average (1.41%) · higher risk than 18% of active Danish companies
Lowest riskHighest risk
Increases the risk
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Reduces the risk
Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
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
- 76490511
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (41 years)
- Address
- Jupitervej 6
6000 Kolding - Municipality
- Kolding
- Industry
- Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 10.0m
- Employees
- 488 (2018)
- Auditor
- Forvis Mazars Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 8 of 31 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -182.6% |
| Current ratio | 25% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 11 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 25 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | DKK 94.0m | DKK 2.1bn | DKK 3.6bn |
| Gross profit | DKK -469.9m | DKK -2.2bn | DKK -1.4bn |
| Net profit | DKK 7.0m | DKK -2.6bn | DKK -2.0bn |
| Equity | DKK -4.4bn | DKK -4.2bn | DKK -1.5bn |
| Total assets | DKK 2.4bn | DKK 3.3bn | DKK 3.5bn |
| Cash | DKK 228k | DKK 624k | – |
| Short-term debt | DKK 6.2bn | DKK 6.6bn | – |
| Avg. employees | 101 | 190 | – |
Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · Forvis MazarsStatsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 181 | ||
| 1 Jan 2024 – 31 Dec 2024 | 217 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 199 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 213 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 214 | Late | |
| 1 Jan 2020 – 31 Dec 2020 | 193 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 276 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 184 | Late | |
| 1 Jan 2017 – 31 Dec 2017 | 190 | Late | |
| 1 Jan 2016 – 31 Dec 2016 | 118 | ||
| 1 Jan 2015 – 31 Dec 2015 | 117 | ||
| 1 Jan 2014 – 31 Dec 2014 | 124 | ||
| 1 Jan 2013 – 31 Dec 2013 | 174 | ||
| 1 Jan 2012 – 31 Dec 2012 | 160 | ||
| 1 Jan 2011 – 31 Dec 2011 | 172 | ||
| 1 Jan 2010 – 31 Dec 2010 | 165 | ||
| 1 Jan 2009 – 31 Dec 2009 | 138 | ||
| 1 Jan 2008 – 31 Dec 2008 | 160 | ||
| 1 Jan 2007 – 31 Dec 2007 | 168 | ||
| 1 Jan 2006 – 31 Dec 2006 | 129 |
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 | Flemming Skouboe | ||
| CEO | Lars Kousgaard Mikkelsen | ||
| CEO | Aksel Bruun Skovgaard | ||
| CEO | Jørgen Devantier Gade | ||
| CEO | Dominique Robert de Lisle Yates | ||
| CEO | Damien Harte | ||
| CEO | Nicholas Alexander Smith | ||
| Board | Nikolaj Toft | Current | |
| Board | Simon Sand Nielsen | Current | |
| Board | Guilherme Andrade de Rangel Moreira | Current | |
| Board | John Korsgaard | ||
| Board | Knud-Erik Hansen | ||
| Board | Nis Benny Iversen | ||
| Board | Niels Bo Andersen | ||
| Board | Jørgen Børsen Bentzen | ||
| Board | Peter Krog-Jørgensen | ||
| Board | Flemming Skouboe | ||
| Board | Aage Hilmar Skouboe | ||
| Board | Johannes Viuff | ||
| Board | Poul Erik Thomsen | ||
| Board | Leif Sebelius Moos | ||
| Board | Per Laursen | ||
| Board | Holger Marius Uhd Hansen | ||
| Board | Jens Vase Madsen | ||
| Board | Niels-Ove Madsen | ||
| Board | Flemming Bjerregaard Rasmussen | ||
| Board | Jørgen Riis Christensen | ||
| Board | Aksel Bruun Skovgaard | ||
| Board | Svend Børge Hansen | ||
| Board | Iver Vejlgaard Vedstesen | ||
| Board | Henrik Christian Petersen | ||
| Board | Anders Mikael Kold | ||
| Board | Anders Damsgaard Christensen | ||
| Board | Anders Jørn Knutsen | ||
| Board | Jesper Vallentin Aagaard | ||
| Board | Steen Oluf Elgaard Pedersen | ||
| Board | Kenneth John Terry | ||
| Board | Åke Rikard Brattberger | ||
| Board | Carl Alan Mark Florman | ||
| Board | Søren Høffer | ||
| Board | Søren Høffer | ||
| Board | Jørgen Devantier Gade | ||
| Board | Søren Friis Knudsen | ||
| Board | Agustin Antonio Lopo Gonzalez | ||
| Board | Sergio Lopez Garcia | ||
| Board | Preben Hansen | ||
| Board | Kasmir Klaus Pomykala | ||
| Board | Thomas Engelstoft Lindharth | ||
| Board | Leif Bøhnke Guldbrandt | ||
| Board | Preben Hansen | ||
| Board | Søren Høffer | ||
| Board | Miguel Angel Balbuena Gomez | ||
| Board | Søren Høffer | ||
| Board | Dominique Robert de Lisle Yates | ||
| Board | Ole Bertelsen | ||
| Board | Damien Harte | ||
| Board | Morten Gade Christensen | ||
| Board | Thomas Engelstoft Lindharth | ||
| Board | Morten Kjul Larsen | ||
| Board | Birgit Østergård Pedersen | ||
| Board | Frank Virenfeldt Nielsen | ||
| Board | Richard Andrew Bevan | ||
| Board | Nicholas Alexander Smith | ||
| Board | Thomas Engelstoft Lindharth | ||
| Board | Niels Bjarne Hansen | ||
| Board | Christian Munk-Christensen | ||
| Board | Michael Lyager Andersen | ||
| Board | Marcus Johannes Cornelis de Jong | ||
| Board | Rodrigo Carneiro da Cunha Torres | ||
| Board | Bjarne Sandager Nielsen | ||
| Board | Duncan Gee Berry | ||
| Board | Jens Rosenkjær Frederiksen | ||
| Board | Jeppe Bjørn Jørgensen | ||
| Board | Rene Kampen Schrøder | ||
| Board | Ksenia Valtycheva | ||
| Board | Olivier Gaston René Fontan | ||
| Board | Rene Kampen Schrøder | ||
| Board | Ignazio Alessandro Imburgia | ||
| Board | Hanif Mashal | ||
| Board | Vibeke Dittrich | ||
| Board | Gurli Rask Nielsen | ||
| Board | Rasmus Duegaard Jensen | ||
| Board | Hoang Thi Thu Ha | ||
| Board | Bibi Teislev | ||
| Board | Sieglinde Jabs | ||
| Owner (100%) | LM GROUP HOLDING A/S | Current | |
| Owner (100%) | LM Wind Power Blades (Spain) S.A. | ||
| Auditor | Forvis Mazars Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | KPMG P/S | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB |
The CEOs' other companies
Flemming Skouboe – 31 other companies, of which 4 bankrupt
- A/S PEDER HANSEN, LEM Bankrupt 8 Jan 1987
- A/S VESTAS (VESTJYDSK STÅLVAREFABRIK) Bankrupt 8 Jan 1987
- VESTAS ENERGY A/S Bankrupt 8 Jan 1987
- VESTAS R & D ApS Bankrupt 8 Jan 1987
- A/S TRANBERG BILER. KOLDING Fusioneret
- A/S af 21. november 2018 Opløst
- ANPARTSSELSKABET AF 1/5 1992 Fusioneret
- ANPARTSSELSKABET AF 1/6 2011 Fusioneret
- ANPARTSSELSKABET AF 17/12 2007 Fusioneret
- ANPARTSSELSKABET AF 19/12 2008 Active
- ANPARTSSELSKABET AF 30/3 2011 Active
- ANPARTSSELSKABET AF 5. JANUAR 2010 Active
- ASKO AKTIESELSKAB Opløst
- BPI A/S Active
- DANISH BOATING INDUSTRY ApS Opløst
- DG HOA INVEST A/S Fusioneret
- EJENDOMSSELSKABET ROLLES MØLLEVEJ 1, LUNDERSKOV, A/S Fusioneret
- FS HOLDING KOLDING ApS Fusioneret
- FS HOLDING KOLDING ApS Active
- KIF HÅNDBOLD ELITE A/S Active
- LM BOATS INTERNATIONAL A/S Fusioneret
- LM GLASFIBER (CHINA) HOLDING A/S Fusioneret
- MØLLEDAMMEN 1 ApS Opløst
- MØLLEDAMMEN 2 ApS Opløst
- MØLLEDAMMEN 3 ApS Opløst
- MØLLEDAMMEN 4 ApS Active
- MØLLEHEGNET HOLDING A/S Active
- MØLLEHEGNET MALLORCA ApS Opløst
- SCHOU & SKOUBOE A/S Opløst
- SCHOU ABSOLUTE A/S Active
Lars Kousgaard Mikkelsen – 47 other companies, of which 3 bankrupt
- HOTEL FANØ A/S Bankrupt 11 Jul 1990
- PRIESS INVEST A/S Bankrupt 11 Jul 2011
- VM EJENDOMSSELSKABET A/S Bankrupt 13 May 2002
- AKTIESELSKABET AF 30. MAJ 2008 Opløst
- ALFRED PRIESS HOLDING A/S Active
- ANPARTSSELSKABET AF 1/6 2011 Fusioneret
- ANPARTSSELSKABET AF 17/12 2007 Fusioneret
- ANPARTSSELSKABET AF 19/12 2008 Active
- ANPARTSSELSKABET AF 3. JULI 2012 Fusioneret
- ANPARTSSELSKABET AF 30/3 2011 Active
- ANPARTSSELSKABET AF 5. JANUAR 2010 Active
- ASKO AKTIESELSKAB Opløst
- COVIA A/S Opløst
- DANSK PROJEKTADMINISTRATION A/S Compulsorily dissolved
- DG HOA INVEST A/S Fusioneret
- DGK II A/S Fusioneret
- DMG BALLING A/S Opløst
- EJENDOMSSELSKABET FREDERICIAGADE 1 A/S Opløst
- FS HOLDING KOLDING 2012 ApS Fusioneret
- FS HOLDING KOLDING ApS Fusioneret
- FS HOLDING KOLDING ApS Active
- HITSA Invest A/S Active
- INCEPTION HORSENS ApS Opløst
- JYSK KAPITALANLÆG A/S Compulsorily dissolved
- KOMPLEMENTARSELSKABET SKAGA HOTEL ApS Opløst
- KØBERSELSKABET I AF 8. AUGUST 2008A/S Opløst
- KØBERSELSKABET II AF 8. AUGUST 2008 A/S Opløst
- KØBERSELSKABET III AF 8. AUGUST 2008 A/S Opløst
- KØBERSELSKABET IV AF 8. AUGUST 2008 A/S Opløst
- LM GLASFIBER (CHINA) HOLDING A/S Fusioneret
Aksel Bruun Skovgaard – 3 other companies
- KIF ERHVERV ApS Compulsorily dissolved
- KP Components A/S Active
- LM GLASFIBER (CHINA) HOLDING A/S Fusioneret
Jørgen Devantier Gade – 20 other companies, of which 2 bankrupt
- SKYSPIDER ApS Bankrupt 30 Oct 2012
- WINTELL A/S Bankrupt 2 Aug 2012
- ABB ENERGI & INDUSTRI A/S Fusioneret
- ABB KLIMAPRODUKTER A/S Fusioneret
- ABB SATT A/S Fusioneret
- COVIA A/S Opløst
- FRICTION HOLDING A/S Fusioneret
- GE POWER DENMARK ApS Active
- JOGA ApS Active
- Körber Supply Chain DK A/S Active
- LM GLASFIBER (CHINA) HOLDING A/S Fusioneret
- LM GROUP HOLDING A/S Active
- LM WIND POWER HOLDING A/S Fusioneret
- LYNGSØ ENERGI & MILJØ A/S Fusioneret
- QUBIQA A/S Active
- SEMCO INSTITUTE A/S Active
- SEMCO MARITIME A/S Active
- VELODUCT-RENKA A/S Fusioneret
- VENTINVEST ApS Compulsorily dissolved
- WINTELL HOLDING ApS Compulsorily dissolved
Address history (2 moves)
| Jupitervej 6, 6000 Kolding | |
| Rolles Møllevej 1, 6640 Lunderskov | |
| Rolles Møllevej 1, 6640 Lunderskov |
Former names
| LM WIND POWER A/S | – now |
| LM GLASFIBER A/S | – |
Employees per year
Other companies at the same address
- Anker Development ApS Active
- COVIA A/S Opløst
- FRICTION HOLDING A/S Fusioneret
- LM GROUP HOLDING A/S Active
- LM WIND POWER HOLDING A/S Fusioneret
- LM WP HOLDINGS A/S Fusioneret
- LM WP PATENT HOLDING A/S Fusioneret
- LM Wind Power International Technology I ApS Fusioneret
- LM Wind Power International Technology II ApS Fusioneret
- LM Wind Power US Technology ApS Active
- VATTENFALL A/S Active
- VATTENFALL RENEWABLES WIND DK A/S Fusioneret
- VATTENFALL VINDKRAFT A/S Active
- Vattenfall Vindkraft Hesselø Holding 1 A/S Active
- Vattenfall Vindkraft Hesselø Holding 2 A/S Active
- Vattenfall Vindkraft Hesselø Holding 3 A/S Active
- Vattenfall Vindkraft Hesselø Holding 4 A/S Active
- Vattenfall Vindkraft Hesselø Holding 5 A/S Active
- Vattenfall Vindkraft Hesselø Holding 6 A/S Active
- Vattenfall Vindkraft Hesselø Holding 7 A/S Active
- Vattenfall Vindkraft Hesselø Holding 8 A/S Active
- Vattenfall Vindkraft Hesselø Komplementar ApS Active
- Vattenfall Vindkraft Holmsland Holding A/S Active
- Vattenfall Vindkraft Holmsland Komplementar ApS Active
- Vattenfall Vindkraft Komplementar ApS Active
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Questions and answers about LM WIND POWER A/S
Has LM WIND POWER A/S gone bankrupt?
No, LM WIND POWER A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of LM WIND POWER A/S?
Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the auditor of LM WIND POWER A/S?
LM WIND POWER A/S most recently used Forvis Mazars Statsautoriseret Revisionspartnerselskab.
When was LM WIND POWER A/S founded?
LM WIND POWER A/S was founded on 30 October 1985.
What is the equity of LM WIND POWER A/S?
Equity was DKK -4.4bn 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.