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TIMEXTENDER A/S

CVR: 29216711

Growing 23% p.a.Medium companyWell-established (20 yrs)Loss-making

Secondary names: TIMEXTENDER NORDIC A/S, TimeXtender Consulting A/S, TimeXtender Global Services A/S

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About TIMEXTENDER A/S

TIMEXTENDER A/S is a Danish company of the type Aktieselskab based in Aarhus C, founded in 2005. The company is registered under the industry Anden udgivelse af software. The management consists of Alexandra Jane Bosson. The company is owned by TimeXtender Intressenter ApS. The company has 42 employees. In 2025, the company reported revenue of DKK 83,915,447 and a net result of DKK -9,170,490 compared with DKK -38,385,457 the year before. Equity amounted to DKK 35,041,813.

The financial health of TIMEXTENDER A/S shows a concerning trajectory, with consistent losses over the past five years. Revenue has increased from 45 million DKK in 2021 to nearly 84 million DKK in 2025, indicating growth; however, profits remain negative, with a loss of 9.17 million DKK in 2025, down from a peak loss of 46.89 million DKK in 2022. The company’s equity has fluctuated significantly, moving from negative equity in 2022 to 35 million DKK in 2025, suggesting some recovery, but the overall profitability remains a critical concern. As a player in the software publishing industry, TIMEXTENDER A/S must address its profit margins and operational efficiency to stabilize and enhance its market position.

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Overview

Company type
A/S
Aktieselskab
Address
Mariane Thomsens Gade 4B 3., 8000 Aarhus C
AARHUS
8000 Aarhus C
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Founded
23.12.2005

Details

Industry
Anden udgivelse af software
Code: 582900
Employees
42 employees
40 FTE
(2018)
Capital
44.000.000 kr.

Contact

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Email
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Website
www.timextender.com

Purpose

Selskabets formål er udvikling, produktion, handel, service, finansiering og anden dermed i forbindelse stående virksomhed.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
202583.9 mio.-9.2 mio.220.1 mio.35 mio.80
202466.5 mio.-38.4 mio.219.5 mio.44.2 mio.31
202363.8 mio.-33.7 mio.100.7 mio.18.4 mio.80
202145 mio.-9.7 mio.51.8 mio.3.6 mio.36
2020--21.2 mio.45.4 mio.-31.8 mio.39
2019--36.7 mio.48.7 mio.-80.1 mio.42
2018--62.9 mio.40.7 mio.-43.4 mio.66
2017--61.8 mio.39.9 mio.19.5 mio.65
2016--8.1 mio.45.8 mio.4.3 mio.-
2015-6.1 mio.34.2 mio.12.4 mio.-
2014--1.1 mio.25.7 mio.6.3 mio.-
2013-1.2 mio.14.3 mio.7.4 mio.8

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Industry Benchmarks

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Compared to 1.256 companies in Anden udgivelse af software

Revenue
Company83.9 mio.
Industry median1.1 mio.
73.7x
Profit margin
Company-10.9%
Industry median25.0%
100% below
Employees
Company80
Industry median4
20.0x
Equity ratio
Company15.9%
Industry median61.0%
3.8x below

Comparison is based on industry median values

Ownership

Owners
TimeXtender Intressenter ApS
CVR: 43216457
100%
TIMEXTENDER A/S
CVR: 29216711

Management

Directors

Alexandra Jane Bosson(ADM. DIR.)

Board

Martin Henricson(FORMAND)
Heine Baden Krog Iversen(BESTYRELSESMEDLEM)
Per Ivansson(BESTYRELSESMEDLEM)
Thomas Bill(BESTYRELSESMEDLEM)

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Founders

TIMEXTENDER HOLDING ApS

Production units (1)

TIMEXTENDER A/S
P-no: 1011920426
Mariane Thomsens Gade 4B 3., 8000, Aarhus C
Anden udgivelse af software
42 employees

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History

83 events
2026
TIMEXTENDER A/S: The 2025 annual report is outMay 18, 2026

TIMEXTENDER A/S has published its annual report for 2025. Revenue came to DKK 83,915,447, and the net result was DKK -9,170,490.

2025
TIMEXTENDER A/S: The 2024 annual report is outMay 5, 2025

TIMEXTENDER A/S has published its annual report for 2024. Revenue came to DKK 66,519,658, and the net result was DKK -38,385,457.

Heine Baden Krog Iversen joins the board of TIMEXTENDER A/SApr 22, 2025

As of April 22, 2025, Heine Baden Krog Iversen has joined the board of directors of TIMEXTENDER A/S.

Ragnar Þórir Guðgeirsson leaves the board of TIMEXTENDER A/SApr 22, 2025

As of April 22, 2025, Ragnar Þórir Guðgeirsson has left the board of directors of TIMEXTENDER A/S.

Alexandra Jane Bosson joins the board of TIMEXTENDER A/SApr 1, 2025

As of April 1, 2025, Alexandra Jane Bosson has joined the board of directors of TIMEXTENDER A/S.

Alexandra Jane Bosson leaves the board of TIMEXTENDER A/SApr 1, 2025

As of April 1, 2025, Alexandra Jane Bosson has left the board of directors of TIMEXTENDER A/S.

Alexandra Jane Bosson joins TIMEXTENDER A/S as adm. dir.Apr 1, 2025

As of April 1, 2025, Alexandra Jane Bosson is registered as adm. dir. of TIMEXTENDER A/S.

Heine Baden Krog Iversen steps down as adm. dir. of TIMEXTENDER A/SMar 31, 2025

As of March 31, 2025, Heine Baden Krog Iversen has stepped down as adm. dir. of TIMEXTENDER A/S.

2024
TIMEXTENDER A/S: The 2023 annual report is outApr 3, 2024

TIMEXTENDER A/S has published its annual report for 2023. Revenue came to DKK 63,829,103, and the net result was DKK -33,727,826.

Ragnar Þórir Guðgeirsson joins the board of TIMEXTENDER A/SMar 19, 2024

As of March 19, 2024, Ragnar Þórir Guðgeirsson has joined the board of directors of TIMEXTENDER A/S.

Heine Baden Krog Iversen leaves the board of TIMEXTENDER A/SMar 19, 2024

As of March 19, 2024, Heine Baden Krog Iversen has left the board of directors of TIMEXTENDER A/S.

2023
TIMEXTENDER A/S publishes interim reportJun 2, 2023

TIMEXTENDER A/S has published its interim report for the period July 1, 2021 – December 31, 2022.

Klaus Vang steps down as director of TIMEXTENDER A/SFeb 28, 2023

As of February 28, 2023, Klaus Vang has stepped down as director of TIMEXTENDER A/S.

2022
TIMEXTENDER A/S appoints new auditorOct 25, 2022

As of October 25, 2022, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of TIMEXTENDER A/S.

Auditor steps down at TIMEXTENDER A/SOct 25, 2022

As of October 25, 2022, EY Godkendt Revisionspartnerselskab has stepped down as auditor of TIMEXTENDER A/S.

Heine Baden Krog Iversen joins the board of TIMEXTENDER A/SMay 9, 2022

As of May 9, 2022, Heine Baden Krog Iversen has joined the board of directors of TIMEXTENDER A/S.

Per Ivansson joins the board of TIMEXTENDER A/SMay 9, 2022

As of May 9, 2022, Per Ivansson has joined the board of directors of TIMEXTENDER A/S.

Thomas Bill joins the board of TIMEXTENDER A/SMay 9, 2022

As of May 9, 2022, Thomas Bill has joined the board of directors of TIMEXTENDER A/S.

Martin Henricson joins the board of TIMEXTENDER A/SMay 9, 2022

As of May 9, 2022, Martin Henricson has joined the board of directors of TIMEXTENDER A/S.

Christian Alexander Geertsen leaves the board of TIMEXTENDER A/SMay 9, 2022

As of May 9, 2022, Christian Alexander Geertsen has left the board of directors of TIMEXTENDER A/S.

Birgit Krog-Iversen leaves the board of TIMEXTENDER A/SMay 9, 2022

As of May 9, 2022, Birgit Krog-Iversen has left the board of directors of TIMEXTENDER A/S.

Torben Frigaard Rasmussen leaves the board of TIMEXTENDER A/SMay 9, 2022

As of May 9, 2022, Torben Frigaard Rasmussen has left the board of directors of TIMEXTENDER A/S.

TimeXtender Intressenter ApS registered as owner of TIMEXTENDER A/SMay 9, 2022

As of May 9, 2022, TimeXtender Intressenter ApS is registered as an owner of TIMEXTENDER A/S with an ownership share of 100%.

TIMEXTENDER A/S appoints new auditorFeb 4, 2022

As of February 4, 2022, EY Godkendt Revisionspartnerselskab has been appointed auditor of TIMEXTENDER A/S.

Auditor steps down at TIMEXTENDER A/SFeb 4, 2022

As of February 4, 2022, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of TIMEXTENDER A/S.

2021
TIMEXTENDER A/S: The 2021 annual report is outNov 26, 2021

TIMEXTENDER A/S has published its annual report for 2021. Revenue came to DKK 45,036,724, and the net result was DKK -9,660,467.

Christian Alexander Geertsen joins the board of TIMEXTENDER A/SOct 13, 2021

As of October 13, 2021, Christian Alexander Geertsen has joined the board of directors of TIMEXTENDER A/S.

Jørn Uffe Bonnesen leaves the board of TIMEXTENDER A/SOct 13, 2021

As of October 13, 2021, Jørn Uffe Bonnesen has left the board of directors of TIMEXTENDER A/S.

2020
TIMEXTENDER A/S: The 2020 annual report is outNov 30, 2020

TIMEXTENDER A/S has published its annual report for 2020. Gross profit came to DKK 4,496,582, and the net result was DKK -21,206,585.

Jørn Uffe Bonnesen joins the board of TIMEXTENDER A/SSep 23, 2020

As of September 23, 2020, Jørn Uffe Bonnesen has joined the board of directors of TIMEXTENDER A/S.

Torben Frigaard Rasmussen joins the board of TIMEXTENDER A/SSep 23, 2020

As of September 23, 2020, Torben Frigaard Rasmussen has joined the board of directors of TIMEXTENDER A/S.

Henning Krog-Iversen leaves the board of TIMEXTENDER A/SSep 23, 2020

As of September 23, 2020, Henning Krog-Iversen has left the board of directors of TIMEXTENDER A/S.

Anne Sondrup Iversen leaves the board of TIMEXTENDER A/SSep 23, 2020

As of September 23, 2020, Anne Sondrup Iversen has left the board of directors of TIMEXTENDER A/S.

Klaus Vang joins TIMEXTENDER A/S as directorFeb 21, 2020

As of February 21, 2020, Klaus Vang is registered as director of TIMEXTENDER A/S.

Thomas Gylling Loft steps down as director of TIMEXTENDER A/SFeb 21, 2020

As of February 21, 2020, Thomas Gylling Loft has stepped down as director of TIMEXTENDER A/S.

2019
TIMEXTENDER A/S: The 2019 annual report is outNov 19, 2019

TIMEXTENDER A/S has published its annual report for 2019. Gross profit came to DKK -4,439,827, and the net result was DKK -36,668,433.

Henning Krog-Iversen joins the board of TIMEXTENDER A/SFeb 1, 2019

As of February 1, 2019, Henning Krog-Iversen has joined the board of directors of TIMEXTENDER A/S.

Birgit Krog-Iversen joins the board of TIMEXTENDER A/SFeb 1, 2019

As of February 1, 2019, Birgit Krog-Iversen has joined the board of directors of TIMEXTENDER A/S.

Clas Nylandsted Andersen leaves the board of TIMEXTENDER A/SFeb 1, 2019

As of February 1, 2019, Clas Nylandsted Andersen has left the board of directors of TIMEXTENDER A/S.

Henning Krog-Iversen leaves the board of TIMEXTENDER A/SJan 31, 2019

As of January 31, 2019, Henning Krog-Iversen has left the board of directors of TIMEXTENDER A/S.

2018
TIMEXTENDER A/S: The 2018 annual report is outNov 30, 2018

TIMEXTENDER A/S has published its annual report for 2018. Gross profit came to DKK -21,003,875, and the net result was DKK -62,905,389.

Heine Baden Krog Iversen leaves the board of TIMEXTENDER A/SMar 22, 2018

As of March 22, 2018, Heine Baden Krog Iversen has left the board of directors of TIMEXTENDER A/S.

Heine Baden Krog Iversen joins TIMEXTENDER A/S as adm. dir.Mar 22, 2018

As of March 22, 2018, Heine Baden Krog Iversen is registered as adm. dir. of TIMEXTENDER A/S.

Thomas Gylling Loft joins TIMEXTENDER A/S as directorMar 22, 2018

As of March 22, 2018, Thomas Gylling Loft is registered as director of TIMEXTENDER A/S.

Jørgen Krog Kaufmann steps down as adm. dir. of TIMEXTENDER A/SMar 22, 2018

As of March 22, 2018, Jørgen Krog Kaufmann has stepped down as adm. dir. of TIMEXTENDER A/S.

2017
TIMEXTENDER A/S: The 2017 annual report is outNov 27, 2017

TIMEXTENDER A/S has published its annual report for 2017. Gross profit came to DKK -16,466,295, and the net result was DKK -61,829,797.

Heine Baden Krog Iversen joins the board of TIMEXTENDER A/SNov 23, 2017

As of November 23, 2017, Heine Baden Krog Iversen has joined the board of directors of TIMEXTENDER A/S.

Anne Sondrup Iversen joins the board of TIMEXTENDER A/SNov 23, 2017

As of November 23, 2017, Anne Sondrup Iversen has joined the board of directors of TIMEXTENDER A/S.

Jørgen Krog Kaufmann joins TIMEXTENDER A/S as adm. dir.Nov 23, 2017

As of November 23, 2017, Jørgen Krog Kaufmann is registered as adm. dir. of TIMEXTENDER A/S.

Heine Baden Krog Iversen steps down as director of TIMEXTENDER A/SNov 23, 2017

As of November 23, 2017, Heine Baden Krog Iversen has stepped down as director of TIMEXTENDER A/S.

Anne Sondrup Iversen steps down as director of TIMEXTENDER A/SNov 23, 2017

As of November 23, 2017, Anne Sondrup Iversen has stepped down as director of TIMEXTENDER A/S.

Heine Baden Krog Iversen leaves the board of TIMEXTENDER A/SNov 22, 2017

As of November 22, 2017, Heine Baden Krog Iversen has left the board of directors of TIMEXTENDER A/S.

2016
TIMEXTENDER A/S: The 2016 annual report is outDec 1, 2016

TIMEXTENDER A/S has published its annual report for 2016. Gross profit came to DKK 6,428,445, and the net result was DKK -8,088,949.

2015
TIMEXTENDER A/S: The 2015 annual report is outNov 26, 2015

TIMEXTENDER A/S has published its annual report for 2015. Gross profit came to DKK 19,666,971, and the net result was DKK 6,078,630.

Clas Nylandsted Andersen joins the board of TIMEXTENDER A/SNov 24, 2015

As of November 24, 2015, Clas Nylandsted Andersen has joined the board of directors of TIMEXTENDER A/S.

Henning Krog-Iversen joins the board of TIMEXTENDER A/SNov 24, 2015

As of November 24, 2015, Henning Krog-Iversen has joined the board of directors of TIMEXTENDER A/S.

Carl-Gustav von Schimmelmann leaves the board of TIMEXTENDER A/SNov 24, 2015

As of November 24, 2015, Carl-Gustav von Schimmelmann has left the board of directors of TIMEXTENDER A/S.

Henning Krog-Iversen leaves the board of TIMEXTENDER A/SNov 23, 2015

As of November 23, 2015, Henning Krog-Iversen has left the board of directors of TIMEXTENDER A/S.

2014
TIMEXTENDER A/S: The 2014 annual report is outNov 27, 2014

TIMEXTENDER A/S has published its annual report for 2014. Gross profit came to DKK 14,144,966, and the net result was DKK -1,067,123.

Carl-Gustav von Schimmelmann joins the board of TIMEXTENDER A/SOct 20, 2014

As of October 20, 2014, Carl-Gustav von Schimmelmann has joined the board of directors of TIMEXTENDER A/S.

Anne Sondrup Iversen leaves the board of TIMEXTENDER A/SOct 20, 2014

As of October 20, 2014, Anne Sondrup Iversen has left the board of directors of TIMEXTENDER A/S.

Anne Sondrup Iversen joins TIMEXTENDER A/S as directorOct 20, 2014

As of October 20, 2014, Anne Sondrup Iversen is registered as director of TIMEXTENDER A/S.

Klaus Termansen steps down as director of TIMEXTENDER A/SOct 20, 2014

As of October 20, 2014, Klaus Termansen has stepped down as director of TIMEXTENDER A/S.

2013
TIMEXTENDER A/S: The 2013 annual report is outNov 8, 2013

TIMEXTENDER A/S has published its annual report for 2013. Gross profit came to DKK 7,336,299, and the net result was DKK 1,213,362.

Henning Krog-Iversen joins the board of TIMEXTENDER A/SNov 6, 2013

As of November 6, 2013, Henning Krog-Iversen has joined the board of directors of TIMEXTENDER A/S.

Anne Sondrup Iversen joins the board of TIMEXTENDER A/SNov 6, 2013

As of November 6, 2013, Anne Sondrup Iversen has joined the board of directors of TIMEXTENDER A/S.

Klaus Termansen leaves the board of TIMEXTENDER A/SNov 6, 2013

As of November 6, 2013, Klaus Termansen has left the board of directors of TIMEXTENDER A/S.

Klaus Termansen joins TIMEXTENDER A/S as directorNov 6, 2013

As of November 6, 2013, Klaus Termansen is registered as director of TIMEXTENDER A/S.

2012
Niels Bo Jørgensen leaves the board of TIMEXTENDER A/SMay 26, 2012

As of May 26, 2012, Niels Bo Jørgensen has left the board of directors of TIMEXTENDER A/S.

2011
TIMEXTENDER A/S appoints new auditorOct 13, 2011

As of October 13, 2011, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of TIMEXTENDER A/S.

Auditor steps down at TIMEXTENDER A/SOct 13, 2011

As of October 13, 2011, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has stepped down as auditor of TIMEXTENDER A/S.

2008
TIMEXTENDER A/S appoints new auditorJun 24, 2008

As of June 24, 2008, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has been appointed auditor of TIMEXTENDER A/S.

Auditor steps down at TIMEXTENDER A/SJun 24, 2008

As of June 24, 2008, EY Godkendt Revisionspartnerselskab has stepped down as auditor of TIMEXTENDER A/S.

Klaus Termansen joins the board of TIMEXTENDER A/SJun 24, 2008

As of June 24, 2008, Klaus Termansen has joined the board of directors of TIMEXTENDER A/S.

2007
Enrico Krog Iversen leaves the board of TIMEXTENDER A/SJun 27, 2007

As of June 27, 2007, Enrico Krog Iversen has left the board of directors of TIMEXTENDER A/S.

Niels Bo Jørgensen joins the board of TIMEXTENDER A/SFeb 27, 2007

As of February 27, 2007, Niels Bo Jørgensen has joined the board of directors of TIMEXTENDER A/S.

Anne Sondrup Iversen leaves the board of TIMEXTENDER A/SFeb 27, 2007

As of February 27, 2007, Anne Sondrup Iversen has left the board of directors of TIMEXTENDER A/S.

2006
Enrico Krog Iversen joins the board of TIMEXTENDER A/SSep 25, 2006

As of September 25, 2006, Enrico Krog Iversen has joined the board of directors of TIMEXTENDER A/S.

2005
TIMEXTENDER A/S appoints new auditorDec 23, 2005

As of December 23, 2005, EY Godkendt Revisionspartnerselskab has been appointed auditor of TIMEXTENDER A/S.

Heine Baden Krog Iversen joins the board of TIMEXTENDER A/SDec 23, 2005

As of December 23, 2005, Heine Baden Krog Iversen has joined the board of directors of TIMEXTENDER A/S.

Anne Sondrup Iversen joins the board of TIMEXTENDER A/SDec 23, 2005

As of December 23, 2005, Anne Sondrup Iversen has joined the board of directors of TIMEXTENDER A/S.

Heine Baden Krog Iversen joins TIMEXTENDER A/S as directorDec 23, 2005

As of December 23, 2005, Heine Baden Krog Iversen is registered as director of TIMEXTENDER A/S.

TIMEXTENDER A/S is foundedDec 23, 2005

TIMEXTENDER A/S was founded on December 23, 2005.

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