Assets
| Type | Time | Amount | Unit |
|---|---|---|---|
| ifrs-full:Assets | 2021-12-31 | 24860000000 | dkk |
| ifrs-full:Assets | 2020-12-31 | 21927000000 | dkk |
Revenue
| Type | Start date | End date | Amount | Unit |
|---|---|---|---|---|
| ifrs-full:Revenue | 2021-01-01 | 2021-12-31 | 18388000000 | dkk |
| ifrs-full:Revenue | 2020-01-01 | 2020-12-31 | 14469000000 | dkk |
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<mrv:StatementOfTheDiversityPolicies contextRef="ctx-1" id="pp-value-1" xml:lang="en">To guide our work and form the basis for a new policy and target-setting for diversity, equity and inclusion (DE&I), we launched a global DE&I position, which identi-fies initial activities and focus ar-eas for the policy and programme work ahead. The work includes the development of a DE&I base-line check, DE&I leadership train-ing and initiatives to increase the number of female managers in senior management. </mrv:StatementOfTheDiversityPolicies>
<mrv:StatementOfPolicyForDataEthics contextRef="ctx-1" id="pp-value-14" xml:lang="en">Our new Data Ethics Policy adds an extra layer of protection to î§îîî®î î¥î¡îîîî®î¥î®îîîî¿îî®îîîî
î«îîîby going beyond legal requirements and comprising all types of data î ¶ beyond personal data. The Data Ethics Policy applies glob-ally, and it is mandatory for management and employees in the companies belonging to the Demant Group to comply with the policy.</mrv:StatementOfPolicyForDataEthics>
<mrv:StatementOfCorporateSocialResponsibility contextRef="ctx-1" id="pp-value-26" xml:lang="en">In the context of our annual reporting, Demant publishes a sepa-rate Sustainability Rîîî«îî¥îî¥îºî®î¥îîîîîîîîî®îîî§îîî®î î¥î¡îîî î«îîîî î¿îî®î¥î¿î«î îon Progress report to the United Nations Global Compact and as the statutory report to be presented under sections 99a, 99b, 99d and 107d of the Danish Financial Statements Act. It also includes the disclosure requirements of the EU taxonomy for sustainable activities. </mrv:StatementOfCorporateSocialResponsibility>
<mrv:CorporateGovernanceReport contextRef="ctx-1" id="pp-value-33" xml:lang="en">Recommendations issued by the Danish Committee on Corporate Governance and adopted by Nasdaq Copenhagen are best-practice guidelines for the governance of companies admitted to trading on a regu-lated market in Denmark. When reviewing our corporate governance structures, we determine the extent to which the company complies with the recommendations and regularly assess whether the recommen-dations give rise to amendments to our rules of procedure or managerial processes. When reporting on corporate governance, î
îîî²î«îîî«î
îî¥îºîîî¡îî«îîîîîî«îîîîîîî®î¿î î¡îîîî¿î îî¿îîîî ¦îDemant follows 37 of the 40 recommen-dations. The few cases (three) where we have chosen to deviate from a recommen-dation are well-founded, and we explain what we do instead. To further increase transparency, we provide supplementary and relevant information, even when we follow the recommendations. </mrv:CorporateGovernanceReport>
<mrv:StatementOfTargetFiguresAndPoliciesForTheUnderrepresentedGender contextRef="ctx-1" id="pp-value-55" xml:lang="en">Since 2012, Demant has had a diversity policy and has taken specific initiatives aimed at ensuring gender equality. The age, gender, nationality, education and competencies of the members of our Board of Directors are listed in the Annual Report. At the annual general meeting in March 2020, the Board of Directors reached its target to have at least two female mem-bers before the end of 2020, and with 40% female members and 60% male members, we have an even gender distribution amongst the Board members elected by the shareholders. </mrv:StatementOfTargetFiguresAndPoliciesForTheUnderrepresentedGender>
<sob:StatementByExecutiveAndSupervisoryBoards contextRef="ctx-1" id="pp-value-71" xml:lang="en">The Board of Directors and Executive Board have today reviewed and approved the Annual Report 2021 of Demant A/S for the financial year 1 January to 31 Decem-ber 2021. The consolidated financial statements are prepared and presented in accordance with International Financial Reporting Standards as adopted by the EU and addi-tional requirements in the Danish Financial Statements Act. The Parent financial statements are prepared and in accordance with the Danish Financial Statements Act. Further, the Annual Re-port 2021 has been prepared in accord-ance with Danish disclosure requirements for listed companies. In our opinion, the consolidated financial statements and the Parent financial state-ments give a true and fair presentation of î¥îºîîîîî«îîî¡îîî®î îîî¥îºîîî¡î®îîî î¥î¡îîî®îîîts, liabili-ties and financial position at 31 December î¨î¦î¨î§î ¡îî«î²îî¥îºîîîîîîîî¥îîî«î²îî¥îºîîîîî«îîî¡îîî®î îîî¥îºîîî¡î®îîî î¥î¡îîî«îîîî®î¥î¿î«î îîî®î îîî«î²îî¥îºîîîîî«îîî¡îîcash flows for the financial year 1 January to 31 December 2021. îî îî«îîîî«îî¿î î¿î«î î ¡îî±î®î î®î³îîîî î¥î¡îîîî«îîîî î¥î®îîîincludes a true and fair view of the devel-opment in the operations and financial cir-cumstances of the Group and the Parent, of the results for the year and of the finan-cial position of the Group and the Parent as well as a description of the most signifi-cant risks and uncertainties facing the Group and the Parent. In our opinion, the Annual Report 2021 for Demant A/S with the file name DEMANT-2021-12-31-en.zip for the financial year 1 January to 31 December 2021 for the Group and the Parent is prepared in com-pliance with the ESEF regulation. </sob:StatementByExecutiveAndSupervisoryBoards>
<sob:PlaceOfSignatureOfStatement contextRef="ctx-1" id="pp-value-113" xml:lang="en">Smørum,</sob:PlaceOfSignatureOfStatement>
<sob:DateOfApprovalOfAnnualReport contextRef="ctx-1" id="pp-value-114" xml:lang="en">2022-02-08</sob:DateOfApprovalOfAnnualReport>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx-42" id="pp-value-115" xml:lang="en">Søren Nielsen,</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx-42" id="pp-value-116" xml:lang="en"> President & CEO </cmn:TitleOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx-43" id="pp-value-117" xml:lang="en">René Schneider, </cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx-43" id="pp-value-118" xml:lang="en">CFO </cmn:TitleOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-44" id="pp-value-119" xml:lang="en">Niels B. Christiansen, </cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx-44" id="pp-value-120" xml:lang="en"> Chairman </cmn:TitleOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-45" id="pp-value-121" xml:lang="en">Niels Jacobsen, </cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx-45" xml:lang="en">Deputy Chairman </cmn:TitleOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-46" xml:lang="en">Thomas Duer </cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-47" xml:lang="en">Casper Jensen </cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-48" xml:lang="en">Anja Madsen </cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-49" xml:lang="en">Jørgen Møller Nielsen </cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-50" xml:lang="en">Sisse Fjelsted Rasmussen </cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-51" xml:lang="en">Kristian Villumsen </cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements contextRef="ctx-1" id="pp-value-129" xml:lang="en">To the shareholders of Demant A/S </arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements>
<arr:OpinionOnAuditedFinancialStatements contextRef="ctx-1" id="pp-value-131" xml:lang="en">Opinion We have audited the consolidated finan-cial statements and the Parent financial statements of Demant A/S for the financial year 1 January 2021 to 31 December 2021, which comprise the income state-ment, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies, for the Group as well as the Parent, and the statement of comprehensive income and the cash flow statement of the Group. The consolidated financial statements are pre-pared in accordance with International Fi-nancial Reporting Standards as adopted by the EU and additional requirements of the Danish Financial Statements Act, and the Parent financial statements are pre-pared in accordance with the Danish Fi-nancial Statements Act. In our opinion, the consolidated financial statements give a true and fair view of the îîî«îîî¡îîî²î¿î î®î îî¿î®îîîî«îî¿î¥î¿î«î îî®îîî«î²îî©î§îî§îîîîî ¹ber 2021 and of the results of its opera-tions and cash flows for the financial year 1 January 2021 to 31 December 2021 in accordance with International Financial Reporting Standards as adopted by the EU and additional requirements under the Danish Financial Statements Act. Further, in our opinion, the Parent financial statements give a true and fair view of the î¡î®îîî î¥î¡îîî²î¿î î®î îî¿î®îîîî«îî¿î¥î¿î«î îî®îîî«î²îî©î§îî§îîîîî ¹ber 2021 and of the results of its opera-tions for the financial year 1 January 2021 to 31 December 2021 in accordance with the Danish Financial Statements Act. Our opinion is consistent with our audit book comments issued to the audit com-mittee and the Board of Directors. </arr:OpinionOnAuditedFinancialStatements>
<arr:DescriptionOfQualificationsOfAuditedFinancialStatements contextRef="ctx-1" id="pp-value-171" xml:lang="en">Basis for opinion We conducted our audit in accordance with International Standards on Auditing (ISAs) and the additional requirements ap-plicable in Denmark. Our responsibilities under those standards and requirements î®îîîî²îîî¥îºîîîîîîîîî¿îîîîî¿î îî¥îºîîîîîî¿î¥î«îî¡îîîîî ¹sponsibilities for the audit of the consoli-dated financial statements and the Parent financial statements section of this audi-î¥î«îî¡îîîîîî«îî¥î ¦îîîîî®îîîî¿î îîîîî îîî î¥îî«î²îî¥îºîîGroup in accordance with the International î¯î¥îºî¿îîîî¬î¥î®î îî®îîîîîî«î®îîîî²î«îîîîîî«îî î¥î®î î¥îî¡îInternational Code of Ethics for Profes-sional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appro-priate to provide a basis for our opinion. To the best of our knowledge and belief, we have not provided any prohibited non-audit services as referred to in Article 5(1) of Regulation (EU) No 537/2014. After Demant A/S was listed on Nasdaq OMX Copenhagen, we were appointed au-ditors for the first time on 29 April 1996 for the financial year 1996. We have been re-appointed annually by decision of the gen-eral meeting for a total contiguous en-gagement period of 25 years up to and in-cluding the financial year 2021. </arr:DescriptionOfQualificationsOfAuditedFinancialStatements>
<arr:KeyAuditMattersAudit contextRef="ctx-1" id="pp-value-205" xml:lang="en">Key audit matters Key audit matters are those matters that, in our professional judgement, were of most significance in our audit of the con-solidated financial statements and the Parent financial statements for the finan-cial year 1 January 2021 to 31 December 2021. These matters were addressed in the context of our audit of the consolidated financial statements and the Parent finn-cial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. Accounting for business combinations Refer to Note 6.1 in the consolidated finan-cial statements. The allocation of the purchase price in business combinations to other intangible assets acquired relies on assumptions and judgements made by Management. Man-agement has performed fair value calcula-tions, which include judgements and esti-mates, including the future cash flow an-ticipated from the acquired customer base and the discount rate applied. We have tested internal controls that ad-dress the accounting for business combi-nations and tested the reasonableness of the key assumptions, including market po-î¥îî î¥î¿î®îî ¡îîîîîî îîîî®î îîîî®îîºîîî«î
îî³îî«î
î¥îºîî®î îîdiscount rates. We assessed and chal-îîî î³îîîî±î®î î®î³îîîî î¥î¡îîî®îîîîîî¥î¿î«î îîîîîîîin its fair value models for identifying and measuring customer bases and for other intangible assets, including: ⢠Discussed the future cash flow projec-tions with Management and key em-ployees. ⢠Consulted with subject matter experts regarding the valuation methodologies applied. ⢠Tested the valuation model, including mathematical accuracy, and obtained supporting evidence for future cash flow projections, estimates and key as-sumptions, including the applied dis-count rate. ⢠Considered the impact of reasonably possible changes in key assumptions and performed sensitivity calculations to quantify the impact of potential îî«î
î îî¿îîîîîºî®î î³îîîî¥î«îî±î®î î®î³îîîî î¥î¡îîmodels. ⢠Assessed the adequacy and appropri-ateness of disclosures in the notes and compliance with the requirements of IFRS 3. </arr:KeyAuditMattersAudit>
<arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements contextRef="ctx-1" id="pp-value-263" xml:lang="en">Statement on the Management commentary Management is responsible for the Man-agement commentary. Our opinion on the consolidated financial statements and the Parent financial state-ments does not cover the Management commentary, and we do not express any form of assurance conclusion thereon. In connection with our audit of the consoli-dated financial statements and the Parent financial statements, our responsibility is to read the Management commentary and, in doing so, consider whether the Manage-ment commentary is materially incon-sistent with the consolidated financial statements and the Parent financial state-ments or our knowledge obtained in the audit or otherwise appears to be materi-ally misstated. Moreover, it is our responsibility to con-sider whether the Management commen-tary provides the information required un-der the Danish Financial Statements Act. Based on the work we have performed, we conclude that the Management commen-tary is in accordance with the consolidated financial statements and the Parent finan-cial statements and has been prepared in accordance with the requirements of the Danish Financial Statements Act. We did not identify any material misstatement of the Management commentary. </arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements>
<arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements contextRef="ctx-1" id="pp-value-296" xml:lang="en">Managementâs responsibilities for the consolidated financial statements and the Parent financial statements Management is responsible for the prepa-ration of consolidated financial statements that give a true and fair view in accord-ance with International Financial Report-ing Standards as adopted by the EU and additional requirements of the Danish Fi-nancial Statements Act as well as the preparation of Parent financial statements that give a true and fair view in accord-ance with the Danish Financial Statements Act and for such internal control as Man-agement determines is necessary to ena-ble the preparation of consolidated finan-cial statements and Parent financial state-ments that are free from material mis-statement, whether due to fraud or error. In preparing the consolidated financial statements and the Parent financial state-ments, Management is responsible for as-îîîîî¿î î³îî¥îºîîîîî«îîî¡îîî®î îîî¥îºîîî¡î®îîî î¥î¡îîî®îî¿îî ¹ity to continue as a going concern, for dis-closing, as applicable, matters related to going concern and for using the going con-cern basis of accounting in preparing the consolidated financial statements and the Parent financial statements, unless Man-agement either intends to liquidate the Group or the entity or to cease operations or has no realistic alternative but to do so. </arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements>
<arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed contextRef="ctx-1" id="pp-value-329" xml:lang="en">Auditorâs responsibilities for the audit of the consolidated financial statements and the Parent financial statements Our objectives are to obtain reasonable assurance about whether the consolidated financial statements and the Parent finan-cial statements as a whole are free from material misstatement, whether due to î²îî®îîîî«îîîîîî«îî ¡îî®î îîî¥î«îî¿îîîîîî®î îî®îîî¿î¥î«îî¡îîîîî ¹port that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered ma-terial if, individually or in the aggregate, they could reasonably be expected to in-fluence the economic decisions of users taken on the basis of these consolidated fi-nancial statements and these Parent fi-nancial statements. As part of an audit conducted in accord-ance with ISAs and the additional require-ments applicable in Denmark, we exercise professional judgement and maintain pro-fessional scepticism throughout the audit. We also: ⢠Identify and assess the risks of material misstatement of the consolidated finan-cial statements and the Parent financial statements, whether due to fraud or er-ror, design and perform audit proce-dures responsive to those risks, and ob-tain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collu-sion, forgery, intentional omissions, mis-representations or the override of inter-nal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the îîî«îîî¡îîî®î îîî¥îºîîî¡î®îîî î¥î¡îîî¿î î¥îîî î®îîîî«î î ¹trol. ⢠Evaluate the appropriateness of ac-counting policies used and the reasona-bleness of accounting estimates and re-lated disclosures made by Manage-ment. ⢠Conclude on the appropriateness of î±î®î î®î³îîîî î¥î¡îîîîîîî«î²îî¥îºîîî³î«î¿î î³îîî«î îîîî îbasis of accounting in preparing the consolidated financial statements and the Parent financial statements, and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may îî®îî¥îîî¿î³î î¿î²î¿îî®î î¥îîî«îîî¥îî«î îî¥îºîîîîî«îîî¡îîî®î îîî¥îºîîî¡î®îîî î¥î¡îîî®îî¿îî¿î¥îîî¥î«îîî«î î¥î¿î îîîî®îîî®îgoing concern. If we conclude that a material uncertainty exists, we are re-quired to draw attention in our auditoîî¡îîreport to the related disclosures in the consolidated financial statements and the Parent financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our î®îîî¿î¥î«îî¡îîîîîî«îî¥î ¦îHowever, future events or conditions may cause the Group and the entity to cease to continue as a going concern. ⢠Evaluate the overall presentation, struc-ture and content of the consolidated fi-nancial statements and the Parent fi-nancial statements, including the disclo-sures in the notes, and whether the con-solidated financial statements and theParent financial statements representthe underlying transactions and eventsin a manner that gives a true and fairview.⢠Obtain sufficient appropriate audit evi-dence regarding the financial infor-mation of the entities or business activi-ties within the Group to express anopinion on the consolidated financialstatements. We are responsible for thedirection, supervision and performanceof the Group audit. We remain solely re-sponsible for our audit opinion.We communicate with those charged with governance regarding, among other mat-ters, the planned scope and timing of the audit and significant audit findings, includ-ing any significant deficiencies in internal control that we identify during our audit. We also provide those charged with gov-ernance with a statement that we have complied with relevant ethical require-ments regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and, where applicable, safeguards put in place and measures taken to eliminate threats. From the matters communicated with those charged with governance, we deter-mine those matters that were of most sig-nificance in the audit of the consolidated financial statements and the Parent finan-cial statements of the current period and are therefore the key audit matters. We îîîîîî¿îîîî¥îºîîîîîî®î¥î¥îîîîî¿î îî«îîîî®îîî¿î¥î«îî¡îîîîî ¹port unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communi-cation. </arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed>
<arr:AuditorsReportOnXbrlTagging contextRef="ctx-1" id="pp-value-461" xml:lang="en">Report on compliance with the ESEF Regulation As part of our audit of the consolidated fi-nancial statements and the Parent finan-cial statements of Demant A/S, we per-formed procedures to express an opinion on whether the Annual Report of Demant A/S for the financial year 1 January 2021 to 31 December 2021 with the file name DEMANT-2021-12-31-en.zip is prepared, in all material respects, in compliance with the Commission Delegated Regulation (EU) 2019/815 on the European Single Electronic Format (ESEF Regulation), which includes requirements related to the prep-aration of the annual report in XHTML for-mat and iXBRL tagging of the consoli-dated financial statements. Management is responsible for preparing an annual report that complies with the ESEF Regulation. This responsibility in-cludes: ⢠The preparing of the annual report inXHTML format;⢠The selection and application of appro-priate iXBRL tags, including extensionsto the ESEF taxonomy and the anchor-ing thereof to elements in the taxonomy,for financial information required to betagged using judgement where neces-sary;⢠Ensuring consistency between iXBRLtagged data and the consolidated fi-nancial statements presented in humanreadable format; and⢠For such internal control as Manage-ment determines necessary to enablethe preparation of an annual report thatis compliant with the ESEF Regulation.Our responsibility is to obtain reasonable assurance on whether the annual report is prepared, in all material respects, in com-pliance with the ESEF Regulation based on the evidence we have obtained and to is-sue a report that includes our opinion. The nature, timing and extent of procedures îîîîîî¥îîîîîîîî îîî«î îî¥îºîîî®îîî¿î¥î«îî¡îîîîîî³îî ¹ment, including the assessment of the risks of material departures from the require-ments set out in the ESEF Regulation, whether due to fraud or error. The proce-dures include: ⢠Testing whether the annual report isprepared in XHTML format;⢠Obtaining an understanding of the com-îî®î îî¡îîî¿îîî¤î§îî¥î®î³î³î¿î î³îîîî«îîîîîî®î îîî«î²îî¿î î ¹ternal control over the tagging process;⢠Evaluating the completeness of theiXBRL tagging of the consolidated fi-nancial statements;⢠Evaluating the appropriateness of theîî«îîî®î îî¡îîîîîîî«î²îî¿îîî¤î§îîîîîîî î¥îîîîî ¹lected from the ESEF taxonomy and thecreation of extension elements where no suitable element in the ESEF taxon-omy has been identified; ⢠Evaluating the use of anchoring of ex-tension elements to elements in theESEF taxonomy; and⢠Reconciling the iXBRL tagged data withthe audited consolidated financialstatements.In our opinion, the Annual Report of De-mant A/S for the financial year 1 January 2021 to 31 December 2021 with the file name DEMANT-2021-12-31-en.zip is pre-pared in all material respects, in compli-ance with the ESEF Regulation. </arr:AuditorsReportOnXbrlTagging>
<arr:SignatureOfAuditorsPlace contextRef="ctx-1" id="pp-value-540" xml:lang="en">Copenhagen,</arr:SignatureOfAuditorsPlace>
<arr:SignatureOfAuditorsDate contextRef="ctx-1" id="pp-value-541" xml:lang="en">2022-02-08</arr:SignatureOfAuditorsDate>
<cmn:NameOfAuditFirm contextRef="ctx-4" xml:lang="en">Deloitte </cmn:NameOfAuditFirm>
<cmn:NameOfAuditFirm contextRef="ctx-4" xml:lang="en">Statsautoriseret Revisionspartnerselskab </cmn:NameOfAuditFirm>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx-4" id="pp-value-544" xml:lang="en">33963556</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameAndSurnameOfAuditor contextRef="ctx-4" xml:lang="en">Anders Vad Dons </cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx-4" xml:lang="en">State-Authorised </cmn:DescriptionOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx-4" xml:lang="en">Public Accountant </cmn:DescriptionOfAuditor>
<cmn:NameAndSurnameOfAuditor contextRef="ctx-5" xml:lang="en">KÃ¥re Kansonen Valtersdorf </cmn:NameAndSurnameOfAuditor>
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<cmn:DescriptionOfAuditor contextRef="ctx-5" xml:lang="en">Public Accountant </cmn:DescriptionOfAuditor>
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<gsd:ReportingPeriodStartDate contextRef="ctx-1" xml:lang="en">2021-01-01</gsd:ReportingPeriodStartDate>
<gsd:ReportingPeriodEndDate contextRef="ctx-1" xml:lang="en">2021-12-31</gsd:ReportingPeriodEndDate>
<gsd:PrecedingReportingPeriodStartDate contextRef="ctx-1" xml:lang="en">2020-01-01</gsd:PrecedingReportingPeriodStartDate>
<gsd:PredingReportingPeriodEndDate contextRef="ctx-1" xml:lang="en">2020-12-31</gsd:PredingReportingPeriodEndDate>
<gsd:NameAndSurnameOfChairmanOfGeneralMeeting contextRef="ctx-1" xml:lang="en">Marianne Philip</gsd:NameAndSurnameOfChairmanOfGeneralMeeting>
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<gsd:DateOfFoundationOfReportingEntity contextRef="ctx-1" xml:lang="en">1983-04-22</gsd:DateOfFoundationOfReportingEntity>
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<gsd:SecondaryNameOfReportingEntity contextRef="ctx-2" xml:lang="en">Oticon Holding A/S</gsd:SecondaryNameOfReportingEntity>
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