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OTIS A/S: Financial statements 2022

CVR: 32349110

Source: annual report 2022, Danish Business Authority

01/12/2021 – 30/11/2022

OTIS A/S (CVR 32349110) has filed annual accounts for 2022. In 2022, the company reported revenue of DKK 375,720,371 and a net result of DKK -33,421,593 compared with DKK 15,709,081 the year before. That is an increase of 11% compared with the year before. The profit margin was -8.9%. Equity in the 2022 report amounted to DKK 8,944,425. The solvency ratio was 3.6%. The company had 218 employees in the financial year.

Revenue
DKK 375,720,371
Gross Profit
DKK 17,366,915
Profit/Loss
DKK -33,421,593
Equity
DKK 8,944,425
Total Assets
DKK 250,965,026
Employees
218

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022375.7 mio.17.4 mio.-33.4 mio.8.9 mio.218
2021338.5 mio.58.6 mio.15.7 mio.42.5 mio.207
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

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Events in 2022

Wesley Esther G. Steels joins the board of OTIS A/SSep 15, 2022

As of September 15, 2022, Wesley Esther G. Steels has joined the board of directors of OTIS A/S.

Emma Clare Bryan leaves the board of OTIS A/SSep 15, 2022

As of September 15, 2022, Emma Clare Bryan has left the board of directors of OTIS A/S.

Jørgen Helmuth Brodersen leaves the board of OTIS A/SSep 6, 2022

As of September 6, 2022, Jørgen Helmuth Brodersen has left the board of directors of OTIS A/S.

Fatih Sacan steps down as director of OTIS A/SJul 6, 2022

As of July 6, 2022, Fatih Sacan has stepped down as director of OTIS A/S.

OTIS A/S: The 2021 annual report is outJun 16, 2022

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.

Andrew Steven Bierer joins the board of OTIS A/SApr 5, 2022

As of April 5, 2022, Andrew Steven Bierer has joined the board of directors of OTIS A/S.

Emma Clare Bryan joins the board of OTIS A/SApr 5, 2022

As of April 5, 2022, Emma Clare Bryan has joined the board of directors of OTIS A/S.

Robert William Sadler joins the board of OTIS A/SApr 5, 2022

As of April 5, 2022, Robert William Sadler has joined the board of directors of OTIS A/S.

Fazil Serdar Demirkesen leaves the board of OTIS A/SApr 5, 2022

As of April 5, 2022, Fazil Serdar Demirkesen has left the board of directors 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.

Source: annual report 2025, Danish Business Authority