TIME DEVELOPMENT ApS: Financial statements 2021
CVR: 33358202
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
TIME DEVELOPMENT ApS (CVR 33358202) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 390,557 and a net result of DKK 235,961 compared with DKK 1,268,876 the year before. That is a decrease of 77.5% compared with the year before. Equity in the 2021 report amounted to DKK 3,601,011. The solvency ratio was 29.8%.
- Gross Profit
- DKK 390,557
- Profit/Loss
- DKK 235,961
- Equity
- DKK 3,601,011
- Total Assets
- DKK 12,076,596
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | 391 t. | 236 t. | 3.6 mio. | - |
| 2020 | - | 1.7 mio. | 1.3 mio. | 3.4 mio. | - |
| 2019 | - | 1.2 mio. | 483 t. | 2.1 mio. | - |
| 2018 | - | 1 mio. | 347 t. | 1.6 mio. | - |
| 2017 | - | 894 t. | 105 t. | 1.3 mio. | - |
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TIME DEVELOPMENT ApS has published its annual report for 2020. Gross profit came to DKK 1,732,241, and the net result was DKK 1,268,876.
About TIME DEVELOPMENT ApS
TIME DEVELOPMENT ApS is a Danish company of the type Anpartsselskab based in Odder, founded in 2010. The company is registered under the industry Gennemførelse af byggeprojekter. The management consists of Henning Farre Vestergaard. The company is owned by TIME GROUP A/S. In 2025, the company reported a gross profit of DKK 409,800 and a net result of DKK 240,995 compared with DKK 40,584 the year before. Equity in the 2025 report amounted to DKK 5,752,058.