TIME GROUP A/S: Financial statements 2021
CVR: 30719042
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
TIME GROUP A/S (CVR 30719042) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK -7,875 and a net result of DKK 270,127 compared with DKK 1,398,161 the year before. Equity in the 2021 report amounted to DKK 2,700,550. The solvency ratio was 40.2%.
- Gross Profit
- DKK -7,875
- Profit/Loss
- DKK 270,127
- Equity
- DKK 2,700,550
- Total Assets
- DKK 6,709,772
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | -8 t. | 270 t. | 2.7 mio. | - |
| 2020 | - | -8 t. | 1.4 mio. | 2.4 mio. | - |
| 2019 | - | -9 t. | -5.5 mio. | -4 mio. | - |
| 2018 | - | -6 t. | 341 t. | 1.5 mio. | - |
| 2017 | - | -8 t. | 342 t. | 1.2 mio. | - |
Official annual report
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TIME GROUP A/S has published its annual report for 2020. Gross profit came to DKK -7,875, and the net result was DKK 1,398,161.
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.