Time2help ApS
APSDissolvedCVR 38692607Svanevej 15A, 8240 RisskovAndre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.· NACE 749090Est. 2017 · 9 years old— employees
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Overview
Time2help ApS is a Danish APS based in Risskov, operating in the Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n. sector. Incorporated in 2017, the company reported revenue of DKK 0 in its latest annual filing.
Revenue 2022
0K DKK
EBITDA margin
—
Net profit 2022
-7.4K DKK
+84% vs 2021
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
<−999 %
20182022
Liquidity ratioCurrent assets ÷ Short-term debt
0.0×
Very weakAmong the 10% lowest rated companies in the industry
20182022
Return on assets (ROA)Net profit ÷ Total assets × 100
<−999 %
20182022
EBITDA — year on year
DKK thousandsKey figures
Annual report 2022| Revenue | 0K DKK | — |
| EBITDA | -7.3K DKK | +52% |
| Net profit | -7.4K DKK | +84% |
| Total assets | 0K DKK | -100% |
| Equity | -125.6K DKK | -6% |
| Employees | — | — |
Company information
Legal name
Time2help ApS
CVR number
38692607
Legal form
Anpartsselskab
NACE code
Founded
7 June 2017 · 9 years
Share capital
DKK 50,001
Employees
—
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør.
Address
Svanevej 15A, 8240 Risskov
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Financial development
In its most recent annual report (2022), Time2help ApS reported revenue of DKK 0, a decrease of 100% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net loss of DKK 7.4k.
At the end of 2022, current assets covered short-term debt 0 times.
Financials
Revenue
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue | 0 | 11 | 4 | 14 | 85 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | -7 | -15 | -17 | -14 | 25 |
| Depreciation & amort. | -0 | -32 | -32 | -32 | -32 |
| EBIT | -7 | -47 | -48 | -46 | -7 |
| Net financials | -0 | -0 | -0 | -0 | -0 |
| Profit before tax | -7 | -47 | -49 | -46 | -7 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | -7 | -47 | -49 | -46 | -7 |
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Balance sheet
DKK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Total assets | 0 | 1 | 41 | 64 | 101 |
| Equity | -126 | -118 | -71 | -23 | 23 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 126 | 120 | 112 | 86 | 78 |
| Total debt | 126 | 120 | 112 | 86 | 78 |
Financial ratios
5-year trendEBITDA margin
<−999 %
20182022
Equity ratio
<−999 %
20182022
Return on equity
—
20182022
Net profit margin
<−999 %
20182022
Asset turnover
0.00×
20182022
Debt / equity
—
20182022
Sector performance
11 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioVery weak
Among the 10% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery weak
Among the 10% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 10% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash conversion ratioWeak
Among the 40% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Debt & solvency
Income to debtVery weak
Among the 20% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery weak
Among the 20% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery weak
Among the 10% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery strong
Among the 20% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery weak
Among the 10% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Solidity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Efficiency & development
Equity to contributed capitalVery weak
Among the 10% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in debtWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Asset turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
Annual reports & filings
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (2)
HZ Chief Executive Officer | Chief Executive Officer | 2017 – 2017 |
RL Chief Executive Officer | Chief Executive Officer | 2019 – 2023 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2017 | |
| Company | 15–19.99% | 15–19.99% | 2017 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
One in three Danish companies experiences fraud
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Related companies
Company hierarchy
LIENDGAARD HOLDING ApS
Time2help ApS Board network connections
Board members of Time2help ApS also hold positions in 7 other companies.
| Person | Role here | Other companies |
|---|---|---|
| René Liendgaard Rasmussen | Chief Executive Officer | 4 companies |
| Hanne Zeidler Holm Liendgaard | Chief Executive Officer | 3 companies |
Frequently asked questions
What is the CVR number of Time2help ApS?
Time2help ApS is registered with CVR / Virk under CVR 38692607.
Where is Time2help ApS headquartered?
Time2help ApS's registered address is Svanevej 15A.