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NKT CABLES GROUP A/S: Financial statements 2018

CVR: 15515872

Source: annual report 2018, Danish Business Authority

01/01/2018 – 31/12/2018

NKT CABLES GROUP A/S (CVR 15515872) has filed annual accounts for 2018. In 2018, the company reported a gross profit of EUR 6,501,000 and a net result of EUR -7,902,000 compared with EUR -38,011,000 the year before. Equity in the 2018 report amounted to EUR 199,128,000. The solvency ratio was 24.8%. The company had 76 employees in the financial year.

Gross Profit
EUR 6,501,000
Profit/Loss
EUR -7,902,000
Equity
EUR 199,128,000
Total Assets
EUR 803,497,000
Employees
76

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2018-6.5 mio. EUR-7.9 mio. EUR199.1 mio. EUR76
2017--15.4 mio. EUR-38 mio. EUR207 mio. EUR34
2016--15.3 mio. EUR-36.5 mio. EUR245.3 mio. EUR-
2015-689 t. EUR-57.3 mio. EUR286 mio. EUR-
2014-1 t. EUR-8 t. EUR91 t. EUR-

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Events in 2018

Michael Chino Hjorth joins the board of NKT CABLES GROUP A/SNov 22, 2018

As of November 22, 2018, Michael Chino Hjorth has joined the board of directors of NKT CABLES GROUP A/S.

Michael Hedegaard Lyng leaves the board of NKT CABLES GROUP A/SNov 22, 2018

As of November 22, 2018, Michael Hedegaard Lyng has left the board of directors of NKT CABLES GROUP A/S.

Jørgen Janus Roijer Hillerup joins NKT CABLES GROUP A/S as directorNov 22, 2018

As of November 22, 2018, Jørgen Janus Roijer Hillerup is registered as director of NKT CABLES GROUP A/S.

Michael Hedegaard Lyng steps down as director of NKT CABLES GROUP A/SNov 22, 2018

As of November 22, 2018, Michael Hedegaard Lyng has stepped down as director of NKT CABLES GROUP A/S.

NKT CABLES GROUP A/S: The 2017 annual report is outJun 1, 2018

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.

About NKT CABLES GROUP A/S

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 161 employees (2026). 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