TIMEWORK A/S

CVR 19986888 · Public limited company (A/S) · Active · Low risk

TIMEWORK A/S is a Public limited company (A/S), founded on 1 February 1997, based in Frederiksberg C. The company is registered in the industry andre it- og computerserviceaktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 237k and a net result of DKK 333k. CEO: Mette Møller Simonsen.

Bankruptcy risk for TIMEWORK A/S

0.2%

probability of bankruptcy within 12 months

Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×

RegionHovedstaden · bankruptcy rate 11.6%1.3×

CEO changes1 · bankruptcy rate 11.4%1.3×

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×

Municipality changes3+ · bankruptcy rate 10.6%1.2×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Company typeA/S · bankruptcy rate 4.4%0.50×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

Return on assets15%+ · bankruptcy rate 5.1%0.58×

Negative equityNo · bankruptcy rate 5.1%0.58×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number: 19986888
Status: Active
Company type: Public limited company (A/S)
Founded: 1 February 1997 (29 years)
Address: c/o Simonsen/Therkelsen, Kochsvej 6, 4. tv
1812 Frederiksberg C
Municipality: Frederiksberg
Industry: Andre IT- og computerserviceaktiviteter (629000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital: DKK 500k
Employees: 2 (2018)
Auditor: T. Rasmussen Revision Statsautoriseret Revisionsanpartsselskab
Audit opted out: Yes

Warning signs

Annual reports filed late	1 of 29
Missing annual report	No
Negative equity	No
Equity ratio	32.5%
Current ratio	148%
Moves (last 2 years)	0
CEO changes in total	1
CEO's previous bankruptcies	0
Other companies at the address	6
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK 443k	DKK 592k
Net profit	DKK 333k	DKK 340k
Equity	DKK 237k	DKK -95k
Total assets	DKK 730k	DKK 903k
Cash	DKK 730k	–
Short-term debt	DKK 493k	–
Tax owed	DKK 110k	–
Avg. employees	0	–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · T. Rasmussen Revision Statsautoriseret Revisionsanpartsselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	10 Apr 2026	100
1 Jan 2024 – 31 Dec 2024	5 Mar 2025	64
1 Jan 2023 – 31 Dec 2023	24 Apr 2024	115
1 Jan 2022 – 31 Dec 2022	10 Mar 2023	69
1 Jan 2021 – 31 Dec 2021	2 Mar 2022	61
1 Jan 2020 – 31 Dec 2020	19 Apr 2021	109
1 Jan 2019 – 31 Dec 2019	16 Apr 2020	107
1 Jan 2018 – 31 Dec 2018	22 Mar 2019	81
1 Jan 2017 – 31 Dec 2017	13 Mar 2018	72
1 Jan 2016 – 31 Dec 2016	31 May 2017	151
1 Jan 2015 – 31 Dec 2015	19 May 2016	140
1 Jan 2014 – 31 Dec 2014	28 May 2015	148
1 Jan 2013 – 31 Dec 2013	15 May 2014	135
1 Jan 2012 – 31 Dec 2012	2 Jun 2013	153
1 Jan 2011 – 31 Dec 2011	29 May 2012	150
1 Jan 2010 – 31 Dec 2010	31 May 2011	151
1 Jan 2009 – 31 Dec 2009	9 Jun 2010	160
1 Jan 2008 – 31 Dec 2008	7 Jun 2009	158
1 Jan 2007 – 31 Dec 2007	5 Jun 2008	157
1 Jan 2006 – 31 Dec 2006	4 Jun 2007	155

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

Role	Name	From	To
CEO	Mette Møller Simonsen	2 Jan 1997	Current
CEO	Steen Schierbeck	1 Feb 1997	2 Jan 1998
Board	Mette Møller Simonsen	29 Sep 1999	Current
Board	Henning Therkelsen	25 Jun 2001	Current
Board	Erik Møller-Simonsen	25 Jun 2001	Current
Board	Anders Lindvik	29 Sep 1999	25 Jun 2001
Owner (100%)	Inter Pares ApS	8 Mar 2018	Current
Owner (100%)	Mette Møller Simonsen	1 Feb 1997	8 Mar 2018
Auditor	DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB	2 Jan 1997	20 Jun 2011
Auditor	Carl Edvard Gudbergsen	1 Feb 1997	2 Jan 1998
Auditor	RK GODKENDT REVISIONSINTERESSENTSKAB	20 Jun 2011	14 Dec 2011
Auditor	T. RASMUSSEN REVISION STATSAUTORISERET REVISIONSANPARTSSELSKAB	14 Dec 2011	3 Mar 2025
Auditor	Egon Pedersen Revision, Statsautoriseret Revisionsanpartsselskab	1 Mar 2012	14 May 2014
Founder	ASX 9667 ApS	1 Feb 1997	Current

The CEOs' other companies

Mette Møller Simonsen – 2 other companies

CAREERSEARCH A/S Active
TIMEWORK A/S Opløst

Steen Schierbeck – 46 other companies, of which 46 bankrupt

19670643 A/S Bankrupt 4 Jul 2002
21113387 A/S Bankrupt 6 Nov 2002
2N HOLDING A/S Bankrupt 15 Feb 2006
2P FINANS ApS Bankrupt 31 Aug 2004
3D AF 21. DECEMBER A/S Bankrupt 23 Jan 2002
3J GROUP ApS Bankrupt 22 Mar 2011
3TOP DØRE OG VINDUER ApS Bankrupt 23 Feb 1999
A TO B STRATEGY & COMMUNICATION ApS Bankrupt 1 Jun 2010
A-L STÅL A/S Bankrupt 5 Oct 2009
A.A. ENTREPRISE ApS Bankrupt 26 Jan 1994
A.J. CONTAINER ApS Bankrupt 3 May 2013
A/S 22 AF 11. MARTS 2002 Bankrupt 21 Mar 2002
A/S AF 26. NOVEMBER 2008 Bankrupt 16 Dec 2008
ABBS HOLDING ApS Bankrupt 12 Nov 2002
AC ApS Bankrupt 15 Mar 2001
ACAK 5592 ApS Bankrupt 20 Jan 2012
ADAMFOOD A/S Bankrupt 28 Feb 2006
ADDITION/+ CONSULTING A/S Bankrupt 16 Mar 2020
ADEPT SCIENTIFIC A/S Bankrupt 5 Jan 2015
ADMINISTRATIONSSELSKABET AF 1. APRIL 1991 ApS Bankrupt 27 May 1993
ADVANTAGE INTERNATIONAL ApS Bankrupt 9 Mar 2000
AEH TRADING ApS Bankrupt 9 Oct 1996
AFRICAN ENERGY INVESTMENT A/S Bankrupt 15 Jul 2010
AFV AF 1/11 2000 ApS Bankrupt 16 Oct 2001
AFVIKLINGSELSKABET AF 26. SEPTEMBER 2003 A/S Bankrupt 26 Nov 2003
AFVIKLINGSSELSKABET AF 11. SEPTEMBER 2001 ApS Bankrupt 2 Oct 2001
AFVIKLINGSSELSKABET AF 20.DECEMBER2004 A/S Bankrupt 11 Jul 2005
AFVIKLINGSSELSKABET AF 28-12-07 ApS Bankrupt 20 Nov 2009
AFVIKLINGSSELSKABET AF 6. MARTS 2008 ApS Bankrupt 25 Mar 2008
AFVIKLINGSSELSKABET AF 8.2.1999 A/S Bankrupt 6 Jul 2000

Address history (5 moves)

6 Mar 2024	c/o Simonsen/Therkelsen, Kochsvej 6, 4. tv, 1812 Frederiksberg C
30 Mar 2017	Hollændervej 23B, 1855 Frederiksberg C
27 May 2002	Kochsvej 6, 4. tv, 1812 Frederiksberg C
13 May 2002	Hauser Plads 32, 2., 1127 København K
29 Sep 1999	Rathsacksvej 1, 3. th, 1862 Frederiksberg C
1 Feb 1997	Larsbjørnsstræde 5, 1454 København K

Former names

TIMEWORK A/S	1 Jan 2014 – now
TIMEWORK HOLDING A/S	29 Sep 1999 – 31 Dec 2013
TIMEWORK ApS	3 Jan 1998 – 28 Sep 1999
SCSK 2056 ApS	1 Feb 1997 – 2 Jan 1998

Employees per year

Other companies at the same address

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Questions and answers about TIMEWORK A/S

Has TIMEWORK A/S gone bankrupt?

No, TIMEWORK A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TIMEWORK A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of TIMEWORK A/S?

Mette Møller Simonsen is the CEO of TIMEWORK A/S.

Who is the auditor of TIMEWORK A/S?

TIMEWORK A/S most recently used T. Rasmussen Revision Statsautoriseret Revisionsanpartsselskab.

When was TIMEWORK A/S founded?

TIMEWORK A/S was founded on 1 February 1997.

What is the equity of TIMEWORK A/S?

Equity was DKK 237k according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.