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TIME GRUPPEN AS
AS
Active
Org 826159022
Kvålveien 14A, 4323 Sandnes
Rental and operating of own or leased real estate · NACE 6820
Est. 2020
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 420K
0% vs 2023
EBITDA margin
-5.2%
+79% vs 2023
Equity ratio
80.6%
Financial strength
Net profit 2024
NOK 12,3M
+34% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 420K
+0%
EBITDA
NOK -22K
+79%
Net profit
NOK 12,3M
+34%
Total assets
NOK 42,5M
+23%
Equity
NOK 34,2M
+27%
Employees
0
—
Company information
Legal name
TIME GRUPPEN AS
Org number
826159022
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
12. desember 2020
Share capital
NOK 72 858
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Eie aksjer, verdipapirer, fast eiendom, samt annet som står i naturlig forbindelse med dette.
Contact
Address
Kvålveien 14A, 4323 Sandnes
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Rental and operating of own or leased real estate
Companies in Sandnes
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
1M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
455
525
420
420
Staff expenses
−0
−0
−0
−0
EBITDA
−37
−10
−106
−22
Depreciation & amort.
−155
−209
−86
−17
EBIT
−192
−219
−192
−39
Net financials
15 881
13 922
11 894
15 558
Profit before tax
15 689
13 704
11 701
15 519
Tax
3 429
3 038
2 498
3 223
Net profit
12 260
10 666
9 203
12 297
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
34 191
39 539
34 529
42 477
Equity
15 053
22 719
26 922
34 218
Long-term debt
0
0
0
0
Short-term debt
19 138
16 820
7 608
8 258
Total debt
19 138
16 820
7 608
8 258
Financial ratios
5-year trend
EBITDA margin
-5.2%
This company
15.8%
Market median
-133% vs market
2021
2024
Equity ratio
80.6%
This company
38.2%
Market median
+111% vs market
2021
2024
Return on equity
35.9%
This company
18.4%
Market median
+95% vs market
2021
2024
Net profit margin
2927.8%
This company
8.1%
Market median
+36046% vs market
2021
2024
Asset turnover
0.01×
This company
1.12×
Market median
-99% vs market
2021
2024
Debt / equity
0.24×
This company
0.62×
Market median
+61% vs market
2021
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2020-08-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
JR
Jan Rune Svihus
Chief Executive Officer
Chief Executive Officer
2020
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
KT
Kjell Tore Svihus
Chairman
2020
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Share Trade As
Company
50.0%
50.0%
2024
Majak As
Company
50.0%
50.0%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Majak As
TIME GRUPPEN AS
(this company)
Time Interiør As
TIME ALUMINIUM AS
Board network connections
Board members of TIME GRUPPEN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jan Rune Svihus
Chief Executive Officer
0 companies
Kjell Tore Svihus
Chairman
0 companies