NKT CABLES GROUP A/S: Financial statements 2019
CVR: 15515872
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
NKT CABLES GROUP A/S (CVR 15515872) has filed annual accounts for 2019. In 2019, the company reported a gross profit of EUR 12,017,000 and a net result of EUR -8,695,000 compared with EUR -7,902,000 the year before. That is an increase of 84.8% compared with the year before. Equity in the 2019 report amounted to EUR 190,433,000. The solvency ratio was 24.6%. The company had 101 employees in the financial year.
- Gross Profit
- EUR 12,017,000
- Profit/Loss
- EUR -8,695,000
- Equity
- EUR 190,433,000
- Total Assets
- EUR 774,504,000
- Employees
- 101
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | - | 12 mio. EUR | -8.7 mio. EUR | 190.4 mio. EUR | 101 |
| 2018 | - | 6.5 mio. EUR | -7.9 mio. EUR | 199.1 mio. EUR | 76 |
| 2017 | - | -15.4 mio. EUR | -38 mio. EUR | 207 mio. EUR | 34 |
| 2016 | - | -15.3 mio. EUR | -36.5 mio. EUR | 245.3 mio. EUR | - |
| 2015 | - | 689 t. EUR | -57.3 mio. EUR | 286 mio. EUR | - |
Official annual report
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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.
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.