TIME CONSTRUCTION A/S: Financial statements 2017
CVR: 30719123
Source: annual report 2017, Danish Business Authority
01/01/2017 – 31/12/2017
TIME CONSTRUCTION A/S (CVR 30719123) has filed annual accounts for 2017. In 2017, the company reported revenue of DKK 18,891,371 and a net result of DKK 354,050 compared with DKK -284,425 the year before. That is an increase of 130.6% compared with the year before. The profit margin was 1.9%. Equity in the 2017 report amounted to DKK 2,074,560. The solvency ratio was 17.3%.
- Revenue
- DKK 18,891,371
- Gross Profit
- DKK 1,848,767
- Profit/Loss
- DKK 354,050
- Equity
- DKK 2,074,560
- Total Assets
- DKK 12,013,130
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2017 | 18.9 mio. | 1.8 mio. | 354 t. | 2.1 mio. | - |
| 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. | - |
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 CONSTRUCTION A/S.
As of September 19, 2017, Anders Vestergaard Borrits has joined the board of directors of TIME CONSTRUCTION A/S.
As of September 19, 2017, Jon Søberg has left the board of directors of TIME CONSTRUCTION A/S.
As of September 18, 2017, Rune Vestergaard Borrits has left the board of directors of TIME CONSTRUCTION A/S.
TIME CONSTRUCTION A/S has published its annual report for 2016. Revenue came to DKK 8,191,668, and the net result was DKK -284,425.
As of May 5, 2017, EY Godkendt Revisionspartnerselskab has been appointed auditor of TIME CONSTRUCTION A/S.
As of May 5, 2017, K P M G C JESPERSEN ÅRHUS I/S has stepped down as auditor of TIME CONSTRUCTION A/S.
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.