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Key Figures

Figures in NOK millions APM* Q3 2025 Q3 2024 30.09.2025 30.09.2024 31.12.2024
             
Net rental income   875 831 2 632 2 526 3 317
Fair value adjustments in investment properties and interest rate derivatives 1 -70 48 198 50 774
Profit before income taxes   486 502 1 847 1 601 2 863
Profit before income tax, fair value adjustments and currency result 2 559 518 1 701 1 603 2 129
             
Equity ratio 3     51 % 51 % 51 %
Equity per share (NOK) 4     319 302 312
Long term net asset value per share (NOK) 4     375 355 367
             
Net cash flow from operations   541 433 1 585 1 463 1 953
Liquidity reserves 5     9 387 9 221 6 561
Amortisation next 12 months 6     5 035 4 754 3 405
             
Interest-bearing debt 7     21 925 20 864 21 342
Interest per balance sheet date 8     4,50 % 4,89 % 4,92 %
Loan to value ratio 7     36 % 36 % 36 %
Interest coverage ratio 9     3,1 2,9 3,0
             
Net investments 10 733 218 1 475 657 1 763
Market value properties 11     59 949 57 052 58 612
Annualized rental income level 12     4 220 4 000 4 125
Net yield properties 13     6,2 % 6,1 % 6,2 %
Sales, owned shopping centres   15 392 14 733 44 216 42 782 62 558
             
Interest per balance sheet date (NOK)       273,0 225,0 227,0

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.