Siemens Gamesa Renewable Energy A/S

Public limited companyCVR 76486212BrandeActive

Siemens Gamesa Renewable Energy A/S is a public limited company, based in Brande, active in manufacture of engines and turbines, except aircraft, vehicle and cycle engines, founded in 1984. Measured by gross profit, it ranks no. 2 of 19 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 1.2bn. Operations are spread over 16 production units in 13 towns.

Follow
PDF reportCompare

Key figures · financial year 2025

RevenueDKK 26.4bn−2.5% vs. 2024
Net profit−DKK 1.2bn+81.2% vs. 2024
EquityDKK 5.9bn+2,034.3% vs. 2024
Employees6,204latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Revenue fell 3% (2024 → 2025), to DKK 26.4bn.
  • The loss got smaller: from DKK 6.4bn to DKK 1.2bn (2024 → 2025).
  • Equity turned positive again: DKK 5.9bn (2024 → 2025).

Employees

  • 230 fewer employees than a year earlier: 6,204 (07/2026) against 6,434 (07/2025).

Management and owners, last 24 months

  • New in management: Ann Hald Delcomyn (director, 01/02/2026), Ann Skydsgaard (deputy board member, 11/02/2026) and Lars Pedersen Bak (deputy board member, 11/02/2026) (+4).
  • Stepped down: Lars Pedersen Bak (board member, 10/02/2026), Stine Rasmussen (board member, 02/12/2024) and Bernd Blanke (deputy board member, 01/12/2024) (+4).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of engines and turbines, except aircraft, vehicle and cycle engines (281100)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 20bn−DKK 15bn−DKK 10bn−DKK 5bnDKK 0DKK 5bn202020212022202320242025
EquityNet profit
Financial figures for Siemens Gamesa Renewable Energy A/S
202020212022202320242025Change
Revenue25,084,86826,265,40422,159,32324,837,04827,095,08226,406,865−2.5%
Gross profit−600,0971,035,404−5,794,597−15,192,235−5,955,516462,925+107.8%
Profit before tax––−6,056,575−15,556,875−6,351,209−1,158,924+81.8%
Net profit−1,012,322421,296−5,850,436−15,590,236−6,393,200−1,201,788+81.2%
Total assets22,834,01625,232,32225,676,86124,578,34936,096,06840,472,050+12.1%
Equity550,2471,052,381−3,268,383−12,533,859−303,9755,879,689+2,034.3%
Liabilities14,782,78816,918,61821,239,79321,846,19119,733,46122,042,928+11.7%
Cash and cash equivalents171,576296,390210,781119,230183,199110,950−39.4%
Average number of employees5,3485,5075,5765,9236,0526,382+5.5%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report.

Download the figures as CSV · free with an account, amounts in whole DKK

−DKK 16bn−DKK 14bn−DKK 12bn−DKK 10bn−DKK 8bn−DKK 6bn−DKK 4bn−DKK 2bnDKK 0DKK 2bn202020212022202320242025
Gross profitMedian, the industry (19 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 4 years in a row

    Net result has been negative in 2022–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Siemens Gamesa Renewable Energy A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202512/02/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202428/01/2025The companyPDFXBRL
202301/10/2022 – 30/09/202315/03/2024The companyPDFXBRL
202201/10/2021 – 30/09/202231/03/2023The companyPDFXBRL
202101/10/2020 – 30/09/202128/02/2022The companyPDFXBRL
202001/10/2019 – 30/09/202025/02/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
01,0002,0003,0004,0005,0006,0007,00008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

19 companies in the database

Comparison with the other companies in manufacture of engines and turbines, except aircraft, vehicle and cycle engines based on the latest financial year.

Gross profitDKK 462.9mNo. 2 of 19
Better than 94% of the companies in the industry
EquityDKK 5.9bnNo. 2 of 19
Better than 94% of the companies in the industry
Number of employees6,204No. 1 of 19
Better than 100% of the companies in the industry

Industry median: gross profit DKK 6.6m, net profit DKK 820k, equity DKK 3.2m, 5 employees.

DKK 1.2mDKK 5.5mDKK 25.6mDKK 118.5mDKK 329.2mHere
Distribution of gross profit for 18 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 1,000 employees or more177 companies in the comparison
No. 110of 147
Better than 25%
No. 28of 177
Better than 85%
Companies that are at least 30 years old10,276 companies in the comparison
No. 197of 10,152
Better than 98%
No. 53of 10,275
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 313of 17,786
Better than 98%
No. 91of 18,024
Better than 100%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Gross profit
  1. Siemens Gamesa Renewable Energy A/SDKK 462.9m
  2. Vestas Northern Europe A/SDKK 548.5m
  3. Vestas Manufacturing A/SDKK 322.5m
Net profit
  1. Siemens Gamesa Renewable Energy A/S−DKK 1.2bn
  2. Vestas Northern Europe A/SDKK 85.4m
  3. Vestas Manufacturing A/SDKK 426.1m
Equity
  1. Siemens Gamesa Renewable Energy A/SDKK 5.9bn
  2. Vestas Northern Europe A/SDKK 1.1bn
  3. Vestas Manufacturing A/SDKK 7.9bn
Employees
  1. Siemens Gamesa Renewable Energy A/S6,204
  2. Vestas Northern Europe A/S1,097
  3. Vestas Manufacturing A/S3,368

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Siemens Gamesa Renewable Energy S.a.100%
Siemens Gamesa Renewable Energy A/S

Management

10 active registrations

Executive management

Executive management at Siemens Gamesa Renewable Energy A/S
NameRoleAppointed
Torben BangCEO27/08/2020
Ann Hald DelcomynDirector01/02/2026

Board of directors

Board of directors at Siemens Gamesa Renewable Energy A/S
NameRoleAppointed
Jukka Pekka PertolaChair of the board30/11/2004
Alex Merrild AndersenBoard member12/06/2019
Thomas Herbert Albert SiegertBoard member12/06/2019
Joakim Kaj Wilhelm LagerholmBoard member11/01/2023
Ann SkydsgaardDeputy board member11/02/2026
Lars Pedersen BakDeputy board member11/02/2026
Mads Bang PedersenBoard member11/02/2026
Camilla BachBoard member11/02/2026
Auditor
KPMG P/S
Former management (45)
Former management at Siemens Gamesa Renewable Energy A/S
NameRoleAppointedResigned
Søren SørensenBoard member03/12/198423/11/1987
Peter Stubkjær SørensenBoard member03/12/198430/11/2004
Peter Stubkjær SørensenDirector03/12/198402/07/1991
Palle NørgaardBoard member03/12/198430/11/2004
Palle NørgaardDirector03/12/198431/12/2005
Alice SørensenBoard member03/12/198430/11/2004
Andreas NauenDirector30/11/200405/01/2006
Ralf Paul GuntermannBoard member30/11/200429/01/2014
Klaus Dieter Heino VogesBoard member30/11/200405/02/2008
Kai-Eberhard LuegDirector30/11/200405/01/2006
Kai-Eberhard LuegDirector05/01/200607/01/2010
Andreas NauenCEO17/12/200716/03/2010
Rene Dieter Jörg UmlauftBoard member05/02/200831/08/2011
Michael AxmannBoard member20/02/200920/10/2011
Ingrid Maria JägeringDirector07/01/201001/05/2012
Jens-Peter SaulCEO16/03/201001/10/2011
Jan KjærsgaardCEO01/10/201130/09/2014
Wolfgang Dieter HermannBoard member20/10/201130/09/2015
Felix FerlemannBoard member20/10/201101/08/2013
Markus Michael TackeBoard member01/08/201318/01/2018
Lars Pedersen BakBoard member29/01/201410/02/2026
Torben JensenBoard member29/01/201418/01/2018
John LarsenDeputy board member29/01/201418/01/2018
Kenneth RasmussenDeputy board member29/01/201418/01/2018
Thomas RichterichCEO01/10/201430/09/2017
Andrew Douglas HallBoard member30/09/201531/03/2017
Gerlinde Emma SturmDirector12/07/201601/04/2017
Michael Heiko KrauseDirector31/03/201713/10/2017
Pierre Dieter BauerBoard member31/03/201712/06/2019
Michael Heiko KrauseDirector13/10/201715/05/2019
Mads Sandholdt RisomDeputy board member18/01/201831/10/2019
Claus MøllerBoard member18/01/201821/08/2020
Mona AndersenDeputy board member18/01/201821/01/2021
Casper Lund LauridsenBoard member18/01/201801/11/2019
Andreas NauenCEO24/01/201818/06/2020
Poul HansenDirector15/05/201906/12/2022
Mads Sandholdt RisomBoard member01/11/201922/01/2021
Thorbjörn Leif ForsBoard member21/08/202011/01/2023
Mona AndersenBoard member22/01/202121/02/2022
Stine RasmussenBoard member22/02/202202/12/2024
Bernd BlankeDeputy board member22/02/202201/12/2024
Lars Erik HamburgerDeputy board member22/02/202220/03/2025
Jette Wahler HalbergDirector08/12/202201/02/2026
Bernd BlankeBoard member02/12/202421/03/2025
Lars Erik HamburgerBoard member21/03/202511/02/2026

Signing rule: Selskabet tegnes af Jukka Pekka Pertola og Joakim Kaj Wilhelm Lagerholm i forening, af Jukka Pekka Pertola og Alex Merrild Andersen i forening, af Jukka Pekka Pertola og Thomas Herbert Albert Siegert i forening, af Joakim Kaj Wilhelm Lagerholm og Alex Merrild Andersen i forening, af Joakim Kaj Wilhelm Lagerholm og Thomas Herbert Albert Siegert i forening, af Alex Merrild Andersen og Thomas Herbert Albert Siegert i forening, af to direktører i forening eller af et bestyrelsesmedlem i forening med en direktør eller af den samlede bestyrelse

Address and production units

16 active production units
Production units
Production unitAddressEmployeesP number
Siemens Gamesa Renewable Energy A/S ProduktionAssensvej 11, 9220 Aalborg Øst2,5811009089744
Siemens Gamesa Renewable Energy A/SBorupvej 16, 7330 Brande2,2791002492448
Siemens Gamesa Renewable Energy A/SFiskergade 1A, 7100 Vejle7571017029556
Siemens Gamesa Renewable Energy A/SFabriksvej 4, 7330 Brande1931023719793
Siemens Gamesa Renewable Energy A/SBorupvang 3A, 2750 Ballerup1191031146247
Siemens Gamesa Renewable Energy A/SAmerikavej 18, 6700 Esbjerg961030185826
Siemens Gamesa Renewable Energy A/SCanadavej 3-5, 6700 Esbjerg531023428624
Siemens Gamesa Renewable Energy A/SØrnevej 3, 6705 Esbjerg Ø341023428608
Siemens Gamesa Renewable Energy A/STransportcenter Alle 8-12, 7400 Herning221015335242
Siemens Gamesa Renewable Energy A/SElektrovej 325, 2800 Kgs. Lyngby171017590002
Siemens Gamesa Renewable Energy A/S - LyngbyDiplomvej 378, 2800 Kgs. Lyngby91022143979
Siemens Gamesa Renewable Energy A/S UdviklingMølholmsvej 2, 9000 Aalborg81007716393
Siemens Gamesa Renewable Energy A/SIndkildevej 12K, 9210 Aalborg SØ71030185796
Siemens Gamesa Renewable Energy A/SDyrskuevej 13, 7323 Give61030185818
Siemens Gamesa Renewable Energy A/SEnergivej 20, 6870 Ølgod11014392161

Showing 15 of 16 units (sorted by employees).

Purpose

Selskabets formål er at drive handel, design, ingeniørvirksomhed, fremstilling, levering, installation og service indenfor forretningsområdet vedvarende energi, i særdeleshed vedrørende vindmøller samt relaterede aktiviteter, fungerer som holdingselskab og drive investering- og finansieringsvirksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

124 registered events
20269 changesaccounts 1 · management 8
  • Annual report for 2025 published
  • Camilla Bach appointed board member
  • Mads Bang Pedersen appointed board member
  • Lars Pedersen Bak appointed deputy board member
  • Ann Skydsgaard appointed deputy board member
  • Lars Erik Hamburger stepped down as board member
  • Lars Pedersen Bak stepped down as board member
  • Ann Hald Delcomyn appointed director
  • Jette Wahler Halberg stepped down as director
20255 changesmanagement 3 · accounts 1 · industry 1
  • Lars Erik Hamburger appointed board member
  • Bernd Blanke stepped down as board member
  • Lars Erik Hamburger stepped down as deputy board member
  • Annual report for 2024 published
  • Industry changed to Manufacture of engines and turbines, except aircraft, vehicle and cycle engines (281100)
20244 changesmanagement 3 · accounts 1
  • Bernd Blanke appointed board member
  • Stine Rasmussen stepped down as board member
  • Bernd Blanke stepped down as deputy board member
  • Annual report for 2023 published
20234 changesaccounts 1 · capital 1 · management 2
  • Annual report for 2022 published
  • Share capital changed from 110,000,000 DKK to 120,000,000 DKK
  • Joakim Kaj Wilhelm Lagerholm appointed board member
  • Thorbjörn Leif Fors stepped down as board member
20229 changesmanagement 6 · capital 2 · accounts 1
  • Jette Wahler Halberg appointed director
  • Poul Hansen stepped down as director
  • Share capital changed from 100,000,000 DKK to 110,000,000 DKK
  • Annual report for 2021 published
  • Stine Rasmussen appointed board member
  • Lars Erik Hamburger appointed deputy board member
  • Bernd Blanke appointed deputy board member
  • Share capital changed from 20,000,000 DKK to 100,000,000 DKK
  • Mona Andersen stepped down as board member
20214 changesaccounts 1 · management 3
  • Annual report for 2020 published
  • Mona Andersen appointed board member
  • Mads Sandholdt Risom stepped down as board member
  • Mona Andersen stepped down as deputy board member
20204 changesmanagement 4
  • Torben Bang appointed ceo
  • Thorbjörn Leif Fors appointed board member
  • Claus Møller stepped down as board member
  • Andreas Nauen stepped down as ceo
20198 changesmanagement 8
  • Mads Sandholdt Risom appointed board member
  • Casper Lund Lauridsen stepped down as board member
  • Mads Sandholdt Risom stepped down as deputy board member
  • Alex Merrild Andersen appointed board member
  • Thomas Herbert Albert Siegert appointed board member
  • Pierre Dieter Bauer stepped down as board member
  • Poul Hansen appointed director
  • Michael Heiko Krause stepped down as director
201810 changesaddress 1 · management 9
  • Moved to Borupvej 16, 7330 Brande
  • Andreas Nauen appointed ceo
  • Mads Sandholdt Risom appointed deputy board member
  • Casper Lund Lauridsen appointed board member
  • Mona Andersen appointed deputy board member
  • Claus Møller appointed board member
  • Kenneth Rasmussen stepped down as deputy board member
  • John Larsen stepped down as deputy board member
  • Torben Jensen stepped down as board member
  • Markus Michael Tacke stepped down as board member
201710 changesmanagement 7 · name 1 · ownership 2
  • Michael Heiko Krause appointed director
  • Michael Heiko Krause stepped down as director
  • Thomas Richterich stepped down as ceo
  • Name changed from SIEMENS WIND POWER A/S to Siemens Gamesa Renewable Energy A/S
  • SIEMENS GAMESA RENEWABLE ENERGY S.A. registered as owner (100%)
  • Siemens Wind Holdco S.L. is no longer registered as owner
  • Gerlinde Emma Sturm stepped down as director
  • Michael Heiko Krause appointed director
  • Pierre Dieter Bauer appointed board member
  • Andrew Douglas Hall stepped down as board member
20163 changesownership 2 · management 1
  • Siemens Wind Holdco S.L. registered as owner (100%)
  • Siemens Beteiligungen Inland GmbH is no longer registered as owner
  • Gerlinde Emma Sturm appointed director
20152 changesmanagement 2
  • Andrew Douglas Hall appointed board member
  • Wolfgang Dieter Hermann stepped down as board member
20147 changesmanagement 7
  • Thomas Richterich appointed ceo
  • Jan Kjærsgaard stepped down as ceo
  • Lars Pedersen Bak appointed board member
  • Kenneth Rasmussen appointed deputy board member
  • John Larsen appointed deputy board member
  • Torben Jensen appointed board member
  • Ralf Paul Guntermann stepped down as board member
20132 changesmanagement 2
  • Markus Michael Tacke appointed board member
  • Felix Ferlemann stepped down as board member
20122 changesownership 1 · management 1
  • Siemens Beteiligungen Inland GmbH registered as owner (100%)
  • Ingrid Maria Jägering stepped down as director
20116 changesmanagement 6
  • Felix Ferlemann appointed board member
  • Wolfgang Dieter Hermann appointed board member
  • Michael Axmann stepped down as board member
  • Jan Kjærsgaard appointed ceo
  • Jens-Peter Saul stepped down as ceo
  • Rene Dieter Jörg Umlauft stepped down as board member
20104 changesmanagement 4
  • Jens-Peter Saul appointed ceo
  • Andreas Nauen stepped down as ceo
  • Ingrid Maria Jägering appointed director
  • Kai-Eberhard Lueg stepped down as director
20091 changemanagement 1
  • Michael Axmann appointed board member
20082 changesmanagement 2
  • Rene Dieter Jörg Umlauft appointed board member
  • Klaus Dieter Heino Voges stepped down as board member
20072 changesmanagement 1 · address 1
  • Andreas Nauen appointed ceo
  • Moved to Borupvej 16, 7330 Brande
20063 changesmanagement 3
  • Kai-Eberhard Lueg appointed director
  • Andreas Nauen stepped down as director
  • Kai-Eberhard Lueg stepped down as director
20051 changemanagement 1
  • Palle Nørgaard stepped down as director
20049 changesname 1 · management 8
  • Name changed from BONUS ENERGY A/S to SIEMENS WIND POWER A/S
  • Andreas Nauen appointed director
  • Jukka Pekka Pertola appointed chair of the board
  • Kai-Eberhard Lueg appointed director
  • Klaus Dieter Heino Voges appointed board member
  • Ralf Paul Guntermann appointed board member
  • Alice Sørensen stepped down as board member
  • Palle Nørgaard stepped down as board member
  • Peter Stubkjær Sørensen stepped down as board member
20021 changeaddress 1
  • Moved to Borupvej 16, 7330 Brande
19971 changecapital 1
  • Share capital changed from 15,000,000 DKK to 20,000,000 DKK
19912 changescapital 1 · management 1
  • Share capital changed from 10,000,000 DKK to 15,000,000 DKK
  • Peter Stubkjær Sørensen stepped down as director
19872 changescapital 1 · management 1
  • Share capital changed from 2,000,000 DKK to 10,000,000 DKK
  • Søren Sørensen stepped down as board member
19847 changesfounded 1 · management 6
  • Registered as BONUS ENERGY A/S
  • Søren Sørensen appointed board member
  • Alice Sørensen appointed board member
  • Palle Nørgaard appointed director
  • Palle Nørgaard appointed board member
  • Peter Stubkjær Sørensen appointed director
  • Peter Stubkjær Sørensen appointed board member

Related companies

Same industry in Ikast-Brande

See all →

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 23/10/2026.

View in CVRReport a correction