Norwegian Property ASA reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was NOK 258.1 million compared to NOK 235.9 million a year ago. Revenue was NOK 258.1 million compared to NOK 235.9 million a year ago. Net loss was NOK 381.4 million compared to net income of NOK 736.5 million a year ago. Basic loss per share from continuing operations was NOK 0.59 compared to basic earnings per share from continuing operations of NOK 1.14 a year ago.
For the full year, sales was NOK 1,014.4 million compared to NOK 919.6 million a year ago. Revenue was NOK 1,014.4 million compared to NOK 919.6 million a year ago. Net income was NOK 295.9 million compared to NOK 1,573.1 million a year ago. Basic earnings per share from continuing operations was NOK 0.46 compared to NOK 2.44 a year ago.