Moreld ASA Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	8,306	9,829	7,125	6.42
Revenue Growth (YoY)	-8.61%	37.95%	110874.89%	-
Cost of Revenue	6,206	6,860	4,942	58.24
Gross Profit	2,100	2,968	2,182	-51.82
Selling, General & Admin	44.12	44.12	45.37	-
Other Operating Expenses	683.67	699.04	613.86	109.31
Operating Expenses	1,817	2,145	1,728	109.31
Operating Income	282.88	823.44	454.57	-161.14
Interest Expense	-412.27	-453.48	-627.62	-24.49
Interest & Investment Income	51.78	46.62	44.26	0.58
Earnings From Equity Investments	-11.16	-11.16	-7.92	-
Currency Exchange Gain (Loss)	110.97	191.42	-188.01	102.28
Other Non Operating Income (Expenses)	303.02	-19.09	-458.98	-52.24
EBT Excluding Unusual Items	325.22	577.74	-783.7	-135.01
Asset Writedown	-1.77	-1.77	-	-
Other Unusual Items	-198.69	-198.69	-161.9	-
Pretax Income	124.76	377.28	-945.6	-135.01
Income Tax Expense	22.61	92.63	-70.61	-3.84
Earnings From Continuing Operations	102.14	284.65	-874.99	-131.17
Earnings From Discontinued Operations	-	-	172	-
Net Income to Company	102.14	284.65	-702.99	-131.17
Minority Interest in Earnings	-40	-	-8.3	4.22
Net Income	62.14	284.65	-711.29	-126.95
Net Income to Common	62.14	284.65	-711.29	-126.95
Shares Outstanding (Basic)	193	179	176	-
Shares Outstanding (Diluted)	193	179	176	-
Shares Change (YoY)	9.36%	2.00%	-	-
EPS (Basic)	0.32	1.59	-4.05	-
EPS (Diluted)	0.32	1.59	-4.05	-
Free Cash Flow	1,223	1,394	1,322	0.74
Free Cash Flow Per Share	6.35	7.77	7.52	-
Dividend Per Share	1.680	1.680	-	-
Gross Margin	25.29%	30.20%	30.63%	-
Operating Margin	3.41%	8.38%	6.38%	-2509.91%
Profit Margin	0.75%	2.90%	-9.98%	-1977.38%
Free Cash Flow Margin	14.73%	14.18%	18.55%	11.49%
EBITDA	186.3	1,039	602.43	-
EBITDA Margin	2.24%	10.57%	8.46%	-
D&A For EBITDA	-96.58	215.36	147.86	-
EBIT	282.88	823.44	454.57	-161.14
EBIT Margin	3.41%	8.38%	6.38%	-
Effective Tax Rate	18.13%	24.55%	-	-
Revenue as Reported	8,316	9,838	7,136	6.42

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