TIMEmSYSTEM ApS
Core data
Name | TIMEmSYSTEM ApS |
Address | Gærtorvet 3, 1799, København V |
Founded | Mar 5, 2010 |
| 26 / 25 | |
Locations (P-units) | 1View locations |
Website | https://timemsystem.com/ |
VAT registered | |
Branch | Anden udgivelse af software (582900) |
Name | TIMEmSYSTEM ApS |
Address | Gærtorvet 3, 1799, København V |
Founded | Mar 5, 2010 |
| 26 / 25 |
Locations (P-units) | 1View locations |
Website | https://timemsystem.com/ |
VAT registered | |
Branch | Anden udgivelse af software (582900) |
Keep track of TIMEmSYSTEM ApS
Description
TIMEmSYSTEM provides mTIME, a flexible time-registration and resource-optimization system for public, semi-public and private organizations and educational institutions. The system manages working-time rules, collective agreements, absence, leave, supplements and integrations with HR and financial systems.
The company develops and delivers time-registration products and components, including automated handling of working-time rules, leave, absence, supplements, reporting, integrations and mobile time registration.
Company's own description on virk.dk
Selskabets hovedaktivitet består i at sælge, udvikle, vedligeholde, supportere og drive software produkter. Selskabet vedligeholder produktet mTIME, der anvendes til planlægning af medarbejderes tidsanvendelse og efterfølgende opfølgning herpå. Desuden en række moduler og produkter der understøtter begrebet ”håndtering af tid” i flere niveauer, herunder, planlagt, kvalificeret, realiseret, historisk og budgetteret tid. Desuden forhandles skemalægningsproduktet TimeEdit, der komplimenterer og understøtter virksomhedens produktportefølje.
Products & services
mTIME time-registration system · mTIME App · Time and absence management · Resource optimization · Project and case registration · Management information and reporting · Software and system integrations · Integration consulting and development · Starter package · Enterprise package
Industries
Time-registration software · HR and workforce management software · Software integration
Customer types
Public organizations · Semi-public organizations · Private organizations · Educational institutions · Companies · Larger organizations
Analysis by AI ✨
TIMEmSYSTEM’s annual accounts show higher earnings in 2025 than in 2024: gross profit rose from DKK 25.2 million to DKK 28.8 million, and profit for the year increased from DKK 6.6 million to DKK 7.5 million. Equity was DKK 19.8 million at the end of 2025.
In August 2026 the company had 26 employees and 25 FTE, compared with 30 employees and 28 FTE in August 2025.
Since 3 March 2021, VISMA DANMARK HOLDING A/S has been TIMEmSYSTEM’s direct legal owner, with a 100% ownership stake and 100% of the voting rights. Visma AS in Norway owns 100% of VISMA DANMARK HOLDING A/S and is therefore an indirect owner of TIMEmSYSTEM. The company’s registered names have included TIMEMANAGEMENTSYSTEM ApS (2010–2013), TIMEMSYSTEM ApS (2013–2022) and Visma - timemsystem ApS (2022–2023).
AI-generated texts are based on registered information, which may be delayed or incomplete. Errors may occur.
Financials
| Reporting period | 2025DKK | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross profit | 28,821,565 | ||||||||
| Operating profit | 9,232,906 | ||||||||
| Profit before tax | 9,698,538 | ||||||||
| Net income | 7,541,390 | ||||||||
| Total assets | 26,848,042 | ||||||||
| Equity | 19,824,714 | ||||||||
| Avg. employees | 28 | ||||||||
2017–2025 Unlock financial history | |||||||||
Datapublica Risk Score
What goes into the assessment
Financials
Equity ratio, profitability, and liquidity
Accounts and history
Late filings and previous financial distress
Owners and management
Past bankruptcies and owners’ other companies
Company and connections
Age, industry, and shared addresses or contact details
Standard: Score and risk bandPro: Also a detailed explanation of the factors
Gazelle
2015Børsen GazelleCandidate 2027 — one financial year missing
Gross profit must be at least 47,223,578 DKK in the financial year ending Dec 31, 2026.
Børsen Gazelle is Dagbladet Børsen's award. Datapublica is not affiliated with Børsen. Calculated statuses are Datapublica's own analysis of public CVR financial-statement data.
Founders
| Founder | Registered as founder | Current roles | Ownership |
|---|---|---|---|
| Glen Mandsberg | Registered as founderMar 5, 2010 | Current roles — | Ownership — |
People
| Person | Roles | Titles |
|---|---|---|
| Edda Karen Davidsdottir | Roles Board | TitlesBESTYRELSESMEDLEM |
| Thea Boje Windfeldt | Roles Management | TitlesADM. DIR. |
Auditor
| Audit firm | Auditor | Role | From |
|---|---|---|---|
| EY Godkendt Revisionspartnerselskab | AuditorSøren Smedegaard Hvid | Rolestatsaut. revisor | FromApr 13, 2026 |
Legal owners
| Owner | Ownership | Voting rights | From |
|---|---|---|---|
| Ownership100 % | Voting rights100 % | FromMar 3, 2021 |
Beneficial owners
| Owner | Ownership | Voting rights | From | To |
|---|---|---|---|---|
| Ownership50 % | Voting rights50 % | FromMar 1, 2013 | ToMar 3, 2021 | |
| Ownership50 % | Voting rights50 % | FromMar 1, 2013 | ToMar 3, 2021 |
Ultimate owners
| Name | Ownership through | Calculated ownership |
|---|---|---|
| 🇳🇴Visma AS | Ownership through | 100 % |