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TIME RECORDER CO AS
AS
Active
Org 916761988
Martin Linges Vei 25, 1364 Fornebu
Wholesale of other machinery and equipment · NACE 4664
Est. 1914
6 employees
www.timerecorder.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 14,5M
-1% vs 2023
EBITDA margin
10.6%
+93% vs 2023
Equity ratio
52.8%
Financial strength
Net profit 2024
NOK 1,2M
+146% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
0M
2020
1M
+100%
2021
1M
0%
2022
1M
0%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 14,5M
-1%
EBITDA
NOK 1,5M
+93%
Net profit
NOK 1,2M
+146%
Total assets
NOK 7,3M
+10%
Equity
NOK 3,9M
+28%
Employees
6
—
Company information
Legal name
TIME RECORDER CO AS
Org number
916761988
Legal form
Aksjeselskap
NACE code
4664 · Wholesale of other machinery and equipment
Founded
7. juli 1914
Share capital
NOK 100 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Handel, produksjon, agenturvirksomhet og finansplasseringer samt hva dermed står i forbindelse.
Contact
Address
Martin Linges Vei 25, 1364 Fornebu
Website
www.timerecorder.no
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Companies in Wholesale of other machinery and equipment
Companies in Bærum
All Norway companies
Revenue
NOK millions
0M
4M
9M
13M
17M
11M
2020
12M
2021
14M
2022
15M
2023
15M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2020
1M
2021
1M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
10 711
11 982
14 180
14 711
14 529
Staff expenses
−3 643
−3 765
−4 610
−5 077
−4 407
EBITDA
320
964
1 318
798
1 538
Depreciation & amort.
−29
−29
−18
−1
−4
EBIT
291
935
1 300
798
1 534
Net financials
−269
−17
−61
−196
−55
Profit before tax
22
919
1 239
601
1 479
Tax
−11
202
273
132
325
Net profit
33
716
967
469
1 154
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
5 717
5 980
6 441
6 649
7 330
Equity
1 616
2 083
2 549
3 019
3 872
Long-term debt
257
500
500
606
314
Short-term debt
3 844
3 397
3 391
3 025
3 144
Total debt
4 100
3 897
3 891
3 630
3 458
Financial ratios
5-year trend
EBITDA margin
10.6%
This company
15.8%
Market median
-33% vs market
2020
2024
Equity ratio
52.8%
This company
38.2%
Market median
+38% vs market
2020
2024
Return on equity
29.8%
This company
18.4%
Market median
+62% vs market
2020
2024
Net profit margin
7.9%
This company
8.1%
Market median
-2% vs market
2020
2024
Asset turnover
1.98×
This company
1.12×
Market median
+77% vs market
2020
2024
Debt / equity
0.89×
This company
0.62×
Market median
+44% 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
Former (1)
LA
Lill Ann Stormyhr Haanes
Deputy Member
Deputy Member
2000 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
OJ
Ole Jacob Haanes
Board of Directors
2023
TH
Terje Haanes
Chairman
2000
Shareholders
As of last annual report
No shareholder data available.
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Learn more
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Company hierarchy
TIME RECORDER CO AS
(this company)
ZYMINVEST AS
WORKSOFT AS
Board network connections
Board members of TIME RECORDER CO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lill Ann Stormyhr Haanes
Deputy Member
0 companies
Ole Jacob Haanes
Board of Directors
0 companies
Terje Haanes
Chairman
0 companies