Riskpilot← Back to searchSign inGet full accessTIMETRACK AS
ASActiveOrg 918606882Åsvegen 10, 7655 VerdalSports activities n.e.c. · NACE 9319Est. 20172 employees
Revenue 2025
NOK 240K
+17% vs 2024
EBITDA margin
12.1%
+3% vs 2024
Equity ratio
49.4%
Financial strength
Net profit 2025
NOK -1K
+69% vs 2024
| Revenue | NOK 240K | +17% |
| EBITDA | NOK 29K | +3% |
| Net profit | NOK -1K | +69% |
| Total assets | NOK 178K | +28% |
| Equity | NOK 88K | -1% |
| Employees | 2 | — |
Legal name
TIMETRACK AS
Org number
918606882
Legal form
Aksjeselskap
NACE code
9319 · Sports activities n.e.c.
Founded
22. februar 2017
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Tidtaker, andre datatjenester og andre produkter/tjenester som naturlig hører sammen med dette, herunder å delta i andre selskaper med lignende virksomhet, kjøp og salg av aksjer eller på annen måte gjøre seg interessert i andre foretak.
Address
Åsvegen 10, 7655 Verdal
Email
support@timetrackapp.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 105 | 163 | 170 | 205 | 240 |
| Staff expenses | −43 | −82 | −84 | −86 | −130 |
| EBITDA | 31 | 19 | 26 | 28 | 29 |
| Depreciation & amort. | −17 | −26 | −30 | −31 | −31 |
| EBIT | 13 | −7 | −4 | −2 | −2 |
| Net financials | −0 | −0 | 0 | 1 | 0 |
| Profit before tax | 13 | −7 | −4 | −2 | −1 |
| Tax | 3 | −2 | −0 | 2 | −0 |
| Net profit | 10 | −6 | −4 | −4 | −1 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 129 | 195 | 181 | 139 | 178 |
| Equity | 103 | 97 | 93 | 89 | 88 |
| Long-term debt | 4 | 52 | 2 | 3 | 3 |
| Short-term debt | 22 | 46 | 86 | 47 | 87 |
| Total debt | 26 | 98 | 87 | 50 | 90 |
EBITDA margin
12.1%
This company
15.8%
Market median
-23% vs market
20212025
Equity ratio
49.4%
This company
38.2%
Market median
+29% vs market
20212025
Return on equity
-1.4%
This company
18.4%
Market median
-108% vs market
20212025
Net profit margin
-0.5%
This company
8.1%
Market median
-106% vs market
20212025
Asset turnover
1.35×
This company
1.12×
Market median
+21% vs market
20212025
Debt / equity
1.02×
This company
0.62×
Market median
-65% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
OM Chief Executive Officer | Chief Executive Officer | 2017 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2017 | |
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of TIMETRACK AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ole Morten Frøseth | Chief Executive Officer | 0 companies |
| Erik Frøseth | Chairman | 0 companies |