North Energy 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 available here.
Source: North Energy
