MGS Design & Development A/S: Financial statements 2018
CVR: 20688297
Source: annual report 2018, Danish Business Authority
01/10/2017 – 30/09/2018
MGS Design & Development A/S (CVR 20688297) has filed annual accounts for 2018. In 2018, the company reported a gross profit of DKK 16,161,563 and a net result of DKK 3,725,576 compared with DKK 8,861 the year before. That is an increase of 72.5% compared with the year before. Equity in the 2018 report amounted to DKK 5,035,236. The solvency ratio was 54.4%. The company had 17 employees in the financial year.
- Gross Profit
- DKK 16,161,563
- Profit/Loss
- DKK 3,725,576
- Equity
- DKK 5,035,236
- Total Assets
- DKK 9,248,064
- Employees
- 17
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2018 | - | 16.2 mio. | 3.7 mio. | 5 mio. | 17 |
| 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 | - | - | 0 | 0 | - |
Official annual report
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MGS Design & Development A/S has published its annual report for 2017. Gross profit came to DKK 9,369,904, and the net result was DKK 8,861.
As of February 1, 2018, Thomas Bach Agerslev has joined the board of directors of MGS Design & Development A/S.
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 80 employees (2026). 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.