TIME GROUP A/S

CVR 30719042 · Public limited company (A/S) · Active · Low risk

TIME GROUP A/S is a Public limited company (A/S), founded on , based in Odder. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 18 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 -853k. CEO: Henning Farre Vestergaard.

Bankruptcy risk for TIME GROUP A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
30719042
Status
Active
Company type
Public limited company (A/S)
Founded
(19 years)
Address
c/o Henning Farre Vestergaard, Rønhøjs Ager 44
8300 Odder
Municipality
Odder
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 1.5m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 18
Missing annual reportNo
Negative equityNo
Equity ratio23.2%
Current ratio48%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -10kDKK -4,563
Net profitDKK -853kDKK 144k
EquityDKK 1.9mDKK 2.7m
Total assetsDKK 8.0mDKK 7.7m
Short-term debtDKK 4.7m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019258 Late
1 Jan 2018 – 31 Dec 2018170
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016160
1 Jan 2015 – 31 Dec 2015182
1 Jan 2014 – 31 Dec 2014170
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012143
1 Jan 2011 – 31 Dec 2011164
1 Jan 2010 – 31 Dec 2010138
1 Jan 2009 – 31 Dec 2009160
12 Jul 2007 – 31 Dec 200862

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
CEOHenning Farre VestergaardCurrent
CEOSten Faarup Andersen
BoardHenning Farre VestergaardCurrent
BoardRune Vestergaard BorritsCurrent
BoardAnders Vestergaard BorritsCurrent
BoardJon Søberg
BoardIb Allan Jakobsen
BoardSten Faarup Andersen
BoardErik Sindberg
BoardKatty Busack
BoardRune Vestergaard Borrits
Owner (33%)TIME GROUP A/SCurrent
Owner (50%)HENNING F. VESTERGAARD HOLDING ApSCurrent
Owner (20%)CAFU I ApS
Owner (10%)CASA FUTURA A/S
Owner (25%)HENNING F. VESTERGAARD HOLDING ApS
Owner (10%)CAFU V ApS
Owner (25%)TIME GROUP A/S
Owner (33%)HENNING F. VESTERGAARD HOLDING ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorK P M G C JESPERSEN ÅRHUS I/S
FounderCAFU I ApSCurrent
FounderJULSØ EJENDOMME A/SCurrent
FounderCASA FUTURA A/SCurrent

The CEOs' other companies

Henning Farre Vestergaard – 3 other companies

Sten Faarup Andersen – 19 other companies, of which 2 bankrupt

Address history (4 moves)

c/o Henning Farre Vestergaard, Rønhøjs Ager 44, 8300 Odder
c/o Henning Farre Vestergaard, Fløjstrupvej 31, 8340 Malling
Ellemosen 1C, 8680 Ry
Bakkelyvej 2, 8680 Ry
c/o Textil Print ApS, Strungesvej 6, 8680 Ry

Other companies at the same address

Similar companies in Odder

Questions and answers about TIME GROUP A/S

Has TIME GROUP A/S gone bankrupt?

No, TIME GROUP A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TIME GROUP A/S?

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

Who is the CEO of TIME GROUP A/S?

Henning Farre Vestergaard is the CEO of TIME GROUP A/S.

Who is the auditor of TIME GROUP A/S?

TIME GROUP A/S most recently used EY Godkendt Revisionspartnerselskab.

When was TIME GROUP A/S founded?

TIME GROUP A/S was founded on 12 July 2007.

What is the equity of TIME GROUP A/S?

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.