TIMEmSYSTEM ApS
CVR 32783899 · Private limited company (ApS) · Active · Low risk
TIMEmSYSTEM ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 19.8m and a net result of DKK 7.5m.
Bankruptcy risk for TIMEmSYSTEM ApS
0.0 × the average (1.41%) · higher risk than 27% 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
- 32783899
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (16 years)
- Address
- Gærtorvet 3
1799 København V - Municipality
- København
- Industry
- Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software - Share capital
- DKK 125k
- Employees
- 32 (2018)
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 16 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 73.8% |
| Current ratio | 466% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 15 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 28.8m | DKK 25.2m | DKK 23.6m |
| Net profit | DKK 7.5m | DKK 6.6m | DKK 3.9m |
| Equity | DKK 19.8m | DKK 12.3m | DKK 5.7m |
| Total assets | DKK 26.8m | DKK 20.9m | DKK 12.0m |
| Cash | DKK 132k | DKK 125k | – |
| Short-term debt | DKK 5.8m | DKK 7.4m | – |
| Avg. employees | 28 | 26 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 103 | ||
| 1 Jan 2024 – 31 Dec 2024 | 181 | ||
| 1 Jan 2023 – 31 Dec 2023 | 145 | ||
| 1 Jan 2022 – 31 Dec 2022 | 135 | ||
| 1 Jan 2021 – 31 Dec 2021 | 33 | ||
| 1 Jan 2020 – 31 Dec 2020 | 42 | ||
| 1 Jan 2019 – 31 Dec 2019 | 128 | ||
| 1 Jan 2018 – 31 Dec 2018 | 143 | ||
| 1 Jan 2017 – 31 Dec 2017 | 129 | ||
| 1 Jan 2016 – 31 Dec 2016 | 137 | ||
| 1 Jan 2015 – 31 Dec 2015 | 134 | ||
| 1 Jan 2014 – 31 Dec 2014 | 149 | ||
| 1 Jan 2013 – 31 Dec 2013 | 101 | ||
| 1 Jan 2012 – 31 Dec 2012 | 123 | ||
| 1 Jan 2011 – 31 Dec 2011 | 134 | ||
| 5 Mar 2010 – 31 Dec 2010 | 108 |
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 | Glen Mandsberg | ||
| CEO | Khanh Bao Nguyen-Cong | ||
| Board | Berit Braut | Current | |
| Board | Edda Karen Davidsdottir | Current | |
| Board | Jens Peter Jensen Møller | ||
| Board | Finn Geisler | ||
| Board | Khanh Bao Nguyen-Cong | ||
| Board | Jan Wolfgang Badura | ||
| Board | Glen Mandsberg | ||
| Board | Helge Kaltoft | ||
| Board | Khanh Bao Nguyen-Cong | ||
| Board | Lars Engell Berthelsen | ||
| Board | Carsten Boje Møller | ||
| Board | Michael Assam | ||
| Board | Kasper Lyhr | ||
| Board | René Stampe Lund | ||
| Board | Niels Trolle Ørberg | ||
| Board | Dan Thordahl Jørgensen | ||
| Board | Kasper Lyhr | ||
| Board | Allan Hamilton | ||
| Board | Mikkel Bjerregaard | ||
| Board | Berit Braut | ||
| Board | Anne-Sofie Bagger Ersgard | ||
| Board | Cristian Nicoara | ||
| Board | Allan Hamilton | ||
| Board | Berit Braut | ||
| Board | Allan Hamilton | ||
| Board | Edgars Dzenuška | ||
| Board | Anders Hejselbak | ||
| Board | Kim Mikael Hisinger | ||
| Owner (100%) | VISMA DANMARK HOLDING A/S | Current | |
| Owner (50%) | KTC2 HOLDING ApS | ||
| Owner (50%) | BADURA HOLDING ApS | ||
| Auditor | EY Godkendt Revisionspartnerselskab | Current | |
| Auditor | DANSK REVISION ROSKILDE, GODKENDT REVISIONSAKTIESELSKAB | ||
| Auditor | Partnerselskabet RRSR | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Founder | Glen Mandsberg | Current | |
| Founder | KTC2 HOLDING ApS | Current | |
| Founder | KCON ApS | Current | |
| Founder | BADURA HOLDING ApS | Current |
The CEOs' other companies
Glen Mandsberg – 7 other companies
- Adoor ApS Opløst
- Danish Crypto Invest ApS Opløst
- HOLDINGSELSKABET AF 26. SEPTEMBER 2010 ApS Active
- MUTAX ApS Compulsorily dissolved
- RISC HOLDING ApS Compulsorily dissolved
- SURESMS ApS Active
- TIME-SAG ApS Fusioneret
Khanh Bao Nguyen-Cong – 8 other companies
- IT-virksomheden 35864733 ApS Opløst
- KNOWLEDGECON A/S Opløst
- KNOWLEDGECON CONSULTING ApS Opløst
- KTC Capital ApS Active
- KTC2 HOLDING ApS Active
- MAGICSTUDIOS ApS Opløst
- Plaain ApS Active
- doobti ApS Active
Address history (2 moves)
| Gærtorvet 3, 1799 København V | |
| Stationsparken 24, 3., 2600 Glostrup | |
| Ringager 4A, 2605 Brøndby |
Former names
| TIMEmSYSTEM ApS | – now |
| Visma - timemsystem ApS | – |
| TIMEMSYSTEM ApS | – |
| TIMEMANAGEMENTSYSTEM ApS | – |
Employees per year
Other companies at the same address
- INTEMPUS ApS Active
- Inexchange CPH A/S Active
- Intega A/S Active
- Likvido Drift ApS Active
- November First A/S Opløst
- Rackbeat ApS Fusioneret
- VISMA DANMARK HOLDING A/S Active
- VISMA SOFTWARE A/S Active
- Visma DataLøn A/S Active
- Visma Digital Commerce A/S Fusioneret
- Visma Dinero ApS Active
- Visma LogBuy ApS Active
- Visma Rating ApS Active
- Visma acubiz A/S Active
- Visma e-conomic A/S Active
Similar companies in København
- ICE-Tech A/S København Ø
- Propbook ApS København V
- ATI-lab ApS København NV
- Naborly ApS København V
- Tausendkorn Capital ApS København K
- Tinct ApS København K
- Seafix ApS København NV
- One L1fe ApS København N
- Norr Macro ApS Hellerup
- VesperX ApS København S
- Strazzo ApS København K
- Ljungstrøm Health ApS Brønshøj
Questions and answers about TIMEmSYSTEM ApS
Has TIMEmSYSTEM ApS gone bankrupt?
No, TIMEmSYSTEM ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of TIMEmSYSTEM ApS?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the auditor of TIMEmSYSTEM ApS?
TIMEmSYSTEM ApS most recently used EY Godkendt Revisionspartnerselskab.
When was TIMEmSYSTEM ApS founded?
TIMEmSYSTEM ApS was founded on 5 March 2010.
What is the equity of TIMEmSYSTEM ApS?
Equity was DKK 19.8m 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.