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Time Solution ApS
APS
Bankrupt
CVR 38010948
Vesterbrogade 208
Retail sale of hardware, building materials, paints and glass · NACE 4752
Est. 2016
2 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2023
DKK 421K
-57% vs 2022
EBITDA margin
-41.2%
-919% vs 2022
Equity ratio
-21.1%
Financial strength
Net profit 2023
DKK -142K
-360% vs 2022
EBITDA — year on year
DKK millions
0M
0M
1M
1M
1M
0M
2017
0M
0%
2018
0M
0%
2019
1M
+100%
2020
0M
-100%
2021
0M
0%
2022
0M
0%
2023
Key figures
Annual report 2023
Revenue
DKK 421K
-57%
EBITDA
DKK -173K
-919%
Net profit
DKK -142K
-360%
Total assets
DKK 646K
-21%
Equity
DKK -136K
-2504%
Employees
2
—
Company information
Legal name
Time Solution ApS
CVR number
38010948
Legal form
Anpartsselskab
NACE code
4752 · Retail sale of hardware, building materials, paints and glass
Founded
15. september 2016
Share capital
DKK 50.000
Employees
2 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-09-30
Financial year
January – December
Signatory rights
Virksomheden tegnes af en likvidator
Contact
Address
Vesterbrogade 208
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Companies in Retail sale of hardware, building materials, paints and glass
Companies in Frederiksberg
All Denmark companies
Revenue
DKK millions
0M
1M
1M
2M
2M
0M
2017
1M
2018
1M
2019
2M
2020
1M
2021
1M
2022
0M
2023
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2017
0M
2018
0M
2019
1M
2020
0M
2021
0M
2022
0M
2023
Income statement
DKK thousands
Item
2017
2018
2019
2020
2021
2022
2023
Revenue
36
1.016
1.015
2.178
1.299
972
421
Staff expenses
-0
-942
-918
-1.362
-1.285
-989
-594
EBITDA
36
73
98
816
14
-17
-173
Depreciation & amort.
-0
-8
-16
-18
-18
-10
-3
EBIT
36
66
82
798
-4
-27
-176
Net financials
-7
-15
-659
-49
-28
-9
-1
Profit before tax
29
50
-577
750
-32
-35
-178
Tax
8
29
15
179
2
-5
-36
Net profit
21
21
-593
571
-34
-31
-142
Balance sheet
DKK thousands
Item
2017
2018
2019
2020
2021
2022
2023
Total assets
414
1.162
278
1.320
1.390
813
646
Equity
71
92
-500
71
37
6
-136
Long-term debt
0
0
0
0
0
0
0
Short-term debt
343
1.064
768
1.237
1.339
804
782
Total debt
343
1.064
768
1.237
1.339
804
782
Financial ratios
5-year trend
EBITDA margin
-41.2%
This company
15.8%
Market median
-361% vs market
2017
2023
Equity ratio
-21.1%
This company
38.2%
Market median
-155% vs market
2017
2023
Return on equity
-14197200.0%
This company
18.4%
Market median
-77158796% vs market
2017
2023
Net profit margin
-33.7%
This company
8.1%
Market median
-516% vs market
2017
2023
Asset turnover
0.65×
This company
1.12×
Market median
-42% vs market
2017
2023
Debt / equity
5.74×
This company
0.62×
Market median
-826% vs market
2017
2023
Annual reports & filings
Annual report 2023
Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-10-01 – 2020-09-30
View
PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-10-01 – 2019-09-30
View
PDF
Annual report 2018
Filed via CVR / Virk · Period 2017-10-01 – 2018-09-30
View
PDF
Annual report 2017
Filed via CVR / Virk · Period 2016-09-15 – 2017-09-30
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
GS
Gunvor Sundgaard Happe
Unofficial title
Unofficial title
2025
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Johnni Hanson
Individual
100.0%
100.0%
2016
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of Time Solution ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Gunvor Sundgaard Happe
Unofficial title
0 companies