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Oticon Denmark A/S

Public limited companyCVR 42338028SmørumActive

Oticon Denmark A/S is a public limited company, based in Smørum, active in wholesale of information and communication equipment, founded in 1972. Net profit fell 100% from 2024 to 2025, ending at DKK 8,048. Operations are spread over 3 production units in 3 towns. With 64 employees, the company is about 13 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 46,764−99.9% vs. 2024
Net profitDKK 8,048−99.9% vs. 2024
EquityDKK 103k−99.7% vs. 2024
Employees64latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 100% (2024 → 2025), to DKK 46,764.
  • Net profit fell 100% (2024 → 2025), to DKK 8,048.
  • Equity fell 100% (2024 → 2025), to DKK 103k.

Employees

  • 3 more employees than a year earlier: 64 (07/2026) against 61 (07/2025).

Registrations, last 24 months

  • 30/06/2025: Merger registered in CVR
  • 30/06/2025: Share capital changed from 1,000,000 DKK to 1,005,000 DKK
  • 01/01/2025: Industry changed to Wholesale of information and communication equipment (465000)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
EquityNet profit
Financial figures for Oticon Denmark A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit43,62045,69737,73234,73242,50847−99.9%
Operating profit (EBIT)5,8506,7595,4432,4668,96012−99.9%
Profit before tax5,7456,4307,0922,3088,12211−99.9%
Net profit4,2654,7845,2801,5996,1348−99.9%
Total assets64,52566,75395,56086,32583,926172−99.8%
Equity14,17518,95924,23925,83831,972103−99.7%
Liabilities42,76738,64762,33752,16542,21959−99.9%
Cash and cash equivalents0––29760−99.9%
Average number of employees52525455550−100%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
Gross profitMedian, the industry (543 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 100% from 2024 to 2025 (DKK 32m to DKK 103k).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Fewer employees

    The number of employees fell 100% from 55 in 2024 to 0 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Oticon Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202504/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202408/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202302/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202109/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202017/06/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
01020304050607008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

543 companies in the database

Comparison with the other companies in wholesale of information and communication equipment based on the latest financial year.

Gross profitDKK 46,764No. 519 of 542
Better than 4% of the companies in the industry
EquityDKK 103kNo. 486 of 543
Better than 11% of the companies in the industry
Number of employees64No. 512 of 543
Better than 6% of the companies in the industry

Industry median: gross profit DKK 5.3m, net profit DKK 594k, equity DKK 3.9m, 5 employees.

DKK 100kDKK 1mDKK 10.9mDKK 114.3mDKK 546.2m
Distribution of gross profit for 522 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 50–199 employees4,467 companies in the comparison
No. 4,316of 4,412
Better than 2%
No. 4,186of 4,466
Better than 6%
Same industry and 50–199 employees46 companies in the comparison
No. 45of 45
Better than 0%
No. 45of 46
Better than 2%
Companies that are at least 30 years old10,276 companies in the comparison
No. 9,278of 10,152
Better than 9%
No. 9,809of 10,275
Better than 5%
All companies of type A/S18,025 companies in the comparison
No. 16,520of 17,786
Better than 7%
No. 17,056of 18,024
Better than 5%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Wholesale of information and communication equipment
Gross profit
  1. Oticon Denmark A/SDKK 46,764
  2. Atea A/SDKK 1.2bn
  3. Siemens AktieselskabDKK 448.5m
Net profit
  1. Oticon Denmark A/SDKK 8,048
  2. Atea A/SDKK 2.2m
  3. Siemens AktieselskabDKK 93.5m
Equity
  1. Oticon Denmark A/SDKK 103k
  2. Atea A/SDKK 694.3m
  3. Siemens AktieselskabDKK 279.7m
Employees
  1. Oticon Denmark A/S64
  2. Atea A/S1,550
  3. Siemens Aktieselskab640

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
Oticon Denmark A/S

Management

4 active registrations

Executive management

Executive management at Oticon Denmark A/S
NameRoleAppointed
Karen Wibling SolgårdDirector29/05/2009

Board of directors

Board of directors at Oticon Denmark A/S
NameRoleAppointed
Søren NielsenChair of the board03/05/2017
René SchneiderBoard member03/05/2017
Stine Brandenhof RifsdalBoard member27/04/2023
Former management (24)
Former management at Oticon Denmark A/S
NameRoleAppointedResigned
Peter Roland HansenDirector26/05/197219/05/1992
Henning Mønsted SørensenBoard member26/05/197226/09/1988
Henning Mønsted SørensenDirector26/05/197201/05/1989
Bent Johan SimonsenBoard member26/05/197226/09/1988
Bengt DanielsenBoard member26/05/197226/09/1988
Lars KolindBoard member26/05/197215/04/1998
Palle RasmussenBoard member26/05/197201/05/1989
Christian StangegaardBoard member26/05/197220/03/1995
Peter Steen HansenDirector26/05/197223/02/1989
Ole Bøgeskov-JensenBoard member26/05/197231/05/1991
Poul Erik LyregaardBoard member26/05/197201/05/1989
Leif SørensenBoard member26/05/197219/05/1992
Tommy HornDirector26/05/197231/03/2002
Niels-Jørgen ToxværdBoard member20/03/199505/02/1996
Søren HolstBoard member05/02/199615/05/1997
Torben Lindø HansenBoard member05/02/199615/05/1997
Jes OlsenBoard member15/05/199710/05/1999
Svend Børge Foged ThomsenBoard member15/04/199803/05/2017
Mikael WorningBoard member10/05/199915/05/2001
Per Kokholm SørensenBoard member15/05/200129/05/2009
Svend Børge Foged ThomsenCEO15/05/200201/07/2004
Arne Boye NielsenDirector01/07/200429/05/2009
Niels JacobsenChair of the board29/05/200803/05/2017
Arne Boye NielsenBoard member29/05/200927/04/2023

Signing rule: Selskabet tegnes af bestyrelsens formand alene, af to bestyrelsesmedlemmer i forening, af et bestyrelsesmedlem i forening med en direktør, af to direktører i forening eller af den samlede bestyrelse.

Address and production units

3 active production units

Kongebakken 9
2765 Smørum

Egedal Municipality · Postcode 2765

Other companies at the address (6)

Production units
Production unitAddressEmployeesP number
Oticon Denmark A/S - SnedstedSundbyvej 19, 1, 7752 Snedsted351024014157
Oticon Denmark A/SIndustriparken 27, 2750 Ballerup11024599090
Oticon Denmark A/SKongebakken 9, 2765 Smørum01003068800

Purpose

Selskabets formål er produktion og salg af høreapparater, høretekniske hjælpemidler og udstyr, audiologiske instrumenter samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

76 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20254 changescapital 1 · merger 1 · accounts 1 · industry 1
  • Share capital changed from 1,000,000 DKK to 1,005,000 DKK
  • Merger registered in CVR
  • Annual report for 2024 published
  • Industry changed to Wholesale of information and communication equipment (465000)
20242 changesaddress 1 · accounts 1
  • Moved to Kongebakken 9, 2765 Smørum
  • Annual report for 2023 published
20233 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Stine Brandenhof Rifsdal appointed board member
  • Arne Boye Nielsen stepped down as board member
20222 changesaddress 1 · accounts 1
  • Moved to Kongebakken 9, 2765 Smørum
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20183 changesname 3
  • Name changed from Oticon Danmark A/S to Oticon Denmark A/S
  • Name changed from Oticon Denmark A/S to Oticon Danmark A/S
  • Name changed from PHONIC EAR A/S to Oticon Denmark A/S
20174 changesmanagement 4
  • René Schneider appointed board member
  • Søren Nielsen appointed chair of the board
  • Niels Jacobsen stepped down as chair of the board
  • Svend Børge Foged Thomsen stepped down as board member
20094 changesmanagement 4
  • Karen Wibling Solgård appointed director
  • Arne Boye Nielsen appointed board member
  • Arne Boye Nielsen stepped down as director
  • Per Kokholm Sørensen stepped down as board member
20082 changesmanagement 1 · industry 1
  • Niels Jacobsen appointed chair of the board
  • Industry changed to Engroshandel med telekommunikationsudstyr (465220)
20071 changeaddress 1
  • Moved to Kongebakken 9, 2765 Smørum
20051 changeaddress 1
  • Moved to Kongebakken 9, 2765 Smørum
20043 changesname 1 · management 2
  • Name changed from PHONICEAR LOGIA A/S to PHONIC EAR A/S
  • Arne Boye Nielsen appointed director
  • Svend Børge Foged Thomsen stepped down as ceo
20024 changesname 1 · address 1 · management 2
  • Name changed from LOGIA A/S to PHONICEAR LOGIA A/S
  • Moved to Strandvejen 58, 2900 Hellerup
  • Svend Børge Foged Thomsen appointed ceo
  • Tommy Horn stepped down as director
20012 changesmanagement 2
  • Per Kokholm Sørensen appointed board member
  • Mikael Worning stepped down as board member
19992 changesmanagement 2
  • Mikael Worning appointed board member
  • Jes Olsen stepped down as board member
19983 changesname 1 · management 2
  • Name changed from OTICON LYDSYSTEMER A/S to LOGIA A/S
  • Svend Børge Foged Thomsen appointed board member
  • Lars Kolind stepped down as board member
19973 changesmanagement 3
  • Jes Olsen appointed board member
  • Søren Holst stepped down as board member
  • Torben Lindø Hansen stepped down as board member
19963 changesmanagement 3
  • Søren Holst appointed board member
  • Torben Lindø Hansen appointed board member
  • Niels-Jørgen Toxværd stepped down as board member
19952 changesmanagement 2
  • Niels-Jørgen Toxværd appointed board member
  • Christian Stangegaard stepped down as board member
19922 changesmanagement 2
  • Leif Sørensen stepped down as board member
  • Peter Roland Hansen stepped down as director
19911 changemanagement 1
  • Ole Bøgeskov-Jensen stepped down as board member
19896 changesownership 1 · name 1 · management 4
  • Demant A/S registered as owner (100%)
  • Name changed from OTICON (DANMARK) A/S to OTICON LYDSYSTEMER A/S
  • Poul Erik Lyregaard stepped down as board member
  • Palle Rasmussen stepped down as board member
  • Henning Mønsted Sørensen stepped down as director
  • Peter Steen Hansen stepped down as director
19883 changesmanagement 3
  • Henning Mønsted Sørensen stepped down as board member
  • Bengt Danielsen stepped down as board member
  • Bent Johan Simonsen stepped down as board member
197214 changesfounded 1 · management 13
  • Registered as OTICON (DANMARK) A/S
  • Henning Mønsted Sørensen appointed board member
  • Tommy Horn appointed director
  • Leif Sørensen appointed board member
  • Poul Erik Lyregaard appointed board member
  • Ole Bøgeskov-Jensen appointed board member
  • Peter Steen Hansen appointed director
  • Peter Roland Hansen appointed director
  • Palle Rasmussen appointed board member
  • Lars Kolind appointed board member
  • Bengt Danielsen appointed board member
  • Bent Johan Simonsen appointed board member
  • Henning Mønsted Sørensen appointed director
  • Christian Stangegaard appointed board member

Related companies

Same industry in Egedal

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Same people in management

Largest in the industry

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Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVRReport a correction