OTIS AS
Score · fiscal year 2025
57of 100
How to read this: the company is ahead of 65 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 620 of 1,765 · What are Morning company classes?
Place in the whole sector: 7,369 of 20,428 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 37 and solidity 80 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
OTIS AS is 7 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 1,764 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 2.9% (median 4.5%) and equity ratio 45.1% (median 30.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 399 MNOK | 91 MNOK |
| Operating margin | 2.9% | 4.5% |
| Profit margin | 4.2% | 4.5% |
| Return on assets | 6.9% | 11.4% |
| Equity ratio | 45.1% | 30.4% |
| Debt-to-equity | 1.22 | 2.23 |
| Current ratio | 2.03 | 1.38 |
| Revenue growth | −0.2% | 6.8% |
| Revenue per employee | 2.72 MNOK | 2.53 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 57, OTIS AS does better than 65% of companies in the Morning class Medium in the same sector (1,765 companies) in 2025.
Score 2023–2025
- OTIS AS
- Median: companies in the Morning class Medium in the same sector
OTIS AS has a score of 57 for 2025, rank 7,369 of 20,428 in the sector.
Strongest: Liquidity: percentile 86 against peers, current ratio 2.03 against a median of 1.38. Solidity: percentile 80 against peers, equity ratio 45.1% against a median of 30.4%.
Weakest: Profitability: percentile 37 against peers, operating margin 2.9% against a median of 4.5%. Growth: percentile 38 against peers, revenue growth −0.2% against a median of 6.8%.
Worth a closer look
- What lies behind weak profitability, and will it last?
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
OTIS AS had an operating margin of 2.9% and an equity ratio of 45.1% in 2025, and ranks 7,369 of 20,428 in Bygg og anlegg.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 101 MNOK and 169 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 169 MNOK |
| EV/EBIT | 8.0 | 101 MNOK |
| P/B | 1.0 | 116 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.7% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 37 | weight 30% |
|---|---|---|
| Solidity | 80 | weight 25% |
| Liquidity | 86 | weight 15% |
| Growth | 38 | weight 15% |
| Consistency | 52 | weight 15% |
Durability: 54 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is OTIS AS?
The operating margin was 2.9% in 2025, against a median of 4.5% among companies in the Morning class Medium in the same sector. Return on assets was 6.9%.
How solid is OTIS AS?
The equity ratio was 45.1% in 2025 (median 30.4%). Debt-to-equity was 1.22 (median 2.23).
What is the liquidity of OTIS AS like?
The current ratio was 2.03 in 2025 (median 1.38).
How does OTIS AS compare in Bygg og anlegg?
OTIS AS ranks 7,369 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Medium it is number 620 of 1,765. Revenue changed by −0.2% from the year before.
Public contracts
- Contracts awarded since 2024
- 5
- in 4 notices (lots counted separately)
- Total awarded value since 2024
- 15.0 MNOK
- Framework agreements
- 4
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 16 June 2026 | STATSBYGG | 2026/1782 - Drift og vedlikehold av heisanlegg på eiendommer i Østfold og Follo | 6.0 MNOK (framework) |
| 13 February 2026 | Sporveien AS | Drifts- og vedlikeholdstjenester på heiser og løfteinnretninger | 15.0 MNOK |
| 2 May 2025 | Bergen kommune - Etat for bygg og eiendom | EBE 21 - 2024 Rammeavtale Heistjenester - Service og vedlikehold | 1.4 MNOK (framework) |
| 19 December 2024 | Steinkjer kommune | Rammeavtale Håndverkertjenester Steinkjer kommune | value not stated (2 lots) |
| 14 April 2023 | Oslo kommune v/ Boligbygg Oslo KF | Rammeavtale for drift og vedlikehold av heiser | 25.0 MNOK |
| 14 January 2022 | Felles innkjøpskontor for Nord-Gudbrandsdalen | Heisettersyn og service | 4.5 MNOK |
| 15 November 2021 | Øvre Romerike Innkjøpssamarbeid | Service- og vedlikeholdsavtale på heiser i kommunale bygg på Øvre Romerike | 4.0 MNOK |
| 15 April 2021 | Oslo kommune v/ Omsorgsbygg Oslo KF | Parallelle rammeavtaler på heistjenester og løfteinnretninger | 280.0 MNOK (framework) |
| 19 February 2020 | Sarpsborg kommune | Service- og vedlikeholdsavtale heiser og løfteinnretninger | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 919419105
- Legal form
- AS
- Sector
- Bygg og anlegg (43.240)
- Morning company class
- Medium
- Employees
- 147 registered 10 October 2026
- Founded
- 20 June 1973 53 years in operation
- Share capital
- 6.60 MNOK
- Business address
- Nils Hansens vei 8, 0667 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.otis.com
- LEI
- 549300QTCJCAKCHOK110 renews 14 September 2027
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chair of the board
- Muharrem Cinay
- Board member
- Markus Hansen
- Board member
- Tom Andre Lindal Lia
- Board member
- Eugenia Panait
- Board member
- Rajpal Singh
- Board member
- Perri Ishwerdas Chauhan
- Auditor
- PRICEWATERHOUSECOOPERS AS
- Accountant
- AZETS INSIGHT AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- OTIS A/S (Denmark)
- Ultimate parent
- OTIS WORLDWIDE CORPORATION (USA)
Foreign-owned according to GLEIF.
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 52 | 52 | 57 | |
| Rank | 8,672 | 9,207 | 7,369 | |
| Operating margin | 5.0% | 1.3% | 2.9% | |
| Return on assets | 9.8% | 5.1% | 6.9% | |
| Equity ratio | 39.0% | 41.4% | 45.1% | |
| Current ratio | 1.82 | 1.91 | 2.03 | |
| Revenue growth | – | 4.9% | −0.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 381.4 MNOK | 400.0 MNOK | 399.3 MNOK |
| Operating profit | 19.2 MNOK | 5.1 MNOK | 11.5 MNOK |
| Profit before tax | 19.8 MNOK | 12.3 MNOK | 16.9 MNOK |
| Net profit | 19.8 MNOK | 12.3 MNOK | 16.9 MNOK |
| Financial expenses | 2.0 MNOK | 0.0 MNOK | 0.9 MNOK |
| Total assets | 222.8 MNOK | 239.7 MNOK | 257.3 MNOK |
| Current assets | 219.6 MNOK | 237.1 MNOK | 255.7 MNOK |
| Equity | 86.9 MNOK | 99.2 MNOK | 116.1 MNOK |
| Retained earnings | −60.7 MNOK | −48.4 MNOK | −31.5 MNOK |
| Total liabilities | 135.9 MNOK | 140.4 MNOK | 141.2 MNOK |
| Current liabilities | 121.0 MNOK | 123.9 MNOK | 125.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7187315.
Further
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