Timber Team Racing ApS: Financial statements 2020
CVR: 40217649
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Timber Team Racing ApS (CVR 40217649) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 57,500 and a net result of DKK -9,672 compared with DKK 13,451 the year before. That is a decrease of 4.2% compared with the year before. The profit margin was -16.8%. Equity in the 2020 report amounted to DKK 102,402. The solvency ratio was 100%.
- Revenue
- DKK 57,500
- Gross Profit
- DKK -9,672
- Profit/Loss
- DKK -9,672
- Equity
- DKK 102,402
- Total Assets
- DKK 102,402
Official annual report
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Timber Team Racing ApS has published its annual report for 2019. Revenue came to DKK 60,000, and the net result was DKK 13,451.
About Timber Team Racing ApS
Timber Team Racing ApS is a Danish company of the type Anpartsselskab based in Karlslunde, founded in 2019. The company is registered under the industry Udlejning og leasing af varer til fritid og sport. The management consists of Kim Sunesen and Niels Bock-Pedersen. The company is owned by Niels Bock-Pedersen and Kim Sunesen. According to the 2024 annual report, the company had an average of 1 employee. In 2025, the company reported a gross profit of DKK -31,884 and a net result of DKK -33,119 compared with DKK -4,383 the year before. Equity in the 2025 report amounted to DKK 68,177.