OTICON A/S: Financial statements 2023
CVR: 42334219
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
OTICON A/S (CVR 42334219) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 7,825,802,000 and a net result of DKK 1,875,847,000 compared with DKK 1,370,504,000 the year before. That is an increase of 35.7% compared with the year before. The profit margin was 24%. Equity in the 2023 report amounted to DKK 5,053,847,000. The solvency ratio was 56.2%. The company had 1,518 employees in the financial year.
- Revenue
- DKK 7,825,802,000
- Gross Profit
- DKK 4,871,097,000
- Profit/Loss
- DKK 1,875,847,000
- Equity
- DKK 5,053,847,000
- Total Assets
- DKK 8,995,405,000
- Employees
- 1,518
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | 7.8 mia. | 4.9 mia. | 1.9 mia. | 5.1 mia. | 1518 |
| 2022 | 5.8 mia. | 3.7 mia. | 1.4 mia. | 4 mia. | 1466 |
| 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 |
Official annual report
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OTICON A/S has published its annual report for 2022. Revenue came to DKK 5,765,886,000, and the net result was DKK 1,370,504,000.
As of March 24, 2023, Loc A Han has joined the board of directors of OTICON A/S.
As of March 24, 2023, Anders Skjødt Hebsgaard has joined the board of directors of OTICON A/S.
As of March 24, 2023, Søren Dybdahl Dantoft has left the board of directors of OTICON A/S.
As of March 24, 2023, Pia Cecilie Kaas Sperrild has left the board of directors of OTICON A/S.
As of March 24, 2023, Anders Højsgaard Thomsen has left the board of directors 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.