ØSTRE GRUNDSET AS
Keywords
round timberwood-basedindustrymining timberfence postspostsfirewoodcharcoallogswood chips
Organization
- CEO
- ML
Mikael Løken1963
- Chairman of the board
- Years since formation
- 4 years
- since Nov 1, 2021
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 6,323,455
- NOK
- Annual total result 2024
- 2,504,801
- NOK
- Total equity 2024
- 7,327,508
- NOK
Last update: Jun 5, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ML 1963 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
ML 1963 | Managing Director/CEO | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
ML 1963 | Ordinary shares | 100 | 100 % |
Shares owned by the ØSTRE GRUNDSET AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 509,169 | 7.57 % | |
| Ordinary shares | 43,896 | 2.28 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 6,323,455 | 4,098,956 | 2,810,710 | 2,092,065 |
Annual Total Result | 2,504,801 | 1,194,940 | 2,647,222 | 889,114 |
Total assets | 8,618,278 | 5,535,560 | 5,921,076 | 3,817,614 |
Total liabilities | 1,290,770 | 712,854 | 2,293,310 | 2,837,071 |
Total equity | 7,327,508 | 4,822,706 | 3,627,766 | 980,544 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 6,323,455 | 4,098,956 | 2,810,710 | 2,092,065 |
Total operating costs | 3,734,206 | 3,464,593 | 1,614,226 | 1,321,230 |
Operating result | 2,589,249 | 634,362 | 1,196,484 | 770,835 |
Financial income/costs | 390,518 | 585,784 | 1,674,024 | 287,877 |
Profit before tax | 2,979,767 | 1,220,146 | 2,870,508 | 1,058,712 |
Total tax & extraordinary income/cost | 474,966 | 25,206 | 223,286 | 169,598 |
Annual Total Result | 2,504,801 | 1,194,940 | 2,647,222 | 889,114 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 4,453,640 | 4,767,240 | 3,000,344 | 515,161 |
Total current assets | 4,164,638 | 768,320 | 2,920,732 | 3,302,453 |
Total assets | 8,618,278 | 5,535,560 | 5,921,076 | 3,817,614 |
Short term debt | 1,126,203 | 588,950 | 2,194,612 | 2,828,638 |
Long term debt | 164,567 | 123,904 | 98,698 | 8,433 |
Total liabilities | 1,290,770 | 712,854 | 2,293,310 | 2,837,071 |
Contributed capital | 100,000 | 100,000 | 91,430 | 91,430 |
Retained earnings | 7,227,508 | 4,722,706 | 3,536,336 | 889,114 |
Total equity | 7,327,508 | 4,822,706 | 3,627,766 | 980,544 |
Total equity and liabilities | 8,618,278 | 5,535,560 | 5,921,076 | 3,817,614 |
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