Time Change Nordics ApS
CVR 40143920 · Private limited company (ApS) · Active · Low risk
Time Change Nordics ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry rejsearrangørers aktiviteter. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 7 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -2.4m and a net result of DKK -1.1m. CEO: Flavius Daniel Chilcos.
Bankruptcy risk for Time Change Nordics ApS
0.4 × the average (1.41%) · higher risk than 66% 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
- 40143920
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (7 years)
- Address
- c/o NSFIII DEN SILJANGADE APS, Siljangade 6, st. 7
2300 København S - Municipality
- København
- Industry
- Rejsearrangørers aktiviteter (791200)
Bankruptcies in the industry: Rejsearrangører - Share capital
- DKK 40k
- Auditor
- TEAM REVISION Registreret revisionsanpartsselskab FSR
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 3 of 7 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -92.3% |
| Current ratio | 75% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| 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 9.4m | DKK 8.3m | DKK 5.8m |
| Net profit | DKK -1.1m | DKK -1.6m | DKK 630k |
| Equity | DKK -2.4m | DKK -1.4m | DKK 287k |
| Total assets | DKK 2.6m | DKK 2.5m | DKK 3.9m |
| Cash | DKK 885k | DKK 352k | – |
| Short-term debt | DKK 3.5m | DKK 3.8m | – |
| Tax owed | – | DKK 0 | – |
| Avg. employees | 11 | 10 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · TEAM REVISION Registreret revisionsanpartsselskab FSR.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 172 | ||
| 1 Jan 2024 – 31 Dec 2024 | 181 | ||
| 1 Jan 2023 – 31 Dec 2023 | 189 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 181 | ||
| 1 Jan 2021 – 31 Dec 2021 | 124 | ||
| 1 Jan 2020 – 31 Dec 2020 | 190 | Late | |
| 4 Jan 2019 – 31 Dec 2019 | 223 | Late |
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 | Flavius Daniel Chilcos | Current | |
| Owner (100%) | Flavius Daniel Chilcos | Current | |
| Founder | Flavius Daniel Chilcos | Current |
Address history (4 moves)
| c/o NSFIII DEN SILJANGADE APS, Siljangade 6, st. 7, 2300 København S | |
| c/o NSFIII DEN SILJANGADE APS, Siljangade 4, st. 1, 2300 København S | |
| c/o Voxeværket Amager ApS, Uplandsgade 72, 1., 2300 København S | |
| Brolæggerstræde 1, kl., 1211 København K | |
| c/o Founders House, Njalsgade 19D, 1., 2300 København S |
Former names
| Time Change Nordics ApS | – now |
| Time Change Nordics IVS | – |
| TCN Services IVS | – |
| Time Change Nordics IVS | – |
Other companies at the same address
- J. Kørner IVS Bankrupt
- Nabo Farm ApS Bankrupt
- Nabo Farm Nordvest ApS Bankrupt
- SAGA BOOKS ApS Bankrupt
- AGORA SOCIAL PRODUCTION ApS Active
- Dustring Holding ApS Opløst
- Enneagram Akademiet ApS Active
- HANDELSSELSKABET AF 16. JUNI 1979 ApS Opløst
- Koester Holding ApS Opløst
- Olivier Niemann Holding ApS Active
- Pinploy ApS Active
- RIIS MICHELSEN ApS Active
- RIIS MICHELSEN HOLDING ApS Active
- The Catalyst Group ApS Active
- Winedrop ApS Active
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Questions and answers about Time Change Nordics ApS
Has Time Change Nordics ApS gone bankrupt?
No, Time Change Nordics ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Time Change Nordics ApS?
Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the CEO of Time Change Nordics ApS?
Flavius Daniel Chilcos is the CEO of Time Change Nordics ApS.
Who is the auditor of Time Change Nordics ApS?
Time Change Nordics ApS most recently used TEAM REVISION Registreret revisionsanpartsselskab FSR.
When was Time Change Nordics ApS founded?
Time Change Nordics ApS was founded on 4 January 2019.
What is the equity of Time Change Nordics ApS?
Equity was DKK -2.4m 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.