North Energy ASA – Results for the third quarter 2024

13 Nov 2024 07:30 CET

North Energy ASA ("North Energy" or "Company") recorded a comprehensive income
of NOK 37.1 million in the third quarter of 2024 compared to a comprehensive
loss of NOK 1.3 million in the same quarter last year. The income reported this
quarter is mostly driven by income from associated companies, a positive change
in fair value of financial investments, partly offset by operational expenses.

At the end of the third quarter 2024, North Energy's Net Asset Value (NAV) was
NOK 591.3 million, representing an increase of NOK 2.6 million (+0.4%) from last
quarter and, adjusted for dividends paid, NOK 163.8 million (+37%) from the same
quarter last year.

The report for the third quarter 2024 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

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632007_NE Interim report Q3 2024.pdf