Norðurslóð 4 ehf.: Ársreikningur 2025

Core Insights - The company Norðurslóðar 4 ehf. has approved its annual financial statement for the year 2025 [1] Financial Performance - Operating revenue for the year amounted to 241 million ISK, an increase from 208 million ISK in 2024 [1] - Net operating income (NOI) reached 115 million ISK, significantly up from 34 million ISK in 2024 [1] - The valuation change of investment properties resulted in a decrease of 119 million ISK, compared to an increase of 109 million ISK in 2024 [1] - The loss for the year was 116 million ISK, compared to a loss of 3 million ISK in 2024 [1] Asset Valuation - The value of investment properties at year-end was 2.451 billion ISK, slightly up from 2.436 billion ISK at the end of 2024 [1] - The equity ratio at year-end was 8.0%, down from 12.6% at the end of 2024 [1]