Timegrip International ApS

CVR 43620320 · Private limited company (ApS) · Active · Low risk

Timegrip International ApS is a Private limited company (ApS), founded on , based in Aalborg SV. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 394.4m and a net result of DKK -67.7m.

Bankruptcy risk for Timegrip International 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

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
43620320
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Vandmanden 10C
9200 Aalborg SV
Municipality
Aalborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 43k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio57.6%
Current ratio8%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address56
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -3.4mDKK 32k
Net profitDKK -67.7mDKK -40.9m
EquityDKK 394.4mDKK 206.8m
Total assetsDKK 684.5mDKK 389.1m
CashDKK 515k–
Short-term debtDKK 81.8m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202586
1 Jan 2024 – 31 Dec 202490
3 Nov 2022 – 31 Dec 2023108

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
BoardHenrik Baasch
BoardWessel Geoff Ploegmakers
BoardHans Charly Zwemstra
Owner (100%)Timegrip Holding ApSCurrent
Owner (100%)Timegrip Holding ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTimegrip Holding ApSCurrent

Address history (1 moves)

Vandmanden 10C, 9200 Aalborg SV
c/o Lundgrens, Tuborg Boulevard 12, 4., 2900 Hellerup

Former names

Timegrip International ApS – now
TimePlan International ApS –
MP NewCo ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Timegrip International ApS

Has Timegrip International ApS gone bankrupt?

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

What is the bankruptcy risk of Timegrip International 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 auditor of Timegrip International ApS?

Timegrip International ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Timegrip International ApS founded?

Timegrip International ApS was founded on 3 November 2022.

What is the equity of Timegrip International ApS?

Equity was DKK 394.4m 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.