TIMEVAT A/S

CVR 40688765 · Public limited company (A/S) · Active · Low risk

TIMEVAT A/S is a Public limited company (A/S), founded on , based in Taastrup. The company is registered in the industry bogføring og revision; skatterådgivning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 6 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 11.9m and a net result of DKK 9.6m. CEO: Morten Bo Abildløkke Rasmussen.

Bankruptcy risk for TIMEVAT A/S

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

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
40688765
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Høje Taastrup Boulevard 52, 1.
2630 Taastrup
Municipality
Høje-Taastrup
Industry
Bogføring og revision; skatterådgivning (692000)
Bankruptcies in the industry: Bogføring og revision: skatterådgivning
Share capital
DKK 400k
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio61.6%
Current ratio208%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies2
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 15.8mDKK 15.2m
Net profitDKK 9.6mDKK 7.4m
EquityDKK 11.9mDKK 10.4m
Total assetsDKK 19.3mDKK 15.6m
CashDKK 4.2m–
Short-term debtDKK 7.4m–
Tax owedDKK 388k–
Avg. employees15–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025124
1 Jan 2024 – 31 Dec 202456
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022123
1 Jan 2021 – 31 Dec 2021149
1 Aug 2019 – 31 Dec 2020141

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
CEOMorten Bo Abildløkke RasmussenCurrent
BoardMorten Bo Abildløkke RasmussenCurrent
BoardPeter SchackCurrent
BoardMads Hauge RasmussenCurrent
BoardMorten Bo Abildløkke Rasmussen
BoardAnnette Rasmussen
BoardKathrine Lykke Jønsson
BoardMichael Elgaard Nielsen
Owner (100%)Accru Partners Danmark ApSCurrent
Owner (50%)Morten Bo Abildløkke Rasmussen
Owner (50%)Sine Borup
Owner (50%)Sikabo Holding ApS
Owner (50%)AMBAR Holding ApS
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
AuditorRödl Audit Godkendt Revisionsaktieselskab
FounderMorten Bo Abildløkke RasmussenCurrent
FounderSine BorupCurrent

The CEOs' other companies

Morten Bo Abildløkke Rasmussen – 16 other companies, of which 5 bankrupt

Address history (1 moves)

Høje Taastrup Boulevard 52, 1., 2630 Taastrup
Stationsparken 24, 2., 2600 Glostrup

Other companies at the same address

Similar companies in Høje-Taastrup

Questions and answers about TIMEVAT A/S

Has TIMEVAT A/S gone bankrupt?

No, TIMEVAT A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TIMEVAT A/S?

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 TIMEVAT A/S?

Morten Bo Abildløkke Rasmussen is the CEO of TIMEVAT A/S.

Who is the auditor of TIMEVAT A/S?

TIMEVAT A/S most recently used AIDER Godkendt Revisionsaktieselskab.

When was TIMEVAT A/S founded?

TIMEVAT A/S was founded on 1 August 2019.

What is the equity of TIMEVAT A/S?

Equity was DKK 11.9m 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.