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MGS Lynge A/S

Public limited companyCVR 37928615LyngeActive

MGS Lynge A/S is a public limited company, based in Lynge, active in manufacture of hand tools, founded in 1972. Net profit rose 8% from 2023 to 2025, ending at DKK 24.2m. Measured by gross profit, it ranks no. 3 of 68 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

Gross profitDKK 71.2m+19.6% vs. 2023
Net profitDKK 24.2m+7.7% vs. 2023
EquityDKK 77.5m+66.8% vs. 2023
Employees34latest month from CVR

What has changed

calculated from recorded figures and dates

Employees

  • 12 fewer employees than a year earlier: 34 (07/2026) against 46 (07/2025).

Management and owners, last 24 months

  • New in management: Paul Edward Manley (board member, 27/03/2026), Paul Edward Manley (director, 27/03/2026) and Shawn Krenke (board member, 27/03/2026).
  • Stepped down: Paul Edward Manley (chair of the board, 26/03/2026), Thomas Bach Agerslev (board member, 27/03/2026) and Thomas Bach Agerslev (director, 27/03/2026).

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2019–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70mDKK 80m201920202021202220232025
EquityNet profit
Financial figures for MGS Lynge A/S
201920202021202220232025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit23,03823,85430,19341,89459,51971,175+19.6%
Operating profit (EBIT)2,7952,7805,86014,89129,05833,863+16.5%
Profit before tax2,6392,4325,94214,35429,45431,022+5.3%
Net profit2,8187965,18611,16422,46424,197+7.7%
Total assets32,09647,42072,45998,972106,046150,812+42.2%
Equity12,76313,55918,74429,90846,43777,477+66.8%
Liabilities19,33332,47051,29963,30451,08966,130+29.4%
Cash and cash equivalents201,74316,1991,8922,178+15.1%
Average number of employees273033333946+17.9%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2019, 2020, 2021, 2022, 2023, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2024 (changed financial year or not filed).

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m201920202021202220232025
Gross profitMedian, the industry (68 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2020–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for MGS Lynge A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202513/04/2026The companyPDF not statedXBRL
202301/01/2023 – 31/12/202327/03/2025The companyPDFXBRL
202201/01/2022 – 31/12/202211/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202106/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202016/05/2021The companyPDFXBRL
201901/01/2019 – 31/12/201905/05/2020The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
0102030405008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

68 companies in the database

Comparison with the other companies in manufacture of hand tools based on the latest financial year.

Gross profitDKK 71.2mNo. 3 of 68
Better than 97% of the companies in the industry
EquityDKK 77.5mNo. 2 of 68
Better than 99% of the companies in the industry
Number of employees34No. 6 of 68
Better than 93% of the companies in the industry

Industry median: gross profit DKK 4.9m, net profit DKK 642k, equity DKK 3.7m, 7 employees.

DKK 117kDKK 692kDKK 4.1mDKK 24.3mDKK 79.5mHere
Distribution of gross profit for 68 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 232of 9,892
Better than 98%
No. 462of 9,922
Better than 95%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,123of 10,152
Better than 89%
No. 1,504of 10,275
Better than 85%
All companies of type A/S18,025 companies in the comparison
No. 2,132of 17,786
Better than 88%
No. 2,702of 18,024
Better than 85%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of hand tools
Gross profit
  1. MGS Lynge A/SDKK 71.2m
  2. Sønderborg Værktøjsfabrik A/SDKK 143.8m
  3. Am Værktøj Odense A/SDKK 72.8m
Net profit
  1. MGS Lynge A/SDKK 24.2m
  2. Sønderborg Værktøjsfabrik A/SDKK 71m
  3. Am Værktøj Odense A/SDKK 8.7m
Equity
  1. MGS Lynge A/SDKK 77.5m
  2. Sønderborg Værktøjsfabrik A/SDKK 72.2m
  3. Am Værktøj Odense A/SDKK 39.6m
Employees
  1. MGS Lynge A/S34
  2. Sønderborg Værktøjsfabrik A/S56
  3. Am Værktøj Odense A/S91

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
MGS Lynge A/S

Management

4 active registrations

Executive management

Executive management at MGS Lynge A/S
NameRoleAppointed
Paul Edward ManleyDirector27/03/2026

Board of directors

Board of directors at MGS Lynge A/S
NameRoleAppointed
Derek James MurphyBoard member02/10/2023
Paul Edward ManleyBoard member27/03/2026
Shawn KrenkeBoard member27/03/2026
Former management (24)
Former management at MGS Lynge A/S
NameRoleAppointedResigned
Remy Rikardt CramerChair of the board26/05/197224/05/1995
Jørn HansenBoard member26/05/197224/05/1995
Steen IshøyBoard member26/05/197224/05/1995
Ole WeilingChair of the board26/05/197211/04/2003
Sonja WintherBoard member26/05/197210/10/1990
Frans HeineBoard member26/05/197210/10/1990
Kenneth WintherBoard member26/05/197202/10/2023
Kenneth WintherDirector26/05/197202/10/2023
Kim AndersenBoard member26/05/197214/11/2006
Henrik BrandtChair of the board11/04/200314/11/2006
Martin Olof Eugen PerlakiBoard member06/05/200426/10/2006
Klaus Ulrik TvermoesChair of the board14/11/200609/10/2019
Henning LangthalerBoard member14/11/200602/10/2023
Mads Rytter HedelinBoard member14/11/200610/02/2023
Jens Frederik HansenBoard member29/05/201808/10/2019
Brian Ottar OlsenBoard member29/05/201809/10/2019
Jens Frederik HansenChair of the board09/10/201902/10/2023
Claus ChristensenBoard member09/10/201902/10/2023
Jørgen Einer-Jensen BrammerBoard member10/02/202302/10/2023
Henrik JørgensenBoard member02/10/202304/06/2024
Henrik JørgensenDirector02/10/202304/06/2024
Paul Edward ManleyChair of the board02/10/202326/03/2026
Thomas Bach AgerslevBoard member04/06/202427/03/2026
Thomas Bach AgerslevDirector04/06/202427/03/2026

Signing rule: Selskabet tegnes af en direktør i forening med to bestyrelsesmedlemmer eller af tre bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.  

Address and production units

1 active production units

Tofteengen 5
3540 Lynge

Allerød Municipality · Postcode 3540

Production units
Production unitAddressEmployeesP number
MGS Lynge A/STofteengen 5, 3540 Lynge301001760967

Purpose

Selskabets formål er at drive handel og industri og anden efter bestyrelsens skøn hermed forbunden virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

69 registered events
20267 changesaccounts 1 · management 6
  • Annual report for 2025 published
  • Paul Edward Manley appointed director
  • Paul Edward Manley appointed board member
  • Shawn Krenke appointed board member
  • Thomas Bach Agerslev stepped down as director
  • Thomas Bach Agerslev stepped down as board member
  • Paul Edward Manley stepped down as chair of the board
20251 changeaccounts 1
  • Annual report for 2023 published
20245 changesmanagement 4 · name 1
  • Thomas Bach Agerslev appointed director
  • Thomas Bach Agerslev appointed board member
  • Henrik Jørgensen stepped down as board member
  • Henrik Jørgensen stepped down as director
  • Name changed from WINTHER MOULD TECHNOLOGY A/S to MGS Lynge A/S
202315 changesmanagement 12 · ownership 2 · accounts 1
  • Henrik Jørgensen appointed board member
  • Derek James Murphy appointed board member
  • Paul Edward Manley appointed chair of the board
  • Henrik Jørgensen appointed director
  • Jørgen Einer-Jensen Brammer stepped down as board member
  • Claus Christensen stepped down as board member
  • Jens Frederik Hansen stepped down as chair of the board
  • Henning Langthaler stepped down as board member
  • Kenneth Winther stepped down as director
  • Kenneth Winther stepped down as board member
  • MGS Roskilde A/S registered as owner (100%)
  • HOLDINGSELSKABET AF 27. OKTOBER 2006 A/S is no longer registered as owner
  • Annual report for 2022 published
  • Jørgen Einer-Jensen Brammer appointed board member
  • Mads Rytter Hedelin stepped down as board member
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20201 changeaccounts 1
  • Annual report for 2019 published
20196 changesmanagement 5 · address 1
  • Claus Christensen appointed board member
  • Jens Frederik Hansen appointed chair of the board
  • Brian Ottar Olsen stepped down as board member
  • Klaus Ulrik Tvermoes stepped down as chair of the board
  • Jens Frederik Hansen stepped down as board member
  • Moved to Tofteengen 5, 3540 Lynge
20182 changesmanagement 2
  • Jens Frederik Hansen appointed board member
  • Brian Ottar Olsen appointed board member
20171 changeaddress 1
  • Moved to Tofteengen 5, 3540 Lynge
20141 changename 1
  • Name changed from A/S KENNETH WINTHER-VÆRKTØJSFABRIK to WINTHER MOULD TECHNOLOGY A/S
20081 changeindustry 1
  • Industry changed to Fremstilling af håndværktøj (257300)
20067 changesmanagement 6 · ownership 1
  • Henning Langthaler appointed board member
  • Klaus Ulrik Tvermoes appointed chair of the board
  • Mads Rytter Hedelin appointed board member
  • Henrik Brandt stepped down as chair of the board
  • Kim Andersen stepped down as board member
  • HOLDINGSELSKABET AF 27. OKTOBER 2006 A/S registered as owner (100%)
  • Martin Olof Eugen Perlaki stepped down as board member
20041 changemanagement 1
  • Martin Olof Eugen Perlaki appointed board member
20032 changesmanagement 2
  • Henrik Brandt appointed chair of the board
  • Ole Weiling stepped down as chair of the board
19971 changecapital 1
  • Share capital changed from 5,000,000 DKK to 5,100,000 DKK
19953 changesmanagement 3
  • Steen Ishøy stepped down as board member
  • Jørn Hansen stepped down as board member
  • Remy Rikardt Cramer stepped down as chair of the board
19903 changescapital 1 · management 2
  • Share capital changed from 500,000 DKK to 5,000,000 DKK
  • Frans Heine stepped down as board member
  • Sonja Winther stepped down as board member
197210 changesfounded 1 · management 9
  • Registered as A/S KENNETH WINTHER-VÆRKTØJSFABRIK
  • Frans Heine appointed board member
  • Sonja Winther appointed board member
  • Ole Weiling appointed chair of the board
  • Steen Ishøy appointed board member
  • Kenneth Winther appointed director
  • Jørn Hansen appointed board member
  • Kim Andersen appointed board member
  • Remy Rikardt Cramer appointed chair of the board
  • Kenneth Winther appointed board member

Related companies

Same industry in Allerød

See all →

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVRReport a correction