CVR 33358202Private limited company (ApS)Gennemførelse af byggeprojekter (681200)OdderFounded 30 Nov 2010
CVR holds no employment figures for this company.
Dandex has recorded no changes to this company since it began following the register.
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about TIME DEVELOPMENT ApS, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexGross profit
409.8K
DKK, annual report 2025
+78.3% on 2024
Result
+241K
DKK, annual report 2025
Equity
5.8M
DKK, annual report 2025
TIME GROUP A/SCVR 30719042, 100% of capital and votes, since 30 Nov 2010
Henning Farre Vestergaardsince 15 Dec 2010
CVR 30719042100% of capital and votessince 30 Nov 2010
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
50% to under 66.7% of capital, 33.3% to under 50% of votesnotified 16 Aug 20191 Jul 2015 to 16 Aug 2019
Ultimate controller
Holds 100% of capital and votes in HENNING F. VESTERGAARD HOLDING ApS, since 2 Jul 2007
Holding company
HENNING F. VESTERGAARD HOLDING ApS
CVR 30703375Private limited company (ApS)
Holds 50% to under 66.7% of capital and 100% of votes in TIME GROUP A/S, since 23 Dec 2010
Holding company
CVR 30719042Public limited company (A/S)
Holds 100% of capital and votes in TIME DEVELOPMENT ApS, since 30 Nov 2010
This company
TIME DEVELOPMENT ApS
CVR 33358202
TIME DEVELOPMENT ApS holds no Danish company now.
Found by searching the CVR owner register (ejerregister) for TIME DEVELOPMENT ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.
CVR 3235471850% to under 66.7% of capital and votes21 Mar 2014 to 19 Dec 2022
CVR 3582287933.3% to under 50% of capital and votes21 Mar 2014 to 19 Dec 2022
CVR records founders at incorporation. It does not record whether they are alive or still involved.
30 Nov 2010 to 4 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross profit | 391 | 424 | 312 | 230 | 410 |
| Operating profit | +324 | +358 | +245 | +163 | +346 |
| Result for the year | +236 | +1,767 | +103 | +41 | +241 |
| Equity | 3,601 | 5,368 | 5,470 | 5,511 | 5,752 |
| Total assets | 12,077 | 11,409 | 10,901 | 10,853 | 10,201 |
| Employees (average) | Not reported | Not reported | Not reported | Not reported | 0 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | -77.5% | 8.6% | -26.5% | -26.2% | 78.3% |
| EBITDA | 391 | 424 | 312 | 230 | 410 |
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) | 100% | 100% | 100% | 100% | 100% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | 4,287 | 2,967 | 3,324 | 3,119 | 2,070 |
| Gearing, NIBD / EBITDA | 11x | 7x | 10.7x | 13.6x | 5.1x |
| ROIC (afkast af investeret kapital) | 3.4% | 3.4%note 1 | 2% | 1.5%note 1 | 4% |
| Capex (investeringer i anlægsaktiver) | 0note 2 | 0note 2 | 0note 2 | 0note 2 | Not reportednote 3 |
| NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender) | 8,220 | 4,785 | 3,999 | 3,931 | 1,321 |
DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may. No cash flow statement filed (class A and B are exempt).
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 2 Jul 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 1 Jul 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 28 Jun 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 28 Jun 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 7 Jul 2022
Each registered value from the day it took effect, newest first.
From CVR, read 4 Nov 2026. Text such as the signing rule and purpose is shown as registered.
7 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.
Ny adresse: c/o Henning Farre Vestergaard, Rønhøjs Ager 44, 8300 Odder
Ny kommune: Odder
Ny adresse: c/o Henning Farre Vestergaard, Fløjstrupvej 31, 8340 Malling
Ny kommune: Århus
Revision:
Fratrådte:
null, den 05.05.2017.
Tiltrådte:
CVR-NR. 30700228 ERNST & YOUNG Godkendt Revisionspartnerselskab, Værkmestergade 25, 8000 Aarhus C, den 05.05.2017.
Vedtægter ændret:
03.05.2012.
Nyt navn:
TIME DEVELOPMENT ApS.
Ny adresse:
c/o Time Group A/S, Ellemosen 1C, 8680 Ry.
Vedtægter ændret:
15.12.2010.
Ny adresse:
c/o Time Gorup A/S, Ellemosen 1C, 8680 Ry.
Ny kommune:
Skanderborg.
Direktion:
Udtrådt af direktionen:
Jimmi Grouleff, den 15.12.2010, Lars Egebjerg Pontoppidan, den 15.12.2010.
Indtrådt i direktionen:
Bygningsing Henning Farre Vestergaard, den 15.12.2010.
Selskabet tegnes af en direktør.
Revision:
Udtrådt af revisionen:
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB, den 15.12.2010.
Indtrådt i revisionen:
KPMG STATSAUTORISERET REVISIONSPARTNERSELSKAB, Værkmestergade 25, postboks 330, 8100 Århus C, den 15.12.2010.
Stiftelsesdato:
30.11.2010.
Seneste vedtægtsdato:
30.11.2010.
Kapital:
kr. 81.000,00.
Indbetalingsmåde:
kontant kr. 81.000,00 til kurs 100,00.
Stiftere:
CVR-NR. 27608337 LP INVEST SILKEBORG ApS, Chr.Winthers Vej 15, 8600 Silkeborg, den 30.11.2010, CVR-NR. 33357869 JGHL INVEST ApS, c/o Henrik Bæk Lauridsen, Ketting Parkvej 51, 8462 Harlev J, den 30.11.2010.
Direktion:
Direktør Jimmi Grouleff, den 30.11.2010, Direktør Lars Egebjerg Pontoppidan, den 30.11.2010.
Selskabet tegnes af direktionen.
Revision:
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB, Jens Chr. Skous Vej 1, 8000 Århus C, den 30.11.2010.
Første regnskabsår:
30.11.2010 - 31.12.2011.
Regnskabsår:
01.01 - 31.12.
1 registered in CVR.
P-number 1016483180Rønhøjs Ager 44, 8300 Odder
