CVR 41058919Public limited company (A/S)Investering for egen regning (649910)Aarhus NFounded 27 Dec 2019
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about Vestas Development A/S, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexEmployees
15
CVR registry, Aug 2026
-3 (-16.7%) over 12 months
Result
-275.2M
DKK, annual report 2025
Equity
2.4B
DKK, annual report 2025
WIND POWER INVEST A/SCVR 13529833, 100% of capital and votes, since 27 Dec 2019
Group holding company
Dandex estimate: investments in group enterprises in the 2025 report, controlled by a companyThomas Alsbjergsince 19 Feb 2021
Kasper Dalstensince 1 Dec 2024
CVR 13529833100% of capital and votessince 27 Dec 2019
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
Ultimate controller
CVR 10403782Public limited company (A/S)
Holds 100% of capital and votes in WIND POWER INVEST A/S, since 16 Dec 1991
Holding company
CVR 13529833Public limited company (A/S)
Holds 100% of capital and votes in Vestas Development A/S, since 27 Dec 2019
This company
Vestas Development A/S
CVR 41058919
Decided by Dandex with fixed rules from the CVR register and the filed annual reports, not registered by the company. Each label links to its definition.
CVR records founders at incorporation. It does not record whether they are alive or still involved.
27 Dec 2019 to 11 Nov 2026.
27 Dec 2019 to 11 Nov 2026.
Aug 2026, monthly: 15 employees, 14 FTE
Arrow keys move through the periods, Home and End go to the first and the latest, Escape returns to the latest.
| Period | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | Nov 2024 | Dec 2024 | Jan 2025 | Feb 2025 | Mar 2025 | Apr 2025 | May 2025 | Jun 2025 | Jul 2025 | Aug 2025 | Sep 2025 | Oct 2025 | Nov 2025 | Dec 2025 | Jan 2026 | Feb 2026 | Mar 2026 | Apr 2026 | May 2026 | Jun 2026 | Jul 2026 | Aug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Employees | 1 | 13 | 14 | 13 | 12 | 12 | 12 | 13 | 13 | 14 | 14 | 15 | 14 | 13 | 14 | 16 | 17 | 17 | 18 | 18 | 19 | 19 | 18 | 21 | 17 | 17 | 17 | 17 | 16 | 17 | 17 | 17 | 16 | 15 | 15 | 18 | 16 | 17 | 16 | 16 | 18 | 17 | 18 | 19 | 19 | 19 | 19 | 20 | 18 | 18 | 19 | 16 | 15 |
| FTE | 1 | 13 | 14 | 13 | 12 | 12 | 12 | 13 | 13 | 14 | 14 | 15 | 14 | 13 | 14 | 15 | 17 | 16 | 18 | 17 | 18 | 17 | 17 | 20 | 16 | 16 | 16 | 17 | 15 | 16 | 17 | 15 | 16 | 14 | 14 | 17 | 16 | 16 | 15 | 15 | 18 | 16 | 18 | 18 | 18 | 18 | 18 | 19 | 17 | 17 | 15 | 15 | 14 |
| Series | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly |
The legal entity's own headcount as CVR records it, not the annual report's average, which may cover a group. Monthly Apr 2022 to Aug 2026.
Latest Aug 2026, published 21 Oct 2026. Source: CVR employment series (Årsbeskæftigelse, Kvartalsbeskæftigelse, Månedsbeskæftigelse).
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Result for the year | -22,537 | -58,693 | +43,763 | +100,751 | -275,174 |
| Equity | 49,691 | -9,002 | 37,105 | 133,782 | 2,417,784 |
| Total assets | 133,986 | 654,095 | 786,050 | 928,382 | 2,574,436 |
| Employees (average) | Not reported | 8 | 14 | 15 | 15 |
| Credit metrics (Dandex calculations) | |||||
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) | Pro: in the Pro plan, see pricingEBITDA as a share of gross profit. | ||||
| Employee growth (vækst i antal ansatte) | Not reportednote 1 | n.m.note 2 | 75% | 7.1% | 0% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | Pro: in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash. | ||||
| Gearing, NIBD / EBITDA | Pro: in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes. | ||||
| Interest coverage (rentedækning) | Pro: in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest. | ||||
| Adjusted equity ratio (justeret soliditetsgrad) | Pro: in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis. | ||||
| ROIC (afkast af investeret kapital) | Pro: in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt. | ||||
| Capex (investeringer i anlægsaktiver) | 1,317note 3 | 5,045note 3 | 0note 4 | 240note 3 | 475note 3 |
| Capex % of sales (investeringer i procent af omsætningen) | Pro: in the Pro plan, see pricingCapex as a share of revenue. | ||||
| FCFF / EBITDA (pengestrømskonvertering) | Pro: in the Pro plan, see pricingFree cash flow to the firm as a share of EBITDA. | ||||
DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages. Gearing and interest coverage are multiples. Rows marked Pro hold a value in the Pro plan. Definitions.
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 5 Jul 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 10 Jul 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 20 Jun 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 3 Jul 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 20 Jul 2022
Dandex has recorded no changes to this company since it began following the register.
Pro: in the Pro plan, see pricingChanges worth a look, raised from the registry and new annual reports.
New leadership (Nyt lederskab), New company (Ny virksomhed), Ownership change (Ejerskifte), Relocation (Flytning), Growth surge (Vækstspurt), Headcount decline (Nedgang i ansatte), Restructuring (Omstrukturering), Industry change (Brancheskift), Board change (Bestyrelsesændring), Dissolution (Ophør), Distress warning (Risikoadvarsel), Fund investment (Fondsinvestering), Fund exit (Fondsexit), Fund board seat (Fondsbestyrelsespost).
The rows marked Pro on this page hold values in the Pro plan. For Vestas Development A/S, that is:
Have Pro? Sign in to see the values on this page.
Each registered value from the day it took effect, newest first.
From CVR, read 11 Nov 2026. Text such as the signing rule and purpose is shown as registered.
14 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.
Vedtægter ændret: 05.11.2025
Kapitalforhøjelsen er besluttet den 05.11.2025.
kr. 200.000,00, indbetalt kontant, kurs 373.500,00.
Kapitalen udgør herefter kr. 2.200.000,00.
Bestyrelse:
Fratrådte:
Javier Rodriguez Diez, den 25.06.2025.
Tiltrådte:
Annette Høi Butt Terndrup, den 25.06.2025.
Bestyrelse:
Fratrådte:
Nikolaj Tyge Gertz, den 01.03.2025.
Bestyrelse:
Fratrådte:
Patrik Vilhelm Winther Setterberg, den 01.12.2024.
Tiltrådte:
Kasper Dalsten, den 01.12.2024.
Direktion:
Fratrådte:
Patrik Vilhelm Winther Setterberg, den 01.12.2024.
Tiltrådte:
Kasper Dalsten, den 01.12.2024.
Revision:
Fratrådte:
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB, den 12.06.2024.
Tiltrådte:
CVR-NR. 33963556 DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, Weidekampsgade 6, 2300 København S, den 12.06.2024.
Vedtægterne er yderligere ændret
Vedtægter ændret: 26.06.2023
Vedtægter ændret: 26.06.2023
Bestyrelse:
Fratrådte:
Steen Møller, den 22.05.2023.
Tiltrådte:
Patrik Vilhelm Winther Setterberg, den 22.05.2023.
Vedtægter ændret: 17.03.2022
Nyt navn: Vestas Development A/S
Nyt binavn: Wind Power Development A/S
Vedtægter ændret: 28.12.2021
Kapitalforhøjelsen er besluttet den 28.12.2021.
kr. 1.500.000,00, indbetalt kontant, kurs 5.000,00.
Kapitalen udgør herefter kr. 2.000.000,00.
Bestyrelse:
Fratrådte:
Juan Araluce Martinez de Azagra, den 22.06.2021.
Tiltrådte:
Javier Rodriguez Diez, den 22.06.2021.
Bestyrelse:
Fratrådte:
Thomas Alsbjerg, den 19.02.2021.
Tiltrådte:
Juan Araluce Martinez de Azagra, den 19.02.2021, Nikolaj Tyge Gertz, den 19.02.2021.
Direktion:
Fratrådte:
Juan Araluce Martinez de Azagra, (adm. dir), den 19.02.2021.
Tiltrådte:
Thomas Alsbjerg, den 19.02.2021, Patrik Vilhelm Winther Setterberg, den 19.02.2021.
Stiftelsesdato: 27.12.2019.
Virkningsdato: 27.12.2019.
Seneste vedtægtsdato: 27.12.2019.
Kapital:
kr. 500.000,00.
Kapitalklasser: Nej
Indbetalingsmåde: Indbetalt kontant kr. 500.000,00 til kurs 100,00, fuldt indbetalt.
Stifter:
CVR-NR. 13529833 WIND POWER INVEST A/S, Hedeager 42, 8200 Aarhus N, den 27.12.2019.
Bestyrelse:
Group President & CEO Henrik Andersen, (formand), den 27.12.2019, Thomas Alsbjerg, den 27.12.2019, Thomas Gunner Arendt, den 27.12.2019, Steen Møller, den 27.12.2019.
Direktion:
Juan Araluce Martinez de Azagra, (adm. dir), den 27.12.2019.
Selskabet tegnes af 2 medlemmer af bestyrelsen i forening eller af en direktør i forening med et bestyrelsesmedlem..
Revision:
CVR-NR. 33771231 PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB, Jens Chr. Skous Vej 1, 8000 Aarhus C, den 27.12.2019.
Første regnskabsår:
27.12.2019 - 31.12.2020.
Regnskabsår:
01.01 - 31.12.
Formål:
Selskabets formål er at drive udvikling, produktion, handel og service, herunder med produkter inden for vindmølleindustrien samt dermed beslægtede forretningsområder.
2 registered in CVR.
P-number 1025398811Hedeager 42, 8200 Aarhus N
P-number 1028229727Ørestads Boulevard 108, 2300 København S
No other current company drawn.