Ørsted Wind Power TW Holding A/S — Regnskab

CVR 36035781

Seneste regnskabsperiode

  • 2025 • 2025-01-01 • 2025-12-31 • entity • DKK • -28186000 • -28186000 • 6591096000 • 46374278000 • 32701808000 • 1000

Regnskabshistorik

  • 2024 • 2024-01-01 • 2024-12-31 • entity • DKK • -57305000 • -57305000 • -716195000 • 35614927000 • 26110712000 • 1000
  • 2023 • 2023-01-01 • 2023-12-31 • entity • DKK • -31103000 • -31103000 • 721487000 • 35527841000 • 19326907000 • 1000
  • 2022 • 2022-01-01 • 2022-12-31 • entity • DKK • 0 • -135000 • -135000 • 680416000 • 23896971000 • 11105420000 • 1
  • 2021 • 2021-01-01 • 2021-12-31 • entity • DKK • 0 • -1212000 • -1212000 • 3066964000 • 18165358000 • 10425004000 • 1
  • 2020 • 2020-01-01 • 2020-12-31 • entity • DKK • 0 • -1733000 • -1733000 • 108291000 • 16791679000 • 7358040000 • 1
  • 2019 • 2019-01-01 • 2019-12-31 • entity • DKK • -236000 • -236000 • -31043000 • 9901936000 • 7249749000 • 1
  • 2018 • 2018-01-01 • 2018-12-31 • entity • DKK • -11000 • -561000 • 280804000 • 280792000 • 1
  • 2017 • 2017-01-01 • 2017-12-31 • entity • DKK • -11000 • -78000 • 147451000 • 61353000 • 1

Højdepunkter fra årsrapporten

  • primary activities • The purpose of the company is to hold shares in subsidiaries. • entity
  • development in activities and financial affairs • The company's income statement for the year ended 31 December 2025 shows a profit of 6.591.095 TDKK (2024: loss of 716.195 TDKK), and the balance sheet at 31 December 2025 shows equity of 32.701.807 TDKK (2024: 26.110.712 TDKK). During the period, the Company executed a reorganization of the subgroup related to the Greater Changhua 2a and 2b projects. As part of this reorganization, the Company incorporated Ørsted Greater Changhua SW Holdings Ltd. and disposed shares in Greater Changhua Offshore Wind Farm SW Ltd. The effect of these transaction was the net gain of TDKK 6.559.585 presented in the Income statement within "Income from investments in subsidiaries". • entity
  • development in activities and financial affairs • Operating risks The company is financing its activities, through subsidiaries, partly by issuing bonds in Taiwan. No further bonds have been issued during 2025. The company maintains a corporate rating with Taiwan Rating. The rating is twA (Stable outlook) and covers the company's activities in Taiwan. The rating is based on credit support provided by Ørsted A/S in the form of a general parent company guarantee, covering all the company's actual or contingent, present or future obligations and liabilities undertaken by the company in the ordinary course of its business. There are no special risks apart from normal risks associated with the company's core activity. • entity
  • expected development • Profit before taxes for 2026 is expected to be between 500-600 MDKK, primarily attributable to net financial income. • entity
  • result compared with expectations • Financial performance for 2025 exceeds the level assumed in last year’s Annual Report, primarily driven by the effects of the reorganisation (as described in the section above) and the gain recognised on the transaction of TDKK 6.559.585. However, excluding the gain on disposal of subsidiary, profit before tax was below the level anticipated in the 2024 Annual Report, mainly due to adverse exchange rate movements in 2025, which reduced the net financial result. • entity
  • recognition measurement uncertainty • The recognition and measurement of items in the annual report is associated with normal measurement uncertainty, as regards to the significant accounting estimates, which are described in the following. Wake loss compensation Wake loss compensation to our partners for neighbor wind parks is a significant estimate involving several factors which requires judgement and timing uncertainties. Impairment of investments Impairment of investments is subject to significant estimate especially in connection with assessing the future cash flows of the investments, which is based on our expectations. These estimates are based on assumptions, which are related with uncertainty. • entity
  • recognition measurement uncertainty • The recognition and measurement of items in the annual report is associated with normalmeasurement uncertainty, as regards to the significant accounting estimates, which are describedin the following.Wake loss compensationWake loss compensation to our partners for neighbor wind parks is a significant estimateinvolving several factors which requires judgement and timing uncertainties.Impairment of investmentsImpairment of investments is subject to significant estimate especially in connection withassessing the future cash flows of the investments, which is based on our expectations. Theseestimates are based on assumptions, which are related with uncertainty. • entity
  • unusual matters • In pursuance of Section 99d of the Danish Financial Statements Act, the Company has omitted information on data ethics. Reference is made to the 2025 Data Ethics statement of Ørsted A/S: https://orsted.com/en/about-us/corporate-governance/data-ethics-report • entity
  • unusual matters • In pursuance of Section 99d of the Danish Financial Statements Act, the Company has omitted information on data ethics. Reference is made to the 2025 Data Ethics statement of Ørsted A/S: https://orsted.com/en/about-us/corporate-governance/data-ethics-report • entity
  • subsequent events • No events have occurred after the balance sheet date which could significantly affect the company's financial position. • entity
  • contingent liabilities • The Ørsted group's Danish companies are jointly and severally liable for tax on group jointly taxes income, etc. Reference is made to the annual report for Ørsted A/S, the administration company in relation to joint taxation. The group's Danish companies are also jointly and severally liable for Danish withholding taxes on dividends, royalties and interests within the group of jointly taxed entities. Any subsequent corrections to income and withholding taxes may result in an increase in the entities' liability. The group's danish entities are jointly and severally liable for joint VAT registration. In view of the parent company guarantee provided by Ørsted A/S (see Management's review) and for the purposes of ranking creditors of the company pari passu with the creditors of Ørsted A/S, the company has formally decided to provide a guarantee covering all of Ørsted A/S’ actual or contingent, present or future payment obligations and liabilities undertaken by Ørsted A/S in relation to any senior bonds issued by it under its Debt Issuance Programme listed on Luxembourg Stock Exchange or other bond documentation and ii) other existing or future interest bearing senior debt obligations entered into with banks and other lender’s. Furthermore, in relation to the incorporation of the company as an issuer under Ørsted A/S’ Debt Issuance Programme between 4 November 2019 and 4 March 2024, the company is guaranteeing the due payment of all sums expressed to be payable by Ørsted A/S in relation to any senior bonds issued by it under the programme. Such guarantee liability will continue in any successive Debt Issuance Programme incorporating the company as guarantor. The company’s obligations in that respect will be contained in the trust deeds relating to the relevant Debt Issuance Programme. The company’s obligations under these upstream guarantees will at all times rank at least equally with all its other present and future unsecured and unsubordinated obligations. • entity
  • contingent liabilities • The Ørsted group's Danish companies are jointly and severally liable for tax on group jointly taxes income, etc. Reference is made to the annual report for Ørsted A/S, the administration company in relation to joint taxation. The group's Danish companies are also jointly and severally liable for Danish withholding taxes on dividends, royalties and interests within the group of jointly taxed entities. Any subsequent corrections to income and withholding taxes may result in an increase in the entities' liability. The group's danish entities are jointly and severally liable for joint VAT registration. In view of the parent company guarantee provided by Ørsted A/S (see Management's review) and for the purposes of ranking creditors of the company pari passu with the creditors of Ørsted A/S, the company has formally decided to provide a guarantee covering all of Ørsted A/S’ actual or contingent, present or future payment obligations and liabilities undertaken by Ørsted A/S in relation to any senior bonds issued by it under its Debt Issuance Programme listed on Luxembourg Stock Exchange or other bond documentation and ii) other existing or future interest bearing senior debt obligations entered into with banks and other lender’s. Furthermore, in relation to the incorporation of the company as an issuer under Ørsted A/S’ Debt Issuance Programme between 4 November 2019 and 4 March 2024, the company is guaranteeing the due payment of all sums expressed to be payable by Ørsted A/S in relation to any senior bonds issued by it under the programme. Such guarantee liability will continue in any successive Debt Issuance Programme incorporating the company as guarantor. The company’s obligations in that respect will be contained in the trust deeds relating to the relevant Debt Issuance Programme.The company’s obligations under these upstream guarantees will at all times rank at least equally with all its other present and future unsecured and unsubordinated obligations. • entity