North Energy ASA Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	0.09	0.09	0.07	0.11	0.18
Revenue Growth (YoY)	-	25.00%	-36.28%	-36.52%	58.93%
Gross Profit	0.09	0.09	0.07	0.11	0.18
Selling, General & Admin	22.77	13.03	12.03	7.94	8.54
Other Operating Expenses	4.59	10.71	5.36	5.58	18.98
Operating Expenses	28.91	25.32	18.86	15.06	28.61
Operating Income	-28.82	-25.23	-18.79	-14.95	-28.43
Interest Expense	-3.58	-1.94	-1.17	-0.26	-
Interest & Investment Income	9.66	6.55	1.52	1.11	0.59
Earnings From Equity Investments	-1.23	31.81	42.52	38.44	26.86
Currency Exchange Gain (Loss)	-	-0.14	0.3	0.06	0.01
Other Non Operating Income (Expenses)	0	-	-0	0.05	-0.08
EBT Excluding Unusual Items	-23.97	11.05	24.38	24.45	-1.06
Gain (Loss) on Sale of Investments	-16.09	47.06	0.25	-37.53	-45.15
Pretax Income	-40.05	58.11	24.62	-13.07	-46.21
Income Tax Expense	0.13	-	-	-	-18.38
Earnings From Continuing Operations	-40.18	58.11	24.62	-13.07	-27.83
Net Income	-40.18	58.11	24.62	-13.07	-27.83
Net Income to Common	-40.18	58.11	24.62	-13.07	-27.83
Net Income Growth	-	135.97%	-	-	-
Shares Outstanding (Basic)	118	117	117	117	117
Shares Outstanding (Diluted)	118	117	117	117	117
Shares Change (YoY)	0.80%	-	-	-	-
EPS (Basic)	-0.34	0.50	0.21	-0.11	-0.24
EPS (Diluted)	-0.34	0.50	0.21	-0.11	-0.24
EPS Growth	-	135.98%	-	-	-
Free Cash Flow	-21.71	-19.43	-18.85	-25.79	-15.64
Free Cash Flow Per Share	-0.18	-0.17	-0.16	-0.22	-0.13
Dividend Per Share	-	0.150	0.100	0.100	-
Dividend Growth	-	50.00%	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-32022.22%	-28035.56%	-26100.00%	-13229.20%	-15974.16%
Profit Margin	-44648.89%	64561.11%	34200.00%	-11568.14%	-15634.27%
Free Cash Flow Margin	-24124.44%	-21591.11%	-26179.17%	-22825.66%	-8787.64%
EBITDA	-27.27	-25.19	-18.74	-14.91	-28.41
D&A For EBITDA	1.55	0.04	0.05	0.04	0.03
EBIT	-28.82	-25.23	-18.79	-14.95	-28.43

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.