TIME SOLUTION SCANDINAVIA ApS

CVR 21729248 · Private limited company (ApS) · Active · Low risk

TIME SOLUTION SCANDINAVIA ApS is a Private limited company (ApS), founded on , based in Holte. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK 1.4m and a net result of DKK 288k. CEO: Julius Schmidt.

Bankruptcy risk for TIME SOLUTION SCANDINAVIA ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
21729248
Status
Active
Company type
Private limited company (ApS)
Founded
(27 years)
Address
c/o Julius Schmidt, Vejlesøparken 21, 2. th
2840 Holte
Municipality
Rudersdal
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 125k
Employees
0 (2018)
Auditor
STRYHN & HARDER ApS
Audit opted out
No

Warning signs

Annual reports filed late0 of 27
Missing annual reportNo
Negative equityNo
Equity ratio70.9%
Current ratio411%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 1.3mDKK 1.9mDKK 589k
Net profitDKK 288kDKK 971kDKK 114k
EquityDKK 1.4mDKK 2.1mDKK 2.2m
Total assetsDKK 2.0mDKK 5.1mDKK 3.3m
CashDKK 1.4mDKK 4.9m–
Short-term debtDKK 489kDKK 2.8m–
Tax owedDKK 65k––
Avg. employees11–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202670
1 Jul 2024 – 30 Jun 202588
1 Jul 2023 – 30 Jun 2024124
1 Jul 2022 – 30 Jun 2023137
1 Jul 2021 – 30 Jun 2022155
1 Jul 2020 – 30 Jun 2021134
1 Jul 2019 – 30 Jun 2020146
1 Jul 2018 – 30 Jun 201972
1 Jul 2017 – 30 Jun 2018126
1 Jul 2016 – 30 Jun 2017154
1 Jul 2015 – 30 Jun 2016153
1 Jul 2014 – 30 Jun 2015150
1 Jul 2013 – 30 Jun 2014148
1 Jul 2012 – 30 Jun 2013150
1 Jul 2011 – 30 Jun 2012148
1 Jul 2010 – 30 Jun 2011164
1 Jul 2009 – 30 Jun 2010161
1 Jul 2008 – 30 Jun 2009140
1 Jul 2007 – 30 Jun 2008150
1 Jul 2006 – 30 Jun 2007134

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

RoleNameFromTo
CEOJulius SchmidtCurrent
Owner (100%)Julius SchmidtCurrent
AuditorSTRYHN & HARDER ApSCurrent
AuditorREVIPRO A/S
FounderJulius SchmidtCurrent

The CEOs' other companies

Julius Schmidt – 1 other companies, of which 1 bankrupt

Address history (3 moves)

c/o Julius Schmidt, Vejlesøparken 21, 2. th, 2840 Holte
Rudegårds Alle 26, 2840 Holte
Fredsvej 12, 2840 Holte
Fredsvej 12, 2840 Holte

Former names

TIME SOLUTION SCANDINAVIA ApS – now
INVESTCONSULT ApS –
IT PRINT HOLTE ApS –
INVESTCONSULT ApS –

Employees per year

Number of employees at TIME SOLUTION SCANDINAVIA ApS per year112005: 120052008: 020082009: 020092014: 020142015: 020152016: 020162017: 020172018: 02018

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about TIME SOLUTION SCANDINAVIA ApS

Has TIME SOLUTION SCANDINAVIA ApS gone bankrupt?

No, TIME SOLUTION SCANDINAVIA ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TIME SOLUTION SCANDINAVIA ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TIME SOLUTION SCANDINAVIA ApS?

Julius Schmidt is the CEO of TIME SOLUTION SCANDINAVIA ApS.

Who is the auditor of TIME SOLUTION SCANDINAVIA ApS?

TIME SOLUTION SCANDINAVIA ApS most recently used STRYHN & HARDER ApS.

When was TIME SOLUTION SCANDINAVIA ApS founded?

TIME SOLUTION SCANDINAVIA ApS was founded on 1 June 1999.

What is the equity of TIME SOLUTION SCANDINAVIA ApS?

Equity was DKK 1.4m according to the annual report for the period ending 30 June 2026.

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