Vestas Wind Systems A/S (CPH:VWS)
Denmark · Delayed Price · Currency is DKK 182.75
+9.15 (5.27%)
Jun 19, 2026, 4:59 PM CET
Vestas Wind Systems Balance Sheet
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 4,214 | 4,384 | 3,817 | 3,318 | 2,378 | 2,420 |
Short-Term Investments | 165 | 164 | 160 | 3 | - | 116 |
Cash & Short-Term Investments | 4,379 | 4,548 | 3,977 | 3,321 | 2,378 | 2,536 |
Cash Growth | 21.81% | 14.36% | 19.75% | 39.66% | -6.23% | -20.10% |
Accounts Receivable | 1,501 | 1,476 | 1,719 | 1,305 | 1,280 | 1,531 |
Other Receivables | 1,905 | 1,778 | 1,732 | 1,483 | 1,272 | 1,207 |
Total Trade Receivables | 3,406 | 3,254 | 3,451 | 2,788 | 2,552 | 2,738 |
Inventory | 6,109 | 5,721 | 6,008 | 6,530 | 6,373 | 5,673 |
Other Current Assets | 3,740 | 3,313 | 2,653 | 2,282 | 2,325 | 1,917 |
Total Current Assets | 17,634 | 16,836 | 16,089 | 14,921 | 13,628 | 12,864 |
Net Property, Plant & Equipment | 2,909 | 2,792 | 2,353 | 1,911 | 1,752 | 2,091 |
Other Intangible Assets | 1,922 | 1,939 | 3,385 | 3,203 | 3,065 | 3,062 |
Goodwill | 1,498 | 1,497 | - | - | - | - |
Long-Term Investments | 737 | 739 | 841 | 790 | 829 | 790 |
Other Long-Term Assets | 1,054 | 1,046 | 1,976 | 1,689 | 816 | 841 |
Total Assets | 26,707 | 25,732 | 24,644 | 22,514 | 20,090 | 19,648 |
Accounts Payable | 4,766 | 4,766 | 4,129 | 3,738 | 4,089 | 4,286 |
Unearned Revenue | 9,813 | 9,270 | 8,997 | 7,995 | 6,937 | 6,180 |
Other Current Liabilities | - | - | - | - | 3 | - |
Total Current Liabilities | 17,155 | 16,847 | 15,480 | 14,020 | 13,513 | 12,700 |
Long-Term Debt | 3,944 | 3,374 | 3,271 | 3,387 | 2,427 | 1,436 |
Other Long-Term Liabilities | 5,217 | 5,324 | 4,705 | 4,352 | 3,574 | 3,049 |
Total Long-Term Liabilities | 5,632 | 5,004 | 5,622 | 5,452 | 3,517 | 2,251 |
Total Liabilities | 22,787 | 21,851 | 21,102 | 19,472 | 17,030 | 14,951 |
Common Stock | 27 | 27 | 27 | 27 | 27 | 27 |
Accumulated Other Comprehensive Income | -161 | -215 | -78 | -102 | 15 | 22 |
Retained Earnings | 4,051 | 4,055 | 3,580 | 3,102 | 3,002 | 4,635 |
Total Common Shareholders' Equity | 3,917 | 3,867 | 3,529 | 3,027 | 3,044 | 4,684 |
Minority Interest | 3 | 14 | 13 | 15 | 16 | 13 |
Shareholders' Equity | 3,920 | 3,881 | 3,542 | 3,042 | 3,060 | 4,697 |
Total Liabilities & Equity | 26,707 | 25,732 | 24,644 | 22,514 | 20,090 | 19,648 |
Total Debt | 3,944 | 3,374 | 3,271 | 3,387 | 2,427 | 1,436 |
Net Cash (Debt) | 435 | 1,174 | 706 | -66 | -49 | 1,100 |
Net Cash Growth | -62.95% | 66.29% | - | - | - | -39.56% |
Net Cash Per Share | 0.43 | 1.17 | 0.70 | -0.07 | -0.05 | 1.09 |
Book Value | 3,917 | 3,867 | 3,529 | 3,027 | 3,044 | 4,684 |
Book Value Per Share | 3.85 | 3.85 | 3.49 | 3.00 | 3.03 | 4.65 |
Tangible Book Value | 497 | 431 | 144 | -176 | -21 | 1,622 |
Tangible Book Value Per Share | 0.49 | 0.43 | 0.14 | -0.17 | -0.02 | 1.61 |