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Timextender A/S

Public limited companyCVR 29216711Aarhus CActive

Timextender A/S is a public limited company, based in Aarhus C, active in other software publishing, founded in 2005. The company made a loss in both 2024 and 2025, most recently DKK 8.2m. With 27 employees, the company is about 7 times larger than the industry median. Equity fell to DKK 18.9m in 2025.

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Key figures · financial year 2025

RevenueDKK 97.1m+7% vs. 2024
Net profit−DKK 8.2m+78.8% vs. 2024
EquityDKK 18.9m−47.7% vs. 2024
Employees27latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 43% (2024 → 2025), to DKK 86.6m.
  • Revenue rose 7% (2024 → 2025), to DKK 97.1m.
  • The loss got smaller: from DKK 38.7m to DKK 8.2m (2024 → 2025).
  • Equity fell 48% (2024 → 2025), to DKK 18.9m.

Employees

  • 4 fewer employees than a year earlier: 27 (08/2026) against 31 (08/2025).

Management and owners, last 24 months

  • New in management: Alexandra Jane Bosson (ceo, 01/04/2025), Heine Baden Krog Iversen (board member, 22/04/2025) and Alexandra Jane Bosson (board member, 01/04/2025).
  • Stepped down: Heine Baden Krog Iversen (ceo, 31/03/2025), Ragnar Þórir Guðgeirsson (board member, 22/04/2025) and Alexandra Jane Bosson (board member, 01/04/2025).

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 60m−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40m202020212022202320242025
EquityNet profit
Financial figures for Timextender A/S
202020212022202320242025Change
Revenuenot stated45,03780,10390,55790,70297,084+7%
Gross profit4,49712,7088,27067,34660,45086,563+43.2%
Operating profit (EBIT)−20,645−12,309−46,861−23,298−33,545−5,090+84.8%
Profit before tax−22,113−12,658−48,694−26,401−34,055−6,360+81.3%
Net profit−21,207−9,660−46,894−26,298−38,655−8,177+78.8%
Total assets45,36751,81747,97784,732142,432127,800−10.3%
Equity−31,8193,628−13,68510,43236,09018,871−47.7%
Liabilities77,18648,18961,66267,815101,838104,845+3%
Cash and cash equivalents471,6312,0425,6122,709876−67.7%
Average number of employees393642808280−2.4%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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: 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 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
Gross profitMedian, the industry (499 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 48% from 2024 to 2025 (DKK 36.1m to DKK 18.9m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 Timextender A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202518/05/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202405/05/2025The groupPDFXBRL
202301/01/2023 – 31/12/202303/04/2024The groupPDFXBRL
202201/07/2021 – 31/12/202202/06/2023The companyPDFXBRL
202101/07/2020 – 30/06/202126/11/2021The companyPDFXBRL
202001/07/2019 – 30/06/202030/11/2020The 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
0510152025303509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 86.6mNo. 12 of 494
Better than 98% of the companies in the industry
EquityDKK 18.9mNo. 60 of 499
Better than 88% of the companies in the industry
Number of employees27No. 19 of 499
Better than 96% 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 20–49 employees9,922 companies in the comparison
No. 170of 9,892
Better than 98%
No. 1,845of 9,922
Better than 81%
Same industry and 20–49 employees64 companies in the comparison
No. 1of 63
Better than 100%
No. 19of 64
Better than 71%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 827of 24,791
Better than 97%
No. 4,608of 24,909
Better than 82%
All companies of type A/S18,025 companies in the comparison
No. 1,794of 17,786
Better than 90%
No. 6,377of 18,024
Better than 65%

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. Timextender A/SDKK 86.6m
  2. Milestone Systems A/SDKK 2bn
  3. Visma e-conomic A/SDKK 880.2m
Net profit
  1. Timextender A/S−DKK 8.2m
  2. Milestone Systems A/SDKK 183.4m
  3. Visma e-conomic A/SDKK 456.2m
Equity
  1. Timextender A/SDKK 18.9m
  2. Milestone Systems A/SDKK 1.7bn
  3. Visma e-conomic A/SDKK 471.5m
Employees
  1. Timextender A/S27
  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
  • TimeXtender Intressenter ApS100%
Timextender A/S

Management

5 active registrations

Executive management

Executive management at Timextender A/S
NameRoleAppointed
Alexandra Jane BossonCEO01/04/2025

Board of directors

Board of directors at Timextender A/S
NameRoleAppointed
Per IvanssonBoard member09/05/2022
Thomas BillBoard member09/05/2022
Martin HenricsonChair of the board09/05/2022
Heine Baden Krog IversenBoard member22/04/2025
Founders
Timextender Holding ApS
Former management (26)
Former management at Timextender A/S
NameRoleAppointedResigned
Heine Baden Krog IversenBoard member23/12/200522/11/2017
Heine Baden Krog IversenDirector23/12/200523/11/2017
Enrico Krog IversenBoard member25/09/200627/06/2007
Niels Bo JørgensenBoard member27/02/200726/05/2012
Klaus TermansenBoard member24/06/200806/11/2013
Klaus TermansenDirector06/11/201320/10/2014
Henning Krog-IversenChair of the board06/11/201323/11/2015
Anne Sondrup IversenBoard member06/11/201320/10/2014
Anne Sondrup IversenDirector20/10/201423/11/2017
Carl-Gustav von SchimmelmannBoard member20/10/201424/11/2015
Clas Nylandsted AndersenChair of the board24/11/201501/02/2019
Henning Krog-IversenBoard member24/11/201531/01/2019
Jørgen Krog KaufmannCEO23/11/201722/03/2018
Heine Baden Krog IversenDeputy chair23/11/201722/03/2018
Anne Sondrup IversenBoard member23/11/201723/09/2020
Heine Baden Krog IversenCEO22/03/201831/03/2025
Thomas Gylling LoftDirector22/03/201821/02/2020
Henning Krog-IversenChair of the board01/02/201923/09/2020
Birgit Krog-IversenBoard member01/02/201909/05/2022
Klaus VangDirector21/02/202028/02/2023
Jørn Uffe BonnesenBoard member23/09/202013/10/2021
Torben Frigaard RasmussenChair of the board23/09/202009/05/2022
Christian Alexander GeertsenBoard member13/10/202109/05/2022
Heine Baden Krog IversenBoard member09/05/202219/03/2024
Ragnar Þórir GuðgeirssonBoard member19/03/202422/04/2025
Alexandra Jane BossonBoard member01/04/202501/04/2025

Signing rule: Selskabet tegnes af formanden og den administrerende direktør i forening, af formanden og et bestyrelsesmedlem i forening, eller af den samlede bestyrelse.

Address and production units

1 active production units

Mariane Thomsens Gade 4B
8000 Aarhus C

Aarhus Municipality · Postcode 8000

Other companies at the address (6)

Production units
Production unitAddressEmployeesP number
TIMEXTENDER A/SMariane Thomsens Gade 4B, 3, 8000 Aarhus C271011920426

Purpose

Selskabets formål er udvikling, produktion, handel, service, finansiering og anden dermed i forbindelse stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

78 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20257 changesaccounts 1 · management 6
  • Annual report for 2024 published
  • Heine Baden Krog Iversen appointed board member
  • Ragnar Þórir Guðgeirsson stepped down as board member
  • Alexandra Jane Bosson appointed ceo
  • Alexandra Jane Bosson appointed board member
  • Alexandra Jane Bosson stepped down as board member
  • Heine Baden Krog Iversen stepped down as ceo
20243 changesaccounts 1 · management 2
  • Annual report for 2023 published
  • Ragnar Þórir Guðgeirsson appointed board member
  • Heine Baden Krog Iversen stepped down as board member
20232 changesaccounts 1 · management 1
  • Annual report for 2022 published
  • Klaus Vang stepped down as director
202210 changesaddress 1 · management 7 · ownership 2
  • Moved to Mariane Thomsens Gade 4B, 3, 8000 Aarhus C
  • Heine Baden Krog Iversen appointed board member
  • Martin Henricson appointed chair of the board
  • Thomas Bill appointed board member
  • Per Ivansson appointed board member
  • Christian Alexander Geertsen stepped down as board member
  • Torben Frigaard Rasmussen stepped down as chair of the board
  • Birgit Krog-Iversen stepped down as board member
  • TimeXtender Intressenter ApS registered as owner (100%)
  • TIMEXTENDER HOLDING ApS is no longer registered as owner
20213 changesaccounts 1 · management 2
  • Annual report for 2021 published
  • Christian Alexander Geertsen appointed board member
  • Jørn Uffe Bonnesen stepped down as board member
20208 changesaccounts 1 · management 6 · address 1
  • Annual report for 2020 published
  • Jørn Uffe Bonnesen appointed board member
  • Torben Frigaard Rasmussen appointed chair of the board
  • Henning Krog-Iversen stepped down as chair of the board
  • Anne Sondrup Iversen stepped down as board member
  • Moved to Hedeager 5, 8200 Aarhus N
  • Klaus Vang appointed director
  • Thomas Gylling Loft stepped down as director
20194 changesmanagement 4
  • Birgit Krog-Iversen appointed board member
  • Henning Krog-Iversen appointed chair of the board
  • Clas Nylandsted Andersen stepped down as chair of the board
  • Henning Krog-Iversen stepped down as board member
20184 changesmanagement 4
  • Heine Baden Krog Iversen appointed ceo
  • Thomas Gylling Loft appointed director
  • Jørgen Krog Kaufmann stepped down as ceo
  • Heine Baden Krog Iversen stepped down as deputy chair
20177 changesmanagement 6 · merger 1
  • Jørgen Krog Kaufmann appointed ceo
  • Anne Sondrup Iversen appointed board member
  • Heine Baden Krog Iversen appointed deputy chair
  • Anne Sondrup Iversen stepped down as director
  • Heine Baden Krog Iversen stepped down as director
  • Heine Baden Krog Iversen stepped down as board member
  • Merger registered in CVR
20154 changesmanagement 4
  • Henning Krog-Iversen appointed board member
  • Clas Nylandsted Andersen appointed chair of the board
  • Carl-Gustav von Schimmelmann stepped down as board member
  • Henning Krog-Iversen stepped down as chair of the board
20144 changesmanagement 4
  • Anne Sondrup Iversen appointed director
  • Carl-Gustav von Schimmelmann appointed board member
  • Klaus Termansen stepped down as director
  • Anne Sondrup Iversen stepped down as board member
20135 changesmanagement 4 · address 1
  • Klaus Termansen appointed director
  • Anne Sondrup Iversen appointed board member
  • Henning Krog-Iversen appointed chair of the board
  • Klaus Termansen stepped down as board member
  • Moved to Bredskifte Allé 13, 2, Hasle, 8210 Aarhus V
20121 changemanagement 1
  • Niels Bo Jørgensen stepped down as board member
20111 changeindustry 1
  • Industry changed to Other software publishing (582900)
20092 changescapital 1 · merger 1
  • Share capital changed from 23,500,000 DKK to 44,000,000 DKK
  • Merger registered in CVR
20082 changesmanagement 1 · industry 1
  • Klaus Termansen appointed board member
  • Industry changed to Activities of other credit companies (649230)
20073 changescapital 1 · management 2
  • Share capital changed from 6,500,000 DKK to 23,500,000 DKK
  • Enrico Krog Iversen stepped down as board member
  • Niels Bo Jørgensen appointed board member
20063 changesmanagement 1 · capital 1 · address 1
  • Enrico Krog Iversen appointed board member
  • Share capital changed from 500,000 DKK to 6,500,000 DKK
  • Moved to Klamsagervej 35, 8230 Åbyhøj
20054 changesfounded 1 · management 2 · ownership 1
  • Registered as TIMEXTENDER A/S
  • Heine Baden Krog Iversen appointed board member
  • Heine Baden Krog Iversen appointed director
  • TIMEXTENDER HOLDING ApS registered as owner (100%)

Related companies

Same industry in Aarhus

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction