TIME CONSTRUCTION A/S: Financial statements 2018
CVR: 30719123
Source: annual report 2018, Danish Business Authority
01/01/2018 – 31/12/2018
TIME CONSTRUCTION A/S (CVR 30719123) has filed annual accounts for 2018. In 2018, the company reported revenue of DKK 12,284,874 and a net result of DKK 75,463 compared with DKK 354,050 the year before. That is a decrease of 35% compared with the year before. The profit margin was 0.6%. Equity in the 2018 report amounted to DKK 2,150,023. The solvency ratio was 15.5%. The company had 2 employees in the financial year.
- Revenue
- DKK 12,284,874
- Gross Profit
- DKK 1,500,023
- Profit/Loss
- DKK 75,463
- Equity
- DKK 2,150,023
- Total Assets
- DKK 13,860,928
- Employees
- 2
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2018 | 12.3 mio. | 1.5 mio. | 75 t. | 2.2 mio. | 2 |
| 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. | - |
Official annual report
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TIME CONSTRUCTION A/S has published its annual report for 2017. Revenue came to DKK 18,891,371, and the net result was DKK 354,050.
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.