Time Solution ApS: Financial statements 2020
CVR: 38010948
Source: annual report 2020, Danish Business Authority
01/10/2019 – 30/09/2020
Time Solution ApS (CVR 38010948) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 2,177,872 and a net result of DKK 571,019 compared with DKK -592,584 the year before. That is an increase of 114.5% compared with the year before. Equity in the 2020 report amounted to DKK 70,646. The solvency ratio was 5.4%. The company had 3 employees in the financial year.
- Gross Profit
- DKK 2,177,872
- Profit/Loss
- DKK 571,019
- Equity
- DKK 70,646
- Total Assets
- DKK 1,320,335
- Employees
- 3
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 2.2 mio. | 571 t. | 71 t. | 3 |
| 2019 | - | 1 mio. | -593 t. | -500 t. | 3 |
| 2018 | - | 1 mio. | 21 t. | 92 t. | 2 |
| 2017 | - | 36 t. | 21 t. | 71 t. | - |
Official annual report
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Time Solution ApS has published its annual report for 2019. Gross profit came to DKK 1,015,239, and the net result was DKK -592,584.
About Time Solution ApS
Time Solution ApS was a Danish company of the type Anpartsselskab based in Frederiksberg C, founded in 2016. The company has been dissolved on 27 January 2026. The company was registered under the industry Detailhandel med byggematerialer og værktøj. The company has 2 employees (2023). In 2023, the company reported a gross profit of DKK 420,829 and a net result of DKK -141,972 compared with DKK -30,887 the year before. Equity in the 2023 report amounted to DKK -136,302.
