North Energy ASA recorded a comprehensive income of NOK 37.1 million in the third quarter of 2024 compared to a comprehensive loss of NOK 1.3 million in the same quarter last year. The income reported this quarter is mostly driven by income from associated companies, a positive change in fair value of financial investments, partly offset by operational expenses.
At the end of the third quarter 2024, North Energy’s Net Asset Value (NAV) was NOK 591.3 million, representing an increase of NOK 2.6 million (+0.4%) from last quarter and, adjusted for dividends paid, NOK 163.8 million (+37%) from the same quarter last year. The report for the third quarter 2024 is available here.