MGS Design & Development A/S: Financial statements 2023
CVR: 20688297
Source: annual report 2023, Danish Business Authority
01/10/2022 – 30/09/2023
MGS Design & Development A/S (CVR 20688297) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 61,300,852 and a net result of DKK 8,811,245 compared with DKK 19,756,361 the year before. That is a decrease of 3.4% compared with the year before. Equity in the 2023 report amounted to DKK 13,220,406. The solvency ratio was 43.2%. The company had 60 employees in the financial year.
- Gross Profit
- DKK 61,300,852
- Profit/Loss
- DKK 8,811,245
- Equity
- DKK 13,220,406
- Total Assets
- DKK 30,585,952
- Employees
- 60
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 61.3 mio. | 8.8 mio. | 13.2 mio. | 60 |
| 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 |
Official annual report
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As of June 1, 2023, Thomas Bach Agerslev has joined the board of directors of MGS Design & Development A/S.
As of June 1, 2023, Michael Noel Finneran has joined the board of directors of MGS Design & Development A/S.
As of June 1, 2023, Paul Edward Manley has joined the board of directors of MGS Design & Development A/S.
As of June 1, 2023, Ulrik Spork has left the board of directors of MGS Design & Development A/S.
As of June 1, 2023, Ricki Boye has left the board of directors of MGS Design & Development A/S.
As of June 1, 2023, Allan Spork has left the board of directors of MGS Design & Development A/S.
As of May 31, 2023, is registered as an owner of MGS Design & Development A/S with an ownership share of 100%.
MGS Design & Development A/S has published its annual report for 2022. Gross profit came to DKK 63,458,858, and the net result was DKK 19,756,361.
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.