FilingReader Intelligence
Norske Viking faces liquidity challenge despite revenue growth
August 12, 2025 at 02:05 PM UTC•By FilingReader AI
Norske Viking I AS reported NOK 1.99 million revenue for Q1 2025, an 85% increase from Q1 2024, but posted a NOK 6.9 million pre-tax loss. Cash holdings stood at NOK 8.2 million as of March 31.
The company faces significant uncertainty regarding its ability to continue as a going concern due to an outstanding NOK 130 million bond maturing in October 2025, which cannot be repaid with existing funds. Refinancing discussions are ongoing.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
OSL:NVIKI•Oslo Stock Exchange
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