TIMELINE ApS
CVR 27444954 · Private limited company (ApS) · Active · Medium risk
TIMELINE ApS is a Private limited company (ApS), founded on , based in Helsingør. The company is registered in the industry grafisk design og visuel kommunikation. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -392k and a net result of DKK 117k. CEO: Lars Nicolai Grønlund.
Bankruptcy risk for TIMELINE ApS
1.4 × the average (1.41%) · higher risk than 82% of active Danish companies
Increases the risk
Reduces the risk
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
- 27444954
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (22 years)
- Address
- c/o Lars Nicolai Grønlund, Hauchsvej 2
3000 Helsingør - Municipality
- Helsingør
- Industry
- Grafisk design og visuel kommunikation (741200)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n. - Share capital
- DKK 40k
- Employees
- 3 (2018)
- Auditor
- JS Revision Godkendt Revisionsaktieselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 2 of 22 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -478.4% |
| Current ratio | 17% |
| Moves (last 2 years) | 2 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 0 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 165k | DKK 68k | DKK 156k |
| Net profit | DKK 117k | DKK -160k | DKK -119k |
| Equity | DKK -392k | DKK -508k | DKK -348k |
| Total assets | DKK 82k | DKK 42k | DKK 202k |
| Cash | DKK 28k | DKK 23k | – |
| Short-term debt | DKK 473k | DKK 550k | – |
| Avg. employees | 1 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · JS Revision Godkendt Revisionsaktieselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 160 | ||
| 1 Jan 2024 – 31 Dec 2024 | 161 | ||
| 1 Jan 2023 – 31 Dec 2023 | 176 | ||
| 1 Jan 2022 – 31 Dec 2022 | 177 | ||
| 1 Jan 2021 – 31 Dec 2021 | 166 | ||
| 1 Jan 2020 – 31 Dec 2020 | 167 | ||
| 1 Jan 2019 – 31 Dec 2019 | 216 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 148 | ||
| 1 Jan 2017 – 31 Dec 2017 | 152 | ||
| 1 Jan 2016 – 31 Dec 2016 | 151 | ||
| 1 Jan 2015 – 31 Dec 2015 | 149 | ||
| 1 Jan 2014 – 31 Dec 2014 | 154 | ||
| 1 Jan 2013 – 31 Dec 2013 | 149 | ||
| 1 Jan 2012 – 31 Dec 2012 | 150 | ||
| 1 Jan 2011 – 31 Dec 2011 | 169 | ||
| 1 Jan 2010 – 31 Dec 2010 | 156 | ||
| 1 Jan 2009 – 31 Dec 2009 | 195 | Late | |
| 1 Jan 2008 – 31 Dec 2008 | 167 | ||
| 1 Jan 2007 – 31 Dec 2007 | 171 | ||
| 1 Jan 2006 – 31 Dec 2006 | 164 |
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 | Lars Nicolai Grønlund | Current | |
| Board | Kim Madsen | ||
| Board | Helle Garde Carlsen | ||
| Board | Annemette Heller | ||
| Board | Hanne Jensen Grønlund | ||
| Board | Henrik Ravn | ||
| Board | Lars Nicolai Grønlund | ||
| Board | Jan Rene Reipuert Christiansen | ||
| Board | Peter Schradieck | ||
| Board | Masoud Alavi | ||
| Board | Henrik Hancke Nielsen | ||
| Board | Mikkel Bethlowsky Rasmussen | ||
| Board | Lars Grarup | ||
| Board | Patrick Michael Isaak | ||
| Board | Rita Aase Kjær | ||
| Owner (100%) | TIMELINE PRODUCTION ApS | Current | |
| Owner (100%) | Lars Nicolai Grønlund | ||
| Auditor | ERNST & YOUNG DENMARK P/S | ||
| Auditor | I/S AF 17. OKTOBER, STATSAUTORISEREDE REVISORER | ||
| Auditor | Green IV ApS | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | JS Revision ApS | ||
| Founder | ApS KBUS 38 nr.3117 | Current |
The CEOs' other companies
Lars Nicolai Grønlund – 1 other companies
- TIMELINE PRODUCTION ApS Active
Address history (6 moves)
| c/o Lars Nicolai Grønlund, Hauchsvej 2, 3000 Helsingør | |
| c/o Cactus Data ApS, Østersøvej 28A, 2150 Nordhavn | |
| c/o Cactus Data ApS, Kalkbrænderiløbskaj 4A, st., 2100 København Ø | |
| c/o Lars Nicolai Grønlund, Sturlasgade 12E, 1., 2300 København S | |
| Sturlasgade 12N, 2300 København S | |
| Sturlasgade 12K, 1., 2300 København S | |
| Kronprinsessegade 18, 1306 København K |
Former names
| TIMELINE ApS | – now |
| TIMELINE A/S | – |
| A/S PSE 17 NR. 1393 | – |
Employees per year
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Questions and answers about TIMELINE ApS
Has TIMELINE ApS gone bankrupt?
No, TIMELINE ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of TIMELINE ApS?
Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.
Who is the CEO of TIMELINE ApS?
Lars Nicolai Grønlund is the CEO of TIMELINE ApS.
Who is the auditor of TIMELINE ApS?
TIMELINE ApS most recently used JS Revision Godkendt Revisionsaktieselskab.
When was TIMELINE ApS founded?
TIMELINE ApS was founded on 20 November 2003.
What is the equity of TIMELINE ApS?
Equity was DKK -392k 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.