WELCON A/S

The company’s purpose is development activities, trading activities and production activities in connection with e.g. towers for wind turbines, directly or indirectly through group entities as well as all activities related thereto at the discretion of the Board of Directors.

Financial review

The company's income statement for the year ended 31 May 2026 shows a profit before tax of DKK 87,745 thousand, and the balance sheet at 31 May 2026 shows equity of DKK 274,602 thousand.…

Management expects the financial statement for 2026/27 to show a turnover at the level of DKK 1.5 billion and a profit before tax at the level of DKK 60 million.

Statement of policy for data ethics

Other obligationsThe company has entered into operating leases with term to maturity from 2025-2050. The total commitment relating to these leases amounts to DKK 614,349 thousand as of 31 May 2026. Hereof DKK 576,638 thousand relates to group companies. DKK 74,179 thousand is due within one year, hereof DKK 60,761 thousand to group companies.

The company has entered into lease obligation of land and buildings for the years 2025-2038 for production, inventory and administration. The total commitment relating to these leases amounts to DKK 1,054,743 thousand as of 31 May 2026 which relates to group companies. DKK 80,617 thousand is due within one year.…

As a security for bank debt, the company has provided company charges of DKK 35,000 thousand. The company charge includes claims, inventories, operating equipment and intangible rights. The booked value of these assets amounts to DKK 257,609 thousand as of 31 May 2026. Furthermore the company charge has been provided as security for the bank debt for the group companies Conwel A/S and Brande Investerings- og Finansieringsselskab A/S.