Timber Team Racing ApS: Financial statements 2021
CVR: 40217649
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
Timber Team Racing ApS (CVR 40217649) has filed annual accounts for 2021. In 2021, the company reported revenue of DKK 20,000 and a net result of DKK -1,278 compared with DKK -9,672 the year before. That is a decrease of 65.2% compared with the year before. The profit margin was -6.4%. Equity in the 2021 report amounted to DKK 101,124. The solvency ratio was 99.6%.
- Revenue
- DKK 20,000
- Gross Profit
- DKK -1,154
- Profit/Loss
- DKK -1,278
- Equity
- DKK 101,124
- Total Assets
- DKK 101,558
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | 20K | -1K | -1K | 101K | - |
| 2020 | 58K | -10K | -10K | 102K | - |
| 2019 | 60K | 30K | 13K | 117K | - |
Official annual report
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Timber Team Racing ApS has published its annual report for 2020. Revenue came to DKK 57,500, and the net result was DKK -9,672.
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.