Oticon Denmark A/S: Financial statements 2020
CVR: 42338028
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Oticon Denmark A/S (CVR 42338028) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 43,620,000 and a net result of DKK 4,265,000 compared with DKK 6,369,000 the year before. That is a decrease of 6.2% compared with the year before. Equity in the 2020 report amounted to DKK 14,174,000. The solvency ratio was 22%.
- Gross Profit
- DKK 43,620,000
- Profit/Loss
- DKK 4,265,000
- Equity
- DKK 14,174,000
- Total Assets
- DKK 64,525,000
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 43.6M | 4.3M | 14.2M | - |
| 2019 | - | 46.5M | 6.4M | 9.9M | 53 |
| 2018 | - | 29M | -67K | 3.5M | 38 |
| 2017 | - | 5.6M | 2M | 3.6M | 0 |
| 2016 | - | 9.7M | 53K | 1.6M | - |
Official annual report
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Oticon Denmark A/S has published its annual report for 2019. Gross profit came to DKK 46,525,000, and the net result was DKK 6,369,000.
About Oticon Denmark A/S
Oticon Denmark A/S is a Danish company of the type Aktieselskab based in Smørum, founded in 1972. The company is registered under the industry Engroshandel med informations- og kommunikationsudstyr. The company was previously named Oticon Danmark A/S and PHONIC EAR A/S. The management consists of Karen Wibling Solgård. The board consists of Søren Nielsen (chair), René Schneider and Stine Brandenhof Rifsdal. The company is owned by Demant A/S. The company has 64 employees (2026). In 2025, the company reported a gross profit of DKK 46,764,000 and a net result of DKK 8,048,000 compared with DKK 6,134,000 the year before. Equity in the 2025 report amounted to DKK 102,572,000.