Timesavers Nordic ApS

CVR 37321338 · Private limited company (ApS) · Active · Low risk

Timesavers Nordic ApS is a Private limited company (ApS), founded on , based in Juelsminde. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.3m and a net result of DKK 446k. CEO: Claus Grud.

Bankruptcy risk for Timesavers Nordic ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
37321338
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Kystvej 17, st. th
7130 Juelsminde
Municipality
Hedensted
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
4 (2018)
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio72.6%
Current ratio398%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.2mDKK 3.4mDKK 2.4m
Net profitDKK 446kDKK 1.4mDKK 956k
EquityDKK 1.3mDKK 2.2mDKK 1.3m
Total assetsDKK 1.8mDKK 3.0mDKK 3.7m
CashDKK 1.0mDKK 2.5m–
Short-term debtDKK 453kDKK 730k–
Avg. employees33–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202542
1 Jan 2024 – 31 Dec 202442
1 Jan 2023 – 31 Dec 202340
1 Jan 2022 – 31 Dec 202241
1 Jan 2021 – 31 Dec 202161
1 Jan 2020 – 31 Dec 202026
1 Jan 2019 – 31 Dec 201943
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 201731
22 Dec 2015 – 31 Dec 2016157

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
CEOClaus GrudCurrent
Owner (33%)CajaP Holding ApSCurrent
Owner (10%)Claus Grud Holding ApSCurrent
Owner (33%)DIMA Holding ApSCurrent
Owner (100%)Claus Grud Holding ApS
Owner (50%)Claus Grud Holding ApS
FounderClaus Grud Holding ApSCurrent

The CEOs' other companies

Claus Grud – 3 other companies, of which 1 bankrupt

Address history (1 moves)

Kystvej 17, st. th, 7130 Juelsminde
Bobækvej 7, 7140 Stouby

Employees per year

Number of employees at Timesavers Nordic ApS per year242016: 420162017: 420172018: 42018

Other companies at the same address

Similar companies in Hedensted

Questions and answers about Timesavers Nordic ApS

Has Timesavers Nordic ApS gone bankrupt?

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

What is the bankruptcy risk of Timesavers Nordic ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Timesavers Nordic ApS?

Claus Grud is the CEO of Timesavers Nordic ApS.

Who is the auditor of Timesavers Nordic ApS?

Timesavers Nordic ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was Timesavers Nordic ApS founded?

Timesavers Nordic ApS was founded on 22 December 2015.

What is the equity of Timesavers Nordic ApS?

Equity was DKK 1.3m 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.