Phillips-Medisize A/S: Financial statements 2019
CVR: 24053415
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
Phillips-Medisize A/S (CVR 24053415) has filed annual accounts for 2019. In 2019, the company reported revenue of DKK 264,344,000 and a net result of DKK 20,694,000 compared with DKK 15,389,000 the year before. That is an increase of 26% compared with the year before. The profit margin was 7.8%. Equity in the 2019 report amounted to DKK 62,169,000. The solvency ratio was 43%.
- Revenue
- DKK 264,344,000
- Gross Profit
- DKK 87,768,000
- Profit/Loss
- DKK 20,694,000
- Equity
- DKK 62,169,000
- Total Assets
- DKK 144,710,000
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 264.3 mio. | 87.8 mio. | 20.7 mio. | 62.2 mio. | - |
| 2018 | 209.9 mio. | 61.5 mio. | 15.4 mio. | 41.5 mio. | - |
| 2017 | 150.5 mio. | 49.5 mio. | 8.2 mio. | 27.4 mio. | - |
| 2016 | 174.9 mio. | 47.9 mio. | -1.9 mio. | 19.3 mio. | - |
| 2015 | 146.5 mio. | 42.8 mio. | -1.7 mio. | 21.1 mio. | - |
Official annual report
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As of December 1, 2019, Grant Thornton, Godkendt Revisionspartnerselskab has been appointed auditor of Phillips-Medisize A/S.
As of December 1, 2019, EY Godkendt Revisionspartnerselskab has stepped down as auditor of Phillips-Medisize A/S.
As of December 1, 2019, David William Cole has joined the board of directors of Phillips-Medisize A/S.
As of December 1, 2019, Katherine Mary Dornan has joined the board of directors of Phillips-Medisize A/S.
As of December 1, 2019, Matthew Jon Jennings has left the board of directors of Phillips-Medisize A/S.
As of December 1, 2019, Norman Charles Roegner III has left the board of directors of Phillips-Medisize A/S.
Phillips-Medisize A/S has published its annual report for 2018. Revenue came to DKK 209,869,000, and the net result was DKK 15,389,000.
About Phillips-Medisize A/S
Phillips-Medisize A/S is a Danish company of the type Aktieselskab based in Struer, founded in 1930. The company is registered under the industry Fremstilling af medicinske og dentale instrumenter samt udstyr hertil. The company was previously named Medicom Innovation Partner a/s and BANG & OLUFSEN MEDICOM A/S. The management consists of Cecilie Rørbye. The board consists of David William Cole (chair), Brett Alan Landrum and Nitesh Gupta. The company is owned by Phillips-Medisize Holdings A/S. The company has 228 employees (2026). In 2025, the company reported revenue of DKK 425,791,000 and a net result of DKK 35,364,000 compared with DKK 12,144,000 the year before. Equity in the 2025 report amounted to DKK 148,900,000.