TIMESAFE ApS

CVR 36470054 · Private limited company (ApS) · Active · Low risk

TIMESAFE ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 11 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 774k and a net result of DKK 277k. CEO: Steen Olsen, Jesper Horsmark.

Bankruptcy risk for TIMESAFE 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

Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
36470054
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Stagehøjvej 27A
8600 Silkeborg
Municipality
Silkeborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
4 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityNo
Equity ratio16.6%
Current ratio118%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 7.3mDKK 7.1mDKK 6.8m
Net profitDKK 277kDKK 465kDKK 302k
EquityDKK 774kDKK 766kDKK 301k
Total assetsDKK 4.7mDKK 5.0mDKK 4.0m
CashDKK 902kDKK 163k–
Short-term debtDKK 3.2mDKK 4.0m–
Tax owedDKK 56kDKK 15k–
Avg. employees1011–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020125
1 Jan 2019 – 31 Dec 2019133
1 Jan 2018 – 31 Dec 201822
1 Jan 2017 – 31 Dec 201738
1 Jan 2016 – 31 Dec 2016170
19 Dec 2014 – 31 Dec 2015168

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
CEOSteen OlsenCurrent
CEOJesper HorsmarkCurrent
Owner (50%)STEEN OLSEN HOLDING ApSCurrent
Owner (50%)JESPER HORSMARK HOLDING ApSCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderSTEEN OLSEN HOLDING ApSCurrent
FounderJESPER HORSMARK HOLDING ApSCurrent

The CEOs' other companies

Steen Olsen – 5 other companies

Jesper Horsmark – 4 other companies

Address history (1 moves)

Stagehøjvej 27A, 8600 Silkeborg
Vejlsøvej 51, 8600 Silkeborg

Employees per year

Number of employees at TIMESAFE ApS per year242015: 020152016: 320162017: 220172018: 42018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about TIMESAFE ApS

Has TIMESAFE ApS gone bankrupt?

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

What is the bankruptcy risk of TIMESAFE 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 TIMESAFE ApS?

Steen Olsen, Jesper Horsmark are the CEOs of TIMESAFE ApS.

Who is the auditor of TIMESAFE ApS?

TIMESAFE ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TIMESAFE ApS founded?

TIMESAFE ApS was founded on 19 December 2014.

What is the equity of TIMESAFE ApS?

Equity was DKK 774k 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.