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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 25,084,868 | 26,265,404 | 22,159,323 | 24,837,048 | 27,095,082 | 26,406,865 | −2.5% |
| Gross profit | −600,097 | 1,035,404 | −5,794,597 | −15,192,235 | −5,955,516 | 462,925 | +107.8% |
| Profit before tax | – | – | −6,056,575 | −15,556,875 | −6,351,209 | −1,158,924 | +81.8% |
| Net profit | −1,012,322 | 421,296 | −5,850,436 | −15,590,236 | −6,393,200 | −1,201,788 | +81.2% |
| Total assets | 22,834,016 | 25,232,322 | 25,676,861 | 24,578,349 | 36,096,068 | 40,472,050 | +12.1% |
| Equity | 550,247 | 1,052,381 | −3,268,383 | −12,533,859 | −303,975 | 5,879,689 | +2,034.3% |
| Liabilities | 14,782,788 | 16,918,618 | 21,239,793 | 21,846,191 | 19,733,461 | 22,042,928 | +11.7% |
| Cash and cash equivalents | 171,576 | 296,390 | 210,781 | 119,230 | 183,199 | 110,950 | −39.4% |
| Average number of employees | 5,348 | 5,507 | 5,576 | 5,923 | 6,052 | 6,382 | +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
Signals from the financial statements
calculated from the 2025 figuresLoss 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 30/09/2025 | 12/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 28/01/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 15/03/2024 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 31/03/2023 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 28/02/2022 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 25/02/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
19 companies in the databaseComparison with the other companies in manufacture of engines and turbines, except aircraft, vehicle and cycle engines based on the latest financial year.
Industry median: gross profit DKK 6.6m, net profit DKK 820k, equity DKK 3.2m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| 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- Siemens Gamesa Renewable Energy A/SDKK 462.9m
- Vestas Northern Europe A/SDKK 548.5m
- Vestas Manufacturing A/SDKK 322.5m
- Siemens Gamesa Renewable Energy A/S−DKK 1.2bn
- Vestas Northern Europe A/SDKK 85.4m
- Vestas Manufacturing A/SDKK 426.1m
- Siemens Gamesa Renewable Energy A/SDKK 5.9bn
- Vestas Northern Europe A/SDKK 1.1bn
- Vestas Manufacturing A/SDKK 7.9bn
- Siemens Gamesa Renewable Energy A/S6,204
- Vestas Northern Europe A/S1,097
- 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- Siemens Gamesa Renewable Energy S.a.100%
Management
10 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Torben Bang | CEO | 27/08/2020 |
| Ann Hald Delcomyn | Director | 01/02/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Jukka Pekka Pertola | Chair of the board | 30/11/2004 |
| Alex Merrild Andersen | Board member | 12/06/2019 |
| Thomas Herbert Albert Siegert | Board member | 12/06/2019 |
| Joakim Kaj Wilhelm Lagerholm | Board member | 11/01/2023 |
| Ann Skydsgaard | Deputy board member | 11/02/2026 |
| Lars Pedersen Bak | Deputy board member | 11/02/2026 |
| Mads Bang Pedersen | Board member | 11/02/2026 |
| Camilla Bach | Board member | 11/02/2026 |
- Auditor
- KPMG P/S
Former management (45)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Søren Sørensen | Board member | 03/12/1984 | 23/11/1987 |
| Peter Stubkjær Sørensen | Board member | 03/12/1984 | 30/11/2004 |
| Peter Stubkjær Sørensen | Director | 03/12/1984 | 02/07/1991 |
| Palle Nørgaard | Board member | 03/12/1984 | 30/11/2004 |
| Palle Nørgaard | Director | 03/12/1984 | 31/12/2005 |
| Alice Sørensen | Board member | 03/12/1984 | 30/11/2004 |
| Andreas Nauen | Director | 30/11/2004 | 05/01/2006 |
| Ralf Paul Guntermann | Board member | 30/11/2004 | 29/01/2014 |
| Klaus Dieter Heino Voges | Board member | 30/11/2004 | 05/02/2008 |
| Kai-Eberhard Lueg | Director | 30/11/2004 | 05/01/2006 |
| Kai-Eberhard Lueg | Director | 05/01/2006 | 07/01/2010 |
| Andreas Nauen | CEO | 17/12/2007 | 16/03/2010 |
| Rene Dieter Jörg Umlauft | Board member | 05/02/2008 | 31/08/2011 |
| Michael Axmann | Board member | 20/02/2009 | 20/10/2011 |
| Ingrid Maria Jägering | Director | 07/01/2010 | 01/05/2012 |
| Jens-Peter Saul | CEO | 16/03/2010 | 01/10/2011 |
| Jan Kjærsgaard | CEO | 01/10/2011 | 30/09/2014 |
| Wolfgang Dieter Hermann | Board member | 20/10/2011 | 30/09/2015 |
| Felix Ferlemann | Board member | 20/10/2011 | 01/08/2013 |
| Markus Michael Tacke | Board member | 01/08/2013 | 18/01/2018 |
| Lars Pedersen Bak | Board member | 29/01/2014 | 10/02/2026 |
| Torben Jensen | Board member | 29/01/2014 | 18/01/2018 |
| John Larsen | Deputy board member | 29/01/2014 | 18/01/2018 |
| Kenneth Rasmussen | Deputy board member | 29/01/2014 | 18/01/2018 |
| Thomas Richterich | CEO | 01/10/2014 | 30/09/2017 |
| Andrew Douglas Hall | Board member | 30/09/2015 | 31/03/2017 |
| Gerlinde Emma Sturm | Director | 12/07/2016 | 01/04/2017 |
| Michael Heiko Krause | Director | 31/03/2017 | 13/10/2017 |
| Pierre Dieter Bauer | Board member | 31/03/2017 | 12/06/2019 |
| Michael Heiko Krause | Director | 13/10/2017 | 15/05/2019 |
| Mads Sandholdt Risom | Deputy board member | 18/01/2018 | 31/10/2019 |
| Claus Møller | Board member | 18/01/2018 | 21/08/2020 |
| Mona Andersen | Deputy board member | 18/01/2018 | 21/01/2021 |
| Casper Lund Lauridsen | Board member | 18/01/2018 | 01/11/2019 |
| Andreas Nauen | CEO | 24/01/2018 | 18/06/2020 |
| Poul Hansen | Director | 15/05/2019 | 06/12/2022 |
| Mads Sandholdt Risom | Board member | 01/11/2019 | 22/01/2021 |
| Thorbjörn Leif Fors | Board member | 21/08/2020 | 11/01/2023 |
| Mona Andersen | Board member | 22/01/2021 | 21/02/2022 |
| Stine Rasmussen | Board member | 22/02/2022 | 02/12/2024 |
| Bernd Blanke | Deputy board member | 22/02/2022 | 01/12/2024 |
| Lars Erik Hamburger | Deputy board member | 22/02/2022 | 20/03/2025 |
| Jette Wahler Halberg | Director | 08/12/2022 | 01/02/2026 |
| Bernd Blanke | Board member | 02/12/2024 | 21/03/2025 |
| Lars Erik Hamburger | Board member | 21/03/2025 | 11/02/2026 |
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 unitsBorupvej 16
7330 Brande
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Siemens Gamesa Renewable Energy A/S Produktion | Assensvej 11, 9220 Aalborg Øst | 2,581 | 1009089744 |
| Siemens Gamesa Renewable Energy A/S | Borupvej 16, 7330 Brande | 2,279 | 1002492448 |
| Siemens Gamesa Renewable Energy A/S | Fiskergade 1A, 7100 Vejle | 757 | 1017029556 |
| Siemens Gamesa Renewable Energy A/S | Fabriksvej 4, 7330 Brande | 193 | 1023719793 |
| Siemens Gamesa Renewable Energy A/S | Borupvang 3A, 2750 Ballerup | 119 | 1031146247 |
| Siemens Gamesa Renewable Energy A/S | Amerikavej 18, 6700 Esbjerg | 96 | 1030185826 |
| Siemens Gamesa Renewable Energy A/S | Canadavej 3-5, 6700 Esbjerg | 53 | 1023428624 |
| Siemens Gamesa Renewable Energy A/S | Ørnevej 3, 6705 Esbjerg Ø | 34 | 1023428608 |
| Siemens Gamesa Renewable Energy A/S | Transportcenter Alle 8-12, 7400 Herning | 22 | 1015335242 |
| Siemens Gamesa Renewable Energy A/S | Elektrovej 325, 2800 Kgs. Lyngby | 17 | 1017590002 |
| Siemens Gamesa Renewable Energy A/S - Lyngby | Diplomvej 378, 2800 Kgs. Lyngby | 9 | 1022143979 |
| Siemens Gamesa Renewable Energy A/S Udvikling | Mølholmsvej 2, 9000 Aalborg | 8 | 1007716393 |
| Siemens Gamesa Renewable Energy A/S | Indkildevej 12K, 9210 Aalborg SØ | 7 | 1030185796 |
| Siemens Gamesa Renewable Energy A/S | Dyrskuevej 13, 7323 Give | 6 | 1030185818 |
| Siemens Gamesa Renewable Energy A/S | Energivej 20, 6870 Ølgod | 1 | 1014392161 |
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 events20269 changesaccounts 1 · management 8
- AccountsAnnual report for 2025 published
- ManagementCamilla Bach appointed board member
- ManagementMads Bang Pedersen appointed board member
- ManagementLars Pedersen Bak appointed deputy board member
- ManagementAnn Skydsgaard appointed deputy board member
- ManagementLars Erik Hamburger stepped down as board member
- ManagementLars Pedersen Bak stepped down as board member
- ManagementAnn Hald Delcomyn appointed director
- ManagementJette Wahler Halberg stepped down as director
20255 changesmanagement 3 · accounts 1 · industry 1
- ManagementLars Erik Hamburger appointed board member
- ManagementBernd Blanke stepped down as board member
- ManagementLars Erik Hamburger stepped down as deputy board member
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Manufacture of engines and turbines, except aircraft, vehicle and cycle engines (281100)
20244 changesmanagement 3 · accounts 1
- ManagementBernd Blanke appointed board member
- ManagementStine Rasmussen stepped down as board member
- ManagementBernd Blanke stepped down as deputy board member
- AccountsAnnual report for 2023 published
20234 changesaccounts 1 · capital 1 · management 2
- AccountsAnnual report for 2022 published
- CapitalShare capital changed from 110,000,000 DKK to 120,000,000 DKK
- ManagementJoakim Kaj Wilhelm Lagerholm appointed board member
- ManagementThorbjörn Leif Fors stepped down as board member
20229 changesmanagement 6 · capital 2 · accounts 1
- ManagementJette Wahler Halberg appointed director
- ManagementPoul Hansen stepped down as director
- CapitalShare capital changed from 100,000,000 DKK to 110,000,000 DKK
- AccountsAnnual report for 2021 published
- ManagementStine Rasmussen appointed board member
- ManagementLars Erik Hamburger appointed deputy board member
- ManagementBernd Blanke appointed deputy board member
- CapitalShare capital changed from 20,000,000 DKK to 100,000,000 DKK
- ManagementMona Andersen stepped down as board member
20214 changesaccounts 1 · management 3
- AccountsAnnual report for 2020 published
- ManagementMona Andersen appointed board member
- ManagementMads Sandholdt Risom stepped down as board member
- ManagementMona Andersen stepped down as deputy board member
20204 changesmanagement 4
- ManagementTorben Bang appointed ceo
- ManagementThorbjörn Leif Fors appointed board member
- ManagementClaus Møller stepped down as board member
- ManagementAndreas Nauen stepped down as ceo
20198 changesmanagement 8
- ManagementMads Sandholdt Risom appointed board member
- ManagementCasper Lund Lauridsen stepped down as board member
- ManagementMads Sandholdt Risom stepped down as deputy board member
- ManagementAlex Merrild Andersen appointed board member
- ManagementThomas Herbert Albert Siegert appointed board member
- ManagementPierre Dieter Bauer stepped down as board member
- ManagementPoul Hansen appointed director
- ManagementMichael Heiko Krause stepped down as director
201810 changesaddress 1 · management 9
- AddressMoved to Borupvej 16, 7330 Brande
- ManagementAndreas Nauen appointed ceo
- ManagementMads Sandholdt Risom appointed deputy board member
- ManagementCasper Lund Lauridsen appointed board member
- ManagementMona Andersen appointed deputy board member
- ManagementClaus Møller appointed board member
- ManagementKenneth Rasmussen stepped down as deputy board member
- ManagementJohn Larsen stepped down as deputy board member
- ManagementTorben Jensen stepped down as board member
- ManagementMarkus Michael Tacke stepped down as board member
201710 changesmanagement 7 · name 1 · ownership 2
- ManagementMichael Heiko Krause appointed director
- ManagementMichael Heiko Krause stepped down as director
- ManagementThomas Richterich stepped down as ceo
- NameName changed from SIEMENS WIND POWER A/S to Siemens Gamesa Renewable Energy A/S
- OwnershipSIEMENS GAMESA RENEWABLE ENERGY S.A. registered as owner (100%)
- OwnershipSiemens Wind Holdco S.L. is no longer registered as owner
- ManagementGerlinde Emma Sturm stepped down as director
- ManagementMichael Heiko Krause appointed director
- ManagementPierre Dieter Bauer appointed board member
- ManagementAndrew Douglas Hall stepped down as board member
20163 changesownership 2 · management 1
- OwnershipSiemens Wind Holdco S.L. registered as owner (100%)
- OwnershipSiemens Beteiligungen Inland GmbH is no longer registered as owner
- ManagementGerlinde Emma Sturm appointed director
20152 changesmanagement 2
- ManagementAndrew Douglas Hall appointed board member
- ManagementWolfgang Dieter Hermann stepped down as board member
20147 changesmanagement 7
- ManagementThomas Richterich appointed ceo
- ManagementJan Kjærsgaard stepped down as ceo
- ManagementLars Pedersen Bak appointed board member
- ManagementKenneth Rasmussen appointed deputy board member
- ManagementJohn Larsen appointed deputy board member
- ManagementTorben Jensen appointed board member
- ManagementRalf Paul Guntermann stepped down as board member
20132 changesmanagement 2
- ManagementMarkus Michael Tacke appointed board member
- ManagementFelix Ferlemann stepped down as board member
20122 changesownership 1 · management 1
- OwnershipSiemens Beteiligungen Inland GmbH registered as owner (100%)
- ManagementIngrid Maria Jägering stepped down as director
20116 changesmanagement 6
- ManagementFelix Ferlemann appointed board member
- ManagementWolfgang Dieter Hermann appointed board member
- ManagementMichael Axmann stepped down as board member
- ManagementJan Kjærsgaard appointed ceo
- ManagementJens-Peter Saul stepped down as ceo
- ManagementRene Dieter Jörg Umlauft stepped down as board member
20104 changesmanagement 4
- ManagementJens-Peter Saul appointed ceo
- ManagementAndreas Nauen stepped down as ceo
- ManagementIngrid Maria Jägering appointed director
- ManagementKai-Eberhard Lueg stepped down as director
20091 changemanagement 1
- ManagementMichael Axmann appointed board member
20082 changesmanagement 2
- ManagementRene Dieter Jörg Umlauft appointed board member
- ManagementKlaus Dieter Heino Voges stepped down as board member
20072 changesmanagement 1 · address 1
- ManagementAndreas Nauen appointed ceo
- AddressMoved to Borupvej 16, 7330 Brande
20063 changesmanagement 3
- ManagementKai-Eberhard Lueg appointed director
- ManagementAndreas Nauen stepped down as director
- ManagementKai-Eberhard Lueg stepped down as director
20051 changemanagement 1
- ManagementPalle Nørgaard stepped down as director
20049 changesname 1 · management 8
- NameName changed from BONUS ENERGY A/S to SIEMENS WIND POWER A/S
- ManagementAndreas Nauen appointed director
- ManagementJukka Pekka Pertola appointed chair of the board
- ManagementKai-Eberhard Lueg appointed director
- ManagementKlaus Dieter Heino Voges appointed board member
- ManagementRalf Paul Guntermann appointed board member
- ManagementAlice Sørensen stepped down as board member
- ManagementPalle Nørgaard stepped down as board member
- ManagementPeter Stubkjær Sørensen stepped down as board member
20021 changeaddress 1
- AddressMoved to Borupvej 16, 7330 Brande
19971 changecapital 1
- CapitalShare capital changed from 15,000,000 DKK to 20,000,000 DKK
19912 changescapital 1 · management 1
- CapitalShare capital changed from 10,000,000 DKK to 15,000,000 DKK
- ManagementPeter Stubkjær Sørensen stepped down as director
19872 changescapital 1 · management 1
- CapitalShare capital changed from 2,000,000 DKK to 10,000,000 DKK
- ManagementSøren Sørensen stepped down as board member
19847 changesfounded 1 · management 6
- FoundedRegistered as BONUS ENERGY A/S
- ManagementSøren Sørensen appointed board member
- ManagementAlice Sørensen appointed board member
- ManagementPalle Nørgaard appointed director
- ManagementPalle Nørgaard appointed board member
- ManagementPeter Stubkjær Sørensen appointed director
- ManagementPeter Stubkjær Sørensen appointed board member
Related companies
Same people in management
- Tryg Forsikring A/Svia Jukka Pekka Pertola
- Bravida Danmark A/Svia Poul Hansen
- Norlys Telco A/Svia Jukka Pekka Pertola
- GN Hearing A/Svia Jukka Pekka Pertola
- Semco Maritime A/Svia Andreas Nauen
- Leo Pharma A/Svia Jukka Pekka Pertola
Largest in the industry
- Vestas Northern Europe A/SDKK 548.5m
- Vestas Manufacturing A/SDKK 322.5m
- Vest-fiber ApSDKK 73.3m
- Heco International A/SDKK 43.1m
- Bukh A/SDKK 11.8m
- Skagen Blade Technology ApSDKK 11.1m
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.