Time for Life Holding ApS

CVR 37351504 · Private limited company (ApS) · Active · Low risk

Time for Life Holding ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry ikke-finansielle holdingselskaber. 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 5.3m and a net result of DKK 3.3m. CEO: Birger Nygaard.

Bankruptcy risk for Time for Life Holding ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
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
37351504
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Birger Nygaard, Hambros Alle 16
2900 Hellerup
Municipality
Gentofte
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 41k
Auditor
CROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio99.2%
Current ratio4,010%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 469kDKK 437k
Net profitDKK 3.3mDKK 797k
EquityDKK 5.3mDKK 2.1m
Total assetsDKK 5.4mDKK 2.1m
CashDKK 1.7m–
Short-term debtDKK 43k–
Tax owedDKK 0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Crowe.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202565
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022102
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 202021
1 Jan 2019 – 31 Dec 201948
1 Jan 2018 – 31 Dec 2018101
1 Jan 2017 – 31 Dec 2017151
6 Jan 2016 – 31 Dec 2016163

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 NygaardCurrent
Owner (100%)Birger NygaardCurrent
AuditorCROWE STATSAUTORISERET REVISIONSINTERESSENTSKABCurrent
FounderBirger NygaardCurrent

The CEOs' other companies

Birger Nygaard – 5 other companies

Address history (2 moves)

c/o Birger Nygaard, Hambros Alle 16, 2900 Hellerup
c/o Birger Nygaard, A N Hansens Alle 36, st., 2900 Hellerup
c/o Birger Nygaard Bugge, Sortedam Dossering 59G, st., 2100 København Ø

Former names

Time for Life Holding ApS – now
Time for Life Holding IVS –

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Time for Life Holding ApS

Has Time for Life Holding ApS gone bankrupt?

No, Time for Life Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Time for Life Holding 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 Time for Life Holding ApS?

Birger Nygaard is the CEO of Time for Life Holding ApS.

Who is the auditor of Time for Life Holding ApS?

Time for Life Holding ApS most recently used CROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB.

When was Time for Life Holding ApS founded?

Time for Life Holding ApS was founded on 6 January 2016.

What is the equity of Time for Life Holding ApS?

Equity was DKK 5.3m 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.