OTICON A/S: Financial statements 2020
CVR: 42334219
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
OTICON A/S (CVR 42334219) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 3,689,282,000 and a net result of DKK 165,416,000 compared with DKK 551,594,000 the year before. That is a decrease of 12.7% compared with the year before. The profit margin was 4.5%. Equity in the 2020 report amounted to DKK 2,032,096,000. The solvency ratio was 32.9%. The company had 1,367 employees in the financial year.
- Revenue
- DKK 3,689,282,000
- Gross Profit
- DKK 2,144,681,000
- Profit/Loss
- DKK 165,416,000
- Equity
- DKK 2,032,096,000
- Total Assets
- DKK 6,183,328,000
- Employees
- 1,367
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 3.7 mia. | 2.1 mia. | 165.4 mio. | 2 mia. | 1367 |
| 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. | - |
Official annual report
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OTICON A/S has published its annual report for 2019. Revenue came to DKK 4,227,423,000, and the net result was DKK 551,594,000.
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.