NKT CABLES GROUP A/S: Financial statements 2020
CVR: 15515872
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
NKT CABLES GROUP A/S (CVR 15515872) has filed annual accounts for 2020. In 2020, the company reported a gross profit of EUR 9,622,000 and a net result of EUR -21,043,000 compared with EUR -8,695,000 the year before. That is a decrease of 19.9% compared with the year before. Equity in the 2020 report amounted to EUR 169,390,000. The solvency ratio was 32.1%. The company had 114 employees in the financial year.
- Gross Profit
- EUR 9,622,000
- Profit/Loss
- EUR -21,043,000
- Equity
- EUR 169,390,000
- Total Assets
- EUR 526,960,000
- Employees
- 114
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 9.6 mio. EUR | -21 mio. EUR | 169.4 mio. EUR | 114 |
| 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 | - |
Official annual report
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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.
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.