NKT CABLES GROUP A/S: Financial statements 2023
CVR: 15515872
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
NKT CABLES GROUP A/S (CVR 15515872) has filed annual accounts for 2023. In 2023, the company reported a gross profit of EUR 27,549,000 and a net result of EUR -29,986,000 compared with EUR -14,494,000 the year before. That is an increase of 42.2% compared with the year before. Equity in the 2023 report amounted to EUR 115,181,000. The solvency ratio was 9.3%. The company had 95 employees in the financial year.
- Gross Profit
- EUR 27,549,000
- Profit/Loss
- EUR -29,986,000
- Equity
- EUR 115,181,000
- Total Assets
- EUR 1,237,894,000
- Employees
- 95
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 27.5 mio. EUR | -30 mio. EUR | 115.2 mio. EUR | 95 |
| 2022 | - | 19.4 mio. EUR | -14.5 mio. EUR | 142.8 mio. EUR | 83 |
| 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 |
Official annual report
Fetch this data via API
Every Danish company, financial statement and ownership record, straight into your own systems or your AI assistant via MCP.
See the API documentationEvents in 2023
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.
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.