North Energy ASA (“North Energy” or “Company”) recorded a comprehensive loss of NOK 15.9 million in the third quarter of 2025 compared to a comprehensive income of NOK 37.1 million in the same quarter last year. The loss reported this quarter is mostly driven by a negative change in fair value of financial investments, partly offset by income from associated companies and lower operational expenses compared to the third quarter last year.
At the end of the third quarter of 2025, North Energy’s Net Asset Value (NAV) was NOK 569.1 million. Adjusted for dividends paid, NAV decreased by NOK 2.3 million (-0.4%) from last quarter and by NOK 4.7 million (-0.8%) from the same quarter last year.
The report for the third quarter of 2025 is attached here.