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MTO - ELECTRIC A/S: Financial statements 2014

CVR: 26314909

Source: annual report 2014, Danish Business Authority

01/01/2014 – 31/12/2014

MTO - ELECTRIC A/S (CVR 26314909) has filed annual accounts for 2014. In 2014, the company reported a gross profit of DKK 9,954,574 and a net result of DKK 645,387 compared with DKK 452,081 the year before. That is an increase of 19.8% compared with the year before. Equity in the 2014 report amounted to DKK 3,385,558. The solvency ratio was 19.8%.

Gross Profit
DKK 9,954,574
Profit/Loss
DKK 645,387
Equity
DKK 3,385,558
Total Assets
DKK 17,121,150

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2014-10 mio.645 t.3.4 mio.-
2013-8.3 mio.452 t.2.7 mio.-
2012-8.8 mio.247 t.2.3 mio.-

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Events in 2014

Søren Brinks Larsen joins the board of MTO - ELECTRIC A/SDec 11, 2014

As of December 11, 2014, Søren Brinks Larsen has joined the board of directors of MTO - ELECTRIC A/S.

Erling Johansen leaves the board of MTO - ELECTRIC A/SDec 11, 2014

As of December 11, 2014, Erling Johansen has left the board of directors of MTO - ELECTRIC A/S.

MTO - ELECTRIC A/S: The 2013 annual report is outMay 31, 2014

MTO - ELECTRIC A/S has published its annual report for 2013. Gross profit came to DKK 8,307,802, and the net result was DKK 452,081.

MTO - ELECTRIC A/S appoints new auditorMar 3, 2014

As of March 3, 2014, KROGH & THOMSEN I/S has been appointed auditor of MTO - ELECTRIC A/S.

Auditor steps down at MTO - ELECTRIC A/SMar 3, 2014

As of March 3, 2014, John Laursen has stepped down as auditor of MTO - ELECTRIC A/S.

About MTO - ELECTRIC A/S

MTO - ELECTRIC A/S is a Danish company of the type Aktieselskab based in Vejle, founded in 2001. The company is registered under the industry Engroshandel med andre maskiner og andet udstyr. The company was previously named MTO - ELECTRIC ApS. The management consists of Klaus Hansen and Zineb Svendsen. The board consists of Pia Grandelag (chair), Jan Michael Johansen, Klaus Hansen and Mads Andersen Velbæk. The company's owners include VELCO HOLDING ApS, JOCO HOLDING ApS and Klaus Hansen Investment ApS. The company has 30 employees (2026). In 2025, the company reported a gross profit of DKK 23,804,462 and a net result of DKK 4,712,169 compared with DKK 4,437,224 the year before. Equity in the 2025 report amounted to DKK 21,440,650.

Source: annual report 2025, Danish Business Authority