# Cadeler A/S: overview

CDLR · NYSE · CIK 1978867 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cdlr.md) · [Financials](/companies/cdlr/financials.md) · [Filings](/companies/cdlr/filings.md) · [Insiders](/companies/cdlr/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## Last five fiscal years

| Line item | Unit | FY (2021-12-31) | FY (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [60.9](/filings/0001104659-24-038836.md) | [106](/filings/0001104659-25-027667.md) | [109](/filings/0001978867-26-000022.md) | [249](/filings/0001978867-26-000022.md) | [620](/filings/0001978867-26-000022.md) |
| Gross margin | % | [36.2%](/filings/0001104659-24-038836.md) | [53.5%](/filings/0001104659-25-027667.md) | [44.9%](/filings/0001978867-26-000022.md) | [50.1%](/filings/0001978867-26-000022.md) | [61.8%](/filings/0001978867-26-000022.md) |
| Operating margin | % | [18.3%](/filings/0001104659-24-038836.md) | [38.7%](/filings/0001104659-25-027667.md) | [13.3%](/filings/0001978867-26-000022.md) | [27.9%](/filings/0001978867-26-000022.md) | [51.2%](/filings/0001978867-26-000022.md) |
| Net margin | % | [12.2%](/filings/0001104659-24-038836.md) | [33.4%](/filings/0001104659-25-027667.md) | [10.6%](/filings/0001978867-26-000022.md) | [26.2%](/filings/0001978867-26-000022.md) | [45.2%](/filings/0001978867-26-000022.md) |
| Diluted EPS | $ per share | [0.06](/filings/0001104659-24-038836.md) | [0.22](/filings/0001104659-25-027667.md) | [0.06](/filings/0001978867-26-000022.md) | [0.19](/filings/0001978867-26-000022.md) | [0.79](/filings/0001978867-26-000022.md) |
| Free cash flow | $m | [(133)](/filings/0001104659-24-038836.md) | [(196)](/filings/0001104659-25-027667.md) | [(3.5)](/filings/0001978867-26-000022.md) | [(522)](/filings/0001978867-26-000022.md) | [(841)](/filings/0001978867-26-000022.md) |

- Revenue. XBRL Revenue: ifrs-full:RevenueFromContractsWithCustomers.
- Gross margin (gross profit / revenue). XBRL Gross profit: ifrs-full:GrossProfit; Revenue: ifrs-full:RevenueFromContractsWithCustomers.
- Operating margin (operating income / revenue). XBRL Operating income: ifrs-full:ProfitLossFromOperatingActivities; Revenue: ifrs-full:RevenueFromContractsWithCustomers.
- Net margin (net income / revenue). XBRL Net income: ifrs-full:ProfitLossAttributableToOwnersOfParent; Revenue: ifrs-full:RevenueFromContractsWithCustomers.
- Diluted EPS. XBRL Diluted EPS: ifrs-full:DilutedEarningsLossPerShare.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: ifrs-full:CashFlowsFromUsedInOperatingActivities; Capital expenditure: ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cdlr/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Condire Management, LP](/funds/1847739.md) | 2026-06-30 | $11.8m | 539,983 |  | Reduced −84,417 |
| [VALUEWORKS LLC](/funds/1282189.md) | 2026-06-30 | $11.0m | 503,514 |  | Added +1,014 |
| [STOREBRAND ASSET MANAGEMENT AS](/funds/1685676.md) | 2026-06-30 | $8.3m | 380,721 |  | Unchanged |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $7.3m | 333,418 |  | Added +41,566 |
| [FRANKLIN RESOURCES INC](/funds/38777.md) | 2026-06-30 | $4.1m | 184,996 |  | Added +2,400 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $3.2m | 146,449 |  | Added +143 |
| [Qube Research & Technologies Ltd](/funds/1729829.md) | 2026-06-30 | $2.4m | 109,585 |  | Added +31,329 |
| [Yaupon Capital Management LP](/funds/1755028.md) | 2026-06-30 | $2.2m | 101,284 |  | Added +5,152 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $2.1m | 95,269 |  | Reduced −55,076 |
| [DNB Asset Management AS](/funds/1456670.md) | 2026-06-30 | $1.7m | 77,257 |  | Unchanged |

## Recent filings

[All 230 filings](/companies/cdlr/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 06:50 ET | [6-K](/filings/0001978867-26-000130.md) | Report of a foreign private issuer, period 2026-10-29 | 0001978867-26-000130 |
| 2026-10-29 | 06:50 ET | [6-K](/filings/0001978867-26-000129.md) | Report of a foreign private issuer, period 2026-10-29 | 0001978867-26-000129 |
| 2026-10-28 | 08:45 ET | [6-K](/filings/0001978867-26-000126.md) | Report of a foreign private issuer, period 2026-10-28 | 0001978867-26-000126 |
| 2026-10-21 | 17:22 ET | [6-K](/filings/0001978867-26-000123.md) | Report of a foreign private issuer, period 2026-10-21 | 0001978867-26-000123 |
| 2026-10-21 | 06:05 ET | [6-K](/filings/0001978867-26-000121.md) | Report of a foreign private issuer, period 2026-10-21 | 0001978867-26-000121 |
| 2026-10-06 | 06:19 ET | [6-K](/filings/0001978867-26-000119.md) | Report of a foreign private issuer, period 2026-10-05 | 0001978867-26-000119 |
| 2026-09-25 | 07:32 ET | [6-K](/filings/0001978867-26-000117.md) | Report of a foreign private issuer, period 2026-09-25 | 0001978867-26-000117 |
| 2026-09-23 | 13:08 ET | [6-K](/filings/0001978867-26-000115.md) | Report of a foreign private issuer, period 2026-09-23 | 0001978867-26-000115 |
| 2026-09-22 | 06:08 ET | [6-K](/filings/0001978867-26-000111.md) | Report of a foreign private issuer, period 2026-09-22 | 0001978867-26-000111 |
| 2026-09-21 | 16:19 ET | [6-K](/filings/0001978867-26-000109.md) | Report of a foreign private issuer, period 2026-09-21 | 0001978867-26-000109 |

## Latest annual report

[Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001978867-26-000022.md), filed Mar 24, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1978867
- Tickers: CDLR
- Exchange: NYSE
- SIC code: 4412 Deep Sea Foreign Transportation of  Freight
- State of incorporation: G7
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 07:46 ET. No prices; not investment advice.
