Arva AS reports strong Q2 2025 earnings with NOK 159m after-tax profit
Arva AS, a Troms Kraft AS subsidiary operating Norway's largest grid area, reported a robust after-tax profit of NOK 159 million for the second trimester of 2025. This marks an increase from NOK 138 million for the same period in 2024, with operating profit climbing by NOK 34 million to NOK 326 million. The company's net income decreased by NOK 13 million due to lower electricity prices in NO4, which reduced grid income by lowering net losses.
Despite the reduction in net income, operating costs fell by NOK 47 million to NOK 633 million, primarily due to lower net loss expenses. Net financial items increased by NOK 8 million to NOK 122 million, influenced by higher debt and partially offset by lower market interest rates.
Arva AS's equity stood at NOK 2,732 million as of August 31, 2025, representing 35.6% of total capital, indicating satisfactory solvency. The company's long-term debt to credit institutions was NOK 2,300 million, while bond debt totaled NOK 1,400 million, contributing to a NOK 213 million increase in interest-bearing debt compared to the previous year.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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