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WORK OF TIME AS
AS
Active
Org 932193817
Viktor Plahtes Vei 1, 1363 Høvik
Electrical installation · NACE 4321
Est. 2023
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,4M
+310% vs 2023
EBITDA margin
6.6%
-17% vs 2023
Equity ratio
17.0%
Financial strength
Net profit 2024
NOK 67K
-25% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 1,4M
+310%
EBITDA
NOK 95K
-17%
Net profit
NOK 67K
-25%
Total assets
NOK 1,1M
+38%
Equity
NOK 181K
+59%
Employees
0
—
Company information
Legal name
WORK OF TIME AS
Org number
932193817
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
5. oktober 2023
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Næringsvirksomhet knyttet til hele spekteret av produkter, tjenester og oppgaver innen belysning, tidtaking, hund og hest.
Contact
Address
Viktor Plahtes Vei 1, 1363 Høvik
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Companies in Electrical installation
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Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
349
1 433
Staff expenses
−0
−285
EBITDA
115
95
Depreciation & amort.
−0
−0
EBIT
115
95
Net financials
0
−9
Profit before tax
115
86
Tax
25
19
Net profit
90
67
Balance sheet
NOK thousands
Item
2023
2024
Total assets
772
1 062
Equity
114
181
Long-term debt
0
0
Short-term debt
658
881
Total debt
658
881
Financial ratios
5-year trend
EBITDA margin
6.6%
This company
15.8%
Market median
-58% vs market
2023
2024
Equity ratio
17.0%
This company
38.2%
Market median
-55% vs market
2023
2024
Return on equity
37.0%
This company
18.4%
Market median
+101% vs market
2023
2024
Net profit margin
4.7%
This company
8.1%
Market median
-42% vs market
2023
2024
Asset turnover
1.35×
This company
1.12×
Market median
+21% vs market
2023
2024
Debt / equity
4.87×
This company
0.62×
Market median
-685% vs market
2023
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 2023-09-22 – 2023-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
FS
Frank Ståle Hansen Helk
Chairman
2023
Former (1)
ML
Marielle Løvås
Chairman
2023 – 2023
Shareholders
As of last annual report
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
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of WORK OF TIME AS also hold positions in
0
other companies.
Person
Role here
Other companies
Frank Ståle Hansen Helk
Chairman
0 companies
Marielle Løvås
Chairman
0 companies