NORTH ENERGY ASA financials

NORTH ENERGY ASA

Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI: 5967007LIEEXZXFWCG26
Source filing ↗
Financial statements (NOK, as reported — unscaled; 73 line items across 2 annual periods)
Line item 20242023
Income statement
Revenue NOK 90.0KNOK 72.0K
Employee benefits expense NOK 15.3MNOK 14.1M
Depreciation & amortisation NOK 1.6MNOK 1.5M
Operating profit (EBIT) NOK 53.6MNOK 24.0M
Net finance income / (cost) NOK 4.5MNOK 650.0K
Finance costs NOK 3.0MNOK 1.7M
Profit before tax NOK 58.1MNOK 24.6M
Income tax expense NOK 0NOK 0
Profit for the year NOK 58.1MNOK 24.6M
— attributable to owners NOK 58.1MNOK 24.6M
Total comprehensive income NOK 58.1MNOK 24.6M
Per share
Basic EPS NOK 0.50NOK 0.21
Diluted EPS NOK 0.50NOK 0.21
Free cash flow / share NOK -0.17NOK -0.16
Cash flow statement
Net cash from operating activities -NOK 19.4M-NOK 18.8M
Net cash from investing activities NOK 143.2MNOK 30.1M
Purchase of PP&E (capex) NOK 0NOK 17.0K
Net cash from financing activities -NOK 27.7M-NOK 8.4M
Dividends paid NOK 11.7MNOK 11.7M
Lease liability payments NOK 1.6MNOK 1.6M
Balance sheet
Total assets NOK 374.7MNOK 342.3M
Non-current assets NOK 242.1MNOK 229.9M
Property, plant & equipment NOK 117.0KNOK 155.0K
Right-of-use assets NOK 3.5MNOK 4.8M
Current assets NOK 132.7MNOK 112.4M
Trade & other receivables NOK 282.0KNOK 3.5M
Cash & equivalents NOK 102.0MNOK 6.0M
Total equity NOK 367.5MNOK 321.1M
Non-current liabilities NOK 2.1MNOK 3.5M
Lease liabilities (non-current) NOK 2.1MNOK 3.5M
Current liabilities NOK 5.2MNOK 17.7M
Lease liabilities (current) NOK 1.7MNOK 1.5M
Deferred tax liabilities NOK 0NOK 0
Derived metrics
Free cash flow -NOK 19.4M-NOK 18.8M
Operating margin 59598.9%33297.2%
Net margin 64561.1%34200.0%
Return on equity 15.8%7.7%
Cash conversion ratio -0.33×-0.76×
Capex coverage -1107.76×
Other reported items
Adjustments For Decrease Increase In Accrued Income Other Than Contract Assets -NOK 1.4M-NOK 3.3M
Adjustments For Depreciation Expense NOK 1.6MNOK 1.5M
Adjustments For Dividend Income NOK 0NOK 0
Adjustments For Fair Value Gains Losses -NOK 47.1M-NOK 245.0K
Adjustments For Increase Decrease In Trade and Other Payables NOK 246.0KNOK 57.0K
Adjustments For Undistributed Profits of Associates NOK 31.8MNOK 42.5M
Cash Advances and Loans Made To Other Parties Classified As Investing Activities NOK 0NOK 0
Comprehensive Income Attributable To Owners of Parent NOK 58.1MNOK 24.6M
Current Borrowings and Current Portion of Noncurrent Borrowings NOK 0NOK 13.6M
Current Financial Assets At Fair Value Through Profit Or Loss NOK 30.3MNOK 103.0M
Current Loans and Receivables NOK 0NOK 0
Current Tax Liabilities NOK 0NOK 0
Dividends Received Classified As Investing Activities NOK 18.3MNOK 9.2M
Dividends Received From Investments Accounted For Using Equity Method Classified As Investing Activities NOK 0NOK 0
Equity and Liabilities NOK 374.7MNOK 342.3M
Finance Income NOK 7.5MNOK 2.3M
Gains Losses Recognised In Profit Or Loss Fair Value Measurement Entitys Own Equity Instruments NOK 47.1MNOK 245.0K
Increase Decrease In Cash and Cash Equivalents NOK 96.1MNOK 2.9M
Interest Paid Classified As Financing Activities NOK 754.0KNOK 844.0K
Investments In Associates Accounted For Using Equity Method NOK 238.5MNOK 225.0M
Investments In Subsidiaries NOK 0NOK 0
Issued Capital NOK 119.0MNOK 119.0M
Liabilities NOK 7.2MNOK 21.2M
Other Comprehensive Income NOK 0NOK 0
Other Current Financial Liabilities NOK 3.1MNOK 2.6M
Other Expense By Function NOK 8.5MNOK 3.3M
Other Noncurrent Financial Liabilities NOK 0NOK 0
Proceeds From Other Longterm Assets Classified As Investing Activities NOK 195.8MNOK 82.8M
Purchase of Other Longterm Assets Classified As Investing Activities NOK 70.9MNOK 41.8M
Retained Earnings -NOK 605.7M-NOK 663.9M
Share of Profit Loss of Associates Accounted For Using Equity Method NOK 31.8MNOK 42.5M
Share Premium NOK 826.9MNOK 838.7M
Trade and Other Current Payables To Trade Suppliers NOK 349.0KNOK 103.0K
Treasury Shares NOK 3.4MNOK 3.4M
Methodology

Every line item above is a fact tagged in NORTH ENERGY ASA's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (NOK), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.