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MTO - ELECTRIC A/S: Financial statements 2016

CVR: 26314909

Source: annual report 2016, Danish Business Authority

01/01/2016 – 31/12/2016

MTO - ELECTRIC A/S (CVR 26314909) has filed annual accounts for 2016. In 2016, the company reported a gross profit of DKK 6,977,600 and a net result of DKK 596,132 compared with DKK 1,182,633 the year before. That is a decrease of 35% compared with the year before. Equity in the 2016 report amounted to DKK 5,794,323. The solvency ratio was 30.8%. The company had 17 employees in the financial year.

Gross Profit
DKK 6,977,600
Profit/Loss
DKK 596,132
Equity
DKK 5,794,323
Total Assets
DKK 18,836,670
Employees
17

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2016-7 mio.596 t.5.8 mio.17
2015-10.7 mio.1.2 mio.5.2 mio.-
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 2016

MTO - ELECTRIC A/S: The 2015 annual report is outJun 5, 2016

MTO - ELECTRIC A/S has published its annual report for 2015. Gross profit came to DKK 10,732,477, and the net result was DKK 1,182,633.

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