MGInnovate A/S: Financial statements 2020
CVR: 37150797
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
MGInnovate A/S (CVR 37150797) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK -13,449 and a net result of DKK 22,098 compared with DKK 75,160 the year before. Equity in the 2020 report amounted to DKK 79,533. The solvency ratio was 68.5%.
- Gross Profit
- DKK -13,449
- Profit/Loss
- DKK 22,098
- Equity
- DKK 79,533
- Total Assets
- DKK 116,068
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | -13 t. | 22 t. | 80 t. | - |
| 2019 | - | -6 t. | 75 t. | 57 t. | - |
| 2018 | - | -6 t. | -26 t. | -18 t. | - |
| 2017 | - | -6 t. | -16 t. | 8 t. | - |
Official annual report
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On March 18, 2020, the company changed its name from MGInnovate IVS to MGInnovate ApS.
MGInnovate A/S has published its annual report for 2019. Gross profit came to DKK -6,251, and the net result was DKK 75,160.
About MGInnovate A/S
MGInnovate A/S is a Danish company of the type Aktieselskab based in Brønshøj, founded in 2015. The company is registered under the industry Ikke-finansielle holdingselskaber. The company was previously named MGInnovate ApS and MGInnovate IVS. The management consists of Morten Åström Grum. The board consists of Jonas Grum (chair), Morten Åström Grum and Nicolai Grum. The company is owned by Morten Åström Grum. According to the 2025 annual report, the company had an average of 0 employees. In 2025, the company reported a gross profit of DKK -19,396 and a net result of DKK 226,882 compared with DKK 526,805 the year before. Equity in the 2025 report amounted to DKK 924,115.