Timevat A/S
Public limited companyCVR 40688765TaastrupActive
Timevat A/S is a public limited company, based in Taastrup, active in accounting, bookkeeping and auditing; tax consultancy, founded in 2019. Net profit rose 31% from 2024 to 2025, ending at DKK 9.6m. Profit has grown three years in a row. With 16 employees, the company is about 8 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 4% (2024 → 2025), to DKK 15.8m.
- Net profit rose 31% (2024 → 2025), to DKK 9.6m.
- Equity rose 14% (2024 → 2025), to DKK 11.9m.
Management and owners, last 24 months
- New in management: Morten Bo Abildløkke Rasmussen (director, 27/06/2025), Morten Bo Abildløkke Rasmussen (board member, 27/06/2025) and Peter Schack (chair of the board, 27/06/2025) (+1).
- Stepped down: Morten Bo Abildløkke Rasmussen (chair of the board, 26/06/2025), Annette Rasmussen (board member, 27/06/2025) and Michael Elgaard Nielsen (board member, 27/06/2025).
- New owners registered: Accru Partners Danmark ApS (27/06/2025).
- No longer registered as owner: Sikabo Holding ApS (27/06/2025) and AMBAR Holding ApS (27/06/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Accounting, bookkeeping and auditing; tax consultancy (692000)
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 | 2,810 | 7,605 | 10,227 | 11,417 | 15,164 | 15,751 | +3.9% |
| Operating profit (EBIT) | 597 | 3,735 | 3,489 | 2,982 | 6,643 | 6,829 | +2.8% |
| Profit before tax | 533 | 5,071 | 5,005 | 4,426 | 9,020 | 11,151 | +23.6% |
| Net profit | 415 | 4,255 | 4,239 | 3,788 | 7,387 | 9,646 | +30.6% |
| Total assets | 2,502 | 8,643 | 9,519 | 9,791 | 15,569 | 19,258 | +23.7% |
| Equity | 903 | 5,071 | 6,310 | 4,559 | 10,412 | 11,860 | +13.9% |
| Liabilities | 1,599 | 3,572 | 3,209 | 5,182 | 5,158 | 7,398 | +43.4% |
| Cash and cash equivalents | 1,687 | 1,139 | 5,890 | 7,254 | 10,706 | 4,202 | −60.8% |
| Average number of employees | 5 | 7 | 15 | 17 | 17 | 15 | −11.8% |
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
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 04/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 25/02/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 04/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 29/05/2022 | The company | PDFXBRL |
| 2020 | 01/08/2019 – 31/12/2020 | 21/05/2021 | 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
1,097 companies in the databaseComparison with the other companies in accounting, bookkeeping and auditing; tax consultancy based on the latest financial year.
Industry median: gross profit DKK 1.4m, net profit DKK 135k, equity DKK 527k, 2 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. 2,229of 69,742 Better than 97% | No. 8,104of 69,964 Better than 88% |
| Same industry and fewer than 20 employees1,001 companies in the comparison | No. 11of 1,001 Better than 99% | No. 28of 1,001 Better than 97% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 2,694of 33,588 Better than 92% | No. 3,320of 33,687 Better than 90% |
| All companies of type A/S18,025 companies in the comparison | No. 6,990of 17,786 Better than 61% | No. 8,061of 18,024 Better than 55% |
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
Accounting, bookkeeping and auditing; tax consultancy- Timevat A/SDKK 15.8m
- Beierholm Godkendt RevisionspartnerselskabDKK 1.5bn
- KPMG P/SDKK 603.7m
- Timevat A/SDKK 9.6m
- Beierholm Godkendt RevisionspartnerselskabDKK 1.3m
- KPMG P/SDKK 4m
- Timevat A/SDKK 11.9m
- Beierholm Godkendt RevisionspartnerselskabDKK 70.8m
- KPMG P/SDKK 85.1m
- Timevat A/S16
- Beierholm Godkendt Revisionspartnerselskab1,851
- KPMG P/S573
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Sine Borup | CEO | 01/08/2019 |
| Morten Bo Abildløkke Rasmussen | Director | 27/06/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Morten Bo Abildløkke Rasmussen | Board member | 27/06/2025 |
| Peter Schack | Chair of the board | 27/06/2025 |
| Mads Hauge Rasmussen | Board member | 27/06/2025 |
- Founders
- Morten Bo Abildløkke Rasmussen, Sine Borup
Former management (4)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Morten Bo Abildløkke Rasmussen | Chair of the board | 01/08/2019 | 26/06/2025 |
| Annette Rasmussen | Board member | 01/08/2019 | 27/06/2025 |
| Kathrine Lykke Jønsson | Board member | 01/08/2019 | 31/01/2022 |
| Michael Elgaard Nielsen | Board member | 01/08/2019 | 27/06/2025 |
Signing rule: Selskabet tegnes af en direktør og et bestyrelsesmedlem i forening, eller af den samlede bestyrelse i forening
Address and production units
1 active production unitsHøje Taastrup Boulevard 52
2630 Taastrup
Høje-Taastrup Municipality · Postcode 2630
Other companies at the address (3)
- Aiqos ApSComputer consultancy and computer facilities management
- Solvencytool ApSComputer programming activities
- KLP Pensionsrådgivning ApSActivities of insurance agents and brokers
| Production unit | Address | Employees | P number |
|---|---|---|---|
| TIMEVAT A/S | Høje Taastrup Boulevard 52, 1, Høje Taastrup, 2630 Taastrup | 17 | 1024908603 |
Purpose
Virksomhedens formål er konsulent- samt rådgivningsopgaver samt indberetning af moms og lign., men ikke begrænset til disse.
The purpose is quoted from the register in Danish.
Changes year by year
31 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
202512 changesmanagement 7 · ownership 3 · accounts 1 · industry 1
- ManagementMorten Bo Abildløkke Rasmussen appointed director
- ManagementMorten Bo Abildløkke Rasmussen appointed board member
- ManagementPeter Schack appointed chair of the board
- ManagementMads Hauge Rasmussen appointed board member
- ManagementAnnette Rasmussen stepped down as board member
- ManagementMichael Elgaard Nielsen stepped down as board member
- OwnershipAccru Partners Danmark ApS registered as owner (100%)
- OwnershipSikabo Holding ApS is no longer registered as owner
- OwnershipAMBAR Holding ApS is no longer registered as owner
- ManagementMorten Bo Abildløkke Rasmussen stepped down as chair of the board
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Accounting, bookkeeping and auditing; tax consultancy (692000)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20222 changesaccounts 1 · management 1
- AccountsAnnual report for 2021 published
- ManagementKathrine Lykke Jønsson stepped down as board member
20212 changesaddress 1 · accounts 1
- AddressMoved to Høje Taastrup Boulevard 52, 1, Høje Taastrup, 2630 Taastrup
- AccountsAnnual report for 2020 published
201912 changesownership 6 · founded 1 · management 5
- OwnershipSikabo Holding ApS registered as owner (50%)
- OwnershipAMBAR Holding ApS registered as owner (50%)
- OwnershipMorten Bo Abildløkke Rasmussen is no longer registered as owner
- OwnershipSine Borup is no longer registered as owner
- FoundedRegistered as TIMEVAT A/S
- ManagementMorten Bo Abildløkke Rasmussen appointed chair of the board
- ManagementSine Borup appointed ceo
- ManagementAnnette Rasmussen appointed board member
- ManagementKathrine Lykke Jønsson appointed board member
- ManagementMichael Elgaard Nielsen appointed board member
- OwnershipMorten Bo Abildløkke Rasmussen registered as owner (50%)
- OwnershipSine Borup registered as owner (50%)
Related companies
Same industry in Høje-Taastrup
- Ri Statsautoriseret Revisionspartnerselskab80 employees
- Taastrup 2024 P/S25 employees
- Dansk Retail Services A/S20 employees
- Optimal Revision Godkendt Revisionsanpartsselskab13 employees
- Efectus ApS7 employees
- Exacta Regnskab ApS7 employees
Same people in management
- Leman A/Svia Morten Bo Abildløkke Rasmussen
- Sønderup Godkendt Revisionsaktieselskabvia Mads Hauge Rasmussen
- IntraVAT ApSvia Kathrine Lykke Jønsson
- DuMed A/Svia Peter Schack
- Accru Partners Danmark ApSvia Peter Schack
Largest in the industry
- Beierholm Godkendt RevisionspartnerselskabDKK 1.5bn
- KPMG P/SDKK 603.7m
- KPMG Acor Tax PartnerselskabDKK 331.2m
- Redmark, Godkendt RevisionspartnerselskabDKK 272.1m
- Martinsen Statsautoriseret RevisionspartnerselskabDKK 253.2m
- FactoFly ApSDKK 235.4m
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.