TIME CONSTRUCTION A/S: Financial statements 2016
CVR: 30719123
Source: annual report 2016, Danish Business Authority
01/01/2016 – 31/12/2016
TIME CONSTRUCTION A/S (CVR 30719123) has filed annual accounts for 2016. In 2016, the company reported revenue of DKK 8,191,668 and a net result of DKK -284,425 compared with DKK -1,886,903 the year before. That is an increase of 63.8% compared with the year before. The profit margin was -3.5%. Equity in the 2016 report amounted to DKK 1,720,510. The solvency ratio was 15.1%. The company had 2 employees in the financial year.
- Revenue
- DKK 8,191,668
- Gross Profit
- DKK 591,397
- Profit/Loss
- DKK -284,425
- Equity
- DKK 1,720,510
- Total Assets
- DKK 11,405,675
- Employees
- 2
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2016 | 8.2 mio. | 591 t. | -284 t. | 1.7 mio. | 2 |
| 2015 | 5 mio. | - | -1.9 mio. | 2 mio. | - |
| 2014 | 21.3 mio. | 2.4 mio. | -3.1 mio. | 3.9 mio. | - |
| 2013 | - | -3.1 mio. | -4.7 mio. | 9 mio. | - |
| 2012 | - | 4 mio. | 406 t. | 13.7 mio. | - |
Official annual report
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As of September 12, 2016, Rune Vestergaard Borrits has joined the board of directors of TIME CONSTRUCTION A/S.
As of September 12, 2016, Katty Busack has left the board of directors of TIME CONSTRUCTION A/S.
TIME CONSTRUCTION A/S has published its annual report for 2015. Revenue came to DKK 4,999,623, and the net result was DKK -1,886,903.
About TIME CONSTRUCTION A/S
TIME CONSTRUCTION A/S is a Danish company of the type Aktieselskab based in Odder, founded in 2007. The company is registered under the industry Gennemførelse af byggeprojekter. 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. The company has 2 employees (2018). In 2025, the company reported revenue of DKK 526,070 and a net result of DKK -1,219,473 compared with DKK 410,227 the year before. Equity in the 2025 report amounted to DKK -1,470,500.