Key figures

Figures in NOK millions APM* 31.12.2023 31.12.2022
       
Net rental income   3 366 2 879
Fair value adjustments in investment properties and interest rate derivatives
1 -4 330 920
Profit before income taxes   -2 177 3 134
Profit before income tax, fair value adjustments and currency result
2 2 261 2 174
       
Equity ratio 3 50 % 52 %
Equity per share (NOK) 4 297 318
Long term net asset value per share (NOK)
4 348 374
       
Net cash flow from operations
  2 035 2 045
Liquidity reserves
5 5 382 5 139
Amortisation next 12 months 6 1 527 2 622
       
Interest-bearing debt
7 20 997 20 227
Interest per balance sheet date 8 5,17 % 4,45 %
Loan to value ratio
7 37 % 35 %
Interest coverage ratio 9 3,1 3,8
       
Net investments
10 2 025 889
Market value properties
11 56 568 57 715
Annualized rental income level
12 3 800 3 385
Net yield properties 13 5,90 % 5,10 %
Sales, owned shopping centres   60 568 57 032
       
Interest per balance sheet date (NOK)   186,5 175,5

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.