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MGS Design & Development A/S: Financial statements 2022

CVR: 20688297

Source: annual report 2022, Danish Business Authority

01/10/2021 – 30/09/2022

MGS Design & Development A/S (CVR 20688297) has filed annual accounts for 2022. In 2022, the company reported a gross profit of DKK 63,458,858 and a net result of DKK 19,756,361 compared with DKK 14,429,726 the year before. That is an increase of 23.6% compared with the year before. Equity in the 2022 report amounted to DKK 20,189,159. The solvency ratio was 67.3%. The company had 50 employees in the financial year.

Gross Profit
DKK 63,458,858
Profit/Loss
DKK 19,756,361
Equity
DKK 20,189,159
Total Assets
DKK 30,016,915
Employees
50

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022-63.5 mio.19.8 mio.20.2 mio.50
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

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Events in 2022

Ricki Boye joins the board of MGS Design & Development A/SNov 1, 2022

As of November 1, 2022, Ricki Boye has joined the board of directors of MGS Design & Development A/S.

Thomas Bach Agerslev leaves the board of MGS Design & Development A/SNov 1, 2022

As of November 1, 2022, Thomas Bach Agerslev has left the board of directors of MGS Design & Development A/S.

Thomas Bach Agerslev joins MGS Design & Development A/S as adm. dir.Nov 1, 2022

As of November 1, 2022, Thomas Bach Agerslev is registered as adm. dir. of MGS Design & Development A/S.

MGS Design & Development A/S: The 2021 annual report is outFeb 28, 2022

MGS Design & Development A/S has published its annual report for 2021. Gross profit came to DKK 51,341,107, and the net result was DKK 14,429,726.

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.

Source: annual report 2025, Danish Business Authority