Timesaver Software ApS
CVR 43941178 · Private limited company (ApS) · Active · Medium risk
Timesaver Software ApS is a Private limited company (ApS), founded on , based in Østbirk. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -351k and a net result of DKK -78k. CEO: Kim Andersen, Martin Michael Frederiksen.
Bankruptcy risk for Timesaver Software ApS
1.1 × the average (1.41%) · higher risk than 79% 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
- 43941178
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (3 years)
- Address
- Yding Toft 16
8752 Østbirk - Municipality
- Horsens
- Industry
- Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi - Share capital
- DKK 40k
- Auditor
- Schantz Revisiongodkendt revisionsaktieselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 3 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -183.5% |
| Current ratio | 750% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 3 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -75k | DKK -142k | DKK -174k |
| Net profit | DKK -78k | DKK -127k | DKK -185k |
| Equity | DKK -351k | DKK -272k | DKK -145k |
| Total assets | DKK 191k | DKK 174k | DKK 143k |
| Cash | DKK 19k | DKK 22k | – |
| Short-term debt | DKK 18k | DKK 6,200 | – |
| Avg. employees | 0 | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Schantz Revisiongodkendt revisionsaktieselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 179 | ||
| 1 Jan 2024 – 31 Dec 2024 | 154 | ||
| 23 Mar 2023 – 31 Dec 2023 | 180 |
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 | Kim Andersen | Current | |
| CEO | Martin Michael Frederiksen | Current | |
| Owner (100%) | Shipyard 7 ApS | Current | |
| Founder | Shipyard 7 ApS | Current |
The CEOs' other companies
Kim Andersen – 10 other companies
- Bucket List Holding ApS Active
- COVERLICIO.US ApS Opløst
- MINDLAB ApS Active
- MINDLAB BETA ApS Fusioneret
- NANOLEVO ApS Opløst
- Onkel Kim ApS Active
- SLF Capital ApS Compulsorily dissolved
- Shipyard 7 ApS Active
- SimpleUX ApS Active
- Sports Linker Group ApS Compulsorily dissolved
Martin Michael Frederiksen – 19 other companies, of which 2 bankrupt
- Ka-ching A/S Bankrupt 28 Jan 2022
- martinmichael.io aps Bankrupt 14 Dec 2023
- 727 ONLINE A/S Fusioneret
- COVERLICIO.US ApS Opløst
- Chronos aps Active
- Elert & Kok Holding A/S Opløst
- FT 2011 A/S Opløst
- KLEAN A/S Active
- KLEAN SECURITY ApS Opløst
- KLEAN SOFTWARE ApS Opløst
- OPTIPEOPLE ApS Active
- Optipeople Holding ApS Active
- Organisationsterapi ApS Active
- SYNKRON A/S Fusioneret
- Shipyard 7 ApS Active
- SimpleUX ApS Active
- Sports Linker Group ApS Compulsorily dissolved
- Supersonic Discs ApS Active
- UX Management ApS Active
Address history (0 moves)
| Yding Toft 16, 8752 Østbirk |
Former names
| Timesaver Software ApS | – now |
| Shipyard 7 II ApS | – |
Other companies at the same address
- Bucket List Holding ApS Active
- Onkel Kim ApS Active
- Shipyard 7 ApS Active
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Questions and answers about Timesaver Software ApS
Has Timesaver Software ApS gone bankrupt?
No, Timesaver Software ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Timesaver Software ApS?
Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.
Who is the CEO of Timesaver Software ApS?
Kim Andersen, Martin Michael Frederiksen are the CEOs of Timesaver Software ApS.
Who is the auditor of Timesaver Software ApS?
Timesaver Software ApS most recently used Schantz Revisiongodkendt revisionsaktieselskab.
When was Timesaver Software ApS founded?
Timesaver Software ApS was founded on 23 March 2023.
What is the equity of Timesaver Software ApS?
Equity was DKK -351k 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.