TIME CONSTRUCTION A/S: Financial statements 2022
CVR: 30719123
Source: annual report 2022, Danish Business Authority
01/01/2022 – 31/12/2022
TIME CONSTRUCTION A/S (CVR 30719123) has filed annual accounts for 2022. In 2022, the company reported revenue of DKK 27,915,160 and a net result of DKK 1,106,403 compared with DKK 130,494 the year before. That is an increase of 232.2% compared with the year before. The profit margin was 4%. Equity in the 2022 report amounted to DKK 2,299,547. The solvency ratio was 29.7%. The company had 2 employees in the financial year.
- Revenue
- DKK 27,915,160
- Gross Profit
- DKK 1,692,262
- Profit/Loss
- DKK 1,106,403
- Equity
- DKK 2,299,547
- Total Assets
- DKK 7,741,090
- Employees
- 2
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2022 | 27.9 mio. | 1.7 mio. | 1.1 mio. | 2.3 mio. | 2 |
| 2021 | 8.4 mio. | 1.2 mio. | 130 t. | 1.2 mio. | 2 |
| 2020 | 21.2 mio. | 1.2 mio. | 231 t. | 1.1 mio. | 2 |
| 2019 | 8.8 mio. | -4.7 mio. | -5.8 mio. | -3.7 mio. | 2 |
| 2018 | 12.3 mio. | 1.5 mio. | 75 t. | 2.2 mio. | 2 |
Official annual report
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Set up monitoringEvents in 2022
TIME CONSTRUCTION A/S has published its annual report for 2021. Revenue came to DKK 8,401,902, and the net result was DKK 130,494.
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.