---
title: "TIMEmSYSTEM ApS – CVR 32783899, financials and ownership"
description: "TIMEmSYSTEM ApS (CVR 32783899). Active · Anden udgivelse af software · København V. 26 employees (CVR) (Jul 2026). Gross profit 28.8M DKK (2025)."
canonical_url: "https://datapublica.dk/en/companies/32783899-timemsystem-aps"
locale: "en"
route_type: "company_overview"
robots: "index,follow"
---

# TIMEmSYSTEM ApS

TIMEmSYSTEM ApS \(CVR 32783899\). Active · Anden udgivelse af software · København V. 26 employees \(CVR\) \(Jul 2026\). Gross profit 28.8M DKK \(2025\).

CVR number: 32783899

## Company details

- **CVR number:** 32783899

- **Status:** Aktiv

- **Address:** Gærtorvet 3, 1799, København V

- **Legal form:** Anpartsselskab \(ApS\)

- **Founded:** Mar 5, 2010

- **Employees:** 26

- **Production units:** 1

- **Website:** https://timemsystem.com/

## 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

## Activities and industry

- Anden udgivelse af software

- 582900 — Anden udgivelse af software

## Latest financial period

- **Reporting period:** 2025

- **Currency:** DKK

- **Gross profit:** 28,821,565

- **Operating profit:** 9,232,906

- **Profit after tax:** 7,541,390

- **Assets:** 26,848,042

- **Equity:** 19,824,714

## Founders

| Founder | Registered as founder | Current roles | Ownership |
| --- | --- | --- | --- |
| [Glen Mandsberg](https://datapublica.dk/en/people/pid_entity_4000280319-glen-mandsberg) | Mar 5, 2010 | — | — |

## People

| Person | Roles | Titles |
| --- | --- | --- |
| [Edda Karen Davidsdottir](https://datapublica.dk/en/people/pid_entity_4009915855-edda-karen-davidsdottir) | Board | BESTYRELSESMEDLEM |
| [Thea Boje Windfeldt](https://datapublica.dk/en/people/pid_entity_4009142698-thea-boje-windfeldt) | Management | ADM. DIR. |

## Auditor

| Audit firm | Auditor | Role | From |
| --- | --- | --- | --- |
| EY Godkendt Revisionspartnerselskab | Søren Smedegaard Hvid | statsaut. revisor | Apr 13, 2026 |

## Contact

### From [cvr.dk](https://datacvr.virk.dk/)

| Contact | Phone | Email |
| --- | --- | --- |
| Company | 4375\*\*\*\* [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F32783899-timemsystem-aps) | ad\*\*\*@timemsystem.com [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F32783899-timemsystem-aps) |

### From [timemsystem.com](https://timemsystem.com/)

| Contact | Phone | Email |
| --- | --- | --- |
| Main | — | co\*\*\*\*\*@timemsystem.com [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F32783899-timemsystem-aps) |
| Sales | — | sa\*\*@timemsystem.com [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F32783899-timemsystem-aps) |

## Legal owners

### Current

| Owner | Ownership | Voting rights | From |
| --- | --- | --- | --- |
| OwnerVISMA DANMARK HOLDING A/S | Ownership100 % | Voting rights100 % | FromMar 3, 2021 |

### Previous

| Owner | Ownership | Voting rights | From | To |
| --- | --- | --- | --- | --- |
| OwnerBADURA HOLDING ApS | Ownership50–66.66 % | Voting rights50 % | FromMar 1, 2013 | ToMar 3, 2021 |
| OwnerKTC2 HOLDING ApS | Ownership50–66.66 % | Voting rights50 % | FromMar 1, 2013 | ToMar 3, 2021 |

## Beneficial owners

### Previous

| Owner | Ownership | Voting rights | From | To |
| --- | --- | --- | --- | --- |
| OwnerJan Wolfgang Badura | Ownership50 % | Voting rights50 % | FromMar 1, 2013 | ToMar 3, 2021 |
| OwnerKhanh Bao Nguyen-Cong | Ownership50 % | Voting rights50 % | FromMar 1, 2013 | ToMar 3, 2021 |

## Ultimate owners
[View ownership diagram](https://datapublica.dk/en/companies/32783899-timemsystem-aps/portfolio)
| Name | Ownership through | Calculated ownership |
| --- | --- | --- |
| Visma AS | VISMA DANMARK HOLDING A/S | 100 % |

## Company pages

- [Overview](https://datapublica.dk/en/companies/32783899-timemsystem-aps)

- [Financial report](https://datapublica.dk/en/companies/32783899-timemsystem-aps/financials)

- [Risk](https://datapublica.dk/en/companies/32783899-timemsystem-aps/risk)

- [Timeline](https://datapublica.dk/en/companies/32783899-timemsystem-aps/timeline)

- [Ownership and relations](https://datapublica.dk/en/companies/32783899-timemsystem-aps/portfolio)

- [Production units](https://datapublica.dk/en/companies/32783899-timemsystem-aps/production-units)

- [Gazelle](https://datapublica.dk/en/companies/32783899-timemsystem-aps/gazelle)

- [Investments](https://datapublica.dk/en/companies/32783899-timemsystem-aps/investments)

- [Company website](https://timemsystem.com/)

## Official sources

- [Official CVR record on Virk](https://datacvr.virk.dk/enhed/virksomhed/32783899)