TIME GROUP A/S: Financial statements 2016
CVR: 30719042
Source: annual report 2016, Danish Business Authority
01/01/2016 – 31/12/2016
TIME GROUP A/S (CVR 30719042) has filed annual accounts for 2016. In 2016, the company reported a gross profit of DKK -7,350 and a net result of DKK -200,966 compared with DKK -1,448,370 the year before. Equity in the 2016 report amounted to DKK 830,845. The solvency ratio was 20.7%.
- Gross Profit
- DKK -7,350
- Profit/Loss
- DKK -200,966
- Equity
- DKK 830,845
- Total Assets
- DKK 4,014,333
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2016 | - | -7 t. | -201 t. | 831 t. | - |
| 2015 | - | - | -1.4 mio. | 1 mio. | - |
| 2014 | - | -9 t. | -3.9 mio. | 2.6 mio. | - |
| 2013 | - | -9 t. | -4.5 mio. | 6.5 mio. | - |
| 2012 | - | -7 t. | 145 t. | 14.1 mio. | - |
Official annual report
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As of September 12, 2016, Rune Vestergaard Borrits has joined the board of directors of TIME GROUP A/S.
As of September 12, 2016, Katty Busack has left the board of directors of TIME GROUP A/S.
TIME GROUP A/S has published its annual report for 2015. The net result was DKK -1,448,370.
About TIME GROUP A/S
TIME GROUP A/S is a Danish company of the type Aktieselskab based in Odder, founded in 2007. The company is registered under the industry Ikke-finansielle holdingselskaber. The management consists of Henning Farre Vestergaard. The board consists of Rune Vestergaard Borrits (chair), Anders Vestergaard Borrits and Henning Farre Vestergaard. The company is owned by TIME GROUP A/S and HENNING F. VESTERGAARD HOLDING ApS. According to the 2025 annual report, the company had an average of 0 employees. In 2025, the company reported a gross profit of DKK -10,313 and a net result of DKK -853,283 compared with DKK 143,995 the year before. Equity in the 2025 report amounted to DKK 1,854,094.