PRESENT TIME SCANDINAVIA ApS

CVR 29307059 · Private limited company (ApS) · Active · Low risk

PRESENT TIME SCANDINAVIA ApS is a Private limited company (ApS), founded on , based in Ålsgårde. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.9m and a net result of DKK -105k. CEO: Birger Nielsen.

Bankruptcy risk for PRESENT TIME SCANDINAVIA ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
29307059
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
c/o birger nielsen, Odinshøjvej 34
3140 Ålsgårde
Municipality
Helsingør
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Employees
0 (2016)
Auditor
PROFIL REVISION
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 20
Missing annual reportNo
Negative equityNo
Equity ratio92.5%
Current ratio–
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -10kDKK -76k
Net profitDKK -105kDKK -240k
EquityDKK 1.9mDKK 2.2m
Total assetsDKK 2.1mDKK 2.3m
CashDKK 2.1m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PROFIL REVISION.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019261 Late
1 Jan 2018 – 31 Dec 2018141
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015169
1 Jan 2014 – 31 Dec 2014183
1 Jan 2013 – 31 Dec 2013185 Late
1 Jan 2012 – 31 Dec 2012177
1 Jan 2011 – 31 Dec 2011187 Late
1 Jan 2010 – 31 Dec 2010179
1 Jan 2009 – 31 Dec 2009180
1 Jan 2008 – 31 Dec 2008182
1 Jan 2007 – 31 Dec 2007171
2 Jan 2006 – 31 Dec 2006149

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
CEOBirger NielsenCurrent
Owner (100%)Birger NielsenCurrent
AuditorPROFIL REVISION ApS
AuditorPROFIL REVISION ApS
FounderPRESENT TIME B.VCurrent

The CEOs' other companies

Birger Nielsen – 1 other companies, of which 1 bankrupt

Address history (6 moves)

c/o birger nielsen, Odinshøjvej 34, 3140 Ålsgårde
c/o birger nielsen, Bjergegade 14A, 3000 Helsingør
c/o birger nielsen, Stjernegade 4C, st., 3000 Helsingør
Kronprinsessevej 4, 3480 Fredensborg
Bregnerødvej 96, 3460 Birkerød
c/o Control It ApS, Borupvang 5E, 2750 Ballerup
Farum Hovedgade 54, 1., 3520 Farum

Employees per year

Number of employees at PRESENT TIME SCANDINAVIA ApS per year362008: 620082009: 520092011: 620112012: 220122013: 520132014: 520142015: 520152016: 02016

Similar companies in Helsingør

Questions and answers about PRESENT TIME SCANDINAVIA ApS

Has PRESENT TIME SCANDINAVIA ApS gone bankrupt?

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

What is the bankruptcy risk of PRESENT TIME SCANDINAVIA ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of PRESENT TIME SCANDINAVIA ApS?

Birger Nielsen is the CEO of PRESENT TIME SCANDINAVIA ApS.

Who is the auditor of PRESENT TIME SCANDINAVIA ApS?

PRESENT TIME SCANDINAVIA ApS most recently used PROFIL REVISION.

When was PRESENT TIME SCANDINAVIA ApS founded?

PRESENT TIME SCANDINAVIA ApS was founded on 2 January 2006.

What is the equity of PRESENT TIME SCANDINAVIA ApS?

Equity was DKK 1.9m 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.