OTICON A/S: Financial statements 2019
CVR: 42334219
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
OTICON A/S (CVR 42334219) has filed annual accounts for 2019. In 2019, the company reported revenue of DKK 4,227,423,000 and a net result of DKK 551,594,000 compared with DKK 962,573,142 the year before. That is a decrease of 2.7% compared with the year before. The profit margin was 13%. Equity in the 2019 report amounted to DKK 2,538,565,000. The solvency ratio was 39%. The company had 1,340 employees in the financial year.
- Revenue
- DKK 4,227,423,000
- Gross Profit
- DKK 2,552,743,000
- Profit/Loss
- DKK 551,594,000
- Equity
- DKK 2,538,565,000
- Total Assets
- DKK 6,516,877,000
- Employees
- 1,340
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 4.2 mia. | 2.6 mia. | 551.6 mio. | 2.5 mia. | 1340 |
| 2018 | 4.3 mia. | 2.9 mia. | 962.6 mio. | 2.7 mia. | 1355 |
| 2017 | 4.5 mia. | 2.9 mia. | 1 mia. | 2.6 mia. | 1364 |
| 2016 | 3.7 mia. | 2.4 mia. | 743.6 mio. | 2.1 mia. | - |
| 2015 | 3.3 mia. | 2 mia. | 731 mio. | 1.8 mia. | - |
Official annual report
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Try company screeningEvents in 2019
OTICON A/S has published its annual report for 2018. Revenue came to DKK 4,342,565,000, and the net result was DKK 962,573,142.
As of March 19, 2019, Søren Nielsen has joined the board of directors of OTICON A/S.
As of March 19, 2019, Søren Dybdahl Dantoft has joined the board of directors of OTICON A/S.
As of March 19, 2019, Pia Cecilie Kaas Sperrild has joined the board of directors of OTICON A/S.
As of March 19, 2019, Anders Højsgaard Thomsen has joined the board of directors of OTICON A/S.
As of March 19, 2019, Svend Børge Foged Thomsen has left the board of directors of OTICON A/S.
As of March 19, 2019, Bjarne Klemmensen has left the board of directors of OTICON A/S.
As of March 19, 2019, Nikolaj Preben Hannibal Kannik has left the board of directors of OTICON A/S.
As of March 19, 2019, Svend Børge Foged Thomsen has stepped down as director of OTICON A/S.
About OTICON A/S
OTICON A/S is a Danish company of the type Aktieselskab based in Smørum, founded in 1957. The company is registered under the industry Fremstilling af høreapparater og dele hertil. The company was previously named AKTIESELSKABET WILLIAM DEMANT. The management consists of Søren Nielsen. The board consists of René Schneider (chair), Anders Skjødt Hebsgaard, Søren Nielsen and Thomas Duer. The company is owned by Demant A/S. The company has 1,698 employees (2026). In 2025, the company reported revenue of DKK 7,602,355,000 and a net result of DKK 1,738,053,000 compared with DKK 2,126,263,000 the year before. Equity in the 2025 report amounted to DKK 7,470,698,000.