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Timegrip A/S

Public limited companyCVR 25281462Aalborg SVActive

Timegrip A/S is a public limited company, based in Aalborg SV, active in other software publishing, founded in 2000. With 51 employees, the company is about 13 times larger than the industry median. Equity grew to DKK 17.2m in 2025. Gross profit is higher than that of 95% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 55.7m+3.5% vs. 2024
Net profitDKK 16.2m−2.8% vs. 2024
EquityDKK 17.2m+146.6% vs. 2024
Employees51latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 3% (2024 → 2025), to DKK 55.7m.
  • Net profit fell 3% (2024 → 2025), to DKK 16.2m.
  • Equity rose 147% (2024 → 2025), to DKK 17.2m.

Employees

  • 4 fewer employees than a year earlier: 51 (08/2026) against 55 (08/2025).

Management and owners, last 24 months

  • New in management: Rex Archard Clausager (board member, 21/08/2026), Morten Weesgaard (board member, 21/08/2026) and Josephus Carolus Maria Eijkens (chair of the board, 21/08/2026).
  • Stepped down: Henrik Baasch (board member, 21/08/2026), Wessel Geoff Ploegmakers (chair of the board, 21/08/2026) and Hans Charly Zwemstra (board member, 21/08/2026).
  • New owners registered: Timegrip International ApS (01/12/2024).
  • No longer registered as owner: Timegrip International ApS (30/11/2024).

Registrations, last 24 months

  • 29/01/2025: Name changed from TIMEPLAN A/S to TIMEGRIP A/S
  • 01/12/2024: Merger registered in CVR
  • 01/12/2024: Share capital changed from 500,000 DKK to 510,000 DKK

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 thousand

Equity and net profit

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
EquityNet profit
Financial figures for Timegrip A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit39,14942,23944,56742,54153,83155,704+3.5%
Operating profit (EBIT)20,91022,16922,77919,71022,65919,572−13.6%
Profit before tax20,93422,26223,01019,20921,73420,851−4.1%
Net profit16,32717,36417,94414,60016,70816,235−2.8%
Total assets27,11827,85628,21229,80227,25238,727+42.1%
Equity17,42618,49011,9588,2266,98217,217+146.6%
Liabilities9,6689,34216,23921,57620,26021,504+6.1%
Cash and cash equivalents10,5451,4661,79913,46610,9052,324−78.7%
Average number of employees333538415653−5.4%

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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202020212022202320242025
Gross profitMedian, the industry (499 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Timegrip A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202527/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202428/03/2025The companyPDFXBRL
202301/05/2022 – 30/04/202316/04/2024The companyPDFXBRL
202201/05/2021 – 30/04/202230/08/2022The companyPDFXBRL
202101/05/2020 – 30/04/202110/09/2021The companyPDFXBRL
202001/05/2019 – 30/04/202025/09/2020The companyPDFXBRL

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 CVR
010203040506009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

499 companies in the database

Comparison with the other companies in other software publishing based on the latest financial year.

Gross profitDKK 55.7mNo. 26 of 494
Better than 95% of the companies in the industry
EquityDKK 17.2mNo. 61 of 499
Better than 88% of the companies in the industry
Number of employees51No. 26 of 499
Better than 95% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 42,450, equity DKK 1.1m, 4 employees.

DKK 100kDKK 1.2mDKK 14.1mDKK 168.1mDKK 875.9mHere
Distribution of gross profit for 427 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 50–199 employees4,467 companies in the comparison
No. 1,580of 4,412
Better than 64%
No. 2,346of 4,466
Better than 47%
Same industry and 50–199 employees24 companies in the comparison
No. 16of 23
Better than 32%
No. 19of 24
Better than 22%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 1,285of 24,791
Better than 95%
No. 4,872of 24,909
Better than 80%
All companies of type A/S18,025 companies in the comparison
No. 2,647of 17,786
Better than 85%
No. 6,704of 18,024
Better than 63%

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

Other software publishing
Gross profit
  1. Timegrip A/SDKK 55.7m
  2. Milestone Systems A/SDKK 2bn
  3. Visma e-conomic A/SDKK 880.2m
Net profit
  1. Timegrip A/SDKK 16.2m
  2. Milestone Systems A/SDKK 183.4m
  3. Visma e-conomic A/SDKK 456.2m
Equity
  1. Timegrip A/SDKK 17.2m
  2. Milestone Systems A/SDKK 1.7bn
  3. Visma e-conomic A/SDKK 471.5m
Employees
  1. Timegrip A/S51
  2. Milestone Systems A/S531
  3. Visma e-conomic A/S456

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
Timegrip A/S

Management

4 active registrations

Executive management

Executive management at Timegrip A/S
NameRoleAppointed
Rex Archard ClausagerCEO01/08/2019

Board of directors

Board of directors at Timegrip A/S
NameRoleAppointed
Rex Archard ClausagerBoard member21/08/2026
Morten WeesgaardBoard member21/08/2026
Josephus Carolus Maria EijkensChair of the board21/08/2026
Former management (11)
Former management at Timegrip A/S
NameRoleAppointedResigned
Edvard BaaschBoard member30/05/200006/10/2000
Peter Frank HansenBoard member30/05/200006/10/2000
Henrik BaaschBoard member30/05/200031/07/2019
Henrik BaaschDirector30/05/200001/08/2019
Erik Alfred JensenBoard member06/10/200007/02/2022
Kis FlindtBoard member06/10/200017/11/2022
Henrik BaaschChair of the board01/08/201916/11/2022
Rex Archard ClausagerBoard member07/02/202217/11/2022
Henrik BaaschBoard member17/11/202221/08/2026
Wessel Geoff PloegmakersChair of the board17/11/202221/08/2026
Hans Charly ZwemstraBoard member17/11/202221/08/2026

Signing rule: Selskabet tegnes af den administrerende direktør, af bestyrelsesformanden eller af den samlede bestyrelse.

Address and production units

1 active production units

Vandmanden 10C
9200 Aalborg SV

Aalborg Municipality · Postcode 9200

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
TIMEGRIP A/SVandmanden 10C, 9200 Aalborg SV511007890792

Purpose

Selskabets formål er udvikling, markedsføring, salg og support af softwareproduktet TimePlan samt dermed efter direktionens skøn beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

54 registered events
20267 changesmanagement 6 · accounts 1
  • Josephus Carolus Maria Eijkens appointed chair of the board
  • Morten Weesgaard appointed board member
  • Rex Archard Clausager appointed board member
  • Henrik Baasch stepped down as board member
  • Hans Charly Zwemstra stepped down as board member
  • Wessel Geoff Ploegmakers stepped down as chair of the board
  • Annual report for 2025 published
20252 changesaccounts 1 · name 1
  • Annual report for 2024 published
  • Name changed from TIMEPLAN A/S to TIMEGRIP A/S
20245 changescapital 1 · ownership 2 · merger 1 · accounts 1
  • Share capital changed from 500,000 DKK to 510,000 DKK
  • Timegrip International ApS registered as owner (100%)
  • Merger registered in CVR
  • Timegrip International ApS is no longer registered as owner
  • Annual report for 2023 published
202216 changesmanagement 8 · ownership 6 · accounts 1 · address 1
  • Henrik Baasch appointed board member
  • Hans Charly Zwemstra appointed board member
  • Wessel Geoff Ploegmakers appointed chair of the board
  • Rex Archard Clausager stepped down as board member
  • Kis Flindt stepped down as board member
  • Timegrip International ApS registered as owner (100%)
  • H. Baasch ApS is no longer registered as owner
  • Cee3 Holding ApS is no longer registered as owner
  • Henrik Baasch stepped down as chair of the board
  • H. Baasch ApS registered as owner (90%)
  • Cee3 Holding ApS registered as owner (10%)
  • H. BAASCH HOLDING ApS is no longer registered as owner
  • Annual report for 2022 published
  • Moved to Vandmanden 10C, 9200 Aalborg SV
  • Rex Archard Clausager appointed board member
  • Erik Alfred Jensen stepped down as board member
20211 changeaccounts 1
  • Annual report for 2021 published
20201 changeaccounts 1
  • Annual report for 2020 published
20196 changesaddress 2 · management 4
  • Moved to Vandmanden 10C, 9200 Aalborg SV
  • Moved to Vandmanden 10C, 9200 Aalborg SV
  • Rex Archard Clausager appointed ceo
  • Henrik Baasch appointed chair of the board
  • Henrik Baasch stepped down as director
  • Henrik Baasch stepped down as board member
20171 changeaddress 1
  • Moved to Vandmanden 10C, 9200 Aalborg SV
20121 changename 1
  • Name changed from SIMPLEX A/S to TIMEPLAN A/S
20091 changeaddress 1
  • Moved to Indkildevej 6D, 1, 9210 Aalborg SØ
20081 changeindustry 1
  • Industry changed to Other software publishing (582900)
20051 changeindustry 1
  • Industry changed to Udvikling af standardsoftware (722100)
20011 changeownership 1
  • H. BAASCH HOLDING ApS registered as owner (100%)
200010 changesname 1 · management 8 · founded 1
  • Name changed from ERHVERVSSERVICE NORD A/S to SIMPLEX A/S
  • Kis Flindt appointed board member
  • Erik Alfred Jensen appointed board member
  • Peter Frank Hansen stepped down as board member
  • Edvard Baasch stepped down as board member
  • Registered as ERHVERVSSERVICE NORD A/S
  • Peter Frank Hansen appointed board member
  • Henrik Baasch appointed director
  • Henrik Baasch appointed board member
  • Edvard Baasch appointed board member

Related companies

Same industry in Aalborg

See all →

Same people in management

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.

View in CVRReport a correction