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NKT CABLES GROUP A/S: Financial statements 2024

CVR: 15515872

Source: annual report 2024, Danish Business Authority

01/01/2024 – 31/12/2024

NKT CABLES GROUP A/S (CVR 15515872) has filed annual accounts for 2024. In 2024, the company reported a gross profit of EUR 21,340,000 and a net result of EUR -57,962,000 compared with EUR -29,986,000 the year before. That is a decrease of 22.5% compared with the year before. Equity in the 2024 report amounted to EUR 60,209,000. The solvency ratio was 4.3%. The company had 122 employees in the financial year.

Gross Profit
EUR 21,340,000
Profit/Loss
EUR -57,962,000
Equity
EUR 60,209,000
Total Assets
EUR 1,408,522,000
Employees
122

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2024-21.3 mio. EUR-58 mio. EUR60.2 mio. EUR122
2023-27.5 mio. EUR-30 mio. EUR115.2 mio. EUR95
2022-19.4 mio. EUR-14.5 mio. EUR142.8 mio. EUR83
2021-15.6 mio. EUR-17 mio. EUR153.9 mio. EUR90
2020-9.6 mio. EUR-21 mio. EUR169.4 mio. EUR114

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Events in 2024

NKT CABLES GROUP A/S: The 2023 annual report is outJul 10, 2024

NKT CABLES GROUP A/S has published its annual report for 2023. Gross profit came to DKK 27,549,000, and the net result was DKK -29,986,000.

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