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MTO - ELECTRIC A/S: Financial statements 2017

CVR: 26314909

Source: annual report 2017, Danish Business Authority

01/01/2017 – 31/12/2017

MTO - ELECTRIC A/S (CVR 26314909) has filed annual accounts for 2017. In 2017, the company reported a gross profit of DKK 7,981,064 and a net result of DKK 1,194,594 compared with DKK 596,132 the year before. That is an increase of 14.4% compared with the year before. Equity in the 2017 report amounted to DKK 6,988,917. The solvency ratio was 36.4%. The company had 16 employees in the financial year.

Gross Profit
DKK 7,981,064
Profit/Loss
DKK 1,194,594
Equity
DKK 6,988,917
Total Assets
DKK 19,194,210
Employees
16

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2017-8 mio.1.2 mio.7 mio.16
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.-

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Events in 2017

MTO - ELECTRIC A/S: The 2016 annual report is outMay 31, 2017

MTO - ELECTRIC A/S has published its annual report for 2016. Gross profit came to DKK 6,977,600, and the net result was DKK 596,132.

MTO - ELECTRIC A/S appoints new auditorMay 20, 2017

As of May 20, 2017, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of MTO - ELECTRIC A/S.

Auditor steps down at MTO - ELECTRIC A/SMay 20, 2017

As of May 20, 2017, KROGH & THOMSEN I/S 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