NKT CABLES GROUP A/S

CVR 15515872 · Public limited company (A/S) · Active · Low risk

NKT CABLES GROUP A/S is a Public limited company (A/S), founded on , based in København Ø. The company is registered in the industry ikke-finansielle hovedsæders aktiviteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 34.1m and a net result of DKK -28.6m. CEO: Morten Bang, Michael Francis Yong Montejo.

Bankruptcy risk for NKT CABLES GROUP A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, medium-size enterprise · bankruptcy rate 0.8%0.09×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
15515872
Status
Active
Company type
Public limited company (A/S)
Founded
(35 years)
Address
Amerika Plads 29
2100 København Ø
Municipality
København
Industry
Ikke-finansielle hovedsæders aktiviteter (701010)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 200.0m
Employees
84 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 31
Missing annual reportNo
Negative equityNo
Equity ratio2.3%
Current ratio14%
Moves (last 2 years)2
CEO changes in total35
CEO's previous bankruptcies0
Other companies at the address37
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 23.1mDKK 21.3m
Net profitDKK -28.6mDKK -58.0m
EquityDKK 34.1mDKK 60.2m
Total assetsDKK 1.5bnDKK 1.4bn
CashDKK 58k–
Short-term debtDKK 1.4bn–
Avg. employees139–

Latest annual report: Reporting class C, medium-size enterprise · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023192 Late
1 Jan 2022 – 31 Dec 2022194 Late
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019167
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016167
1 Jan 2015 – 31 Dec 2015154
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011135
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 200983
1 Jan 2008 – 31 Dec 200895
1 Jan 2007 – 31 Dec 2007112
1 Jan 2006 – 31 Dec 2006112

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOMorten BangCurrent
CEOMichael Francis Yong MontejoCurrent
CEOKnud Rasmussen
CEOPer Emil Hasselbalch Stakemann
CEOHans Valentin Hansen
CEOAsger Bundgaard-Jensen
CEOTom Knutzen
CEOThomas Peider Hofman-Bang
CEOArend Frans Knol
CEOAsger Bruun-Christensen
CEOPaulus Quirinus Gerardus Langelaan
CEODetlev Waimann
CEOHenrik Bøggild
CEOPeter Becker
CEOMichael Hedegaard Lyng
CEORoland Munkerod Andersen
CEOJørgen Janus Roijer Hillerup
CEOMorten Bang
CEOMark Skriver Ostersen Nielsen
CEOLine Andrea Fandrup
BoardAnders Steffen JensenCurrent
BoardClaes Erik Sven WesterlindCurrent
BoardMichael Francis Yong MontejoCurrent
BoardUlf Svejgaard Poulsen
BoardSusanne Saul Stakemann
BoardOle Bramsnæs
BoardKnud Rasmussen
BoardPer Emil Hasselbalch Stakemann
BoardKeld Sengeløv
BoardHans Valentin Hansen
BoardJørgen Lund Lavesen
BoardOle Vestergaard
BoardGerhard Albrechtsen
BoardTom Knutzen
BoardSøren Isaksen
BoardThomas Peider Hofman-Bang
BoardMichael Hedegaard Lyng
BoardJens Peter Due Olsen
BoardJørgen Janus Roijer Hillerup
BoardMichael Chino Hjorth
BoardMorten Bang
BoardMark Skriver Ostersen Nielsen
BoardAlexander Lothar Kara
BoardRoland Munkerod Andersen
BoardLine Andrea Fandrup
Owner (100%)NKT A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorErik Tronborg Andersen
AuditorCJ Partnership I/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderVX 10.312 ApSCurrent
FounderMEDIMEX ApSCurrent
FounderApS KBIL 9 NR. 1008Current

The CEOs' other companies

Morten Bang – 4 other companies

Knud Rasmussen – 30 other companies

Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt

Hans Valentin Hansen – 34 other companies, of which 1 bankrupt

Asger Bundgaard-Jensen – 12 other companies, of which 2 bankrupt

Tom Knutzen – 40 other companies

Thomas Peider Hofman-Bang – 32 other companies

Asger Bruun-Christensen – 15 other companies, of which 1 bankrupt

Henrik Bøggild – 2 other companies

Michael Hedegaard Lyng – 39 other companies, of which 1 bankrupt

Roland Munkerod Andersen – 32 other companies

Jørgen Janus Roijer Hillerup – 52 other companies

Mark Skriver Ostersen Nielsen – 28 other companies

Line Andrea Fandrup – 12 other companies

Address history (4 moves)

Amerika Plads 29, 2100 København Ø
Amerika Plads 21, 2100 København Ø
Vibeholms Allé 20, 2605 Brøndby
Vibeholms Allé 25, 2605 Brøndby
D B U Allé 1, 2605 Brøndby

Former names

NKT CABLES GROUP A/S – now
NKT CABLES HOLDING A/S –
INDUSTRIAKTIESELSKABET AF 29. DECEMBER 1992 –
A/S PSE NR. 4468 –

Employees per year

Number of employees at NKT CABLES GROUP A/S per year42842011: 1520112012: 1120122013: 1220132014: 920142015: 820152016: 1920162017: 4820172018: 842018

Other companies at the same address

Similar companies in København

Questions and answers about NKT CABLES GROUP A/S

Has NKT CABLES GROUP A/S gone bankrupt?

No, NKT CABLES GROUP A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NKT CABLES GROUP A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of NKT CABLES GROUP A/S?

Morten Bang, Michael Francis Yong Montejo are the CEOs of NKT CABLES GROUP A/S.

Who is the auditor of NKT CABLES GROUP A/S?

NKT CABLES GROUP A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was NKT CABLES GROUP A/S founded?

NKT CABLES GROUP A/S was founded on 1 October 1991.

What is the equity of NKT CABLES GROUP A/S?

Equity was DKK 34.1m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.