Key figures
| Figures in NOK millions | APM* | 31.03.2024 | 31.03.2023 | 31.12.2023 |
| Net rental income | 865 | 851 | 3 366 | |
| Fair value adjustments in investment properties and interest rate derivatives |
1 | 257 | -279 | -4 330 |
| Profit before income taxes | 814 | 234 | -2 177 | |
| Profit before income tax, fair value adjustments and currency result |
2 | 562 | 594 | 2 261 |
| Equity ratio | 3 | 51 % | 52 % | 50 % |
| Equity per share (NOK) | 4 | 303 | 321 | 297 |
| Long term net asset value per share (NOK) |
4 | 355 | 378 | 348 |
| Net cash flow from operations |
527 | 473 | 2 035 | |
| Liquidity reserves |
5 | 7 458 | 4 571 | 5 382 |
| Amortisation next 12 months | 6 | 2 875 | 1 902 | 1 527 |
| Interest-bearing debt |
7 | 20 526 | 21 153 | 20 997 |
| Interest per balance sheet date | 8 | 5,19 % | 4,41 % | 5,17 % |
| Loan to value ratio |
7 | 36 % | 35 % | 37 % |
| Interest coverage ratio | 9 | 3,0 | 3,6 | 3,1 |
| Net investments |
10 | 183 | 1 428 | 2 025 |
| Market value properties |
11 | 56 786 | 60 227 | 56 568 |
| Annualized rental income level |
12 | 3 920 | 3 660 | 3 800 |
| Net yield properties | 13 | 6,0 % | 5,3 % | 5,9 % |
| Sales, owned shopping centres | 13 105 | 12 529 | 60 568 | |
| Interest per balance sheet date (NOK) | 222,0 | 171,0 | 186,5 |
Olav Thon Eiendomsselskap ASA prepares consolidated financial statements in accordance with the International Financial Reporting Standards (IFRS).
* The company also wishes to present *alternative performance measures (APM) in order to provide readers with a better understanding of the company's underlying financial results.