MGS Design & Development A/S: Financial statements 2020
CVR: 20688297
Source: annual report 2020, Danish Business Authority
01/10/2019 – 30/09/2020
MGS Design & Development A/S (CVR 20688297) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 37,791,661 and a net result of DKK 12,839,143 compared with DKK 6,258,692 the year before. That is an increase of 66.2% compared with the year before. Equity in the 2020 report amounted to DKK 14,003,071. The solvency ratio was 59.2%. The company had 31 employees in the financial year.
- Gross Profit
- DKK 37,791,661
- Profit/Loss
- DKK 12,839,143
- Equity
- DKK 14,003,071
- Total Assets
- DKK 23,672,027
- Employees
- 31
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 37.8 mio. | 12.8 mio. | 14 mio. | 31 |
| 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. | - |
Official annual report
How creditworthy is MGS Design & Development A/S?
See the CDS score and get a full credit report with recommended credit limit and payment terms.
Read about the CDS scoreEvents in 2020
MGS Design & Development A/S has published its annual report for 2019. Gross profit came to DKK 22,743,984, and the net result was DKK 6,258,692.
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.