TIMEXTENDER A/S
CVR 29216711 · Public limited company (A/S) · Active · Low risk
TIMEXTENDER A/S is a Public limited company (A/S), founded on , based in Aarhus C. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 35.0m and a net result of DKK -9.2m.
Bankruptcy risk for TIMEXTENDER A/S
0.4 × the average (1.41%) · higher risk than 60% 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
- 29216711
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (20 years)
- Address
- Mariane Thomsens Gade 4B, 3.
8000 Aarhus C - Municipality
- Aarhus
- Industry
- Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software - Share capital
- DKK 44.0m
- Employees
- 42 (2018)
- Auditor
- DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 20 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 15.9% |
| Current ratio | 12% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 9 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 37 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Revenue | DKK 83.9m | DKK 66.5m |
| Gross profit | DKK 51.5m | DKK 20.2m |
| Net profit | DKK -9.2m | DKK -38.4m |
| Equity | DKK 35.0m | DKK 44.2m |
| Total assets | DKK 220.1m | DKK 219.5m |
| Cash | DKK 187k | – |
| Short-term debt | DKK 132.0m | – |
| Avg. employees | 28 | – |
Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 138 | ||
| 1 Jan 2024 – 31 Dec 2024 | 125 | ||
| 1 Jan 2023 – 31 Dec 2023 | 94 | ||
| 1 Jul 2021 – 31 Dec 2022 | 153 | ||
| 1 Jul 2020 – 30 Jun 2021 | 149 | ||
| 1 Jul 2019 – 30 Jun 2020 | 153 | ||
| 1 Jul 2018 – 30 Jun 2019 | 142 | ||
| 1 Jul 2017 – 30 Jun 2018 | 153 | ||
| 1 Jul 2016 – 30 Jun 2017 | 150 | ||
| 1 Jul 2015 – 30 Jun 2016 | 154 | ||
| 1 Jul 2014 – 30 Jun 2015 | 149 | ||
| 1 Jul 2013 – 30 Jun 2014 | 150 | ||
| 1 Jul 2012 – 30 Jun 2013 | 131 | ||
| 1 Jul 2011 – 30 Jun 2012 | 134 | ||
| 1 Jul 2010 – 30 Jun 2011 | 153 | ||
| 1 Jul 2009 – 30 Jun 2010 | 139 | ||
| 1 Jul 2008 – 30 Jun 2009 | 146 | ||
| 1 Jul 2007 – 30 Jun 2008 | 150 | ||
| 1 Jul 2006 – 30 Jun 2007 | 163 | ||
| 23 Dec 2005 – 30 Jun 2006 | 128 |
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 | Heine Baden Krog Iversen | ||
| CEO | Klaus Termansen | ||
| CEO | Anne Sondrup Iversen | ||
| CEO | Thomas Gylling Loft | ||
| CEO | Klaus Vang | ||
| Board | Per Ivansson | Current | |
| Board | Thomas Bill | Current | |
| Board | Martin Henricson | Current | |
| Board | Heine Baden Krog Iversen | Current | |
| Board | Heine Baden Krog Iversen | ||
| Board | Anne Sondrup Iversen | ||
| Board | Enrico Krog Iversen | ||
| Board | Niels Bo Jørgensen | ||
| Board | Klaus Termansen | ||
| Board | Henning Krog-Iversen | ||
| Board | Anne Sondrup Iversen | ||
| Board | Carl-Gustav von Schimmelmann | ||
| Board | Clas Nylandsted Andersen | ||
| Board | Henning Krog-Iversen | ||
| Board | Heine Baden Krog Iversen | ||
| Board | Anne Sondrup Iversen | ||
| Board | Henning Krog-Iversen | ||
| Board | Birgit Krog-Iversen | ||
| Board | Jørn Uffe Bonnesen | ||
| Board | Torben Frigaard Rasmussen | ||
| Board | Christian Alexander Geertsen | ||
| Board | Heine Baden Krog Iversen | ||
| Board | Ragnar Þórir Guðgeirsson | ||
| Board | Alexandra Jane Bosson | ||
| Owner (100%) | TimeXtender Intressenter ApS | Current | |
| Owner (100%) | TIMEXTENDER HOLDING ApS | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Founder | TIMEXTENDER HOLDING ApS | Current |
The CEOs' other companies
Heine Baden Krog Iversen – 12 other companies
- EG NEOPROCESS A/S Fusioneret
- ExMon Software Denmark ApS Active
- Firstlight Holding ApS Active
- KROG IVERSEN HOLDING A/S Fusioneret
- LITTLE BEACON ApS Active
- Lernaura ApS Active
- REEFT A/S Active
- TIMEXTENDER CONSULTING A/S Fusioneret
- TIMEXTENDER GLOBAL SERVICES ApS Fusioneret
- TIMEXTENDER HOLDING ApS Active
- TIMEXTENDER NORDIC ApS Fusioneret
- TimeXtender Intressenter ApS Active
Klaus Termansen – 16 other companies, of which 4 bankrupt
- AQM MAXVAL A/S Bankrupt 23 Mar 2016
- MBL-LINE A/S Bankrupt 14 Aug 2012
- MJC METAL A/S Bankrupt 27 Jan 2023
- MPLAST PACKAGING ApS Bankrupt 19 Dec 2011
- BUSINESS BROKER A/S Active
- HEINSEN & AGGER ApS Opløst
- KT MANAGEMENT & CONSULTING ApS Active
- MVF 4 ApS Opløst
- PECUS INTERNATIONAL A/S Active
- PORC-EX A/S Active
- SMEDEMARK & SØRENSEN EL A/S Active
- Stamina A/S Active
- Swan Wash A/S Active
- TERMANSEN INVEST ApS Opløst
- TIMEXTENDER CONSULTING A/S Fusioneret
- TIMEXTENDER HOLDING ApS Active
Anne Sondrup Iversen – 5 other companies
- EG NEOPROCESS A/S Fusioneret
- Firstlight Holding ApS Active
- Souls at Work ApS Active
- TIMEXTENDER CONSULTING A/S Fusioneret
- TIMEXTENDER HOLDING ApS Active
Thomas Gylling Loft – 7 other companies
- Bauer Media ApS Active
- DEN BLÅ AVIS A/S Fusioneret
- EBAY CLASSIFIEDS DENMARK ApS Fusioneret
- M.O.M. HOLDING ApS Active
- MASCUS A/S Active
- MONO SOLUTIONS ApS Active
- Vend Marketplaces ApS Active
Klaus Vang – 1 other companies
- Vang Holding ApS Active
Address history (4 moves)
| Mariane Thomsens Gade 4B, 3., 8000 Aarhus C | |
| Hedeager 5, 8200 Aarhus N | |
| Bredskifte Allé 13, 2., 8210 Aarhus V | |
| Klamsagervej 35, 8230 Åbyhøj | |
| Middelfartvej 228, 5200 Odense V |
Employees per year
Other companies at the same address
- Datic ApS Bankrupt
- Pink Superhero SSG ApS Bankrupt
- 72 Ventures ApS Active
- AMBright A/S Active
- Arrangør ApS Active
- BasicXL ApS Opløst
- Better Visuals ApS Opløst
- Bright Equity ApS Active
- CAME DANMARK A/S Active
- CHARM ApS Active
- Cecilie Rosendal Holding ApS Opløst
- Companyons ApS Active
- Companyons Holding ApS Active
- Converta Partners ApS Active
- DISCUS A/S Active
- Edwin Workspace ApS Active
- ExMon Software Denmark ApS Active
- Fellow Workspace ApS Active
- INNO3 ApS Active
- Informateq ApS Active
- KL26 ApS Active
- KONKRET HR ApS Active
- Knowledge Factory ApS Active
- LEAD - ENTER NEXT LEVEL A/S Active
- MICHAEL MOTZFELDT HOLDING ApS Active
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Questions and answers about TIMEXTENDER A/S
Has TIMEXTENDER A/S gone bankrupt?
No, TIMEXTENDER A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of TIMEXTENDER A/S?
Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the auditor of TIMEXTENDER A/S?
TIMEXTENDER A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was TIMEXTENDER A/S founded?
TIMEXTENDER A/S was founded on 23 December 2005.
What is the equity of TIMEXTENDER A/S?
Equity was DKK 35.0m 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.