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Phillips-Medisize A/S: Financial statements 2020

CVR: 24053415

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

Phillips-Medisize A/S (CVR 24053415) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 274,588,000 and a net result of DKK 9,675,000 compared with DKK 20,694,000 the year before. That is an increase of 3.9% compared with the year before. The profit margin was 3.5%. Equity in the 2020 report amounted to DKK 71,847,000. The solvency ratio was 29.1%.

Revenue
DKK 274,588,000
Profit/Loss
DKK 9,675,000
Equity
DKK 71,847,000
Total Assets
DKK 246,880,000

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020274.6 mio.-9.7 mio.71.8 mio.-
2019264.3 mio.87.8 mio.20.7 mio.62.2 mio.-
2018209.9 mio.61.5 mio.15.4 mio.41.5 mio.-
2017150.5 mio.49.5 mio.8.2 mio.27.4 mio.-
2016174.9 mio.47.9 mio.-1.9 mio.19.3 mio.-

Official annual report

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Events in 2020

Phillips-Medisize A/S: The 2019 annual report is outMay 19, 2020

Phillips-Medisize A/S has published its annual report for 2019. Revenue came to DKK 264,344,000, and the net result was DKK 20,694,000.

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.

Source: annual report 2025, Danish Business Authority