Timeglasset ApS

CVR 39950081 · Private limited company (ApS) · Active · Low risk

Timeglasset ApS is a Private limited company (ApS), founded on , based in Sønderborg. The company is registered in the industry levering af hjælpeydelser i forbindelse med undervisning i.a.n.. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 7 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 29k and a net result of DKK 40k. CEO: Susan Frimer Rosenberg, Jannie Dollerup Schønwandt.

Bankruptcy risk for Timeglasset ApS

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

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
39950081
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Sundquistsgade 15
6400 Sønderborg
Municipality
Sønderborg
Industry
Levering af hjælpeydelser i forbindelse med undervisning i.a.n. (856900)
Bankruptcies in the industry: Anden undervisning i.a.n.
Share capital
DKK 50k
Auditor
Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio11.9%
Current ratio88%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.2mDKK 980k
Net profitDKK 40kDKK -16k
EquityDKK 29kDKK -11k
Total assetsDKK 245kDKK 396k
Short-term debtDKK 216k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202529
1 Jan 2024 – 31 Dec 202498
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 202126
1 Jan 2020 – 31 Dec 2020148
17 Oct 2018 – 31 Dec 201952

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
CEOSusan Frimer RosenbergCurrent
CEOJannie Dollerup SchønwandtCurrent
Owner (67%)SR Holding Sønderborg ApSCurrent
Owner (100%)Susan Frimer Rosenberg
FounderSusan Frimer RosenbergCurrent

The CEOs' other companies

Susan Frimer Rosenberg – 2 other companies

Address history (2 moves)

Sundquistsgade 15, 6400 Sønderborg
c/o Susan Rosenberg, Møllegade 5, 2., 6400 Sønderborg
Birke Alle 2, 1., 6400 Sønderborg

Former names

Timeglasset ApS – now
Timeglasset IVS –

Other companies at the same address

Similar companies in Sønderborg

Questions and answers about Timeglasset ApS

Has Timeglasset ApS gone bankrupt?

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

What is the bankruptcy risk of Timeglasset ApS?

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 Timeglasset ApS?

Susan Frimer Rosenberg, Jannie Dollerup Schønwandt are the CEOs of Timeglasset ApS.

Who is the auditor of Timeglasset ApS?

Timeglasset ApS most recently used Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

When was Timeglasset ApS founded?

Timeglasset ApS was founded on 17 October 2018.

What is the equity of Timeglasset ApS?

Equity was DKK 29k 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.