предлагаю так:

Код:
stop();
tm_h0 = 15;
tm_m0 = 30;
tm_s0 = 0;
setInterval(function () {
var tm = new Date();
var tm_s1 = tm.getSeconds();
var tm_m1 = tm.getMinutes();
var tm_h1 = tm.getHours();
var i=tm_h0-tm_h1;
var j=tm_m0-tm_m1
var k=tm_s0-tm_s1;
if(k<0){
j--;
k=60+k;
}
if(j<0){
i--;
j=60+j;
}
timer = i+":"+j+":"+k;
trace(timer);
}, 1000);