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Highlights 2024
Operating income
- Total operating income amounted to NOK 13 919 (13 625) million.
Result for the year
- Profit before income tax was NOK 3 903 million (- 4 359 million).
- Fair value adjustments of investment property and financial instruments
amounted to NOK 111 (-8 337) million. - Profit before income tax, fair value adjustments/depreciation and currency
result amounted to NOK 4 112 (4 333) million.
Financial position
- The Group’s equity at year end amounted to NOK 67 690 (64 500) million
and its equity ratio was 56 % (56 %). - The Group’s loan-to-value ratio was 28 % (27 %).
- Total liquidity reserves were NOK 11 112 (10 731) million.
Property portfolio
- The rental income level in the property portfolio at the end of 2024 was
NOK 7 625 (6 900) million and the vacancy rate was 3,7 % (3,7 %).
Shopping Centre Retail Sales
- Retail sales in the shopping centre portfolio owned by the Group amounted
to NOK 83,2 (79,7) billion. At year end, the Group owned 73 shopping
centres and managed 16 for other owners.
Thon Hotels
- At year end, Thon Hotels had 13 799 (14 057) rooms in 94 (94) hotels in
Norway and abroad.