OTIS A/S: Financial statements 2024
CVR: 32349110
Source: annual report 2024, Danish Business Authority
01/12/2023 – 30/11/2024
OTIS A/S (CVR 32349110) has filed annual accounts for 2024. In 2024, the company reported revenue of DKK 370,904,295 and a net result of DKK 7,540,501 compared with DKK -4,641,093 the year before. That is a decrease of 14.2% compared with the year before. The profit margin was 2%. Equity in the 2024 report amounted to DKK 32,620,284. The solvency ratio was 15.4%. The company had 217 employees in the financial year.
- Revenue
- DKK 370,904,295
- Gross Profit
- DKK 60,093,515
- Profit/Loss
- DKK 7,540,501
- Equity
- DKK 32,620,284
- Total Assets
- DKK 211,244,077
- Employees
- 217
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | 370.9 mio. | 60.1 mio. | 7.5 mio. | 32.6 mio. | 217 |
| 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 |
Official annual report
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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.
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.