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SWISS TIME AS
AS
Active
Org 890480012
Nils Lauritssøns Vei 39D, 0870 Oslo
Wholesale of watches and jewellery · NACE 4648
Est. 2006
0 employees
swisstime.no
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 38K
-71% vs 2023
EBITDA margin
-1166.6%
-261% vs 2023
Equity ratio
131.6%
Financial strength
Net profit 2024
NOK -442K
-233% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 38K
-71%
EBITDA
NOK -448K
-261%
Net profit
NOK -442K
-233%
Total assets
NOK -373K
-163%
Equity
NOK -490K
-917%
Employees
0
—
Company information
Legal name
SWISS TIME AS
Org number
890480012
Legal form
Aksjeselskap
NACE code
4648 · Wholesale of watches and jewellery
Founded
22. november 2006
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Import av klokker, salg av klokker og dertil tilhørende virksomhet.
Contact
Address
Nils Lauritssøns Vei 39D, 0870 Oslo
Website
swisstime.no
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Explore
Companies in Wholesale of watches and jewellery
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
465
994
367
132
38
Staff expenses
−0
−5
−0
−5
−0
EBITDA
73
−87
126
−124
−448
Depreciation & amort.
−0
−0
−12
−12
−0
EBIT
73
−87
114
−136
−448
Net financials
−38
−11
−2
0
6
Profit before tax
34
−98
112
−136
−442
Tax
7
−0
3
−3
−0
Net profit
27
−98
109
−133
−442
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
702
628
576
590
−373
Equity
74
−25
85
−48
−490
Long-term debt
0
8
11
8
8
Short-term debt
629
644
480
630
110
Total debt
629
652
491
638
118
Financial ratios
5-year trend
EBITDA margin
-1166.6%
This company
15.8%
Market median
-7484% vs market
2020
2024
Equity ratio
-49038200.0%
This company
38.2%
Market median
-128372351% vs market
2020
2024
Return on equity
-44214600.0%
This company
18.4%
Market median
-240296839% vs market
2020
2024
Net profit margin
-1151.9%
This company
8.1%
Market median
-14321% vs market
2020
2024
Asset turnover
38384.00×
This company
1.12×
Market median
+3427043% vs market
2020
2024
Debt / equity
0.24×
This company
0.62×
Market median
+61% vs market
2020
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 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
HS
Henning Sømoen
Chief Executive Officer
Chief Executive Officer
2018
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Sømoen Invest As
Company
100%
100%
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
Sømoen Invest As
SWISS TIME AS
(this company)
Board network connections
Board members of SWISS TIME AS also hold positions in
0
other companies.
Person
Role here
Other companies
Henning Sømoen
Chief Executive Officer
0 companies