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MGS Design & Development A/S: Financial statements 2017

CVR: 20688297

Source: annual report 2017, Danish Business Authority

01/10/2016 – 30/09/2017

MGS Design & Development A/S (CVR 20688297) has filed annual accounts for 2017. In 2017, the company reported a gross profit of DKK 9,369,904 and a net result of DKK 8,861 compared with DKK 1,410,737 the year before. That is a decrease of 10.7% compared with the year before. Equity in the 2017 report amounted to DKK 1,309,660. The solvency ratio was 25.7%. The company had 9 employees in the financial year.

Gross Profit
DKK 9,369,904
Profit/Loss
DKK 8,861
Equity
DKK 1,309,660
Total Assets
DKK 5,100,616
Employees
9

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2017-9.4 mio.9 t.1.3 mio.9
2016-10.5 mio.1.4 mio.1.9 mio.-
2015-9.4 mio.1.1 mio.1.6 mio.-
2014--00-
2013--6.3 mio.348 t.-1.7 mio.-

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Events in 2017

MGS Design & Development A/S appoints new auditorNov 3, 2017

As of November 3, 2017, BHA STATSAUTORISERET REVISION APS has been appointed auditor of MGS Design & Development A/S.

Auditor steps down at MGS Design & Development A/SNov 3, 2017

As of November 3, 2017, Kreston CM Statsautoriseret Revisions interessentskab has stepped down as auditor of MGS Design & Development A/S.

Poul Lind leaves the board of MGS Design & Development A/SFeb 24, 2017

As of February 24, 2017, Poul Lind has left the board of directors of MGS Design & Development A/S.

MGS Design & Development A/S: The 2016 annual report is outFeb 3, 2017

MGS Design & Development A/S has published its annual report for 2016. Gross profit came to DKK 10,486,965, and the net result was DKK 1,410,737.

About MGS Design & Development A/S

MGS Design & Development A/S is a Danish company of the type Aktieselskab based in Hørsholm, founded in 1997. The company is registered under the industry Rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik. The company was previously named TECHNOLUTION A/S and ALLAN SPORK DRIFT A/S. The management consists of Thomas Bach Agerslev. The board consists of Paul Edward Manley (chair), Michael Noel Finneran and Thomas Bach Agerslev. The company is owned by MGS MFG. GROUP, INC.. The company has 21 employees (2018). In 2025, the company reported a gross profit of DKK 95,033,151 and a net result of DKK 8,252,827 compared with DKK 11,475,597 the year before. Equity in the 2025 report amounted to DKK 32,948,828.

Source: annual report 2025, Danish Business Authority