NKT CABLES GROUP A/S: Financial statements 2021
CVR: 15515872
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
NKT CABLES GROUP A/S (CVR 15515872) has filed annual accounts for 2021. In 2021, the company reported a gross profit of EUR 15,648,000 and a net result of EUR -17,033,000 compared with EUR -21,043,000 the year before. That is an increase of 62.6% compared with the year before. Equity in the 2021 report amounted to EUR 153,885,000. The solvency ratio was 13.1%. The company had 90 employees in the financial year.
- Gross Profit
- EUR 15,648,000
- Profit/Loss
- EUR -17,033,000
- Equity
- EUR 153,885,000
- Total Assets
- EUR 1,172,922,000
- Employees
- 90
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | 15.6 mio. EUR | -17 mio. EUR | 153.9 mio. EUR | 90 |
| 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 |
Official annual report
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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.
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.