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NKT AS (OCSE:NKT) Allowance For Loans And Lease Losses


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What is NKT AS Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


NKT AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NKT AS (OCSE:NKT) » Definitions » Allowance For Loans And Lease Losses
Address
Vibeholms Alle 20, Broendby, DNK, 2605
NKT A/S is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.