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Report: Sagsnummer X21-BX-34-AL

Report overview

Organization name	VESTAS WIND SYSTEMS A/S
CVR number	10403782
Sagsnummer	X21-BX-34-AL
Period	2021-01-01 - 2021-03-31
Pages	N/A
Words	N/A
Characters	N/A
Sustainability info

Type	Unknown/No reporting
UN Global Compact CoP	No UN Global Compact record found for this reporting period
Standards mentioned	Not yet analyzed
This annual report has no embedded sustainability statement, and is not reported in a pdf format.
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Annual report

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Extra info

Assets

Type	Time	Amount	Unit
ifrs-full:Assets	2021-03-31	19098000000	eur
ifrs-full:Assets	2020-03-31	14885000000	eur
ifrs-full:Assets	2020-12-31	18160000000	eur
Revenue

Type	Start date	End date	Amount	Unit
ifrs-full:Revenue	2021-01-01	2021-03-31	1962000000	eur
ifrs-full:Revenue	2020-01-01	2020-03-31	2235000000	eur
XML

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has been&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; prep&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ared in&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; uncertain&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ties per&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;taining&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; &lt;span xmlns="http://www.w3.org/1999/xhtml" class="ls9 ws1"&gt;to Vestas.&lt;span class="ls0"&gt; &lt;/span&gt;&lt;/span&gt;accordance w&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ith IAS 34 &lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;on int&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;erim f&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;inancial re&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;porti&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ng as  adopted &lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;by the &lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;EU&lt;span xmlns="http://www.w3.org/1999/xhtml" class="lsc ws6e"&gt;, acco&lt;span class="_ _1"/&gt;untin&lt;span class="_ _1"/&gt;g po&lt;span class="_ _1"/&gt;lic&lt;span class="_ _1"/&gt;ies s&lt;span class="_ _1"/&gt;et ou&lt;span class="_ _1"/&gt;t in t&lt;span class="_ _1"/&gt;he &lt;/span&gt;Besides w&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;hat ha&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;s been&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; disclo&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;sed in&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; the i&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;nterim &lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;financ&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ial Annual Rep&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ort&lt;span xmlns="http://www.w3.org/1999/xhtml" class="ls0 ws1"&gt; &lt;span class="_ _1b"&gt; &lt;/span&gt;&lt;span class="lsc ws15"&gt;20&lt;/span&gt;&lt;/span&gt;&lt;span xmlns="http://www.w3.org/1999/xhtml" class="wsb"&gt;20&lt;span class="ls0 ws1"&gt; &lt;span class="_ _1b"&gt; &lt;/span&gt;&lt;span class="ls9 wsc"&gt;of &lt;span class="_ _1b"&gt; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;Vest&lt;span class="_ _5"/&gt;as&lt;span class="ls0 ws1"&gt; &lt;span class="_ _1b"&gt; &lt;/span&gt;&lt;/span&gt;&lt;span class="ws1a"&gt;and add&lt;span class="_ _5"/&gt;itional&lt;span class="_ _5"/&gt; Danish&lt;span class="_ _5"/&gt; &lt;/span&gt;&lt;/span&gt;report, no&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; change&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;s in V&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;estasâ&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; most s&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ignifi&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;cant ri&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;sks and&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; disclosure&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; require&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ments &lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;for in&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;terim f&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;inancia&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;l repor&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ts of&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; uncertain&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ties have o&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ccurred&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; relati&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ve to what w&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;as listed comp&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;anies. T&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;he interi&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;m financial r&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;eport &lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;has neit&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;her&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; disclosed in the &lt;span xmlns="http://www.w3.org/1999/xhtml" class="wsc"&gt;Annua&lt;span class="_ _5"/&gt;l Repor&lt;span class="_ _5"/&gt;t&lt;span class="ls0 ws1"&gt; &lt;/span&gt;&lt;span class="wsb"&gt;2020&lt;span class="ls0 ws1"&gt;. &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;been audited nor revi&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ewed.&lt;span xmlns="http://www.w3.org/1999/xhtml" class="ls0 ws1"&gt; &lt;/span&gt;  In our op&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;inion t&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;he&lt;span xmlns="http://www.w3.org/1999/xhtml" class="ls0 ws1"&gt; &lt;span class="_ _1d"&gt; &lt;/span&gt;&lt;/span&gt;&lt;span xmlns="http://www.w3.org/1999/xhtml" class="ws39"&gt;accounting policies&lt;span class="_ _5"/&gt; used are&lt;span class="_ _5"/&gt; &lt;/span&gt; appropriat&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;e and the&lt;span xmlns="http://www.w3.org/1999/xhtml" class="ls0 ws1"&gt; &lt;span class="_ _1"/&gt;&lt;/span&gt;interim financi&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;al repo&lt;span xmlns="http://www.w3.org/1999/xhtml" class="lsc ws1d"&gt;rt gives&lt;span class="_ _1"/&gt; a t&lt;span class="_ _1"/&gt;rue &lt;/span&gt; and fair vi&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ew of &lt;span xmlns="http://www.w3.org/1999/xhtml" class="wsb"&gt;Vestas&lt;span class="lsc ws27"&gt;' assets,&lt;span class="_ _1"/&gt; lia&lt;span class="_ _1"/&gt;bi&lt;span class="_ _1"/&gt;lit&lt;span class="_ _1"/&gt;ies&lt;span class="_ _1"/&gt;&lt;span class="ls0 ws1"&gt;, &lt;span class="_ _11"/&gt;&lt;/span&gt;and f&lt;span class="_ _1"/&gt;ina&lt;span class="_ _1"/&gt;nci&lt;span class="_ _1"/&gt;al &lt;/span&gt;&lt;/span&gt; position as&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt; at 31 M&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;arch &lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;&lt;span xmlns="http://www.w3.org/1999/xhtml" class="ff9 fs7 ls8 wsb"&gt;20&lt;span class="ls0 ws1"&gt;21 &lt;span class="_ _8"/&gt;&lt;span class="ls8 ws37"&gt;and of t&lt;span class="_ _5"/&gt;he result&lt;span class="_ _5"/&gt;s of Ve&lt;span class="_ _5"/&gt;stas'&lt;span class="_ _5"/&gt; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; operation&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;s and cash fl&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;ow&lt;span xmlns="http://www.w3.org/1999/xhtml" class="ls0 ws1"&gt;s &lt;/span&gt;for t&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;he peri&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;od 1 January t&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _5"/&gt;o &lt;span xmlns="http://www.w3.org/1999/xhtml" class="lsc ws15"&gt;31 &lt;/span&gt; Mar&lt;span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/&gt;ch &lt;span xmlns="http://www.w3.org/1999/xhtml" class="ff9 fs7 ls8 wsb"&gt;20&lt;span class="ls0 ws1"&gt;21. &lt;/span&gt;&lt;/span&gt; </sob:StatementByExecutiveAndSupervisoryBoards>
   <gsd:InformationOnTypeOfSubmittedReport contextRef="ctx-2" xml:lang="en">Interim report (other than 6 months)</gsd:InformationOnTypeOfSubmittedReport>
   <cmn:TypeOfAuditorAssistance contextRef="ctx-2" xml:lang="en">No audit assistance</cmn:TypeOfAuditorAssistance>
   <gsd:ToolForPreparingTheXBRLInstanceDocument contextRef="ctx-2" xml:lang="en">ParsePort XBRL Converter</gsd:ToolForPreparingTheXBRLInstanceDocument>
   <gsd:ReportingPeriodStartDate contextRef="ctx-2" xml:lang="en">2021-01-01</gsd:ReportingPeriodStartDate>
   <gsd:ReportingPeriodEndDate contextRef="ctx-2" xml:lang="en">2021-03-31</gsd:ReportingPeriodEndDate>
   <gsd:PrecedingReportingPeriodStartDate contextRef="ctx-2" xml:lang="en">2020-01-01</gsd:PrecedingReportingPeriodStartDate>
   <gsd:PredingReportingPeriodEndDate contextRef="ctx-2" xml:lang="en">2020-03-31</gsd:PredingReportingPeriodEndDate>
   <gsd:LegalEntityIdentifierOfReportingEntity contextRef="ctx-2" xml:lang="en">549300DYMC8BGZZC8844</gsd:LegalEntityIdentifierOfReportingEntity>
   <gsd:NameOfReportingEntity contextRef="ctx-2" xml:lang="en">VESTAS WIND SYSTEMS A/S</gsd:NameOfReportingEntity>
   <fsa:ClassOfReportingEntity contextRef="ctx-2" xml:lang="en">Reporting class D</fsa:ClassOfReportingEntity>
   <gsd:IdentificationNumberCvrOfReportingEntity contextRef="ctx-2" xml:lang="en">10403782</gsd:IdentificationNumberCvrOfReportingEntity>
   <gsd:AddressOfReportingEntityStreetName contextRef="ctx-2" xml:lang="en">Hedeager</gsd:AddressOfReportingEntityStreetName>
   <gsd:AddressOfReportingEntityStreetBuildingIdentifier contextRef="ctx-2" xml:lang="en">42</gsd:AddressOfReportingEntityStreetBuildingIdentifier>
   <gsd:AddressOfReportingEntityPostCodeIdentifier contextRef="ctx-2" xml:lang="en">8200</gsd:AddressOfReportingEntityPostCodeIdentifier>
   <gsd:AddressOfReportingEntityDistrictName contextRef="ctx-2" xml:lang="en">Aarhus N,</gsd:AddressOfReportingEntityDistrictName>
   <gsd:AddressOfReportingEntityCountry contextRef="ctx-2" xml:lang="en">Denmark</gsd:AddressOfReportingEntityCountry>
   <gsd:HomepageOfReportingEntity contextRef="ctx-2" xml:lang="en">vestas.com</gsd:HomepageOfReportingEntity>
   <gsd:EmailOfReportingEntity contextRef="ctx-2" xml:lang="en">vestas@vestas.com</gsd:EmailOfReportingEntity>
   <sob:PlaceOfSignatureOfStatement contextRef="ctx-2" xml:lang="en">Aarhus</sob:PlaceOfSignatureOfStatement>
   <sob:DateOfApprovalOfAnnualReport contextRef="ctx-2" xml:lang="en">2021-05-05</sob:DateOfApprovalOfAnnualReport>
   <cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx-3" xml:lang="en">Henrik Andersen</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
   <cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx-3" xml:lang="en">Group President &amp;amp; CEO</cmn:TitleOfMemberOfExecutiveBoard>
   <cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx-4" xml:lang="en">Marika Fredriksson</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
   <cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx-4" xml:lang="en">Executive Vice President &amp;amp; CFO</cmn:TitleOfMemberOfExecutiveBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-5" xml:lang="en">Bert Nordberg</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx-5" xml:lang="en">Chairman</cmn:TitleOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-6" xml:lang="en">Anders Runevad</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx-6" xml:lang="en">Deputy Chairman</cmn:TitleOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-7" xml:lang="en">Lars Josefsson</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-8" xml:lang="en">Eva Merete SÃ¸felde Berneke</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-9" xml:lang="en">Bruce Grant</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-10" xml:lang="en">Helle Thorning-Schmidt</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-11" xml:lang="en">Kentaro Hosomi</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-12" xml:lang="en">Karl-Henrik SundstrÃ¶m</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-13" xml:lang="en">Michael Abildgaard Lisbjerg</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx-13" xml:lang="en">Employee representative</cmn:TitleOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-14" xml:lang="en">Sussie Dvinge Agerbo</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx-14" xml:lang="en">Employee representative</cmn:TitleOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-15" xml:lang="en">Pia Kirk Jensen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx-15" xml:lang="en">Employee representative</cmn:TitleOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-16" xml:lang="en">Kim Hvid Thomsen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx-16" xml:lang="en">Employee representative</cmn:TitleOfMemberOfSupervisoryBoard>
   <gsd:LegalEntityIdentifierOfSubmittingEnterprise contextRef="ctx-2" xml:lang="en">549300DYMC8BGZZC8844</gsd:LegalEntityIdentifierOfSubmittingEnterprise>
   <gsd:IdentificationNumberCvrOfSubmittingEnterprise contextRef="ctx-2" xml:lang="en">10403782</gsd:IdentificationNumberCvrOfSubmittingEnterprise>
   <gsd:NameOfSubmittingEnterprise contextRef="ctx-2" xml:lang="en">VESTAS WIND SYSTEMS A/S</gsd:NameOfSubmittingEnterprise>
   <gsd:AddressOfSubmittingEnterpriseStreetAndNumber contextRef="ctx-2" xml:lang="en">Hedeager 42</gsd:AddressOfSubmittingEnterpriseStreetAndNumber>
   <gsd:AddressOfSubmittingEnterprisePostcodeAndTown contextRef="ctx-2" xml:lang="en">8200 Aarhus N,</gsd:AddressOfSubmittingEnterprisePostcodeAndTown>
</xbrli:xbrl>