Owners, management and financials
CVR: 15515872
Secondary names: NKT Group A/S, NKT ULTERA A/S, NKT Cables Ultera A/S
Previous names: A/S PSE NR. 4468, INDUSTRIAKTIESELSKABET AF 29. DECEMBER 1992, NKT CABLES HOLDING A/S
EUR 23,086,000
Gross profit
Net result: EUR -28,588,000
NKT A/S (100%)
CVR · view owners
Michael Francis Yong Montejo, Morten Bang
Board: Claes Erik Sven Westerlind (chair) and 2 members
CVR · view management
Active
Founded 1 October 1991
CVR · view overview
84 employees
CVR · 2018
Director role ended: Line Andrea Fandrup
CVR · 01/04/2026
View the full event history
NKT CABLES GROUP A/S is a Danish company of the type Aktieselskab based in København Ø, founded in 1991. The company is registered under the industry Ikke-finansielle hovedsæders aktiviteter. The company was previously named NKT CABLES HOLDING A/S and INDUSTRIAKTIESELSKABET AF 29. DECEMBER 1992. The management consists of Michael Francis Yong Montejo and Morten Bang. The board consists of Claes Erik Sven Westerlind (chair), Anders Steffen Jensen and Michael Francis Yong Montejo. The company is owned by NKT A/S. The company has 84 employees (2018). In 2025, the company reported a gross profit of EUR 23,086,000 and a net result of EUR -28,588,000 compared with EUR -57,962,000 the year before. Equity in the 2025 report amounted to EUR 34,050,000.
Source: annual report 2025, Danish Business Authority
NKT CABLES GROUP A/S is currently facing significant financial challenges, as evidenced by consecutive annual losses and declining equity. The company reported a gross profit of €23.1 million in 2025, but incurred a substantial loss of €28.6 million, following a trend of increasing losses over the previous years, including a €57.9 million loss in 2024. While gross profit has shown some growth from €15.6 million in 2021 to €27.5 million in 2023, the overall profitability remains a concern, with equity decreasing from €153.9 million in 2021 to €34.1 million in 2025. The lack of disclosed revenue figures complicates the assessment of its market position, but the declining equity and persistent losses suggest a need for strategic reassessment to stabilize its financial health.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at drive industri- og handelsvirksomhed, samt have ejerinteresser i selskaber omfattet af nærværende formål.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 23.1 mio. EUR | -28.6 mio. EUR | 1.5 mia. EUR | 34 mio. EUR | 139 | |
| 202401/01/2024 – 31/12/2024 | 21.3 mio. EUR | -58 mio. EUR | 1.4 mia. EUR | 60.2 mio. EUR | 122 | |
| 202301/01/2023 – 31/12/2023 | 27.5 mio. EUR | -30 mio. EUR | 1.2 mia. EUR | 115.2 mio. EUR | 95 | |
| 202201/01/2022 – 31/12/2022 | 19.4 mio. EUR | -14.5 mio. EUR | 1.1 mia. EUR | 142.8 mio. EUR | 83 | |
| 202101/01/2021 – 31/12/2021 | 15.6 mio. EUR | -17 mio. EUR | 1.2 mia. EUR | 153.9 mio. EUR | 90 | |
| 202001/01/2020 – 31/12/2020 | 9.6 mio. EUR | -21 mio. EUR | 527 mio. EUR | 169.4 mio. EUR | 114 | |
| 201901/01/2019 – 31/12/2019 | 12 mio. EUR | -8.7 mio. EUR | 774.5 mio. EUR | 190.4 mio. EUR | 101 | |
| 201801/01/2018 – 31/12/2018 | 6.5 mio. EUR | -7.9 mio. EUR | 803.5 mio. EUR | 199.1 mio. EUR | 76 | |
| 201701/01/2017 – 31/12/2017 | -15.4 mio. EUR | -38 mio. EUR | 781.2 mio. EUR | 207 mio. EUR | 34 | |
| 201601/01/2016 – 31/12/2016 | -15.3 mio. EUR | -36.5 mio. EUR | 682.2 mio. EUR | 245.3 mio. EUR | - | |
| 201501/01/2015 – 31/12/2015 | 689 t. EUR | -57.3 mio. EUR | 690.3 mio. EUR | 286 mio. EUR | - | |
| 201401/01/2014 – 31/12/2014 | 1 t. EUR | -8 t. EUR | 507 t. EUR | 91 t. EUR | - | |
| 201301/01/2013 – 31/12/2013 | 2 t. EUR | -6 t. EUR | 502 t. EUR | 96 t. EUR | - | |
| 201201/01/2012 – 31/12/2012 | 2 mio. EUR | -641 t. EUR | 527.4 mio. EUR | 103 mio. EUR | - |
Compared to 513 companies in Ikke-finansielle hovedsæders aktiviteter
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
See the CDS score and get a full credit report with recommended credit limit and payment terms.
Read about the CDS scoreThe CVR number of NKT CABLES GROUP A/S is 15515872.
NKT CABLES GROUP A/S is owned by NKT A/S.
The management of NKT CABLES GROUP A/S consists of Michael Francis Yong Montejo and Morten Bang.
The board of NKT CABLES GROUP A/S consists of Claes Erik Sven Westerlind, Anders Steffen Jensen and Michael Francis Yong Montejo, with Claes Erik Sven Westerlind as chair.
In 2025, NKT CABLES GROUP A/S reported a gross profit of EUR 23,086,000.
NKT CABLES GROUP A/S had 84 employees in 2018 according to the Danish CVR register.
Claim this page to add your logo and social links. Free to get started.
NKT CABLES GROUP A/S has published its annual report for 2025. Gross profit came to DKK 23,086,000, and the net result was DKK -28,588,000.
As of April 1, 2026, Michael Francis Yong Montejo has joined the board of directors of NKT CABLES GROUP A/S.
As of April 1, 2026, Line Andrea Fandrup has left the board of directors of NKT CABLES GROUP A/S.
As of April 1, 2026, Michael Francis Yong Montejo is registered as director of NKT CABLES GROUP A/S.
As of April 1, 2026, Line Andrea Fandrup has stepped down as director of NKT CABLES GROUP A/S.
Address changed to Amerika Plads 21 21, 2100 København Ø (January 5, 2026).
As of September 30, 2025, Morten Bang is registered as director of NKT CABLES GROUP A/S.
As of September 30, 2025, Mark Skriver Ostersen Nielsen has stepped down as director of NKT CABLES GROUP A/S.
NKT CABLES GROUP A/S has published its annual report for 2024. Gross profit came to DKK 21,340,000, and the net result was DKK -57,962,000.
NKT CABLES GROUP A/S has published its annual report for 2023. Gross profit came to DKK 27,549,000, and the net result was DKK -29,986,000.
NKT CABLES GROUP A/S has published its annual report for 2022. Gross profit came to DKK 19,375,000, and the net result was DKK -14,494,000.
As of July 10, 2023, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of NKT CABLES GROUP A/S.
As of July 10, 2023, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of NKT CABLES GROUP A/S.
As of May 9, 2023, Claes Erik Sven Westerlind has joined the board of directors of NKT CABLES GROUP A/S.
As of May 9, 2023, Alexander Lothar Kara has left the board of directors of NKT CABLES GROUP A/S.
NKT CABLES GROUP A/S has published its annual report for 2021. Gross profit came to DKK 15,648,000, and the net result was DKK -17,033,000.
NKT CABLES GROUP A/S has published its annual report for 2020. Gross profit came to DKK 9,622,000, and the net result was DKK -21,043,000.
As of August 10, 2020, Line Andrea Fandrup has joined the board of directors of NKT CABLES GROUP A/S.
As of August 10, 2020, Roland Munkerod Andersen has left the board of directors of NKT CABLES GROUP A/S.
As of August 10, 2020, Line Andrea Fandrup is registered as director of NKT CABLES GROUP A/S.
As of August 10, 2020, Roland Munkerod Andersen has stepped down as director of NKT CABLES GROUP A/S.
NKT CABLES GROUP A/S has published its annual report for 2019. Gross profit came to DKK 12,017,000, and the net result was DKK -8,695,000.
As of November 18, 2019, Roland Munkerod Andersen has joined the board of directors of NKT CABLES GROUP A/S.
As of November 18, 2019, Anders Steffen Jensen has joined the board of directors of NKT CABLES GROUP A/S.
As of November 18, 2019, Mark Skriver Ostersen Nielsen has left the board of directors of NKT CABLES GROUP A/S.
As of November 18, 2019, Michael Chino Hjorth has left the board of directors of NKT CABLES GROUP A/S.
As of October 31, 2019, Alexander Lothar Kara has joined the board of directors of NKT CABLES GROUP A/S.
As of October 31, 2019, Jens Peter Due Olsen has left the board of directors of NKT CABLES GROUP A/S.
As of July 9, 2019, Mark Skriver Ostersen Nielsen has joined the board of directors of NKT CABLES GROUP A/S.
As of July 9, 2019, Morten Bang has left the board of directors of NKT CABLES GROUP A/S.
As of July 9, 2019, Mark Skriver Ostersen Nielsen is registered as director of NKT CABLES GROUP A/S.
As of July 9, 2019, Morten Bang has stepped down as director of NKT CABLES GROUP A/S.
NKT CABLES GROUP A/S has published its annual report for 2018. Gross profit came to DKK 6,501,000, and the net result was DKK -7,902,000.
As of March 21, 2019, Morten Bang has joined the board of directors of NKT CABLES GROUP A/S.
As of March 21, 2019, Jørgen Janus Roijer Hillerup has left the board of directors of NKT CABLES GROUP A/S.
As of March 21, 2019, Morten Bang is registered as director of NKT CABLES GROUP A/S.
As of March 21, 2019, Jørgen Janus Roijer Hillerup has stepped down as director of NKT CABLES GROUP A/S.
As of November 22, 2018, Michael Chino Hjorth has joined the board of directors of NKT CABLES GROUP A/S.
As of November 22, 2018, Michael Hedegaard Lyng has left the board of directors of NKT CABLES GROUP A/S.
As of November 22, 2018, Jørgen Janus Roijer Hillerup is registered as director of NKT CABLES GROUP A/S.
As of November 22, 2018, Michael Hedegaard Lyng has stepped down as director of NKT CABLES GROUP A/S.
NKT CABLES GROUP A/S has published its annual report for 2017. Gross profit came to DKK -15,450,000, and the net result was DKK -38,011,000.
As of August 24, 2017, Detlev Waimann has stepped down as director of NKT CABLES GROUP A/S.
NKT CABLES GROUP A/S has published its annual report for 2016. Gross profit came to DKK -15,284,000, and the net result was DKK -36,532,000.
NKT CABLES GROUP A/S has published its annual report for 2015. Gross profit came to DKK 689,000, and the net result was DKK -57,294,000.
As of October 29, 2015, Roland Munkerod Andersen is registered as director of NKT CABLES GROUP A/S.
As of September 1, 2015, Henrik Bøggild has stepped down as director of NKT CABLES GROUP A/S.
NKT CABLES GROUP A/S has published its annual report for 2014. Gross profit came to DKK 1,213, and the net result was DKK -8,049.
As of February 9, 2015, NKT A/S is registered as an owner of NKT CABLES GROUP A/S with an ownership share of 100%.
As of January 21, 2015, Michael Hedegaard Lyng is registered as director of NKT CABLES GROUP A/S.
As of January 21, 2015, Peter Becker has stepped down as director of NKT CABLES GROUP A/S.
As of November 14, 2014, Marc van't Noordende has stepped down as adm. dir. of NKT CABLES GROUP A/S.
NKT CABLES GROUP A/S has published its annual report for 2013. Gross profit came to DKK 1,679, and the net result was DKK -6,370.
As of August 30, 2013, Jens Peter Due Olsen has joined the board of directors of NKT CABLES GROUP A/S.
As of August 30, 2013, Jørgen Janus Roijer Hillerup has joined the board of directors of NKT CABLES GROUP A/S.
As of August 30, 2013, Søren Isaksen has left the board of directors of NKT CABLES GROUP A/S.
As of August 30, 2013, Thomas Peider Hofman-Bang has left the board of directors of NKT CABLES GROUP A/S.
NKT CABLES GROUP A/S has published its annual report for 2012. Gross profit came to DKK 1,988,000, and the net result was DKK -641,000.
As of April 18, 2013, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of NKT CABLES GROUP A/S.
As of April 18, 2013, EY Godkendt Revisionspartnerselskab has stepped down as auditor of NKT CABLES GROUP A/S.
As of April 18, 2013, Ole Bramsnæs has left the board of directors of NKT CABLES GROUP A/S.
As of April 18, 2013, Peter Becker is registered as director of NKT CABLES GROUP A/S.
As of April 2, 2012, Henrik Bøggild is registered as director of NKT CABLES GROUP A/S.
As of April 2, 2012, Asger Bruun-Christensen has stepped down as director of NKT CABLES GROUP A/S.
As of August 24, 2011, Paulus Quirinus Gerardus Langelaan has stepped down as director of NKT CABLES GROUP A/S.
As of July 29, 2011, Marc van't Noordende is registered as adm. dir. of NKT CABLES GROUP A/S.
As of March 4, 2011, Dionysius Augustinus Martinus Maria Metzemaekers has stepped down as adm. dir. of NKT CABLES GROUP A/S.
As of October 5, 2010, Paulus Quirinus Gerardus Langelaan is registered as director of NKT CABLES GROUP A/S.
As of October 5, 2010, Detlev Waimann is registered as director of NKT CABLES GROUP A/S.
As of December 10, 2008, Michael Hedegaard Lyng has joined the board of directors of NKT CABLES GROUP A/S.
As of April 9, 2008, EY Godkendt Revisionspartnerselskab has been appointed auditor of NKT CABLES GROUP A/S.
As of April 9, 2008, CJ Partnership I/S has stepped down as auditor of NKT CABLES GROUP A/S.
As of February 1, 2008, Arend Frans Knol has stepped down as director of NKT CABLES GROUP A/S.
As of December 6, 2005, Søren Isaksen has joined the board of directors of NKT CABLES GROUP A/S.
As of December 6, 2005, Thomas Peider Hofman-Bang has joined the board of directors of NKT CABLES GROUP A/S.
As of December 6, 2005, Tom Knutzen has left the board of directors of NKT CABLES GROUP A/S.
As of April 8, 2005, Asger Bruun-Christensen is registered as director of NKT CABLES GROUP A/S.
As of April 8, 2003, Thomas Peider Hofman-Bang has stepped down as director of NKT CABLES GROUP A/S.
As of June 10, 2002, Asger Bundgaard-Jensen has stepped down as director of NKT CABLES GROUP A/S.
As of May 22, 2002, Arend Frans Knol is registered as director of NKT CABLES GROUP A/S.
As of May 22, 2002, Dionysius Augustinus Martinus Maria Metzemaekers is registered as adm. dir. of NKT CABLES GROUP A/S.
On August 21, 2000, the company changed its name from NKT CABLES HOLDING A/S to NKT CABLES GROUP A/S.
As of April 14, 2000, Tom Knutzen has joined the board of directors of NKT CABLES GROUP A/S.
As of April 14, 2000, Gerhard Albrechtsen has left the board of directors of NKT CABLES GROUP A/S.
As of April 14, 2000, Tom Knutzen is registered as director of NKT CABLES GROUP A/S.
As of April 14, 2000, Thomas Peider Hofman-Bang is registered as director of NKT CABLES GROUP A/S.
As of April 14, 2000, Tom Knutzen has stepped down as director of NKT CABLES GROUP A/S.
On February 16, 1999, the company changed its name from INDUSTRIAKTIESELSKABET AF 29. DECEMBER 1992 to NKT CABLES HOLDING A/S.
As of February 15, 1999, Gerhard Albrechtsen has joined the board of directors of NKT CABLES GROUP A/S.
As of February 15, 1999, Hans Valentin Hansen has left the board of directors of NKT CABLES GROUP A/S.
As of February 15, 1999, Asger Bundgaard-Jensen is registered as director of NKT CABLES GROUP A/S.
As of February 15, 1999, Hans Valentin Hansen has stepped down as director of NKT CABLES GROUP A/S.
As of April 15, 1998, Ole Vestergaard has left the board of directors of NKT CABLES GROUP A/S.
As of December 9, 1996, Ole Vestergaard has joined the board of directors of NKT CABLES GROUP A/S.
As of December 9, 1996, Jørgen Lund Lavesen has left the board of directors of NKT CABLES GROUP A/S.
As of September 7, 1995, Jørgen Lund Lavesen has joined the board of directors of NKT CABLES GROUP A/S.
As of September 7, 1995, Knud Rasmussen has left the board of directors of NKT CABLES GROUP A/S.
As of September 7, 1995, Hans Valentin Hansen is registered as director of NKT CABLES GROUP A/S.
As of September 7, 1995, Knud Rasmussen has stepped down as director of NKT CABLES GROUP A/S.
As of May 23, 1995, Hans Valentin Hansen has joined the board of directors of NKT CABLES GROUP A/S.
As of May 23, 1995, Keld Sengeløv has left the board of directors of NKT CABLES GROUP A/S.
On January 29, 1993, the company changed its name from A/S PSE NR. 4468 to INDUSTRIAKTIESELSKABET AF 29. DECEMBER 1992.
As of January 28, 1993, Erik Tronborg Andersen has stepped down as auditor of NKT CABLES GROUP A/S.
As of January 28, 1993, Ulf Svejgaard Poulsen has left the board of directors of NKT CABLES GROUP A/S.
As of January 28, 1993, Susanne Saul Stakemann has left the board of directors of NKT CABLES GROUP A/S.
As of January 28, 1993, Per Emil Hasselbalch Stakemann has left the board of directors of NKT CABLES GROUP A/S.
As of January 28, 1993, Per Emil Hasselbalch Stakemann has stepped down as director of NKT CABLES GROUP A/S.
As of October 1, 1991, Erik Tronborg Andersen has been appointed auditor of NKT CABLES GROUP A/S.
As of October 1, 1991, CJ Partnership I/S has been appointed auditor of NKT CABLES GROUP A/S.
As of October 1, 1991, Ulf Svejgaard Poulsen has joined the board of directors of NKT CABLES GROUP A/S.
As of October 1, 1991, Susanne Saul Stakemann has joined the board of directors of NKT CABLES GROUP A/S.
As of October 1, 1991, Ole Bramsnæs has joined the board of directors of NKT CABLES GROUP A/S.
As of October 1, 1991, Knud Rasmussen has joined the board of directors of NKT CABLES GROUP A/S.
As of October 1, 1991, Per Emil Hasselbalch Stakemann has joined the board of directors of NKT CABLES GROUP A/S.
As of October 1, 1991, Keld Sengeløv has joined the board of directors of NKT CABLES GROUP A/S.
As of October 1, 1991, Knud Rasmussen is registered as director of NKT CABLES GROUP A/S.
As of October 1, 1991, Per Emil Hasselbalch Stakemann is registered as director of NKT CABLES GROUP A/S.
NKT CABLES GROUP A/S was founded on October 1, 1991.
Companies in the same industry and area
CVR 42916749
CVR 23075210
CVR 78470615
CVR 39245167
CVR 49619812
