OTIS A/S: Financial statements 2020
CVR: 32349110
Source: annual report 2020, Danish Business Authority
01/12/2019 – 30/11/2020
OTIS A/S (CVR 32349110) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 40,925,486 and a net result of DKK -12,889,445 compared with DKK -4,277,303 the year before. That is a decrease of 26.4% compared with the year before. Equity in the 2020 report amounted to DKK 20,494,024. The solvency ratio was 11.5%. The company had 190 employees in the financial year.
- Gross Profit
- DKK 40,925,486
- Profit/Loss
- DKK -12,889,445
- Equity
- DKK 20,494,024
- Total Assets
- DKK 177,459,300
- Employees
- 190
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 40.9 mio. | -12.9 mio. | 20.5 mio. | 190 |
| 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 |
Official annual report
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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.
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.