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Otis A/S

Public limited companyCVR 32349110HerlevActive

Otis A/S is a public limited company, based in Herlev, active in other construction installation, founded in 1962. Net profit rose 58% from 2024 to 2025, ending at DKK 11.9m. Measured by gross profit, it ranks no. 6 of 177 companies in the industry in the database. With 182 employees, the company is about 46 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 339.3m−8.5% vs. 2024
Net profitDKK 11.9m+57.5% vs. 2024
EquityDKK 164m+402.6% vs. 2024
Employees182latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 6% (2024 → 2025), to DKK 63.5m.
  • Revenue fell 9% (2024 → 2025), to DKK 339.3m.
  • Net profit rose 58% (2024 → 2025), to DKK 11.9m.
  • Equity rose 403% (2024 → 2025), to DKK 164m.

Employees

  • 8 fewer employees than a year earlier: 182 (07/2026) against 190 (07/2025).

Management and owners, last 24 months

  • New in management: Stig Østergaard Sørensen (board member, 01/11/2024), Martin Renow Hansen (director, 15/11/2025) and Muharrem Cinay (board member, 16/01/2026).
  • Stepped down: Wesley Esther G. Steels (board member, 16/01/2026) and Muharrem Cinay (director, 07/05/2026).
  • New owners registered: Alder Paris Holdings SAS (30/06/2026).
  • No longer registered as owner: Alder Holdings SAS (30/06/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Other construction installation (432400)
  • 26/11/2024: Share capital changed from 10,000,000 DKK to 10,500,000 DKK

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 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160m202020212022202320242025
EquityNet profit
Financial figures for Otis A/S
202020212022202320242025Change
Revenuenot stated338,509375,720432,449370,904339,261−8.5%
Gross profit40,92558,56917,36752,70160,09463,528+5.7%
Operating profit (EBIT)−24914,175−51,170−11,2518,96616,252+81.3%
Profit before tax−12,58118,671−45,035−6,3038,25915,227+84.4%
Net profit−12,88915,709−33,422−4,6417,54111,877+57.5%
Total assets177,459207,257250,965255,439211,244280,433+32.8%
Equity20,49442,4618,944−3,19832,620163,952+402.6%
Liabilities154,182160,236226,380251,633168,717108,428−35.7%
Average number of employees218216217227218183−16.1%

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: 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 50mDKK 60m202020212022202320242025
Gross profitMedian, the industry (177 companies)

Annual reports

6 financial years
Annual reports for Otis A/S
Financial yearPeriodPublishedFigures forDocuments
202501/12/2024 – 30/11/202516/06/2026The companyPDF not statedXBRL
202401/12/2023 – 30/11/202402/06/2025The companyPDFXBRL
202301/12/2022 – 30/11/202317/06/2024The companyPDFXBRL
202201/12/2021 – 30/11/202230/06/2023The companyPDFXBRL
202101/12/2020 – 30/11/202116/06/2022The companyPDFXBRL
202001/12/2019 – 30/11/202019/05/2021The 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
05010015020025008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

177 companies in the database

Comparison with the other companies in other construction installation based on the latest financial year.

Gross profitDKK 63.5mNo. 6 of 177
Better than 97% of the companies in the industry
EquityDKK 164mNo. 2 of 177
Better than 99% of the companies in the industry
Number of employees182No. 4 of 177
Better than 98% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 283k, equity DKK 1.2m, 4 employees.

DKK 100kDKK 849kDKK 7.2mDKK 61.2mDKK 254.7mHere
Distribution of gross profit for 171 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. 1,323of 4,412
Better than 70%
No. 420of 4,466
Better than 91%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,230of 10,152
Better than 88%
No. 896of 10,275
Better than 91%
All companies of type A/S18,025 companies in the comparison
No. 2,355of 17,786
Better than 87%
No. 1,646of 18,024
Better than 91%

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

Other construction installation
Gross profit
  1. Otis A/SDKK 63.5m
  2. Norisol A/SDKK 519.6m
  3. Airteam A/SDKK 251.4m
Net profit
  1. Otis A/SDKK 11.9m
  2. Norisol A/SDKK 83.5m
  3. Airteam A/SDKK 55.1m
Equity
  1. Otis A/SDKK 164m
  2. Norisol A/SDKK 131.1m
  3. Airteam A/SDKK 201.9m
Employees
  1. Otis A/S182
  2. Norisol A/S769
  3. Airteam A/S262

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
  • Alder Paris Holdings SAS100%
Otis A/S

Management

7 active registrations

Executive management

Executive management at Otis A/S
NameRoleAppointed
Martin Renow HansenDirector15/11/2025

Board of directors

Board of directors at Otis A/S
NameRoleAppointed
Robert William SadlerBoard member05/04/2022
Otto SvellovBoard member22/09/2023
Rajpal SinghBoard member15/11/2023
Ales KorotvickaChair of the board19/04/2024
Stig Østergaard SørensenBoard member01/11/2024
Muharrem CinayBoard member16/01/2026
Former management (67)
Former management at Otis A/S
NameRoleAppointedResigned
Erik Dam HansenBoard member27/02/196211/04/1994
Hans Erik AndersenBoard member27/02/196211/04/1994
Carsten Ivar CarstensenBoard member27/02/196220/03/1998
Carsten Ivar CarstensenCEO27/02/196220/03/1998
Erik Arthur MortensenDeputy board member27/02/196230/05/1990
Hans Robert StormBoard member27/02/196218/04/1997
Kaj Palle RosenkildeBoard member27/02/196216/03/1999
Svend MøllerBoard member27/02/196206/06/1989
Jørgen Reinholdt NielsenBoard member27/02/196230/05/1990
Torben AndersenDeputy board member27/02/196211/04/1994
Yves Jean-Francois HechtBoard member27/02/196225/05/1988
Jacques Raoul LaloBoard member27/02/196221/01/1993
Marco BonissoneBoard member27/02/196220/03/1998
Bent HerlevsenBoard member11/04/199411/10/1995
Niels Jørgen JørgensenDeputy board member11/04/199420/03/1998
Leo Bang AndersenBoard member11/10/199503/06/2002
Finn Jeff LernøBoard member20/03/199830/04/2001
Pentti Juhani RikkinenBoard member20/03/199830/04/2001
Bruno Christian Maria GrobBoard member20/03/199824/02/2005
Claes Fredrik Sven SederholmDirector20/03/199825/01/1999
Lars Zacharias JensenBoard member20/04/199831/12/1998
Sean Anders KilpatrickBoard member31/12/199803/06/2002
Søren MolbergDirector25/01/199901/03/2000
Henrik Taubert RasmussenCEO01/03/200001/05/2003
Christian Leth NielsenDirector30/04/200131/05/2010
Josef Petrus G PaesenBoard member30/04/200122/11/2002
Claes Fredrik Sven M SederholmChair of the board30/04/200124/02/2005
Mary Dorit DelcomynDeputy board member03/06/200229/01/2009
Jørn MinkeBoard member03/06/200214/09/2004
Gert ClemensenBoard member03/06/200217/04/2013
Jean Louis Robert DillardBoard member22/11/200224/02/2005
Mohamed Abdelouhab BougheroumiBoard member22/11/200210/12/2012
Peter Flemming SørensenCEO01/05/200329/03/2006
Vagn HolmBoard member14/09/200431/12/2023
Aino Marjut OntronenBoard member24/02/200524/11/2006
Claus HomannCEO29/03/200624/11/2006
Sammy David GoeBoard member24/11/200619/10/2007
Sammy David GoeCEO24/11/200619/10/2007
Jerome Paul SpencerChair of the board24/11/200619/10/2007
Jean-Luc Robert LavenirChair of the board19/10/200710/12/2012
Riku Matti KolariBoard member19/10/200710/12/2012
Riku Matti KolariCEO19/10/200731/05/2010
Kjeld Ihler Grøndahl PedersenDeputy board member29/01/200917/04/2013
Per DrewsDeputy board member30/01/200917/04/2013
Marc Pierre André VachetteCEO31/05/201023/04/2014
Marc Pierre André VachetteBoard member10/12/201223/04/2014
Sten Henrik Ingvar NordinBoard member10/12/201231/01/2017
Jean Pierre DejouxChair of the board10/12/201223/04/2014
Thierry JaillotBoard member10/12/201201/03/2016
Carsten Bøje LarsenBoard member17/04/201330/04/2014
Arne OlsenDeputy board member17/04/201331/08/2015
Thomas HindhedeBoard member23/04/201408/05/2023
Thomas HindhedeCEO23/04/201408/05/2023
Matti Olavi KuivalainenChair of the board23/04/201415/12/2016
Torben Dahlgaard JørgensenBoard member01/05/201431/07/2019
Marc Pierre André VachetteBoard member01/03/201606/06/2017
Fazil Serdar DemirkesenBoard member14/02/201711/10/2020
Bora GülanChair of the board14/02/201730/09/2020
Alexander ReznikBoard member01/06/201801/07/2019
Jørgen Helmuth BrodersenBoard member01/08/201906/09/2022
Romain Michel TraczBoard member05/09/201930/06/2023
Fatih SacanDirector22/04/202006/07/2022
Fazil Serdar DemirkesenChair of the board12/10/202005/04/2022
Andrew Steven BiererChair of the board05/04/202219/04/2024
Emma Clare BryanBoard member05/04/202215/09/2022
Wesley Esther G. SteelsBoard member15/09/202216/01/2026
Muharrem CinayDirector08/05/202307/05/2026

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

Address and production units

2 active production units

Ellekær 9A
2730 Herlev

Herlev Municipality · Postcode 2730

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
OTIS A/SEllekær 9A, 2730 Herlev1451003037460
OTIS A/SGunnar Clausens Vej 11, 8260 Viby J381003037472

Purpose

Selskabets formål er handel og industri og dermed forbundne aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

128 registered events
20266 changesownership 2 · accounts 1 · management 3
  • Alder Paris Holdings SAS registered as owner (100%)
  • ALDER HOLDINGS SAS is no longer registered as owner
  • Annual report for 2025 published
  • Muharrem Cinay stepped down as director
  • Muharrem Cinay appointed board member
  • Wesley Esther G. Steels stepped down as board member
20253 changesmanagement 1 · accounts 1 · industry 1
  • Martin Renow Hansen appointed director
  • Annual report for 2024 published
  • Industry changed to Other construction installation (432400)
20245 changescapital 1 · management 3 · accounts 1
  • Share capital changed from 10,000,000 DKK to 10,500,000 DKK
  • Stig Østergaard Sørensen appointed board member
  • Annual report for 2023 published
  • Ales Korotvicka appointed chair of the board
  • Andrew Steven Bierer stepped down as chair of the board
20238 changesmanagement 7 · accounts 1
  • Vagn Holm stepped down as board member
  • Rajpal Singh appointed board member
  • Otto Svellov appointed board member
  • Romain Michel Tracz stepped down as board member
  • Annual report for 2022 published
  • Muharrem Cinay appointed director
  • Thomas Hindhede stepped down as ceo
  • Thomas Hindhede stepped down as board member
20229 changesmanagement 8 · accounts 1
  • Wesley Esther G. Steels appointed board member
  • Emma Clare Bryan stepped down as board member
  • Jørgen Helmuth Brodersen stepped down as board member
  • Fatih Sacan stepped down as director
  • Annual report for 2021 published
  • Andrew Steven Bierer appointed chair of the board
  • Robert William Sadler appointed board member
  • Emma Clare Bryan appointed board member
  • Fazil Serdar Demirkesen stepped down as chair of the board
20211 changeaccounts 1
  • Annual report for 2020 published
20204 changesmanagement 4
  • Fazil Serdar Demirkesen appointed chair of the board
  • Fazil Serdar Demirkesen stepped down as board member
  • Bora Gülan stepped down as chair of the board
  • Fatih Sacan appointed director
20194 changesmanagement 4
  • Romain Michel Tracz appointed board member
  • Jørgen Helmuth Brodersen appointed board member
  • Torben Dahlgaard Jørgensen stepped down as board member
  • Alexander Reznik stepped down as board member
20181 changemanagement 1
  • Alexander Reznik appointed board member
20174 changesmanagement 4
  • Marc Pierre André Vachette stepped down as board member
  • Bora Gülan appointed chair of the board
  • Fazil Serdar Demirkesen appointed board member
  • Sten Henrik Ingvar Nordin stepped down as board member
20163 changesmanagement 3
  • Matti Olavi Kuivalainen stepped down as chair of the board
  • Marc Pierre André Vachette appointed board member
  • Thierry Jaillot stepped down as board member
20151 changemanagement 1
  • Arne Olsen stepped down as deputy board member
20148 changesmanagement 8
  • Torben Dahlgaard Jørgensen appointed board member
  • Carsten Bøje Larsen stepped down as board member
  • Thomas Hindhede appointed ceo
  • Matti Olavi Kuivalainen appointed chair of the board
  • Thomas Hindhede appointed board member
  • Marc Pierre André Vachette stepped down as board member
  • Jean Pierre Dejoux stepped down as chair of the board
  • Marc Pierre André Vachette stepped down as ceo
20135 changesmanagement 5
  • Arne Olsen appointed deputy board member
  • Carsten Bøje Larsen appointed board member
  • Per Drews stepped down as deputy board member
  • Kjeld Ihler Grøndahl Pedersen stepped down as deputy board member
  • Gert Clemensen stepped down as board member
20127 changesmanagement 7
  • Marc Pierre André Vachette appointed board member
  • Thierry Jaillot appointed board member
  • Jean Pierre Dejoux appointed chair of the board
  • Sten Henrik Ingvar Nordin appointed board member
  • Riku Matti Kolari stepped down as board member
  • Jean-Luc Robert Lavenir stepped down as chair of the board
  • Mohamed Abdelouhab Bougheroumi stepped down as board member
20103 changesmanagement 3
  • Marc Pierre André Vachette appointed ceo
  • Riku Matti Kolari stepped down as ceo
  • Christian Leth Nielsen stepped down as director
20093 changesmanagement 3
  • Per Drews appointed deputy board member
  • Kjeld Ihler Grøndahl Pedersen appointed deputy board member
  • Mary Dorit Delcomyn stepped down as deputy board member
20081 changeindustry 1
  • Industry changed to Anden bygningsinstallationsvirksomhed (432900)
20076 changesmanagement 6
  • Riku Matti Kolari appointed board member
  • Riku Matti Kolari appointed ceo
  • Jean-Luc Robert Lavenir appointed chair of the board
  • Sammy David Goe stepped down as ceo
  • Sammy David Goe stepped down as board member
  • Jerome Paul Spencer stepped down as chair of the board
20067 changesmanagement 7
  • Sammy David Goe appointed ceo
  • Sammy David Goe appointed board member
  • Jerome Paul Spencer appointed chair of the board
  • Claus Homann stepped down as ceo
  • Aino Marjut Ontronen stepped down as board member
  • Claus Homann appointed ceo
  • Peter Flemming Sørensen stepped down as ceo
20054 changesmanagement 4
  • Aino Marjut Ontronen appointed board member
  • Jean Louis Robert Dillard stepped down as board member
  • Claes Fredrik Sven M Sederholm stepped down as chair of the board
  • Bruno Christian Maria Grob stepped down as board member
20042 changesmanagement 2
  • Vagn Holm appointed board member
  • Jørn Minke stepped down as board member
20032 changesmanagement 2
  • Peter Flemming Sørensen appointed ceo
  • Henrik Taubert Rasmussen stepped down as ceo
20028 changesmanagement 8
  • Jean Louis Robert Dillard appointed board member
  • Mohamed Abdelouhab Bougheroumi appointed board member
  • Josef Petrus G Paesen stepped down as board member
  • Jørn Minke appointed board member
  • Gert Clemensen appointed board member
  • Mary Dorit Delcomyn appointed deputy board member
  • Sean Anders Kilpatrick stepped down as board member
  • Leo Bang Andersen stepped down as board member
20015 changesmanagement 5
  • Josef Petrus G Paesen appointed board member
  • Claes Fredrik Sven M Sederholm appointed chair of the board
  • Christian Leth Nielsen appointed director
  • Finn Jeff Lernø stepped down as board member
  • Pentti Juhani Rikkinen stepped down as board member
20002 changesmanagement 2
  • Henrik Taubert Rasmussen appointed ceo
  • Søren Molberg stepped down as director
19992 changesmanagement 2
  • Søren Molberg appointed director
  • Claes Fredrik Sven Sederholm stepped down as director
19988 changesmanagement 8
  • Sean Anders Kilpatrick appointed board member
  • Lars Zacharias Jensen stepped down as board member
  • Lars Zacharias Jensen appointed board member
  • Finn Jeff Lernø appointed board member
  • Claes Fredrik Sven Sederholm appointed director
  • Bruno Christian Maria Grob appointed board member
  • Pentti Juhani Rikkinen appointed board member
  • Niels Jørgen Jørgensen stepped down as deputy board member
19951 changemanagement 1
  • Leo Bang Andersen appointed board member
19941 changemanagement 1
  • Niels Jørgen Jørgensen appointed deputy board member
19921 changeownership 1
  • ALDER HOLDINGS SAS registered as owner (100%)
19912 changescapital 1 · name 1
  • Share capital changed from 2,000,000 DKK to 10,000,000 DKK
  • Name changed from OTIS ELEVATOR A/S to OTIS A/S
19621 changefounded 1
  • Registered as OTIS ELEVATOR A/S

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Same people in management

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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 23/10/2026.

View in CVRReport a correction