MGS Design & Development A/S: Financial statements 2025
CVR: 20688297
Source: annual report 2025, Danish Business Authority
01/10/2024 – 30/09/2025
MGS Design & Development A/S (CVR 20688297) has filed annual accounts for 2025. 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. That is an increase of 13.6% compared with the year before. Equity in the 2025 report amounted to DKK 32,948,828. The solvency ratio was 70.2%. The company had 90 employees in the financial year.
- Gross Profit
- DKK 95,033,151
- Profit/Loss
- DKK 8,252,827
- Equity
- DKK 32,948,828
- Total Assets
- DKK 46,962,804
- Employees
- 90
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | - | 95 mio. | 8.3 mio. | 32.9 mio. | 90 |
| 2024 | - | 83.6 mio. | 11.5 mio. | 24.7 mio. | 82 |
| 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 |
Official annual report
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On September 9, 2025, the company changed its name from TECHNOLUTION A/S to MGS Design & Development A/S.
MGS Design & Development A/S has published its annual report for 2024. Gross profit came to DKK 83,647,426, and the net result was DKK 11,475,597.
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.