Demant A/S: Financial statements 2020
CVR: 71186911
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Demant A/S (CVR 71186911) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 14,469,000,000 and a net result of DKK 1,134,000,000 compared with DKK 1,467,000,000 the year before. That is a decrease of 3.2% compared with the year before. The profit margin was 7.8%. Equity in the 2020 report amounted to DKK 8,279,000,000. The solvency ratio was 37.8%. The company had 16,155 employees in the financial year.
- Revenue
- DKK 14,469,000,000
- Gross Profit
- DKK 10,193,000,000
- Profit/Loss
- DKK 1,134,000,000
- Equity
- DKK 8,279,000,000
- Total Assets
- DKK 21,927,000,000
- Employees
- 16,155
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 14.5 mia. | 10.2 mia. | 1.1 mia. | 8.3 mia. | 16155 |
| 2019 | 14.9 mia. | 11.3 mia. | 1.5 mia. | 7.6 mia. | - |
| 2018 | 13.9 mia. | 10.8 mia. | 1.8 mia. | 7.1 mia. | - |
| 2017 | 13.2 mia. | 10 mia. | 1.8 mia. | 7.4 mia. | - |
| 2016 | 12 mia. | 9 mia. | 1.5 mia. | 7 mia. | - |
Official annual report
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Read about the CDS scoreEvents in 2020
Demant A/S has published its interim report for the period January 1, 2020 – June 30, 2020.
Demant A/S has published its annual report for 2019. Revenue came to DKK 14,946,000,000, and the net result was DKK 1,467,000,000.
As of March 10, 2020, Anja Dyrum Madsen has joined the board of directors of Demant A/S.
As of March 10, 2020, Peter Alexander Foss has left the board of directors of Demant A/S.
About Demant A/S
Demant A/S is a Danish company of the type Aktieselskab based in Smørum, founded in 1983. The company is registered under the industry Ikke-finansielle hovedsæders aktiviteter. The company was previously named WILLIAM DEMANT HOLDING A/S and OTICON HOLDING A/S. The management consists of Søren Nielsen, Niels Wagner and René Schneider. The board consists of Kristian Villumsen (chair), Niels Jacobsen, Anders Højsgaard Thomsen and Heidir Hørby. The company is owned by WILLIAM DEMANT INVEST A/S and William Demant Fonden. The company has 58 employees (2026). In 2025, the company reported revenue of DKK 22,971,000,000 and a net result of DKK 1,544,000,000 compared with DKK 2,388,000,000 the year before. Equity in the 2025 report amounted to DKK 9,919,000,000.