MGS Design & Development A/S: Financial statements 2019
CVR: 20688297
Source: annual report 2019, Danish Business Authority
01/10/2018 – 30/09/2019
MGS Design & Development A/S (CVR 20688297) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 22,743,984 and a net result of DKK 6,258,692 compared with DKK 3,725,576 the year before. That is an increase of 40.7% compared with the year before. Equity in the 2019 report amounted to DKK 7,563,928. The solvency ratio was 64.3%. The company had 22 employees in the financial year.
- Gross Profit
- DKK 22,743,984
- Profit/Loss
- DKK 6,258,692
- Equity
- DKK 7,563,928
- Total Assets
- DKK 11,762,631
- Employees
- 22
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | - | 22.7 mio. | 6.3 mio. | 7.6 mio. | 22 |
| 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. | - |
Official annual report
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MGS Design & Development A/S has published its annual report for 2018. Gross profit came to DKK 16,161,563, and the net result was DKK 3,725,576.
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.