Consolidated Statement of Cash Flows
| NOK million | Note no. | IFRS 31 December 2024 | IFRS 31 December 2023 |
|---|---|---|---|
| Cash flow from operations | |||
| Cash flow from operations | 153.0 | 336.1 | |
| Interest paid | -100.3 | -104.8 | |
| Interest received | 23.6 | 22.9 | |
| Taxes paid | -26.0 | -40.5 | |
| Net cash flow from operations | 50.2 | 213.7 | |
| Cash flow from investment activities | |||
| Purchase of tangible fixed assets | 2 | -35.4 | -52.9 |
| Sale of tangible fixed assets | 0.3 | 1.0 | |
| Purchase of intangible assets | 2 | -1.7 | -3.8 |
| Received dividend from associated company | 12 | 0,0 | 11.7 |
| Purchase of associated company (financial investment) | 12 | 0,0 | -87.2 |
| Loans granted to related parties | -0.3 | 0.5 | |
| Net cash flow used for investment activities | -37.1 | -130.6 | |
| Cash flow from financing activities | |||
| Adjustment of overdraft facility | 133.8 | 69.6 | |
| Uptake of loans | 17.5 | 0.7 | |
| Repayment of loans | -234.0 | -132.9 | |
| Loan from related parties | 57.6 | 4.6 | |
| Net cash flow used for financing activities | -25.2 | -58.0 | |
| Adjustment to cash, cash equivalents | -12.1 | 25.1 | |
| Cash and cash equivalents as per 1 January | 63.2 | 37.1 | |
| Effect of exchange rate gain/(loss) on cash and cash equivalents | 0.3 | 1.0 | |
| Cash and cash equivalents at the end of the period | 51.4 | 63.2 | |
| This consists of: | |||
| Bank deposits and similar | 35.4 | 47.3 | |
| Restricted bank deposits | 16.0 | 15.9 | |
| Cash and cash equivalents at the end of the period | 51.4 | 63.2 | |
| Unused overdraft facility/drawing rights | 86.6 | 220.2 | |
| Liquidity reserve | 122.0 | 267.6 | |
Profit Before Tax per Quarter
| NOK million | IFRS 2024 | IFRS 2023* | IFRS 2022* | IFRS 2021 | IFRS 2020 |
|---|---|---|---|---|---|
| Profit/loss for Q1 | -113.9 | -122.3 | 98.9 | 54.3 | 26.2 |
| Profit/loss for Q2 | 58.3 | 41.5 | 280.7 | 49.7 | 28.0 |
| Profit/loss for Q3 | -26.8 | 3.8 | 321.2 | 54.2 | 46.2 |
| Profit/loss for Q4 | -190.4 | 108.5 | -171.4 | 65.9 | 59.4 |
| SUM | -272.8 | 31.3 | 529.4 | 224.1 | 159.7 |
| *Financials for 2023 og 2022 have been restated following a change in accounting of power contracts. Former years are stated as previously. | |||||