Riskpilot← Back to searchSign inGet full accessTIME ELEKTRO AS
ASActiveOrg 960016785Vesthagen 4, 4344 BryneElectrical installation · NACE 4321Est. 199126 employeeswww.time-elektro.no
Revenue 2024
NOK 48M
+7% vs 2023
EBITDA margin
2.9%
-50% vs 2023
Equity ratio
39.8%
Financial strength
Net profit 2024
NOK -370K
-114% vs 2023
| Revenue | NOK 48M | +7% |
| EBITDA | NOK 1,4M | -50% |
| Net profit | NOK -370K | -114% |
| Total assets | NOK 17,5M | +7% |
| Equity | NOK 7M | -5% |
| Employees | 26 | — |
Legal name
TIME ELEKTRO AS
Org number
960016785
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
15. februar 1991
Share capital
NOK 725 600
Employees
26 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap.
Address
Vesthagen 4, 4344 Bryne
Website
www.time-elektro.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 23 786 | 31 389 | 27 846 | 33 795 | 36 128 | 43 332 | 46 392 | 46 647 | 40 895 | 41 393 | 43 621 | 42 192 | 37 780 | 40 301 | 45 437 | 44 872 | 47 977 |
| Staff expenses | −0 | −9 881 | −12 547 | −13 546 | −15 121 | −16 317 | −20 089 | −20 541 | −23 189 | −20 546 | −19 973 | −21 119 | −20 300 | −16 849 | −17 307 | −18 960 | −20 246 | −21 198 |
| EBITDA | 0 | 2 258 | 2 621 | 366 | 2 222 | 2 262 | 1 288 | 4 461 | 899 | 2 229 | 2 648 | 1 060 | 1 693 | 2 609 | 3 192 | 4 143 | 2 768 | 1 380 |
| Depreciation & amort. | −0 | −115 | −125 | −131 | −112 | −122 | −243 | −209 | −171 | −145 | −161 | −99 | −103 | −51 | −54 | −92 | −144 | −138 |
| EBIT | 0 | 2 143 | 2 496 | 236 | 2 110 | 2 140 | 1 045 | 4 252 | 728 | 2 084 | 2 487 | 961 | 1 590 | 2 558 | 3 138 | 4 051 | 2 625 | 1 242 |
| Net financials | 0 | −48 | −17 | −14 | 43 | −12 | −13 | 42 | 6 | 23 | 86 | 78 | 263 | 58 | 50 | 213 | 543 | −1 232 |
| Profit before tax | 0 | 2 095 | 2 479 | 222 | 2 153 | 2 128 | 1 032 | 4 294 | 735 | 2 107 | 2 573 | 1 039 | 1 853 | 2 615 | 3 188 | 4 264 | 3 167 | 10 |
| Tax | −0 | 597 | 697 | 65 | 592 | 585 | 281 | 1 150 | 201 | 529 | 624 | 235 | 359 | 566 | 697 | 910 | 602 | 379 |
| Net profit | 0 | 1 498 | 1 782 | 157 | 1 561 | 1 543 | 751 | 3 144 | 533 | 1 577 | 1 949 | 804 | 1 494 | 2 049 | 2 491 | 3 354 | 2 566 | −370 |
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | 9 935 | 11 659 | 7 085 | 10 269 | 13 350 | 14 379 | 17 082 | 15 210 | 15 552 | 16 781 | 13 037 | 14 342 | 14 051 | 14 617 | 17 801 | 16 408 | 17 540 |
| Equity | — | 2 143 | 2 325 | 2 382 | 2 582 | 3 126 | 3 377 | 4 221 | 4 554 | 5 032 | 5 530 | 4 835 | 5 228 | 5 638 | 6 129 | 6 783 | 7 349 | 6 979 |
| Long-term debt | 0 | 530 | 410 | 290 | 170 | 1 500 | 2 483 | 2 283 | 2 083 | 1 883 | 675 | 325 | 175 | 25 | 0 | 0 | 0 | 0 |
| Short-term debt | 0 | 7 262 | 8 924 | 4 414 | 7 516 | 8 725 | 8 519 | 10 578 | 8 572 | 8 637 | 10 576 | 7 878 | 8 938 | 8 388 | 8 489 | 11 018 | 9 059 | 10 561 |
| Total debt | 0 | 7 792 | 9 334 | 4 704 | 7 686 | 10 225 | 11 003 | 12 861 | 10 656 | 10 520 | 11 251 | 8 203 | 9 113 | 8 413 | 8 489 | 11 018 | 9 059 | 10 561 |
EBITDA margin
2.9%
This company
15.8%
Market median
-82% vs market
20072024
Equity ratio
39.8%
This company
38.2%
Market median
+4% vs market
20072024
Return on equity
-5.3%
This company
18.4%
Market median
-129% vs market
20072024
Net profit margin
-0.8%
This company
8.1%
Market median
-110% vs market
20072024
Asset turnover
2.74×
This company
1.12×
Market median
+145% vs market
20072024
Debt / equity
1.51×
This company
0.62×
Market median
-144% vs market
20072024
- 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
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
- Annual report 2007Filed via Brønnøysundsregistrene · Period 2007-01-01 – 2007-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
JR Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
OA Chief Executive Officer | Chief Executive Officer | 2000 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2020 | — | — | |
| Chairman | 2020 | — | — | |
| Chairman | 2024 | — | — | |
| Board of Directors | 2020 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Rosland Invest As | Company | 50.4% | 50.4% | 2023 |
Bakker Invest As | Company | 36.5% | 36.5% | 2023 |
| Individual | 5.9% | 5.9% | 2023 | |
| Individual | 3.7% | 3.7% | 2023 | |
| Individual | 1.1% | 1.1% | 2023 | |
| Individual | 1.0% | 1.0% | 2023 | |
| Individual | 1.0% | 1.0% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
TIME ELEKTRO AS 
SOLN ASBoard members of TIME ELEKTRO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Johnny Rosland | Chief Executive Officer | 0 companies |
| Odd Arne Bakker | Chief Executive Officer | 0 companies |
| Signe Tunheim | Board of Directors | 0 companies |
| Roar Fjeldheim | Chairman | 0 companies |
| Kjell Fjeldheim | Chairman | 0 companies |
| Martin Vold | Board of Directors | 0 companies |