TIME GROUP A/S: Financial statements 2017
CVR: 30719042
Source: annual report 2017, Danish Business Authority
01/01/2017 – 31/12/2017
TIME GROUP A/S (CVR 30719042) has filed annual accounts for 2017. In 2017, the company reported a gross profit of DKK -8,000 and a net result of DKK 342,178 compared with DKK -200,966 the year before. Equity in the 2017 report amounted to DKK 1,173,023. The solvency ratio was 18.5%.
- Gross Profit
- DKK -8,000
- Profit/Loss
- DKK 342,178
- Equity
- DKK 1,173,023
- Total Assets
- DKK 6,335,394
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2017 | - | -8 t. | 342 t. | 1.2 mio. | - |
| 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. | - |
Official annual report
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Set up monitoringEvents in 2017
As of September 19, 2017, Rune Vestergaard Borrits has joined the board of directors of TIME GROUP A/S.
As of September 19, 2017, Anders Vestergaard Borrits has joined the board of directors of TIME GROUP A/S.
As of September 19, 2017, Jon Søberg has left the board of directors of TIME GROUP A/S.
As of September 18, 2017, Rune Vestergaard Borrits has left the board of directors of TIME GROUP A/S.
TIME GROUP A/S has published its annual report for 2016. Gross profit came to DKK -7,350, and the net result was DKK -200,966.
As of May 5, 2017, EY Godkendt Revisionspartnerselskab has been appointed auditor of TIME GROUP A/S.
As of May 5, 2017, K P M G C JESPERSEN ÅRHUS I/S has stepped down as auditor of TIME GROUP A/S.
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.