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Oticon Denmark A/S: Financial statements 2023

CVR: 42338028

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

Oticon Denmark A/S (CVR 42338028) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 34,732,000 and a net result of DKK 1,599,000 compared with DKK 5,280,000 the year before. That is a decrease of 8% compared with the year before. Equity in the 2023 report amounted to DKK 25,838,000. The solvency ratio was 29.9%. The company had 55 employees in the financial year.

Gross Profit
DKK 34,732,000
Profit/Loss
DKK 1,599,000
Equity
DKK 25,838,000
Total Assets
DKK 86,325,000
Employees
55

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023-34.7M1.6M25.8M55
2022-37.7M5.3M24.2M54
2021-45.7M4.8M19M52
2020-43.6M4.3M14.2M-
2019-46.5M6.4M9.9M53

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Events in 2023

Oticon Denmark A/S: The 2022 annual report is outJun 30, 2023

Oticon Denmark A/S has published its annual report for 2022. Gross profit came to DKK 37,732,000, and the net result was DKK 5,280,000.

Stine Brandenhof Rifsdal joins the board of Oticon Denmark A/SApr 27, 2023

As of April 27, 2023, Stine Brandenhof Rifsdal has joined the board of directors of Oticon Denmark A/S.

Arne Boye Nielsen leaves the board of Oticon Denmark A/SApr 27, 2023

As of April 27, 2023, Arne Boye Nielsen has left the board of directors of Oticon Denmark A/S.

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.

Source: annual report 2025, Danish Business Authority