MGS Design & Development A/S

CVR 20688297 · Public limited company (A/S) · Active · Low risk

MGS Design & Development A/S is a Public limited company (A/S), founded on , based in Hørsholm. The company is registered in the industry rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 32.9m and a net result of DKK 8.3m.

Bankruptcy risk for MGS Design & Development A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
20688297
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Lyngsø Alle 3
2970 Hørsholm
Municipality
Hørsholm
Industry
Rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik (711220)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 500k
Employees
21 (2018)
Auditor
BHA STATSAUTORISERET REVISION APS
Audit opted out
No

Warning signs

Annual reports filed late1 of 28
Missing annual reportNo
Negative equityNo
Equity ratio70.2%
Current ratio–
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address114
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 95.0mDKK 83.6mDKK 61.3m
Net profitDKK 8.3mDKK 11.5mDKK 8.8m
EquityDKK 32.9mDKK 24.7mDKK 13.2m
Total assetsDKK 47.0mDKK 35.1mDKK 30.6m
CashDKK 2.5mDKK 1.8m–
Short-term debt–DKK 10.1m–
Tax owedDKK 2.4m––
Avg. employees9082–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · BHA Statsautoriseret Revision A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025126
1 Oct 2023 – 30 Sep 2024179
1 Oct 2022 – 30 Sep 2023173
1 Oct 2021 – 30 Sep 2022182
1 Oct 2020 – 30 Sep 2021151
1 Oct 2019 – 30 Sep 2020152
1 Oct 2018 – 30 Sep 2019128
1 Oct 2017 – 30 Sep 2018140
1 Oct 2016 – 30 Sep 2017129
1 Oct 2015 – 30 Sep 2016126
1 Oct 2014 – 30 Sep 2015160
1 Oct 2013 – 30 Sep 2014125
1 Oct 2012 – 30 Sep 2013151
1 Oct 2011 – 30 Sep 2012150
1 Oct 2010 – 30 Sep 2011156
1 Oct 2009 – 30 Sep 2010124
1 Oct 2008 – 30 Sep 2009118
1 Oct 2007 – 30 Sep 2008118
1 Oct 2006 – 30 Sep 2007155
1 Oct 2005 – 30 Sep 2006162

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOLeif Dalum
CEOAllan Spork
BoardThomas Bach AgerslevCurrent
BoardMichael Noel FinneranCurrent
BoardPaul Edward ManleyCurrent
BoardTorben Petersen
BoardLeif Dalum
BoardAnders Martin Hansen
BoardUlrik Spork
BoardAllan Spork
BoardPoul Lind
BoardThomas Bach Agerslev
BoardRicki Boye
Owner (100%)MGS MFG. GROUP, INC.Current
Owner (100%)SPORK HOLDING ApS
Owner (67%)SPORK HOLDING ApS
Owner (50%)SPORK HOLDING ApS
Owner (10%)TNIV 1 ApS
Owner (10%)TNIV 2 ApS
Owner (5%)Michael Tokeskov Mikkelsen
Owner (33%)SPORK HOLDING ApS
Owner (5%)Agerslev Holding ApS
AuditorBHA STATSAUTORISERET REVISION APSCurrent
AuditorAllan Pettersson
AuditorREVISOR-TEAM HØRSHOLM A/S
AuditorKreston CM Statsautoriseret Revisions interessentskab
AuditorKreston CM Statsautoriseret Revisions interessentskab
FounderPROINVENT A/SCurrent

The CEOs' other companies

Leif Dalum – 5 other companies, of which 3 bankrupt

Allan Spork – 11 other companies, of which 1 bankrupt

Address history (1 moves)

Lyngsø Alle 3, 2970 Hørsholm
Lyngsø Alle 3, 2970 Hørsholm

Former names

MGS Design & Development A/S – now
TECHNOLUTION A/S –
ALLAN SPORK DRIFT A/S –
PROINVENT A/S EJENDOMSSELSKAB –

Employees per year

Number of employees at MGS Design & Development A/S per year11212011: 1020112012: 920122013: 920132014: 1220142015: 1420152016: 1420162017: 1620172018: 212018

Other companies at the same address

Similar companies in Hørsholm

Questions and answers about MGS Design & Development A/S

Has MGS Design & Development A/S gone bankrupt?

No, MGS Design & Development A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MGS Design & Development A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of MGS Design & Development A/S?

MGS Design & Development A/S most recently used BHA STATSAUTORISERET REVISION APS.

When was MGS Design & Development A/S founded?

MGS Design & Development A/S was founded on 24 November 1997.

What is the equity of MGS Design & Development A/S?

Equity was DKK 32.9m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.