MGS Design & Development A/S: Financial statements 2021
CVR: 20688297
Source: annual report 2021, Danish Business Authority
01/10/2020 – 30/09/2021
MGS Design & Development A/S (CVR 20688297) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 51,341,107 and a net result of DKK 14,429,726 compared with DKK 12,839,143 the year before. That is an increase of 35.9% compared with the year before. Equity in the 2021 report amounted to DKK 14,782,797. The solvency ratio was 54.7%. The company had 41 employees in the financial year.
- Gross Profit
- DKK 51,341,107
- Profit/Loss
- DKK 14,429,726
- Equity
- DKK 14,782,797
- Total Assets
- DKK 27,036,678
- Employees
- 41
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | 51.3 mio. | 14.4 mio. | 14.8 mio. | 41 |
| 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 |
Official annual report
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MGS Design & Development A/S has published its annual report for 2020. Gross profit came to DKK 37,791,661, and the net result was DKK 12,839,143.
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.