Owners, management and financials
CVR: 40143920
Previous names: Time Change Nordics IVS, TCN Services IVS, Time Change Nordics IVS
DKK 9,387,883
Gross profit
Net result: DKK -1,078,430
Flavius Daniel Chilcos (100%)
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Flavius Daniel Chilcos
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Active
Founded 4 January 2019
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224 employees
CVR · 2026
Name registered: Time Change Nordics ApS
CVR · 24/08/2020
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Time Change Nordics ApS is a Danish company of the type Anpartsselskab based in København S, founded in 2019. The company is registered under the industry Rejsearrangørers aktiviteter. The company was previously named Time Change Nordics IVS and TCN Services IVS. The management consists of Flavius Daniel Chilcos. The company is owned by Flavius Daniel Chilcos. The company has 224 employees (2026). In 2025, the company reported a gross profit of DKK 9,387,883 and a net result of DKK -1,078,430 compared with DKK -1,637,454 the year before. Equity in the 2025 report amounted to DKK -2,428,528.
Source: annual report 2025, Danish Business Authority
The financial health of Time Change Nordics ApS shows a concerning trajectory, with fluctuating gross profits and a recent return to profitability in 2023. Gross profit increased from 506,627 DKK in 2021 to 9,387,883 DKK in 2025, but the company reported losses in both 2024 and 2025, indicating instability. Equity has deteriorated significantly, moving from -532,432 DKK in 2021 to -2,428,528 DKK in 2025, raising concerns about long-term sustainability. Despite these challenges, the company has demonstrated growth in gross profit, suggesting potential for recovery if operational efficiencies can be improved. As a relatively new entrant in the travel agency sector, Time Change Nordics ApS must address its equity and profitability issues to strengthen its position in the industry.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at drive virksomhed med planlægning og salg af rejser, ture og events samt enhver i forbindelse hermed stående virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 9.4 mio. | -1.1 mio. | 2.6 mio. | -2.4 mio. | 11 | |
| 202401/01/2024 – 31/12/2024 | 8.3 mio. | -1.6 mio. | 2.5 mio. | -1.4 mio. | 10 | |
| 202301/01/2023 – 31/12/2023 | 5.8 mio. | 630 t. | 3.9 mio. | 287 t. | 7 | |
| 202201/01/2022 – 31/12/2022 | 3.4 mio. | 190 t. | 3.1 mio. | -343 t. | 4 | |
| 202101/01/2021 – 31/12/2021 | 507 t. | -283 t. | 676 t. | -532 t. | 2 | |
| 202001/01/2020 – 31/12/2020 | 144 t. | -322 t. | 207 t. | -249 t. | 3 | |
| 201904/01/2019 – 31/12/2019 | 3.2 mio. | 33 t. | 1.4 mio. | 33 t. | 6 |
Compared to 330 companies in Rejsearrangørers aktiviteter
Comparison is based on industry median values
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Try the lead list generatorThe CVR number of Time Change Nordics ApS is 40143920.
Time Change Nordics ApS is owned by Flavius Daniel Chilcos.
The management of Time Change Nordics ApS consists of Flavius Daniel Chilcos.
In 2025, Time Change Nordics ApS reported a gross profit of DKK 9,387,883.
Time Change Nordics ApS had 224 employees in 2026 according to the Danish CVR register.
Time Change Nordics ApS was founded on 4 January 2019.
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Time Change Nordics ApS has published its annual report for 2025. Gross profit came to DKK 9,387,883, and the net result was DKK -1,078,430.
Time Change Nordics ApS has published its annual report for 2024. Gross profit came to DKK 8,329,520, and the net result was DKK -1,637,454.
Time Change Nordics ApS has published its annual report for 2023. Gross profit came to DKK 5,762,849, and the net result was DKK 630,198.
Time Change Nordics ApS has published its annual report for 2022. Gross profit came to DKK 3,391,145, and the net result was DKK 189,589.
Time Change Nordics ApS has published its annual report for 2021. Gross profit came to DKK 506,627, and the net result was DKK -283,345.
Time Change Nordics ApS has published its annual report for 2020. Gross profit came to DKK 143,792, and the net result was DKK -321,746.
On August 24, 2020, the company changed its name from Time Change Nordics IVS to Time Change Nordics ApS.
Time Change Nordics ApS has published its annual report for 2019. Gross profit came to DKK 3,197,571, and the net result was DKK 32,659.
On July 28, 2020, the company changed its name from TCN Services IVS to Time Change Nordics IVS.
On January 25, 2019, the company changed its name from Time Change Nordics IVS to TCN Services IVS.
As of January 4, 2019, Flavius Daniel Chilcos is registered as director of Time Change Nordics ApS.
As of January 4, 2019, Flavius Daniel Chilcos is registered as an owner of Time Change Nordics ApS with an ownership share of 100%.
Time Change Nordics ApS was founded on January 4, 2019.
Uneven Bits ApS is an independent IT consultancy founded and operated by Klaus Byskov Pedersen. With deep expertise in software architecture and systems design, I help organizations build robust, scalable, and maintainable technical solutions. Whether you need strategic guidance on technology decisions, hands-on architecture work, or help navigating complex technical challenges, I bring focused expertise and a practical approach to every engagement.
Selskabets formål er IT- og kommunikationsvirksomhed samt virksomhed i øvrigt, der efter bestyrelsens skøn står i forbindelse hermed.
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
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