MTO - ELECTRIC A/S: Financial statements 2024
CVR: 26314909
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
MTO - ELECTRIC A/S (CVR 26314909) has filed annual accounts for 2024. In 2024, the company reported a gross profit of DKK 20,206,269 and a net result of DKK 4,437,224 compared with DKK 5,243,791 the year before. That is a decrease of 12.4% compared with the year before. Equity in the 2024 report amounted to DKK 27,296,133. The solvency ratio was 51.7%. The company had 31 employees in the financial year.
- Gross Profit
- DKK 20,206,269
- Profit/Loss
- DKK 4,437,224
- Equity
- DKK 27,296,133
- Total Assets
- DKK 52,778,550
- Employees
- 31
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | - | 20.2M | 4.4M | 27.3M | 31 |
| 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 |
Official annual report
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As of June 6, 2024, Klaus Hansen Investment ApS is registered as an owner of MTO - ELECTRIC A/S with an ownership share of 10%.
As of June 6, 2024, Zineb Invest ApS is registered as an owner of MTO - ELECTRIC A/S with an ownership share of 10%.
MTO - ELECTRIC A/S has published its annual report for 2023. Gross profit came to DKK 23,055,955, and the net result was DKK 5,243,791.
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.