Force Bidco A/S
Force Bidco A/S is a Denmark-based holding company associated with FairWind’s wind-turbine installation and service business. The group provides project-based and recurring technical services for the wind energy industry, supporting wind farm owners and equipment makers across international markets.
Fiscal year 2025 · change from previous year
Development 2021–2025
Business
Share of revenueInstallation and commissioning support for wind turbine projects and related works.
Ongoing technical service work for operating wind turbines and wind farms.
Specialised safety and competency training for wind industry personnel.
Customers
The company serves wind farm owners, OEMs, and other project counterparties that need technical execution across installation and service phases. Customers buy these services to secure safe project delivery, meet certification and HSEQ requirements, and keep turbines operating reliably over their lifecycle.
They buy installation and service capability to deliver and maintain operating wind assets.
They outsource project execution and technical services tied to turbine deployment.
They use the company for safe, efficient installation and ongoing field support.
They purchase certified training modules for working at height and site safety.
Strategy
The company’s strategy is centered on remaining a specialist execution partner in wind installation and service, with training as a supporting capability. Its positioning depends on operational safety, technical quality, and close customer coordination across project planning, engineering, and site execution.
Specialization supports customer trust and repeat project wins in a technical market.
Wind site work is high-risk and customers expect consistent HSEQ performance.
Training deepens customer relationships and complements field services.
Geography
The business operates across global wind markets, with project and service activity delivered in multiple countries rather than one domestic market. The report indicates a broad international footprint, while administrative facilities and small offices support operations globally.
Risks
The business is exposed to execution risk on wind installation and service projects, where safety, scheduling, and technical quality directly affect customer outcomes. It also faces typical renewable-services risks such as dependency on project pipelines, site access constraints, and customer demands for strict HSEQ and sustainability compliance.
- Site health and safety incidentsImpact: HighLikelihood: High
Wind installation and service work involves elevated physical risk in unconventional conditions.
Exposure: Own operations
- Project interruption from customer or community complaintsImpact: HighLikelihood: Medium
The report notes advocacy or complaints may impose stoppages or limitations.
Exposure: Own operations
- Workforce attrition and stress-related absenceImpact: MediumLikelihood: Medium
Difficult site conditions and limited development opportunities can raise turnover and sick leave.
Exposure: Workforce
- Ethics and compliance failuresImpact: MediumLikelihood: Medium
The report highlights financial penalties and reputational damage from poor business conduct.
Exposure: Upstream and own operations
Accounting
Judgemental itemsInstallation and service contracts may recognize revenue over time or by milestones, affecting period comparability.
Impact: Can shift reported revenue and margin between quarters
Site incidents, customer disputes, or compliance issues may require accruals.
Impact: Can affect operating profit and cash outflow timing
GHG emissions measurement and control procedures are still being built out.
Impact: Can affect disclosed ESG metrics and assurance quality
Offices, warehouses, and field support assets may create IFRS 16 balances.
Impact: Affects EBITDA presentation, debt-like liabilities, and depreciation
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Last updated: 24/10/2026