OTIS A/S: Financial statements 2023
CVR: 32349110
Source: annual report 2023, Danish Business Authority
01/12/2022 – 30/11/2023
OTIS A/S (CVR 32349110) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 432,448,976 and a net result of DKK -4,641,093 compared with DKK -33,421,593 the year before. That is an increase of 15.1% compared with the year before. The profit margin was -1.1%. Equity in the 2023 report amounted to DKK -3,198,451. The company had 216 employees in the financial year.
- Revenue
- DKK 432,448,976
- Gross Profit
- DKK 52,701,194
- Profit/Loss
- DKK -4,641,093
- Equity
- DKK -3,198,451
- Total Assets
- DKK 255,439,070
- Employees
- 216
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | 432.4 mio. | 52.7 mio. | -4.6 mio. | -3.2 mio. | 216 |
| 2022 | 375.7 mio. | 17.4 mio. | -33.4 mio. | 8.9 mio. | 218 |
| 2021 | 338.5 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 |
Official annual report
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See the API documentationEvents in 2023
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.
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.