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OTIS A/S: Financial statements 2019

CVR: 32349110

Source: annual report 2019, Danish Business Authority

01/12/2018 – 30/11/2019

OTIS A/S (CVR 32349110) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 55,603,315 and a net result of DKK -4,277,303 compared with DKK -13,419,394 the year before. That is a decrease of 7.7% compared with the year before. Equity in the 2019 report amounted to DKK 30,312,047. The solvency ratio was 26.3%. The company had 175 employees in the financial year.

Gross Profit
DKK 55,603,315
Profit/Loss
DKK -4,277,303
Equity
DKK 30,312,047
Total Assets
DKK 115,098,842
Employees
175

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2019-55.6 mio.-4.3 mio.30.3 mio.175
2018-60.2 mio.-13.4 mio.34.7 mio.171
2017-65 mio.13.1 mio.47.1 mio.176
2016-63 mio.13.1 mio.46.1 mio.187
2015-64.3 mio.6.1 mio.42.1 mio.178

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Events in 2019

Romain Michel Tracz joins the board of OTIS A/SSep 5, 2019

As of September 5, 2019, Romain Michel Tracz has joined the board of directors of OTIS A/S.

Jørgen Helmuth Brodersen joins the board of OTIS A/SAug 1, 2019

As of August 1, 2019, Jørgen Helmuth Brodersen has joined the board of directors of OTIS A/S.

Torben Dahlgaard Jørgensen leaves the board of OTIS A/SJul 31, 2019

As of July 31, 2019, Torben Dahlgaard Jørgensen has left the board of directors of OTIS A/S.

Alexander Reznik leaves the board of OTIS A/SJul 1, 2019

As of July 1, 2019, Alexander Reznik has left the board of directors of OTIS A/S.

OTIS A/S: The 2018 annual report is outMay 22, 2019

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.

About OTIS 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 board consists of Ales Korotvicka (chair), Muharrem Cinay, Otto Svellov and Rajpal Singh. The company is owned by Alder Paris Holdings SAS. The company has 182 employees (2026). 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 in the 2025 report amounted to DKK 163,952,186.

Source: annual report 2025, Danish Business Authority