CVR: 32349110
Secondary names: JYDSK ELEVATOR SERVICE A/S, H.H. ELEVATOR A/S, TELEVATOR A/S
Previous names: OTIS ELEVATOR A/S
OTIS A/S is a Danish company of the type Aktieselskab based in Herlev, founded in 1962. The company is registered under the industry Andre bygningsinstallationsaktiviteter. The company was previously named OTIS ELEVATOR A/S. The management consists of Martin Renow Hansen. The company is owned by Alder Paris Holdings SAS. The company has 208 employees. In 2025, the company reported revenue of DKK 339,261,116 and a net result of DKK 11,876,921 compared with DKK 7,540,501 the year before. Equity amounted to DKK 163,952,186.
OTIS A/S has shown a significant recovery in its financial health, with a notable increase in revenue from 339.5 million DKK in 2021 to 339.3 million DKK in 2025, alongside a return to profitability with a profit of 11.9 million DKK. However, the company faced challenges in 2023 and 2022, reporting losses of 4.6 million DKK and 33.4 million DKK, respectively. The equity position has improved dramatically, rising from a negative equity of -3.2 million DKK in 2023 to 163.9 million DKK in 2025, indicating a strong turnaround. Despite these improvements, the fluctuating profit margins and previous losses raise concerns about stability in the competitive building installation industry.
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| Year | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 2025 | 339.3 mio. | 11.9 mio. | 280.4 mio. | 164 mio. | 183 | |
| 2024 | 370.9 mio. | 7.5 mio. | 211.2 mio. | 32.6 mio. | 217 | |
| 2023 | 432.4 mio. | -4.6 mio. | 255.4 mio. | -3.2 mio. | 216 | |
| 2022 | 375.7 mio. | -33.4 mio. | 251 mio. | 8.9 mio. | 218 | |
| 2021 | 338.5 mio. | 15.7 mio. | 207.3 mio. | 42.5 mio. | 207 | |
| 2020 | - | -12.9 mio. | 177.5 mio. | 20.5 mio. | 190 | |
| 2019 | - | -4.3 mio. | 115.1 mio. | 30.3 mio. | 175 | |
| 2018 | - | -13.4 mio. | 125.2 mio. | 34.7 mio. | 171 | |
| 2017 | - | 13.1 mio. | 157.1 mio. | 47.1 mio. | 176 | |
| 2016 | - | 13.1 mio. | 139.3 mio. | 46.1 mio. | 187 | |
| 2015 | - | 6.1 mio. | 133.9 mio. | 42.1 mio. | 178 |
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Read about the CDS scoreCompared to 276 companies in Andre bygningsinstallationsaktiviteter
Comparison is based on industry median values
3 public tenders won
Sources: TED (the EU tender database) and udbud.dk
Screen owners and management against the Danish FSA's official PEP lists
Contact info changed: new phone: 44888999, new email: [email protected] (July 21, 2026).
As of June 30, 2026, is registered as an owner of OTIS A/S with an ownership share of 100%.
OTIS A/S has published its annual report for 2025. Revenue came to DKK 339,261,116, and the net result was DKK 11,876,921.
Contact info changed: new phone: 44888999, new email: [email protected] (May 12, 2026).
As of May 7, 2026, Muharrem Cinay has stepped down as director of OTIS A/S.
Contact info changed: new phone: 44888999, new email: [email protected] (February 27, 2026).
Contact info changed: new phone: 44888999, new email: [email protected] (January 17, 2026).
Contact info changed: new phone: 44888999, new email: [email protected] (January 16, 2026).
As of January 16, 2026, Muharrem Cinay has joined the board of directors of OTIS A/S.
As of January 16, 2026, Wesley Esther G. Steels has left the board of directors of OTIS A/S.
OTIS A/S has won the tender "EU-udbud 2025: Elevatorservice" issued by Fællesindkøb Fyn worth 1,153,699 DKK.
As of November 15, 2025, Martin Renow Hansen is registered as director of OTIS A/S.
OTIS A/S has published its annual report for 2024. Revenue came to DKK 370,904,295, and the net result was DKK 7,540,501.
As of November 1, 2024, Stig Østergaard Sørensen has joined the board of directors of OTIS A/S.
OTIS A/S has won the tender "Dynamisk Indkøbssystem - Elevatorydelser" issued by Aarhus Kommune worth 399,448 DKK.
OTIS A/S has published its annual report for 2023. Revenue came to DKK 432,448,976, and the net result was DKK -4,641,093.
As of April 19, 2024, Ales Korotvicka has joined the board of directors of OTIS A/S.
As of April 19, 2024, Andrew Steven Bierer has left the board of directors of OTIS A/S.
OTIS A/S has won the tender "50.75 Elevatorservice" issued by Staten og Kommunernes Indkøbsservice A/S worth 364,000,000 DKK.
As of December 31, 2023, Vagn Holm has left the board of directors of OTIS A/S.
As of November 15, 2023, Rajpal Singh has joined the board of directors of OTIS A/S.
As of September 22, 2023, Otto Svellov has joined the board of directors of OTIS A/S.
OTIS A/S has published its annual report for 2022. Revenue came to DKK 375,720,371, and the net result was DKK -33,421,593.
As of June 30, 2023, Romain Michel Tracz has left the board of directors of OTIS A/S.
As of May 8, 2023, Thomas Hindhede has left the board of directors of OTIS A/S.
As of May 8, 2023, Muharrem Cinay is registered as director of OTIS A/S.
As of May 8, 2023, Thomas Hindhede has stepped down as adm. dir. of OTIS A/S.
As of September 15, 2022, Wesley Esther G. Steels has joined the board of directors of OTIS A/S.
As of September 15, 2022, Emma Clare Bryan has left the board of directors of OTIS A/S.
As of September 6, 2022, Jørgen Helmuth Brodersen has left the board of directors of OTIS A/S.
As of July 6, 2022, Fatih Sacan has stepped down as director of OTIS A/S.
OTIS A/S has published its annual report for 2021. Revenue came to DKK 338,508,699, and the net result was DKK 15,709,081.
As of April 5, 2022, Andrew Steven Bierer has joined the board of directors of OTIS A/S.
As of April 5, 2022, Emma Clare Bryan has joined the board of directors of OTIS A/S.
As of April 5, 2022, Robert William Sadler has joined the board of directors of OTIS A/S.
As of April 5, 2022, Fazil Serdar Demirkesen has left the board of directors of OTIS A/S.
OTIS A/S has published its annual report for 2020. Gross profit came to DKK 40,925,486, and the net result was DKK -12,889,445.
As of October 12, 2020, Fazil Serdar Demirkesen has joined the board of directors of OTIS A/S.
As of October 11, 2020, Fazil Serdar Demirkesen has left the board of directors of OTIS A/S.
As of September 30, 2020, Bora Gülan has left the board of directors of OTIS A/S.
OTIS A/S has published its annual report for 2019. Gross profit came to DKK 55,603,315, and the net result was DKK -4,277,303.
As of April 22, 2020, Fatih Sacan is registered as director of OTIS A/S.
As of September 5, 2019, Romain Michel Tracz has joined the board of directors of OTIS A/S.
As of August 1, 2019, Jørgen Helmuth Brodersen has joined the board of directors of OTIS A/S.
As of July 31, 2019, Torben Dahlgaard Jørgensen has left the board of directors of OTIS A/S.
As of July 1, 2019, Alexander Reznik has left the board of directors of OTIS A/S.
OTIS A/S has published its annual report for 2018. Gross profit came to DKK 60,246,692, and the net result was DKK -13,419,394.
As of June 1, 2018, Alexander Reznik has joined the board of directors of OTIS A/S.
OTIS A/S has published its annual report for 2017. Gross profit came to DKK 65,025,281, and the net result was DKK 13,138,328.
As of June 6, 2017, Marc Pierre André Vachette has left the board of directors of OTIS A/S.
OTIS A/S has published its annual report for 2016. Gross profit came to DKK 63,030,423, and the net result was DKK 13,128,854.
As of February 14, 2017, Fazil Serdar Demirkesen has joined the board of directors of OTIS A/S.
As of February 14, 2017, Bora Gülan has joined the board of directors of OTIS A/S.
As of January 31, 2017, Sten Henrik Ingvar Nordin has left the board of directors of OTIS A/S.
As of December 15, 2016, Matti Olavi Kuivalainen has left the board of directors of OTIS A/S.
OTIS A/S has published its annual report for 2015. Gross profit came to DKK 64,339,490, and the net result was DKK 6,078,356.
As of March 1, 2016, Marc Pierre André Vachette has joined the board of directors of OTIS A/S.
As of March 1, 2016, Thierry Jaillot has left the board of directors of OTIS A/S.
As of August 31, 2015, Arne Olsen has left the board of directors of OTIS A/S.
OTIS A/S has published its annual report for 2014.
OTIS A/S has published its annual report for 2013.
As of May 1, 2014, Torben Dahlgaard Jørgensen has joined the board of directors of OTIS A/S.
As of May 1, 2014, Torben Dahlgaard Jørgensen has left the board of directors of OTIS A/S.
As of April 30, 2014, Carsten Bøje Larsen has left the board of directors of OTIS A/S.
As of April 23, 2014, Thomas Hindhede has joined the board of directors of OTIS A/S.
As of April 23, 2014, Matti Olavi Kuivalainen has joined the board of directors of OTIS A/S.
As of April 23, 2014, Marc Pierre André Vachette has left the board of directors of OTIS A/S.
As of April 23, 2014, Jean Pierre Dejoux has left the board of directors of OTIS A/S.
As of April 23, 2014, Thomas Hindhede is registered as adm. dir. of OTIS A/S.
As of April 23, 2014, Marc Pierre André Vachette has stepped down as adm. dir. of OTIS A/S.
OTIS A/S has published its annual report for 2012.
As of April 17, 2013, Carsten Bøje Larsen has joined the board of directors of OTIS A/S.
As of April 17, 2013, Torben Dahlgaard Jørgensen has joined the board of directors of OTIS A/S.
As of April 17, 2013, Arne Olsen has joined the board of directors of OTIS A/S.
As of April 17, 2013, Per Drews has left the board of directors of OTIS A/S.
As of April 17, 2013, Gert Clemensen has left the board of directors of OTIS A/S.
As of April 17, 2013, Kjeld Ihler Grøndahl Pedersen has left the board of directors of OTIS A/S.
As of December 10, 2012, Marc Pierre André Vachette has joined the board of directors of OTIS A/S.
As of December 10, 2012, Sten Henrik Ingvar Nordin has joined the board of directors of OTIS A/S.
As of December 10, 2012, Jean Pierre Dejoux has joined the board of directors of OTIS A/S.
As of December 10, 2012, Thierry Jaillot has joined the board of directors of OTIS A/S.
As of December 10, 2012, Mohamed Abdelouhab Bougheroumi has left the board of directors of OTIS A/S.
As of December 10, 2012, Jean-Luc Robert Lavenir has left the board of directors of OTIS A/S.
As of December 10, 2012, Riku Matti Kolari has left the board of directors of OTIS A/S.
As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of OTIS A/S.
As of July 1, 2011, A/S PSE NR. 4820 has stepped down as auditor of OTIS A/S.
As of May 31, 2010, Marc Pierre André Vachette is registered as adm. dir. of OTIS A/S.
As of May 31, 2010, Christian Leth Nielsen has stepped down as director of OTIS A/S.
As of May 31, 2010, Riku Matti Kolari has stepped down as adm. dir. of OTIS A/S.
As of January 30, 2009, Per Drews has joined the board of directors of OTIS A/S.
As of January 29, 2009, Kjeld Ihler Grøndahl Pedersen has joined the board of directors of OTIS A/S.
As of January 29, 2009, Mary Dorit Delcomyn has left the board of directors of OTIS A/S.
As of October 19, 2007, Jean-Luc Robert Lavenir has joined the board of directors of OTIS A/S.
As of October 19, 2007, Riku Matti Kolari has joined the board of directors of OTIS A/S.
As of October 19, 2007, Sammy David Goe has left the board of directors of OTIS A/S.
As of October 19, 2007, Jerome Paul Spencer has left the board of directors of OTIS A/S.
As of October 19, 2007, Riku Matti Kolari is registered as adm. dir. of OTIS A/S.
As of October 19, 2007, Sammy David Goe has stepped down as adm. dir. of OTIS A/S.
As of November 24, 2006, A/S PSE NR. 4820 has been appointed auditor of OTIS A/S.
As of November 24, 2006, Pricewaterhouse Coopers has stepped down as auditor of OTIS A/S.
As of November 24, 2006, Sammy David Goe has joined the board of directors of OTIS A/S.
As of November 24, 2006, Jerome Paul Spencer has joined the board of directors of OTIS A/S.
As of November 24, 2006, Aino Marjut Ontronen has left the board of directors of OTIS A/S.
As of November 24, 2006, Sammy David Goe is registered as adm. dir. of OTIS A/S.
As of November 24, 2006, Claus Homann has stepped down as adm. dir. of OTIS A/S.
As of March 29, 2006, Claus Homann is registered as adm. dir. of OTIS A/S.
As of March 29, 2006, Peter Flemming Sørensen has stepped down as adm. dir. of OTIS A/S.
As of February 24, 2005, Aino Marjut Ontronen has joined the board of directors of OTIS A/S.
As of February 24, 2005, Bruno Christian Maria Grob has left the board of directors of OTIS A/S.
As of February 24, 2005, Claes Fredrik Sven M Sederholm has left the board of directors of OTIS A/S.
As of February 24, 2005, Jean Louis Robert Dillard has left the board of directors of OTIS A/S.
As of September 14, 2004, Vagn Holm has joined the board of directors of OTIS A/S.
As of September 14, 2004, Vagn Holm has left the board of directors of OTIS A/S.
As of September 14, 2004, Jørn Minke has left the board of directors of OTIS A/S.
As of May 1, 2003, Peter Flemming Sørensen is registered as adm. dir. of OTIS A/S.
As of May 1, 2003, Henrik Taubert Rasmussen has stepped down as adm. dir. of OTIS A/S.
As of November 22, 2002, Jean Louis Robert Dillard has joined the board of directors of OTIS A/S.
As of November 22, 2002, Mohamed Abdelouhab Bougheroumi has joined the board of directors of OTIS A/S.
As of November 22, 2002, Josef Petrus G Paesen has left the board of directors of OTIS A/S.
As of June 3, 2002, Mary Dorit Delcomyn has joined the board of directors of OTIS A/S.
As of June 3, 2002, Vagn Holm has joined the board of directors of OTIS A/S.
As of June 3, 2002, Jørn Minke has joined the board of directors of OTIS A/S.
As of June 3, 2002, Gert Clemensen has joined the board of directors of OTIS A/S.
As of June 3, 2002, Sean Anders Kilpatrick has left the board of directors of OTIS A/S.
As of June 3, 2002, Leo Bang Andersen has left the board of directors of OTIS A/S.
As of June 3, 2002, Per Drews has left the board of directors of OTIS A/S.
As of April 30, 2001, Josef Petrus G Paesen has joined the board of directors of OTIS A/S.
As of April 30, 2001, Claes Fredrik Sven M Sederholm has joined the board of directors of OTIS A/S.
As of April 30, 2001, Finn Jeff Lernø has left the board of directors of OTIS A/S.
As of April 30, 2001, Pentti Juhani Rikkinen has left the board of directors of OTIS A/S.
As of April 30, 2001, Christian Leth Nielsen is registered as director of OTIS A/S.
As of March 1, 2000, Henrik Taubert Rasmussen is registered as adm. dir. of OTIS A/S.
As of March 1, 2000, Søren Molberg has stepped down as director of OTIS A/S.
As of June 9, 1999, Pricewaterhouse Coopers has been appointed auditor of OTIS A/S.
As of June 9, 1999, A/S PSE NR. 4820 has stepped down as auditor of OTIS A/S.
As of March 16, 1999, Kaj Palle Rosenkilde has left the board of directors of OTIS A/S.
As of January 25, 1999, Søren Molberg is registered as director of OTIS A/S.
As of January 25, 1999, Claes Fredrik Sven Sederholm has stepped down as director of OTIS A/S.
As of December 31, 1998, Sean Anders Kilpatrick has joined the board of directors of OTIS A/S.
As of December 31, 1998, Sean Anders Kilpatrick has joined the board of directors of OTIS A/S.
As of December 31, 1998, Sean Anders Kilpatrick has left the board of directors of OTIS A/S.
As of December 31, 1998, Lars Zacharias Jensen has left the board of directors of OTIS A/S.
As of April 20, 1998, Per Drews has joined the board of directors of OTIS A/S.
As of April 20, 1998, Lars Zacharias Jensen has joined the board of directors of OTIS A/S.
As of March 20, 1998, Finn Jeff Lernø has joined the board of directors of OTIS A/S.
As of March 20, 1998, Pentti Juhani Rikkinen has joined the board of directors of OTIS A/S.
As of March 20, 1998, Bruno Christian Maria Grob has joined the board of directors of OTIS A/S.
As of March 20, 1998, Carsten Ivar Carstensen has left the board of directors of OTIS A/S.
As of March 20, 1998, Vagn Holm has left the board of directors of OTIS A/S.
As of March 20, 1998, Niels Jørgen Jørgensen has left the board of directors of OTIS A/S.
As of March 20, 1998, Marco Bonissone has left the board of directors of OTIS A/S.
As of March 20, 1998, Claes Fredrik Sven Sederholm is registered as director of OTIS A/S.
As of March 20, 1998, Carsten Ivar Carstensen has stepped down as adm. dir. of OTIS A/S.
As of April 18, 1997, Hans Robert Storm has left the board of directors of OTIS A/S.
As of April 18, 1997, Pentti Juhani Rikkinen has left the board of directors of OTIS A/S.
As of October 11, 1995, Leo Bang Andersen has joined the board of directors of OTIS A/S.
As of October 11, 1995, Bent Herlevsen has left the board of directors of OTIS A/S.
As of October 11, 1995, Leo Bang Andersen has left the board of directors of OTIS A/S.
As of April 11, 1994, Bent Herlevsen has joined the board of directors of OTIS A/S.
As of April 11, 1994, Vagn Holm has joined the board of directors of OTIS A/S.
As of April 11, 1994, Niels Jørgen Jørgensen has joined the board of directors of OTIS A/S.
As of April 11, 1994, Leo Bang Andersen has joined the board of directors of OTIS A/S.
As of April 11, 1994, Erik Dam Hansen has left the board of directors of OTIS A/S.
As of April 11, 1994, Hans Erik Andersen has left the board of directors of OTIS A/S.
As of April 11, 1994, Torben Andersen has left the board of directors of OTIS A/S.
As of April 11, 1994, Vagn Holm has left the board of directors of OTIS A/S.
As of January 21, 1993, Jacques Raoul Lalo has left the board of directors of OTIS A/S.
On July 4, 1991, the company changed its name from OTIS ELEVATOR A/S to OTIS A/S.
As of May 30, 1990, Erik Arthur Mortensen has left the board of directors of OTIS A/S.
As of May 30, 1990, Jørgen Reinholdt Nielsen has left the board of directors of OTIS A/S.
As of June 6, 1989, Svend Møller has left the board of directors of OTIS A/S.
As of May 25, 1988, Yves Jean-Francois Hecht has left the board of directors of OTIS A/S.
As of February 27, 1962, A/S PSE NR. 4820 has been appointed auditor of OTIS A/S.
As of February 27, 1962, Erik Dam Hansen has joined the board of directors of OTIS A/S.
As of February 27, 1962, Hans Erik Andersen has joined the board of directors of OTIS A/S.
As of February 27, 1962, Carsten Ivar Carstensen has joined the board of directors of OTIS A/S.
As of February 27, 1962, Erik Arthur Mortensen has joined the board of directors of OTIS A/S.
As of February 27, 1962, Hans Robert Storm has joined the board of directors of OTIS A/S.
As of February 27, 1962, Kaj Palle Rosenkilde has joined the board of directors of OTIS A/S.
As of February 27, 1962, Svend Møller has joined the board of directors of OTIS A/S.
As of February 27, 1962, Jørgen Reinholdt Nielsen has joined the board of directors of OTIS A/S.
As of February 27, 1962, Torben Andersen has joined the board of directors of OTIS A/S.
As of February 27, 1962, Vagn Holm has joined the board of directors of OTIS A/S.
As of February 27, 1962, Yves Jean-Francois Hecht has joined the board of directors of OTIS A/S.
As of February 27, 1962, Jacques Raoul Lalo has joined the board of directors of OTIS A/S.
As of February 27, 1962, Pentti Juhani Rikkinen has joined the board of directors of OTIS A/S.
As of February 27, 1962, Marco Bonissone has joined the board of directors of OTIS A/S.
As of February 27, 1962, Carsten Ivar Carstensen is registered as adm. dir. of OTIS A/S.
OTIS A/S was founded on February 27, 1962.
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