TIMEXTENDER HOLDING ApS

CVR 27635091 · Private limited company (ApS) · Active · Medium risk

TIMEXTENDER HOLDING ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry ikke-finansielle holdingselskaber. 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. The latest annual report (31 Dec 2025) shows equity of DKK 49.5m and a net result of DKK -6.0m.

Bankruptcy risk for TIMEXTENDER HOLDING ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
27635091
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Address
c/o Heine Iversen, Vesterbrogade 82, 2. th
1620 København V
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 35.3m
Employees
1 (2007)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 22
Missing annual reportNo
Negative equityNo
Equity ratio49.8%
Current ratio0%
Moves (last 2 years)2
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -18kDKK -19k
Net profitDKK -6.0mDKK -1.3m
EquityDKK 49.5mDKK 55.6m
Total assetsDKK 99.5mDKK 99.5m
CashDKK 59–
Short-term debtDKK 50.0m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023180
1 Jul 2021 – 31 Dec 2022181
1 Jul 2020 – 30 Jun 2021149
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019142
1 Jul 2017 – 30 Jun 2018153
1 Jul 2016 – 30 Jun 2017150
1 Jul 2015 – 30 Jun 2016153
1 Jul 2014 – 30 Jun 2015149
1 Jul 2013 – 30 Jun 2014151
1 Jul 2012 – 30 Jun 2013131
1 Jul 2011 – 30 Jun 2012134
1 Jul 2010 – 30 Jun 2011153
1 Jul 2009 – 30 Jun 2010139
1 Jul 2008 – 30 Jun 2009146
1 Jul 2007 – 30 Jun 2008150
1 Jul 2006 – 30 Jun 2007163
1 Jul 2005 – 30 Jun 2006128

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
CEOHeine Baden Krog Iversen
CEOBirgit Krog-Iversen
BoardHenning Krog-Iversen
BoardHeine Baden Krog Iversen
BoardAnne Sondrup Iversen
BoardEnrico Krog Iversen
BoardNiels Bo Jørgensen
BoardKlaus Termansen
BoardAnne Sondrup Iversen
BoardClas Nylandsted Andersen
BoardCarsten Lindgaard
BoardHeine Baden Krog Iversen
BoardHenning Krog-Iversen
BoardBirgit Krog-Iversen
BoardHeine Baden Krog Iversen
BoardJørn Uffe Bonnesen
BoardTorben Frigaard Rasmussen
BoardJørn Uffe Bonnesen
BoardChristian Alexander Geertsen
Owner (100%)Fortuity ApSCurrent
Owner (25%)HKI Holding ApS
Owner (20%)HKI HOLDING ApS
Owner (33%)Fortuity ApS
Owner (33%)HKI Holding ApS
Owner (10%)BKI HOLDING ApS
Owner (15%)HKI HOLDING ApS
Owner (15%)BKI HOLDING ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorRath & Knudsen Statsautoriserede revisorer interessentskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderFortuity ApSCurrent

The CEOs' other companies

Heine Baden Krog Iversen – 12 other companies

Birgit Krog-Iversen – 9 other companies

Address history (8 moves)

c/o Heine Iversen, Vesterbrogade 82, 2. th, 1620 København V
Dreyersvej 39, 2960 Rungsted Kyst
Mariane Thomsens Gade 4B, 3., 8000 Aarhus C
Hedeager 5, 8200 Aarhus N
Bredskifte Allé 13, 2., 8210 Aarhus V
Klamsagervej 35, 8230 Åbyhøj
Kamgårdsvej 33, 5690 Tommerup
Kamgårdsvej 33, 5690 Tommerup
Pederstrupvej 2B, 5210 Odense NV

Former names

TIMEXTENDER HOLDING ApS – now
NEOVISION IT ApS –

Employees per year

Number of employees at TIMEXTENDER HOLDING ApS per year112004: 120042007: 12007

Other companies at the same address

Similar companies in København

Questions and answers about TIMEXTENDER HOLDING ApS

Has TIMEXTENDER HOLDING ApS gone bankrupt?

No, TIMEXTENDER HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TIMEXTENDER HOLDING 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 auditor of TIMEXTENDER HOLDING ApS?

TIMEXTENDER HOLDING ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TIMEXTENDER HOLDING ApS founded?

TIMEXTENDER HOLDING ApS was founded on 10 March 2004.

What is the equity of TIMEXTENDER HOLDING ApS?

Equity was DKK 49.5m 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.