Timco Electronic ApS
Private limited companyCVR 26910625SønderborgActive
Timco Electronic ApS is a private limited company, based in Sønderborg, active in manufacture of instruments and appliances for measuring, testing and navigation, founded in 2002. After a loss in 2024, the company made a profit of DKK 69,946 in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 10% (2024 → 2025), to DKK 1.7m.
- Net profit went from a loss of DKK 143k to a profit of DKK 69,946 (2024 → 2025).
- Equity rose 10% (2024 → 2025), to DKK 739k.
Employees
- 1 fewer employees than a year earlier: 4 (08/2026) against 5 (08/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Manufacture of instruments and appliances for measuring, testing and navigation (265100)
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2020–2025 · amounts in DKK thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 1,689 | 1,775 | 1,836 | 1,863 | 1,585 | 1,736 | +9.5% |
| Operating profit (EBIT) | 15 | 170 | 43 | 232 | −180 | 98 | +154.7% |
| Profit before tax | 8 | 162 | 35 | 228 | −181 | 98 | +154.2% |
| Net profit | 7 | 127 | 29 | 178 | −143 | 70 | +149.1% |
| Total assets | 1,335 | 1,455 | 1,419 | 1,519 | 1,133 | 1,151 | +1.6% |
| Equity | 793 | 920 | 834 | 987 | 669 | 739 | +10.5% |
| Liabilities | 541 | 532 | 581 | 529 | 464 | 412 | −11.2% |
| Cash and cash equivalents | 422 | 113 | 121 | 484 | 341 | 346 | +1.7% |
| Average number of employees | 4 | 4 | 4 | 4 | 4 | 3 | −25% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 02/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 06/02/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 05/02/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 30/01/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 25/01/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 04/02/2021 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
140 companies in the databaseComparison with the other companies in manufacture of instruments and appliances for measuring, testing and navigation based on the latest financial year.
Industry median: gross profit DKK 5.6m, net profit DKK 614k, equity DKK 4.2m, 7 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 33,852of 69,742 Better than 51% | No. 37,570of 69,964 Better than 46% |
| Same industry and fewer than 20 employees91 companies in the comparison | No. 62of 91 Better than 32% | No. 62of 91 Better than 32% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 16,306of 24,791 Better than 34% | No. 19,291of 24,909 Better than 23% |
| All companies of type ApS66,508 companies in the comparison | No. 32,735of 66,379 Better than 51% | No. 33,425of 66,505 Better than 50% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Manufacture of instruments and appliances for measuring, testing and navigation- Timco Electronic ApSDKK 1.7m
- Radiometer Medical ApSDKK 2.5bn
- Kamstrup A/SDKK 1.5bn
- Timco Electronic ApSDKK 69,946
- Radiometer Medical ApSDKK 851m
- Kamstrup A/SDKK 503.3m
- Timco Electronic ApSDKK 739k
- Radiometer Medical ApSDKK 4.3bn
- Kamstrup A/SDKK 1.6bn
- Timco Electronic ApS4
- Radiometer Medical ApS1,292
- Kamstrup A/S1,226
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Timco Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Michael Søe Andersen | Director | 28/01/2003 |
- Founders
- Anpartsselskabet Stakemann
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kim Madsen | CEO | 05/12/2002 | 28/01/2003 |
Signing rule: Selskabet tegnes af en direktør.
Address and production units
1 active production unitsKærvej 98
6400 Sønderborg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| TIMCO ELECTRONIC ApS | Kærvej 98, 6400 Sønderborg | 4 | 1009580782 |
Purpose
Selskabets formål er at drive produktionsvirksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
19 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Manufacture of instruments and appliances for measuring, testing and navigation (265100)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20141 changeaddress 1
- AddressMoved to Kærvej 98, 6400 Sønderborg
20081 changeindustry 1
- IndustryIndustry changed to Manufacture of instruments and appliances for measuring, testing and navigation (265100)
20071 changeaddress 1
- AddressMoved to Møllegade 44-46, Holm, 6430 Nordborg
20061 changeownership 1
- OwnershipTIMCO HOLDING ApS registered as owner (100%)
20036 changesname 1 · address 1 · capital 1 · management 2 · industry 1
- NameName changed from ApS KBUS 38 NR. 5162 to TIMCO ELECTRONIC ApS
- AddressMoved to Møllegade 44-46, Holm, 6430 Nordborg
- CapitalShare capital changed from 125,000 DKK to 300,000 DKK
- ManagementMichael Søe Andersen appointed director
- ManagementKim Madsen stepped down as ceo
- IndustryIndustry changed to Fremstilling af andet måle- og kontroludstyr (332090)
20022 changesfounded 1 · management 1
- FoundedRegistered as ApS KBUS 38 NR. 5162
- ManagementKim Madsen appointed ceo
Related companies
Same industry in Sønderborg
- Oj Electronics A/S184 employees
- Agramkow Fluid Systems A/S134 employees
- Aqsep A/S4 employees
- Hamso Engineering ApS3 employees
Same people in management
- Tryg Forsikring A/Svia Kim Madsen
- Atea A/Svia Kim Madsen
- itm8 A/Svia Kim Madsen
- Nomeco A/Svia Kim Madsen
- Randstad A/Svia Kim Madsen
- JN Data A/Svia Kim Madsen
Largest in the industry
- Radiometer Medical ApSDKK 2.5bn
- Kamstrup A/SDKK 1.5bn
- Trackman A/SDKK 1.4bn
- Terma A/SDKK 864.2m
- Weibel Scientific A/SDKK 571m
- Deif A/SDKK 471.5m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.