FilingReader Intelligence
Horisont Energi to wind down after NOK 34m loss
August 22, 2025 at 02:07 PM UTC•By FilingReader AI
Horisont Energi AS reported a net loss of NOK 34.2 million in H1 2025 on income of just NOK 1.0 million. The company will wind down operations by year-end after failing to secure vital funding or partnerships for its core projects.
Most employees will depart by September 30, with remaining staff leaving by year-end. Cash is projected to fall to NOK 18 million by December. A return of capital to shareholders is expected in Q4 2025.
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:HRGI•Oslo Stock Exchange
News Alerts
Get instant email alerts when Horisont Energi AS publishes news
Free account required • Unsubscribe anytime