North Energy ASA – Results for the first quarter 2025
North Energy ASA – Results for the first quarter 2025
North Energy ASA ("North Energy" or "Company") recorded a comprehensive loss of NOK 9.2 million in the first quarter of 2025 compared to a comprehensive income of NOK 13.1 million in the same quarter last year. The loss reported this quarter is mostly driven by lower income from financial investments and a loss from associated companies.
At the end of the first quarter 2025, North Energy's Net Asset Value (NAV) was NOK 571.2 million, representing a 5.3% decrease from last quarter and, adjusted for dividends paid, a 19.0% increase from the same quarter last year.
The report for the first quarter 2025 is attached and available on the Company's website, www.northenergy.no.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
CONTACTS
Rune Damm, CFO, (+47) 4166 6685, [email protected]