Timber Team Racing ApS: Financial statements 2023
CVR: 40217649
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
Timber Team Racing ApS (CVR 40217649) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 97,000 and a net result of DKK 3,807 compared with DKK 114 the year before. That is an increase of 708.3% compared with the year before. The profit margin was 3.9%. Equity in the 2023 report amounted to DKK 105,046. The solvency ratio was 100%.
- Revenue
- DKK 97,000
- Gross Profit
- DKK 3,819
- Profit/Loss
- DKK 3,807
- Equity
- DKK 105,046
- Total Assets
- DKK 105,046
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | 97K | 4K | 4K | 105K | - |
| 2022 | 12K | 150 | 114 | 101K | - |
| 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 2022. Revenue came to DKK 12,000, and the net result was DKK 114.
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.