North Energy ASA ("North Energy" or "Company") recorded a comprehensive income
of NOK 11.0 million in the second quarter of 2026 compared to a comprehensive
income of NOK 8.0 million in the same quarter last year. The income reported
this quarter is mostly driven by positive results from associated companies of
NOK 20.0 million, partly offset by operating expenses of NOK 4.4 million,
negative change in fair value of financial investments of NOK 3.3 million, and
net finance expenses of NOK 1.2 million.
As per first half of 2026, North Energy reported a comprehensive loss of NOK
17.0 million compared to a loss in the first half of 2025 of NOK 1.3 million.
At the end of the second quarter of 2026, North Energy's Net Asset Value (NAV)
was NOK 332.2 million. NAV decreased by NOK 180.1 million (-34.1%) from last
quarter and decreased by NOK 241.6 million (-41.0%) from the same quarter last
year, adjusted for dividends paid.
The report for the second quarter of 2026 is attached and available on the
Company's website, www.northenergy.no.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act
CONTACTS
Rune Damm, CFO, (+47) 4166 6685, rune.damm@northenergy.no
4166 6685\, rune.damm@northenergy.no\