CVR: 12315600
Secondary names: BILINDRETNING NORDJYLLAND A/S, TIME DANMARK A/S, TIME INTERNATIONAL A/S
Previous names: ApS KBIL 9 NR.1705, S-TEK ApS, VERSALIFT EXPORT ApS
Versalift Denmark A/S is a Danish company of the type Aktieselskab based in Farsø, founded in 1988. The company is registered under the industry Engroshandel med andre maskiner og andet udstyr. The company was previously named TIME EXPORT A/S and TIME EXPORT ApS '. The management consists of Marcus Eduardo Goncalves. The company is owned by Time Manufacturing Company. The company has 130 employees. In 2024, the company reported revenue of DKK 435,230,000 and a net result of DKK 902,000 compared with DKK 11,214,000 the year before. Equity amounted to DKK 132,580,000.
Versalift Denmark A/S is experiencing a decline in profitability, with profits decreasing from 11.2 million DKK in 2023 to just 0.9 million DKK in 2024, despite a revenue drop from 507.4 million DKK to 435.2 million DKK. The company has shown revenue growth over the past few years, increasing from 318.1 million DKK in 2020 to a peak of 507.4 million DKK in 2023, indicating a strong market position within the machinery and equipment wholesale industry. However, the declining profit margins raise concerns about operational efficiency and cost management. With equity standing at 132.6 million DKK in 2024, the company maintains a solid equity position, but the downward trend in profitability may necessitate strategic adjustments to enhance financial health.
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| Year | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 2024 | 435.2 mio. | 902 t. | 329.2 mio. | 132.6 mio. | 190 | |
| 2023 | 507.4 mio. | 11.2 mio. | 392.8 mio. | 131.5 mio. | 226 | |
| 2022 | 391.6 mio. | 12.7 mio. | 315.9 mio. | 124 mio. | 226 | |
| 2021 | 399.4 mio. | 29 mio. | 288.4 mio. | 111.3 mio. | 237 | |
| 2020 | 318.1 mio. | 20.8 mio. | 222.6 mio. | 82.3 mio. | 195 | |
| 2019 | - | 20.2 mio. | 241.8 mio. | 61.5 mio. | 183 | |
| 2018 | - | 9.1 mio. | 148.9 mio. | 41.3 mio. | 164 | |
| 2017 | - | -2.2 mio. | 134.8 mio. | 32.2 mio. | 115 | |
| 2016 | - | 5.4 mio. | 117.8 mio. | 34.3 mio. | - | |
| 2015 | - | 6.1 mio. | 100.8 mio. | 29 mio. | - | |
| 2014 | - | -1.7 mio. | 98.3 mio. | 25.2 mio. | - | |
| 2013 | - | 3.8 mio. | 103.7 mio. | 26.9 mio. | 98 |
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Contact info changed: new phone: 98632433, new email: [email protected], new website: www.versalift.dk (June 2, 2026).
Contact info changed: new phone: 98632433, new email: [email protected], new website: www.versalift.dk (January 16, 2026).
As of October 31, 2025, Gerd Rödelbronn has joined the board of directors of Versalift Denmark A/S.
Versalift Denmark A/S has published its annual report for 2024. Revenue came to DKK 435,230,000, and the net result was DKK 902,000.
As of June 24, 2025, Rafael Perrone Bezerra de Menezes has joined the board of directors of Versalift Denmark A/S.
As of June 24, 2025, Wim Paula Karel Jozef Vandenbossche has left the board of directors of Versalift Denmark A/S.
As of March 6, 2025, Marcus Eduardo Goncalves is registered as adm. dir. of Versalift Denmark A/S.
As of March 6, 2025, Martin Lybæk Christiansen has stepped down as adm. dir. of Versalift Denmark A/S.
As of March 5, 2025, Wim Paula Karel Jozef Vandenbossche has joined the board of directors of Versalift Denmark A/S.
As of March 5, 2025, Marcus Eduardo Goncalves has joined the board of directors of Versalift Denmark A/S.
As of March 5, 2025, Jay Tolar Jeffrey has left the board of directors of Versalift Denmark A/S.
As of December 14, 2024, Craig Michael Haines has left the board of directors of Versalift Denmark A/S.
Versalift Denmark A/S has published its annual report for 2023. Revenue came to DKK 507,428,000, and the net result was DKK 11,214,000.
As of April 15, 2024, Kim Bach Jensen has stepped down as director of Versalift Denmark A/S.
As of January 2, 2024, Roman Valerievich Rariy has joined the board of directors of Versalift Denmark A/S.
As of January 2, 2024, Curt Stephen Howell has left the board of directors of Versalift Denmark A/S.
As of November 20, 2023, BAKER TILLY DENMARK GODKENDT REVISIONSAKTIESELSKAB has been appointed auditor of Versalift Denmark A/S.
As of November 20, 2023, A/S PSE 17 NR. 1056 has stepped down as auditor of Versalift Denmark A/S.
Versalift Denmark A/S has published its annual report for 2022. Revenue came to DKK 391,578,301, and the net result was DKK 12,697,643.
As of February 27, 2023, Craig Michael Haines has joined the board of directors of Versalift Denmark A/S.
As of February 27, 2023, Lance Morgan Reinhard has left the board of directors of Versalift Denmark A/S.
As of June 27, 2022, Lance Morgan Reinhard has joined the board of directors of Versalift Denmark A/S.
As of June 27, 2022, David Lyn Post has left the board of directors of Versalift Denmark A/S.
As of June 27, 2022, Martin Lybæk Christiansen is registered as adm. dir. of Versalift Denmark A/S.
As of June 27, 2022, Lance Morgan Reinhard has stepped down as director of Versalift Denmark A/S.
Versalift Denmark A/S has published its annual report for 2021. Revenue came to DKK 399,356,363, and the net result was DKK 29,017,979.
Versalift Denmark A/S has published its annual report for 2020. Revenue came to DKK 318,139,455, and the net result was DKK 20,827,493.
Versalift Denmark A/S has published its annual report for 2019. Gross profit came to DKK 113,051,583, and the net result was DKK 20,190,428.
As of June 12, 2020, A/S PSE 17 NR. 1056 has been appointed auditor of Versalift Denmark A/S.
As of June 12, 2020, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Versalift Denmark A/S.
Versalift Denmark A/S has published its annual report for 2018. Gross profit came to DKK 75,736,119, and the net result was DKK 9,112,191.
On February 22, 2019, the company changed its name from TIME EXPORT A/S to Versalift Denmark A/S.
Versalift Denmark A/S has published its annual report for 2017. Gross profit came to DKK 71,017,151, and the net result was DKK -2,170,456.
As of December 31, 2017, Per Cæsar Torp has stepped down as director of Versalift Denmark A/S.
As of August 29, 2017, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Versalift Denmark A/S.
As of August 29, 2017, KPMG P/S has stepped down as auditor of Versalift Denmark A/S.
As of May 23, 2017, Curt Stephen Howell has joined the board of directors of Versalift Denmark A/S.
As of May 23, 2017, Charles Howard Wiley has left the board of directors of Versalift Denmark A/S.
As of May 23, 2017, Lance Morgan Reinhard is registered as director of Versalift Denmark A/S.
Versalift Denmark A/S has published its annual report for 2016. Gross profit came to DKK 69,246,304, and the net result was DKK 5,381,159.
As of February 3, 2017, Charles Howard Wiley has joined the board of directors of Versalift Denmark A/S.
As of February 3, 2017, David Lyn Post has joined the board of directors of Versalift Denmark A/S.
As of February 3, 2017, Nigel Gerard Stephen O'Flaherty has left the board of directors of Versalift Denmark A/S.
As of February 3, 2017, Nigel O'Flaherty has left the board of directors of Versalift Denmark A/S.
As of February 3, 2017, Ciaran Joseph Mahon has left the board of directors of Versalift Denmark A/S.
As of February 2, 2017, Charles Howard Wiley has left the board of directors of Versalift Denmark A/S.
As of December 6, 2016, KPMG P/S has been appointed auditor of Versalift Denmark A/S.
As of December 5, 2016, KPMG P/S has stepped down as auditor of Versalift Denmark A/S.
As of April 7, 2016, KPMG P/S has been appointed auditor of Versalift Denmark A/S.
As of April 6, 2016, KPMG P/S has stepped down as auditor of Versalift Denmark A/S.
Versalift Denmark A/S has published its annual report for 2015. Gross profit came to DKK 60,167,394, and the net result was DKK 6,093,675.
As of March 15, 2016, Ciaran Joseph Mahon has joined the board of directors of Versalift Denmark A/S.
As of March 15, 2016, Thomas O'Dowd has left the board of directors of Versalift Denmark A/S.
As of March 15, 2016, Kim Bach Jensen is registered as director of Versalift Denmark A/S.
Versalift Denmark A/S has published its annual report for 2014. Gross profit came to DKK 50,023,859, and the net result was DKK -1,662,684.
As of March 23, 2015, KPMG P/S has been appointed auditor of Versalift Denmark A/S.
As of March 23, 2015, Kpmg C Jespersen has stepped down as auditor of Versalift Denmark A/S.
Versalift Denmark A/S has published its annual report for 2013. Gross profit came to DKK 54,539,909, and the net result was DKK 3,751,629.
Versalift Denmark A/S has published its annual report for 2012.
As of September 30, 2005, Kpmg C Jespersen has been appointed auditor of Versalift Denmark A/S.
As of September 30, 2005, VICH 2938 A/S has stepped down as auditor of Versalift Denmark A/S.
As of September 12, 2001, Jay Tolar Jeffrey has joined the board of directors of Versalift Denmark A/S.
As of September 12, 2001, Charles Howard Wiley has joined the board of directors of Versalift Denmark A/S.
As of September 12, 2001, Thomas O'Dowd has joined the board of directors of Versalift Denmark A/S.
As of September 12, 2001, Nigel Gerard Stephen O'Flaherty has joined the board of directors of Versalift Denmark A/S.
As of September 12, 2001, Nigel O'Flaherty has joined the board of directors of Versalift Denmark A/S.
As of September 12, 2001, Jette Astrid Braüner Torp has left the board of directors of Versalift Denmark A/S.
As of September 12, 2001, Per Cæsar Torp has left the board of directors of Versalift Denmark A/S.
As of September 12, 2001, Evald Peder Torp has left the board of directors of Versalift Denmark A/S.
As of January 1, 2001, is registered as an owner of Versalift Denmark A/S with an ownership share of 100%.
As of December 7, 1999, Jette Astrid Braüner Torp has joined the board of directors of Versalift Denmark A/S.
As of December 7, 1999, Evald Peder Torp has joined the board of directors of Versalift Denmark A/S.
On December 7, 1999, the company changed its name from TIME EXPORT ApS ' to TIME EXPORT A/S.
On June 8, 1999, the company changed its name from VERSALIFT EXPORT ApS to TIME EXPORT ApS '.
As of October 28, 1997, Donal Rex Mansfield has left the board of directors of Versalift Denmark A/S.
On August 2, 1995, the company changed its name from S-TEK ApS to VERSALIFT EXPORT ApS.
As of July 25, 1995, Donal Rex Mansfield has joined the board of directors of Versalift Denmark A/S.
As of July 25, 1995, John Yring Nielsen has left the board of directors of Versalift Denmark A/S.
As of July 25, 1995, Bent Knudsen has left the board of directors of Versalift Denmark A/S.
As of July 25, 1995, Uffe Yring-Nielsen has stepped down as director of Versalift Denmark A/S.
As of November 8, 1989, D. Rex Mansfield has left the board of directors of Versalift Denmark A/S.
On November 24, 1988, the company changed its name from ApS KBIL 9 NR.1705 to S-TEK ApS.
As of November 23, 1988, Erik Tronborg Andersen has stepped down as auditor of Versalift Denmark A/S.
As of November 23, 1988, Per Emil Hasselbalch Stakemann has left the board of directors of Versalift Denmark A/S.
As of November 23, 1988, Susanne Saul Stakemann has stepped down as director of Versalift Denmark A/S.
As of August 1, 1988, Erik Tronborg Andersen has been appointed auditor of Versalift Denmark A/S.
As of August 1, 1988, VICH 2938 A/S has been appointed auditor of Versalift Denmark A/S.
As of August 1, 1988, John Yring Nielsen has joined the board of directors of Versalift Denmark A/S.
As of August 1, 1988, Bent Knudsen has joined the board of directors of Versalift Denmark A/S.
As of August 1, 1988, Per Cæsar Torp has joined the board of directors of Versalift Denmark A/S.
As of August 1, 1988, Per Emil Hasselbalch Stakemann has joined the board of directors of Versalift Denmark A/S.
As of August 1, 1988, D. Rex Mansfield has joined the board of directors of Versalift Denmark A/S.
As of August 1, 1988, Susanne Saul Stakemann is registered as director of Versalift Denmark A/S.
As of August 1, 1988, Per Cæsar Torp is registered as director of Versalift Denmark A/S.
As of August 1, 1988, Uffe Yring-Nielsen is registered as director of Versalift Denmark A/S.
Versalift Denmark A/S was founded on August 1, 1988.
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