OTICON A/S: Financial statements 2021
CVR: 42334219
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
OTICON A/S (CVR 42334219) has filed annual accounts for 2021. In 2021, the company reported revenue of DKK 5,705,329,000 and a net result of DKK 1,525,319,000 compared with DKK 165,416,000 the year before. That is an increase of 54.6% compared with the year before. The profit margin was 26.7%. Equity in the 2021 report amounted to DKK 3,205,883,000. The solvency ratio was 39.7%. The company had 1,462 employees in the financial year.
- Revenue
- DKK 5,705,329,000
- Gross Profit
- DKK 3,721,162,000
- Profit/Loss
- DKK 1,525,319,000
- Equity
- DKK 3,205,883,000
- Total Assets
- DKK 8,083,680,000
- Employees
- 1,462
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | 5.7 mia. | 3.7 mia. | 1.5 mia. | 3.2 mia. | 1462 |
| 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 |
Official annual report
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OTICON A/S has published its annual report for 2020. Revenue came to DKK 3,689,282,000, and the net result was DKK 165,416,000.
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.