Vestas Northern Europe AB | Detailed information

Vestas Northern Europe AB - Detailed information

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Vestas Northern Europe AB

Business ID:	556443-1574
Company:	Vestas Northern Europe AB
Address:	Box 310 38
	SE-200 49 Malmö
Visiting address:	Grophusgatan 6
County:	Skåne län
Telephone:	+46 (0)40-376700
Fax:	+46 (0)40-376720
E-mail:	vestas-sverige@vestas.com
Website:	www.vestas.com

Chairman of the board:	Klaus Steen Mortensen
Managing Director/CEO:	Klaus Steen Mortensen
Finances:	Gunn Carlsson
Marketing:	Ulla Andrén
IT:	Bent Damgård Andersen
Personnel:	Anneli Svensson
Sales:	Tord Östlund

Established:

1992

Subsidiary company to:

Vestas Wind Systems A/S

Stock-exchange listing:

Not listed

Rank in the Nordic countries (incl. subsidiaries) by

Net turnover

rank: 4421

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Rank in the Nordic countries (incl. subsidiaries) by

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Net profit	rank: 7733
Number of employees	rank: 12939
Total assets	rank: 7497

Industry sector:

B40

Electricity, gas, steam and hot water supply

Activity code:

401

Production and distribution of electricity

Rank in industry in the Nordic countries by :

Net turnover

rank: 163

Industry sector:

B519

Other wholesale

Activity code:

5190

Other wholesale

Rank in industry in the Nordic countries by :

Net turnover

rank: 38

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Industry sector:	B40	Electricity, gas, steam and hot water supply
Rank in industry in the Nordic countries by:
Total assets		rank: 435
Profitability		rank: 662
Solvency		rank: 901
Return on assets (ROA)		rank: 366
Return on equity (ROE)		rank: 76
Net profit		rank: 288
Number of employees		rank: 198

Industry sector:	B519	Other wholesale
Rank in industry in the Nordic countries by:
Number of employees		rank: 83
Total assets		rank: 42
Profitability		rank: 218
Solvency		rank: 569
Return on assets (ROA)		rank: 412
Net profit		rank: 54
Return on equity (ROE)		rank: 175

Closing information (x1000 EUR)
Fiscal year	200712	200612	200512
Net turnover	70.409	8.988	42.045
- exports
Foreign sales
Financial expenses	202	31	71
Earnings before taxes	2.640	1.765	2.666
Total assets	35.590	22.625	19.948
Current assets	35.064	22.105	19.429
Current liabilities	27.532	17.264	16.295
Equity capital	4.413	3.092	3.117
- share capital	106	106	106
Employees (average)	69	57	47
Shareholders
Investments in fixed assets

Financial ratios
Solvency	12.4%	13.7%	15.6%
Turnover per employee	1.020	158	895
Earnings as % of turnover	3.7%	19.6%	6.3%
Return on assets (ROA)	8.0%	7.9%	13.7%
Current ratio	127.4%	128.0%	119.2%
Return on equity (ROE)	59.8%	57.1%	85.5%

Closing figures are converted from local currency to euros according to the exchange rate on closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from UC (Sweden), CreditInform (Norway), KOB (Denmark) and Asiakastieto (Finland).

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