TIME/SYSTEM INTERNATIONAL A/S

CVR 66059014 · Public limited company (A/S) · Dissolved after bankruptcy

TIME/SYSTEM INTERNATIONAL A/S is a Public limited company (A/S), founded on 13 December 1985, based in Allerød. The company is registered in the industry uoplyst. TIME/SYSTEM INTERNATIONAL A/S went bankrupt on 13 March 2003 – 17.3 years after it was founded. 7 annual reports have been published.

Bankruptcy

Bankruptcy date: 13 March 2003
Status: Dissolved after bankruptcy
Age at bankruptcy: 17.3 years

Company details

CVR number: 66059014
Status: Dissolved after bankruptcy
Company type: Public limited company (A/S)
Founded: 13 December 1985
Ceased: 9 August 2007
Address: Gydevang 25
3450 Allerød
Municipality: Allerød
Industry: Uoplyst (980000)
Bankruptcies in the industry: Uoplyst
Share capital: DKK 11.1m
Employees: 19 (2003)

Warning signs

Annual reports filed late	0 of 6
Missing annual report	No
Negative equity	–
Equity ratio	–
Current ratio	–
Moves (last 2 years)	0
CEO changes in total	4
CEO's previous bankruptcies	0
Other companies at the address	14
Going-concern uncertainty	No

Filed annual reports

Reporting period	Published	Days after period end
1 Jul 2001 – 30 Jun 2002	26 Dec 2002	179
1 Jul 2000 – 30 Jun 2001	30 Dec 2001	183
1 Jul 1999 – 30 Jun 2000	26 Dec 2000	179
1 Jul 1998 – 30 Jun 1999	24 Oct 1999	116
1 Jan 1997 – 31 Dec 1997	10 Jun 1998	161
1 Jan 1996 – 31 Dec 1996	9 Mar 1997	68
1 Jan 1995 – 31 Dec 1995	5 Mar 1996	65

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	Tom Olesen	13 Dec 1985	19 Apr 1988
CEO	Klaus Brunander	13 Dec 1985	27 Sep 1989
CEO	Jens Erik Stovgaard	13 Dec 1985	20 Oct 1987
CEO	Ole Arthur Einar Dahl	13 Dec 1985	1 Aug 1999
Board	Lars Dinesen	13 Dec 1985	2 Jun 1989
Board	Mikael Wissum	13 Dec 1985	29 Mar 1994
Board	Ole Berg	13 Dec 1985	17 May 1991
Board	Steffen Gulmann	13 Dec 1985	22 Feb 1995
Board	Johan Peter Engell	13 Dec 1985	30 Aug 1993
Board	Ole Arthur Einar Dahl	13 Dec 1985	15 Mar 2002
Board	Leif Ekstrom	13 Dec 1985	2 Jun 1989
Board	Kurt Olle Ossian Koskinen	13 Dec 1985	22 Feb 1995
Board	Kurt Olle Ossian Koskinen	13 Dec 1985	1 Jul 1987
Board	Magnus Arne Herman Hasto	13 Dec 1985	15 Apr 1993
Board	Seppo Ilmari Saario	13 Dec 1985	1 Jul 1987
Board	Kim Ignatius	13 Dec 1985	15 Apr 1993
Board	Hans Juhani Mikola	13 Dec 1985	22 Feb 1995
Board	Jukka Antero Silventola	13 Dec 1985	30 Aug 1993
Board	Kari Veikko Sakari Miettinen	13 Dec 1985	6 May 1997
Board	Kari Veikko Sakari Miettinen	13 Dec 1985	30 Aug 1993
Board	Seppo Antero Ahonen	13 Dec 1985	21 Sep 1995
Board	Raimo Johannes Taivalkoski	13 Dec 1985	1 Jul 1996
Board	Roger Ensio Talermo	13 Dec 1985	22 Dec 1997
Board	Pekka Tapani Paalanne	6 May 1997	22 Dec 1997
Board	Bo Johan Sjögren	22 Dec 1997	15 Dec 1998
Board	Jonathan Philip Feuer	22 Dec 1997	15 Dec 1998
Board	Iain Michael Parham	28 Apr 1998	8 Apr 2002
Board	Flemming Pätges Allerup	27 Aug 1998	3 May 1999
Board	Søren Vestergaard-Poulsen	15 Dec 1998	8 Apr 2002
Board	Torben Holger Schultz	3 May 1999	15 Mar 2002
Board	Jesper Trommer Volf	12 Apr 2002	9 Aug 2007
Board	Erik Hjortkjær Andersen	12 Apr 2002	9 Aug 2007
Board	Per Resen Steenstrup	12 Apr 2002	9 Aug 2007
Auditor	PricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab	13 Dec 1985	28 Apr 1998
Auditor	Revisor-Centret I/S	13 Dec 1985	13 Jan 1989
Auditor	DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB	28 Apr 1998	9 Aug 2007

The CEOs' other companies

Tom Olesen – 25 other companies, of which 12 bankrupt

COMPLUS A/S Bankrupt 7 Sep 1992
COMPU-DANMARK A/S Bankrupt 14 Feb 2003
DANISH MANAGEMENT SECURITIES A/S Bankrupt 28 Oct 2002
DDCA ApS Bankrupt 20 Nov 2000
Daysi ApS Bankrupt 31 Jul 2024
EMPHASIZE LIMITED A/S Bankrupt 17 Dec 1986
PREVENTIVE ApS Bankrupt 20 Apr 2015
Q & A A/S Bankrupt 8 Jul 2003
SCANTECH DATA A/S Bankrupt 16 Jun 1992
SCANTECH FINANS ApS Bankrupt 1 Sep 1992
SCANTECH SYSTEMPARTNER A/S Bankrupt 4 May 1993
WAREHOUSEPARTNER ApS Bankrupt 22 Dec 1992
ApS SMBK NR. 985 Compulsorily dissolved
COMPUDAN A/S Fusioneret
COMPUTERFORUM II ApS Compulsorily dissolved
DCC A/S Compulsorily dissolved
EMPERION A/S Fusioneret
HASSELBLAD A/S Active
IT-PLUS ApS Active
NEWCO 2 A/S Active
PARTNERCONEXION ApS Fusioneret
SCANTECH DANMARK ApS Compulsorily dissolved
SYSTEMPARTNERS LAGERSELSKAB ApS Compulsorily dissolved
TIME/SYSTEM DANMARK A/S Fusioneret
WEB A/S Opløst

Klaus Brunander – 31 other companies, of which 7 bankrupt

DANSK FORMSTOF A/S Bankrupt 18 Nov 1988
INMENTIC A/S Bankrupt 21 Sep 1992
INMENTIC HOLDING A/S Bankrupt 25 Aug 1993
J&J DEVELOPMENT A/S Bankrupt 18 Feb 2013
JEBRU HOLDING ApS Bankrupt 29 Nov 2013
TEKNO REKLAME A/S Bankrupt 18 Nov 1988
TIME/SYSTEM DANMARK A/S Bankrupt 7 Apr 2003
2BI. A/S Opløst
ANPARTSSELSKABET AF 20. JANUAR 1984 Opløst
AUDIO DISTRIBUTION DANMARK A/S Opløst
BAZIC EJENDOMME A/S Compulsorily dissolved
BSA 10671 A/S Fusioneret
BSX 10670 A/S Fusioneret
DIALOGUE A/S Opløst
EJENDOMSSELSKABET GRÅBRØDREHUS A/S Opløst
HUMINVEST ApS Fusioneret
IBS HOLDING A/S Active
INVECO ApS Opløst
Interpublic Worldgroup ApS Active
KLAUSEN & PARTNERS A/S Active
KYBERNETES TELEVISION ApS AF 1983 Compulsorily dissolved
MØLLER & CO. ODENSE A/S Opløst
NSI ELECTRONIC ApS Active
NSI SERVICE ApS Opløst
PSE 38 NR. 1836 ApS Active
PSE NR. 5069 Aps Active
SKANDINAVISK KAPITALANLÆG AF 7. JANUAR 1986 A/S Fusioneret
TECHNICAL SYSTEMS INTERNATIONAL ApS Compulsorily dissolved
TIME/SYSTEM DANMARK A/S Fusioneret
W77 ApS Active

Jens Erik Stovgaard – 8 other companies, of which 1 bankrupt

ANPARTSSELSKABET AF 26. JULI 2002 Bankrupt 3 Sep 2002
AMOENA DANMARK A/S Active
C Consumer Products Denmark ApS Opløst
CERCELL A/S Active
GUNNAR T. STRØM DANMARK A/S Active
INSTITUT FOR LEDERSKAB INNOVATION OG PRODUKTIVITET ApS Opløst
STOVGAARD ApS Opløst
VENTURELAB ApS Opløst

Ole Arthur Einar Dahl – 7 other companies, of which 5 bankrupt

11 DESIGN A/S Bankrupt 28 Apr 2015
STROZZI ApS Bankrupt 28 Apr 2015
TIME/SYSTEM DANMARK A/S Bankrupt 7 Apr 2003
TIME/SYSTEM HOLDING 2 A/S Bankrupt 2 Jun 2003
TIME/SYSTEM HOLDING A/S Bankrupt 2 Jun 2003
MOBIPRO A/S Opløst
WESTPACK A/S Fusioneret

Address history (0 moves)

13 Dec 1985

Gydevang 25, 3450 Allerød

Former names

TIME/SYSTEM INTERNATIONAL A/S	3 Sep 1988 – 9 Aug 2007
TIME/SYSTEM A/S	13 Dec 1985 – 2 Sep 1988

Employees per year

Other companies at the same address

TIME/SYSTEM DANMARK A/S Bankrupt
TIME/SYSTEM HOLDING 2 A/S Bankrupt
TIME/SYSTEM HOLDING A/S Bankrupt
AKTIESELSKABET AF 25. FEBRUAR 1983 Opløst
ANPARTSSELSKABET AF 20. JANUAR 1984 Opløst
CUBUS EJENDOMME ApS Fusioneret
RS 2001 ApS Opløst
TIME/SYSTEM DANMARK A/S Fusioneret
WELLTEC A/S Active
WELLTEC AFRICA ApS Active
WELLTEC HOLDING ApS Fusioneret
WELLTEC INTERNATIONAL ApS Active
WELLTEC LATINAMERICA ApS Active
Welltec Tools Nigeria A/S Opløst

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KRUSE RASMUSSEN ApS Lynge
BØRGE SANDAHL SKOV. TORVETS BAGERI. ØLSTYKKE ApS Allerød
HANDING ApS Lynge
TIME/SYSTEM DANMARK A/S Allerød
POLYTECH A/S Allerød
N.D. AUGUSTS EFTF. ApS Lynge
LEVINSKY FASHION A/S Allerød
NFFSC ApS Allerød
COBRA INVEST A/S Allerød
GRECADAN A/S Lynge
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Questions and answers about TIME/SYSTEM INTERNATIONAL A/S

Has TIME/SYSTEM INTERNATIONAL A/S gone bankrupt?

Yes. TIME/SYSTEM INTERNATIONAL A/S went bankrupt on 13 March 2003.

When was TIME/SYSTEM INTERNATIONAL A/S founded?

TIME/SYSTEM INTERNATIONAL A/S was founded on 13 December 1985.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.