Time2web ApS

CVR 42488534 · Private limited company (ApS) · Active · Low risk

Time2web ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.3m and a net result of DKK 16k. CEO: Jimmy Gram Escherich, Jonas Honoré.

Bankruptcy risk for Time2web ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
42488534
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Nordre Fasanvej 215
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio68.6%
Current ratio253%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address111
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.6mDKK 1.6m
Net profitDKK 16kDKK 87k
EquityDKK 1.3mDKK 1.3m
Total assetsDKK 2.0mDKK 2.0m
CashDKK 733k–
Short-term debtDKK 429k–
Tax owedDKK 42k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202574
1 Jan 2024 – 31 Dec 2024114
1 Jan 2023 – 31 Dec 2023112
1 Jan 2022 – 31 Dec 202255
1 Jan 2021 – 31 Dec 2021115

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
CEOJimmy Gram EscherichCurrent
CEOJonas HonoréCurrent
Owner (50%)Life, the Universe and Everything ApSCurrent
Owner (50%)jge.dk ApSCurrent
Owner (50%)Jimmy Gram Escherich
Owner (50%)Jonas Honoré
Owner (100%)Time2web Holding ApS
FounderJimmy Gram EscherichCurrent
FounderJonas HonoréCurrent

The CEOs' other companies

Jimmy Gram Escherich – 5 other companies

Jonas Honoré – 5 other companies

Address history (2 moves)

Nordre Fasanvej 215, 2000 Frederiksberg
Gammel Kongevej 11, 5., 1610 København V
Howitzvej 60, 1., 2000 Frederiksberg

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Time2web ApS

Has Time2web ApS gone bankrupt?

No, Time2web ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Time2web ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Time2web ApS?

Jimmy Gram Escherich, Jonas Honoré are the CEOs of Time2web ApS.

When was Time2web ApS founded?

Time2web ApS was founded on 23 June 2021.

What is the equity of Time2web 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.