Riskpilot← Back to searchSign inGet full accessNORTIME AS
ASActiveOrg 984216831Brobekkveien 38, 0598 OsloEngroshandel med klokker og ur · NACE 46481Est. 20024 employeeswww.nortime.no
Revenue 2021
NOK 35,9M
+16% vs 2020
EBITDA margin
2.7%
+422% vs 2020
Equity ratio
44.9%
Financial strength
Net profit 2021
NOK 278K
+129% vs 2020
| Revenue | NOK 35,9M | +16% |
| EBITDA | NOK 983K | +422% |
| Net profit | NOK 278K | +129% |
| Total assets | NOK 32,2M | +16% |
| Equity | NOK 14,5M | +68% |
| Employees | 4 | — |
Legal name
NORTIME AS
Org number
984216831
Legal form
Aksjeselskap
NACE code
46481 · Engroshandel med klokker og ur
Founded
25. februar 2002
Share capital
NOK 262 200 000
Employees
4 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Drive handel med ur i den høyere prisklasse samt det som måtte stå i forbindelse med dette.
Address
Brobekkveien 38, 0598 Oslo
Phone
+4799123000
Email
post@nortime.no
Website
www.nortime.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 40 500 | 41 150 | 41 804 | 41 542 | 43 781 | 47 305 | 44 279 | 47 208 | 45 017 | 46 619 | 42 142 | 33 661 | 31 005 | 35 937 |
| Staff expenses | −8 700 | −8 342 | −8 951 | −7 740 | −8 298 | −9 177 | −8 947 | −9 336 | −9 381 | −8 825 | −9 874 | −7 384 | −3 723 | −4 201 |
| EBITDA | 1 938 | 2 555 | 1 624 | 1 248 | 3 467 | 2 303 | 680 | 2 120 | 2 185 | 900 | −903 | −3 765 | −305 | 983 |
| Depreciation & amort. | −293 | −397 | −346 | −570 | −618 | −519 | −1 081 | −1 341 | −1 254 | −903 | −910 | −857 | −751 | −548 |
| EBIT | 1 644 | 2 157 | 1 278 | 678 | 2 849 | 1 784 | −401 | 779 | 932 | −2 | −1 814 | −4 622 | −1 057 | 435 |
| Net financials | 55 | −115 | 112 | 153 | 34 | 60 | 22 | 6 | 229 | 336 | 256 | 500 | −182 | −74 |
| Profit before tax | 1 699 | 2 042 | 1 390 | 832 | 2 883 | 1 844 | −379 | 785 | 1 161 | 334 | −1 558 | −4 123 | −1 239 | 361 |
| Tax | 516 | 577 | 424 | 331 | 818 | 542 | −63 | 264 | 326 | 110 | −307 | −903 | −272 | 84 |
| Net profit | 1 183 | 1 465 | 966 | 501 | 2 065 | 1 303 | −316 | 521 | 835 | 223 | −1 251 | −3 220 | −967 | 278 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 22 968 | 18 389 | 19 941 | 24 384 | 26 060 | 28 537 | 27 541 | 28 617 | 30 238 | 28 254 | 27 282 | 26 397 | 27 786 | 32 229 |
| Equity | 6 489 | 8 448 | 9 414 | 9 186 | 11 498 | 12 801 | 12 485 | 13 006 | 13 841 | 14 064 | 12 814 | 9 594 | 8 627 | 14 468 |
| Long-term debt | 0 | 0 | 0 | 641 | 466 | 354 | 1 107 | 1 379 | 984 | 776 | 258 | 0 | 0 | 0 |
| Short-term debt | 16 068 | 9 468 | 10 212 | 14 557 | 14 096 | 15 382 | 13 950 | 14 232 | 15 413 | 13 413 | 14 210 | 16 803 | 19 158 | 17 762 |
| Total debt | 16 479 | 9 941 | 10 527 | 15 198 | 14 562 | 15 736 | 15 057 | 15 611 | 16 397 | 14 189 | 14 469 | 16 803 | 19 158 | 17 762 |
EBITDA margin
2.7%
This company
15.8%
Market median
-83% vs market
20082021
Equity ratio
44.9%
This company
38.2%
Market median
+18% vs market
20082021
Return on equity
1.9%
This company
18.4%
Market median
-90% vs market
20082021
Net profit margin
0.8%
This company
8.1%
Market median
-90% vs market
20082021
Asset turnover
1.12×
This company
1.12×
Market median
+0% vs market
20082021
Debt / equity
1.23×
This company
0.62×
Market median
-98% vs market
20082021
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
LT Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2021 | — | — | |
| Board of Directors | 2018 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Time Trend As | Company | 100.0% | 100.0% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Uranus As
NORTIME AS Board members of NORTIME AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Lars Tomas Tveit | Chief Executive Officer | 0 companies |
| Kai Gustav Piene | Chairman | 0 companies |
| Johan Carsten Max Walter | Board of Directors | 0 companies |