MTO - ELECTRIC A/S: Financial statements 2023
CVR: 26314909
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
MTO - ELECTRIC A/S (CVR 26314909) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 23,055,955 and a net result of DKK 5,243,791 compared with DKK 5,678,424 the year before. That is an increase of 12.8% compared with the year before. Equity in the 2023 report amounted to DKK 23,858,909. The solvency ratio was 58.8%. The company had 33 employees in the financial year.
- Gross Profit
- DKK 23,055,955
- Profit/Loss
- DKK 5,243,791
- Equity
- DKK 23,858,909
- Total Assets
- DKK 40,576,839
- Employees
- 33
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 23.1M | 5.2M | 23.9M | 33 |
| 2022 | - | 20.4M | 5.7M | 19.4M | 25 |
| 2021 | - | 13.4M | 2.4M | 14.1M | 22 |
| 2020 | - | 11.7M | 2.1M | 12M | 19 |
| 2019 | - | 8.2M | 1.7M | 10.1M | 17 |
Official annual report
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MTO - ELECTRIC A/S has published its annual report for 2022. Gross profit came to DKK 20,439,539, and the net result was DKK 5,678,424.
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.