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R

RUNOFTHEMILL AS924 491 191

Wood
Limited company
Bratterudvegen 368 3652 HOVIN I TELEMARK, Norge
Primary sector
/ Wood
/ 02.200 Logging

RUNOFTHEMILL AS

Keywords

round timberwood-basedindustrymining timberfence postspostsfirewoodcharcoallogswood chips

Organization

Chairman of the board
NE

Nils Erik Ihlen1974

Years since formation
5 years
since Jan 27, 2020
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
100
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Annual total result 2024
-82,338
NOK
Total equity 2024
-188,860
NOK
Last update: Aug 2, 2025

Management

Board

NameRoleShares
NE

Nils Erik Ihlen

1974

Business Manager, Chairman
100 %
indirectly

Others

NameRoleShares
B
BÆRUM REGNSKAP AS
Accountant-

Top 10 individual shareholders

NameRoleShares
NE

Nils Erik Ihlen

1974

Business Manager, Chairman
100 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
O
OCG AS
Ordinary shares
100
100 %
Last update: Jun 2, 2025

Group structure

  • OCG AS
    Total operating income 2024: NOK 3,263,737
    Operating profit 2024: NOK 1,234,461
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
0
14,960
2,800
22,019
Annual Total Result
-82,338
-78,443
-62,362
-55,833
Total assets
341,863
322,376
295,781
291,153
Total liabilities
530,724
428,899
323,861
256,871
Total equity
-188,860
-106,522
-28,080
34,282

P&L

Year2024202320222021
Total operating income
0
14,960
2,800
22,019
Total operating costs
105,561
114,851
82,710
93,599
Operating result
-105,561
-99,891
-79,910
-71,580
Financial income/costs
0
-678
-41
0
Profit before tax
-105,561
-100,569
-79,951
-71,580
Total tax & extraordinary income/cost
-23,223
-22,126
-17,589
-15,747
Annual Total Result
-82,338
-78,443
-62,362
-55,833

Balance overview

Year2024202320222021
Total fixed assets
200,151
247,532
254,831
169,617
Total current assets
141,712
74,844
40,949
121,536
Total assets
341,863
322,376
295,781
291,153
Short term debt
530,724
428,899
323,861
256,871
Long term debt
0
0
0
0
Total liabilities
530,724
428,899
323,861
256,871
Contributed capital
144,334
144,334
144,334
144,334
Retained earnings
-333,194
-250,856
-172,414
-110,052
Total equity
-188,860
-106,522
-28,080
34,282
Total equity and liabilities
341,863
322,376
295,781
291,153

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
A
Main industrial area
Agriculture, forestry and fishing
02
Activity
Forestry and logging
02.2
Main industrial group
Logging
02.20
Industrial group
Logging
02.200
Industrial group
Logging