Tim Udlejning A/S

CVR 64623710 · Public limited company (A/S) · Active · Low risk

Tim Udlejning A/S is a Public limited company (A/S), founded on , based in Tim. The company is registered in the industry fremstilling af maskiner til råstofindvindingsindustrien samt bygge- og anlæg. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 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 161k and a net result of DKK 210k. CEO: Palle Sofus Pedersen.

Bankruptcy risk for Tim Udlejning A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · 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
64623710
Status
Active
Company type
Public limited company (A/S)
Founded
(56 years)
Address
c/o Palle Pedersen, Svensgaardvej 5
6980 Tim
Municipality
Ringkøbing-Skjern
Industry
Fremstilling af maskiner til råstofindvindingsindustrien samt bygge- og anlæg (289200)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 500k
Employees
0 (2018)
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio47.2%
Current ratio127%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 211kDKK 90k
Net profitDKK 210kDKK 88k
EquityDKK 161kDKK -49k
Total assetsDKK 341kDKK 275k
CashDKK 229k–
Short-term debtDKK 180k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202547
1 Jan 2024 – 31 Dec 202451
1 Jan 2023 – 31 Dec 202367
1 Jan 2022 – 31 Dec 202276
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 2020137
1 Jan 2019 – 31 Dec 2019191 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015158
1 Jan 2014 – 31 Dec 2014139
1 Jan 2013 – 31 Dec 2013128
1 Jan 2012 – 31 Dec 2012144
1 Jan 2011 – 31 Dec 2011103
1 Jan 2010 – 31 Dec 201073
1 Jan 2009 – 31 Dec 2009146
1 Jan 2008 – 31 Dec 2008141
1 Jan 2007 – 31 Dec 2007136
1 Jan 2006 – 31 Dec 2006130

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
CEOPalle Sofus PedersenCurrent
CEOJohn Bernhardt Sørensen
BoardPalle Sofus PedersenCurrent
BoardGitte Alnor MadsenCurrent
BoardOle Lund PedersenCurrent
BoardLasse Wagner PedersenCurrent
BoardMogens Jepsen
BoardAgnes Halkjær Nielsen
BoardJohn Bernhardt Sørensen
BoardMarna Lisa Ledgaard Møller
BoardKnud Nørager Olsen
BoardRitta Pedersen
BoardEjnar Nielsen
BoardErik Hansen
Owner (100%)P.S.P. Holding A/SCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorPartner Revision statsautoriseret revisionsaktieselskab

The CEOs' other companies

Palle Sofus Pedersen – 3 other companies, of which 1 bankrupt

John Bernhardt Sørensen – 4 other companies

Address history (2 moves)

c/o Palle Pedersen, Svensgaardvej 5, 6980 Tim
Svensgaardvej 5, 6980 Tim
Svensgaardvej 5, 6980 Tim

Former names

Tim Udlejning A/S – now
PALLE PEDERSEN A/S –
VM BLANDERE A/S –
VAGNS MASKINFABRIK A/S –
ELSEE A/S –

Employees per year

Number of employees at Tim Udlejning A/S per year122011: 220112012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 02018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Tim Udlejning A/S

Has Tim Udlejning A/S gone bankrupt?

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

What is the bankruptcy risk of Tim Udlejning A/S?

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

Who is the CEO of Tim Udlejning A/S?

Palle Sofus Pedersen is the CEO of Tim Udlejning A/S.

Who is the auditor of Tim Udlejning A/S?

Tim Udlejning A/S most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was Tim Udlejning A/S founded?

Tim Udlejning A/S was founded on 8 December 1969.

What is the equity of Tim Udlejning A/S?

Equity was DKK 161k 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.