FRA:52K Income Statement

Financials in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	436	382	333	208	35	3.63
Other Revenue	-1	-	-	-	6	0.01
Revenue	435	382	333	208	41	3.64
Revenue Growth (YoY)	12.99%	14.71%	60.10%	407.32%	1026.37%	1204.66%
Selling, General & Admin	16	16	23	28	7	0.59
Depreciation & Amortization	189	175	109	27	10	3.29
Amortization of Goodwill & Intangibles	-9	-9	18	8	-	-
Other Operating Expenses	263	227	246	158	81	29.31
Total Operating Expenses	459	409	396	221	98	33.19
Operating Income	-24	-27	-63	-13	-57	-29.55
Interest Expense	-106	-87	-58	-10	-5	-0.84
Interest Income	34	33	28	11	1	0.92
Net Interest Expense	-72	-54	-30	1	-4	0.08
Income (Loss) on Equity Investments	143	51	-72	120	16	-3.56
Currency Exchange Gain (Loss)	11	18	68	-1	-8	-
Other Non-Operating Income (Expenses)	-85	28	147	6	-11	-1.23
EBT Excluding Unusual Items	-27	16	50	113	-64	-34.25
Gain (Loss) on Sale of Assets	118	118	271	8	-	-
Asset Writedown	-	-	-99	-	-	-
Pretax Income	91	134	222	121	-64	-34.25
Income Tax Expense	16	10	-11	-	-1	-0.39
Earnings From Continuing Ops.	75	124	233	121	-63	-33.87
Minority Interest in Earnings	-26	-28	39	-3	-	-
Net Income	49	96	272	118	-63	-33.87
Net Income to Common	49	96	272	118	-63	-33.87
Net Income Growth	-	-64.71%	130.51%	-	-	-
Shares Outstanding (Basic)	299	290	291	253	156	39
Shares Outstanding (Diluted)	312	291	292	254	156	39
Shares Change (YoY)	6.99%	-0.18%	14.90%	63.03%	298.59%	14811.74%
EPS (Basic)	0.16	0.33	0.93	0.47	-0.40	-0.87
EPS (Diluted)	0.16	0.33	0.93	0.47	-0.40	-0.87
EPS Growth	-	-64.52%	99.63%	-	-	-
Free Cash Flow	-32	-27	-311	-261	-241	-7.16
Free Cash Flow Per Share	-0.10	-0.09	-1.06	-1.03	-1.55	-0.18
Profit Margin	11.26%	25.13%	81.68%	56.73%	-153.66%	-930.36%
Free Cash Flow Margin	-7.36%	-7.07%	-93.39%	-125.48%	-587.80%	-196.59%
EBITDA	131	125	33	17	-48	-27.12
EBITDA Margin	30.11%	32.72%	9.91%	8.17%	-117.07%	-
D&A For EBITDA	155	152	96	30	9	2.43
EBIT	-24	-27	-63	-13	-57	-29.55
EBIT Margin	-5.52%	-7.07%	-18.92%	-6.25%	-139.02%	-
Effective Tax Rate	17.58%	7.46%	-	-	-	-
Revenue as Reported	485	548	610	217	41	3.64

Source: S&P Global Market Intelligence. Utility template. Financial Sources.