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MTO - ELECTRIC A/S: Financial statements 2022

CVR: 26314909

Source: annual report 2022, Danish Business Authority

01/01/2022 – 31/12/2022

MTO - ELECTRIC A/S (CVR 26314909) has filed annual accounts for 2022. In 2022, the company reported a gross profit of DKK 20,439,539 and a net result of DKK 5,678,424 compared with DKK 2,408,078 the year before. That is an increase of 53% compared with the year before. Equity in the 2022 report amounted to DKK 19,365,118. The solvency ratio was 48%. The company had 25 employees in the financial year.

Gross Profit
DKK 20,439,539
Profit/Loss
DKK 5,678,424
Equity
DKK 19,365,118
Total Assets
DKK 40,363,817
Employees
25

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022-20.4M5.7M19.4M25
2021-13.4M2.4M14.1M22
2020-11.7M2.1M12M19
2019-8.2M1.7M10.1M17
2018-8.5M1.6M8.6M15

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Events in 2022

MTO - ELECTRIC A/S: The 2021 annual report is outMay 24, 2022

MTO - ELECTRIC A/S has published its annual report for 2021. Gross profit came to DKK 13,362,099, and the net result was DKK 2,408,078.

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