TIMELY AS
Timely time tracking software
Timely's AI-powered time tracking software helps teams track their time accurately to report client, project, and work hours easily.
Keywords
program developmentsoftware
Links
Organization
- CEO
- MM
- Chairman of the board
- PA
- Years since formation
- 8 years
- since Jan 14, 2016
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 11
Ownership
- Number of shares and share classes
- 761,123
- 2 share classes
- Total number of shareholders
- 16
- 11 companies, 5 persons
Financials
- Total operating income 2023
- 41,747,897
- NOK
- Annual total result 2023
- -8,299,438
- NOK
- Total equity 2023
- 51,929,357
- NOK
Last update: Dec 12, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MM | Managing Director/CEO | 36.5 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
PA | Chairman | - |
MM | Board Member | 36.5 % indirectly |
RV 1972 | Board Member | - |
KR 1971 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MM | Managing Director/CEO, Board Member | 36.5 % indirectly |
PC 1983 | - | 2.83 % indirectly |
MH | - | 2.83 % indirectly |
MB | - | 2.52 % indirectly |
EØ 1955 | - | 1.39 % indirectly |
Last update: Jun 2, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 277,828 | 36.5 % | |
| A-shares | 86,873 | 11.41 % | |
| A-shares | 80,326 | 10.55 % | |
| Ordinary shares | 60,000 | 7.88 % | |
| A-shares | 48,262 | 6.34 % | |
| A-shares | 48,262 | 6.34 % | |
| A-shares | 40,471 | 5.32 % | |
| A-shares | 36,710 | 4.82 % | |
| A-shares | 29,632 | 3.89 % | |
| A-shares | 14,278 | 1.88 % | |
| A-shares | 14,000 | 1.84 % | |
| Ordinary shares | 13,285 | 1.75 % | |
| Ordinary shares | 5,625 | 0.74 % | |
| Ordinary shares | 3,262 | 0.43 % | |
| A-shares | 1,929 | 0.25 % | |
| A-shares | 380 | 0.05 % |
Shares owned by the TIMELY AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 13,285 | 1.75 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 41,747,897 | 26,931,828 | 21,251,735 |
Annual Total Result | -8,299,438 | -38,366,523 | -22,694,350 |
Total assets | 78,246,651 | 86,816,093 | 119,786,399 |
Total liabilities | 26,317,294 | 26,587,298 | 21,191,081 |
Total equity | 51,929,357 | 60,228,795 | 98,595,318 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 41,747,897 | 26,931,828 | 21,251,735 |
Total operating costs | 50,876,516 | 64,617,433 | 43,520,664 |
Operating result | -9,128,619 | -37,685,605 | -22,268,929 |
Financial income/costs | 829,181 | -680,918 | -425,422 |
Profit before tax | -8,299,438 | -38,366,523 | -22,694,350 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | -8,299,438 | -38,366,523 | -22,694,350 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 42,272,299 | 34,028,326 | 25,614,844 |
Total current assets | 35,974,352 | 52,787,767 | 94,171,555 |
Total assets | 78,246,651 | 86,816,093 | 119,786,399 |
Short term debt | 16,817,294 | 17,087,298 | 11,191,081 |
Long term debt | 9,500,000 | 9,500,000 | 10,000,000 |
Total liabilities | 26,317,294 | 26,587,298 | 21,191,081 |
Contributed capital | 51,929,357 | 60,228,795 | 98,595,318 |
Retained earnings | 0 | 0 | 0 |
Total equity | 51,929,357 | 60,228,795 | 98,595,318 |
Total equity and liabilities | 78,246,651 | 86,816,093 | 119,786,399 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
J
Main industrial area
Information and communication
62
Activity
Computer programming; consultancy and related activities
62.0
Main industrial group
Computer programming, consultancy and related activities
62.01
Industrial group
Computer programming activities
62.010
Industrial group
Computer programming activities