{ "documentInfo": { "documentType": "https://xbrl.org/2021/xbrl-json", "features": { "xbrl:canonicalValues": true }, "namespaces": { "HYD": "http://hydrogen-pro.com/2023-12-31", "ifrs-full": "https://xbrl.ifrs.org/taxonomy/2022-03-24/ifrs-full", "iso4217": "http://www.xbrl.org/2003/iso4217", "scheme": "http://standards.iso.org/iso/17442", "xbrl": "https://xbrl.org/2021", "xbrli": "http://www.xbrl.org/2003/instance" }, "taxonomy": [ "http://hydrogen-pro.com/2023-12-31/549300EW945NUS7PK214-2023-12-31.xsd" ] }, "facts": { "f17988": { "value": "568233000", "decimals": -3, "dimensions": { "concept": "ifrs-full:RevenueFromContractsWithCustomers", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f17991": { "value": "56414000", "decimals": -3, "dimensions": { "concept": "ifrs-full:RevenueFromContractsWithCustomers", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f17995": { "value": "568233000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f17998": { "value": "56414000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18007": { "value": "447442000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CostOfMerchandiseSold", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18010": { "value": "44372000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CostOfMerchandiseSold", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18015": { "value": "85205000", "decimals": -3, "dimensions": { "concept": "ifrs-full:EmployeeBenefitsExpense", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18018": { "value": "62768000", "decimals": -3, "dimensions": { "concept": "ifrs-full:EmployeeBenefitsExpense", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18023": { "value": "22281000", "decimals": -3, "dimensions": { "concept": "ifrs-full:DepreciationAndAmortisationExpense", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18026": { "value": "13990000", "decimals": -3, "dimensions": { "concept": "ifrs-full:DepreciationAndAmortisationExpense", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18031": { "value": "71597000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherExpenseByNature", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18034": { "value": "54526000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherExpenseByNature", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18038": { "value": "-58292000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18041": { "value": "-119242000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18050": { "value": "33502000", "decimals": -3, "dimensions": { "concept": "ifrs-full:FinanceIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18053": { "value": "17874000", "decimals": -3, "dimensions": { "concept": "ifrs-full:FinanceIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18058": { "value": "38147000", "decimals": -3, "dimensions": { "concept": "ifrs-full:FinanceCosts", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18061": { "value": "13092000", "decimals": -3, "dimensions": { "concept": "ifrs-full:FinanceCosts", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18065": { "value": "-4645000", "decimals": -3, "dimensions": { "concept": "ifrs-full:FinanceIncomeCost", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18068": { "value": "4782000", "decimals": -3, "dimensions": { "concept": "ifrs-full:FinanceIncomeCost", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18077": { "value": "-62936000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18080": { "value": "-114460000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18085": { "value": "0", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18088": { "value": "-80000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18093": { "value": "-62936000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18096": { "value": "-114380000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18109": { "value": "-64513000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18112": { "value": "-109449000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18117": { "value": "1576000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18120": { "value": "-4931000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18137": { "value": "-729000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18140": { "value": "-415000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18145": { "value": "-729000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18148": { "value": "-415000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18153": { "value": "-63666000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18156": { "value": "-114795000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18169": { "value": "-65243000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18172": { "value": "-109864000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18176": { "value": "1576000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18179": { "value": "-4931000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18188": { "value": "-1.09", "decimals": 2, "dimensions": { "concept": "ifrs-full:BasicEarningsLossPerShare", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK/xbrli:shares" } }, "f18191": { "value": "-1.89", "decimals": 2, "dimensions": { "concept": "ifrs-full:BasicEarningsLossPerShare", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK/xbrli:shares" } }, "f18196": { "value": "-1.09", "decimals": 2, "dimensions": { "concept": "ifrs-full:DilutedEarningsLossPerShare", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK/xbrli:shares" } }, "f18199": { "value": "-1.89", "decimals": 2, "dimensions": { "concept": "ifrs-full:DilutedEarningsLossPerShare", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK/xbrli:shares" } }, "f18417": { "value": "1266000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IssuedCapital", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18420": { "value": "1161000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IssuedCapital", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18425": { "value": "691796000", "decimals": -3, "dimensions": { "concept": "ifrs-full:SharePremium", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18428": { "value": "575039000", "decimals": -3, "dimensions": { "concept": "ifrs-full:SharePremium", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18433": { "value": "38558000", "decimals": -3, "dimensions": { "concept": "ifrs-full:AdditionalPaidinCapital", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18436": { "value": "34162000", "decimals": -3, "dimensions": { "concept": "ifrs-full:AdditionalPaidinCapital", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18441": { "value": "-284221000", "decimals": -3, "dimensions": { "concept": "ifrs-full:RetainedEarnings", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18444": { "value": "-219117000", "decimals": -3, "dimensions": { "concept": "ifrs-full:RetainedEarnings", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18449": { "value": "-625000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ReserveOfExchangeDifferencesOnTranslation", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18452": { "value": "-588000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ReserveOfExchangeDifferencesOnTranslation", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18457": { "value": "446774000", "decimals": -3, "dimensions": { "concept": "ifrs-full:EquityAttributableToOwnersOfParent", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18460": { "value": "390657000", "decimals": -3, "dimensions": { "concept": "ifrs-full:EquityAttributableToOwnersOfParent", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18465": { "value": "6438000", "decimals": -3, "dimensions": { "concept": "ifrs-full:NoncontrollingInterests", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18468": { "value": "4963000", "decimals": -3, "dimensions": { "concept": "ifrs-full:NoncontrollingInterests", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18473": { "value": "453212000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18476": { "value": "395620000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18489": { "value": "6785000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherNoncurrentLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18492": { "value": "0", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherNoncurrentLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18497": { "value": "11428000", "decimals": -3, "dimensions": { "concept": "ifrs-full:NoncurrentLeaseLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18500": { "value": "11332000", "decimals": -3, "dimensions": { "concept": "ifrs-full:NoncurrentLeaseLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18505": { "value": "18213000", "decimals": -3, "dimensions": { "concept": "ifrs-full:NoncurrentLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18508": { "value": "11332000", "decimals": -3, "dimensions": { "concept": "ifrs-full:NoncurrentLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18521": { "value": "8933000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentLeaseLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18524": { "value": "5124000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentLeaseLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18529": { "value": "39170000", "decimals": -3, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18532": { "value": "20578000", "decimals": -3, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18537": { "value": "49641000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentContractLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18540": { "value": "65691000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentContractLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18545": { "value": "6128000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18548": { "value": "10797000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18553": { "value": "68338000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherCurrentLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18556": { "value": "41537000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherCurrentLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18561": { "value": "172209000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18564": { "value": "143728000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18572": { "value": "190422000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Liabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18575": { "value": "155060000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Liabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18584": { "value": "643634000", "decimals": -3, "dimensions": { "concept": "ifrs-full:EquityAndLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18587": { "value": "550680000", "decimals": -3, "dimensions": { "concept": "ifrs-full:EquityAndLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18611": { "value": "57932000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IntangibleAssetsAndGoodwill", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18614": { "value": "64415000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IntangibleAssetsAndGoodwill", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18619": { "value": "68157000", "decimals": -3, "dimensions": { "concept": "ifrs-full:PropertyPlantAndEquipment", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18622": { "value": "55537000", "decimals": -3, "dimensions": { "concept": "ifrs-full:PropertyPlantAndEquipment", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18627": { "value": "20455000", "decimals": -3, "dimensions": { "concept": "ifrs-full:RightofuseAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18630": { "value": "17625000", "decimals": -3, "dimensions": { "concept": "ifrs-full:RightofuseAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18635": { "value": "30517000", "decimals": -3, "dimensions": { "concept": "ifrs-full:NoncurrentFinancialAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18638": { "value": "29572000", "decimals": -3, "dimensions": { "concept": "ifrs-full:NoncurrentFinancialAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18643": { "value": "4804000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherNoncurrentReceivables", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18646": { "value": "4820000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherNoncurrentReceivables", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18650": { "value": "181865000", "decimals": -3, "dimensions": { "concept": "ifrs-full:NoncurrentAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18653": { "value": "171969000", "decimals": -3, "dimensions": { "concept": "ifrs-full:NoncurrentAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18664": { "value": "14554000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Inventories", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18667": { "value": "35762000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Inventories", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18672": { "value": "179184000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentTradeReceivables", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18675": { "value": "18585000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentTradeReceivables", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18680": { "value": "65836000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentContractAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18683": { "value": "19828000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentContractAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18688": { "value": "41665000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherCurrentReceivables", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18691": { "value": "47514000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherCurrentReceivables", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18696": { "value": "160531000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18699": { "value": "257022000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18703": { "value": "461770000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18706": { "value": "378711000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CurrentAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18715": { "value": "643634000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Assets", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18718": { "value": "550680000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Assets", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18759": { "value": "-62936000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18762": { "value": "-114460000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18767": { "value": "22281000", "decimals": -3, "dimensions": { "concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18770": { "value": "13990000", "decimals": -3, "dimensions": { "concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18775": { "value": "3312000", "decimals": -3, "dimensions": { "concept": "ifrs-full:AdjustmentsForSharebasedPayments", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18778": { "value": "8592000", "decimals": -3, "dimensions": { "concept": "ifrs-full:AdjustmentsForSharebasedPayments", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18783": { "value": "-206607000", "decimals": -3, "dimensions": { "concept": "HYD:AdjustmentsForDecreaseIncreaseInTradeAccountReceivableAndAdjustmentsForDecreaseIncreaseInContractAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18786": { "value": "-25371000", "decimals": -3, "dimensions": { "concept": "HYD:AdjustmentsForDecreaseIncreaseInTradeAccountReceivableAndAdjustmentsForDecreaseIncreaseInContractAssets", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18791": { "value": "21207000", "decimals": -3, "dimensions": { "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18794": { "value": "-35455000", "decimals": -3, "dimensions": { "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18799": { "value": "2542000", "decimals": -3, "dimensions": { "concept": "HYD:AdjustmentsForIncreaseDecreaseInTradeAccountPayableAndAdjustmentsForIncreaseDecreaseInContractLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18802": { "value": "17222000", "decimals": -3, "dimensions": { "concept": "HYD:AdjustmentsForIncreaseDecreaseInTradeAccountPayableAndAdjustmentsForIncreaseDecreaseInContractLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18807": { "value": "1778000", "decimals": -3, "dimensions": { "concept": "ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18810": { "value": "1893000", "decimals": -3, "dimensions": { "concept": "ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18815": { "value": "31788000", "decimals": -3, "dimensions": { "concept": "HYD:AdjustmentsForDecreaseIncreaseInPrepaymentsAndAccruedIncomeOtherThanContractAssetsAndAdjustmentsForIncreaseDecreaseInAccrualsAndDeferredIncomeOtherThanContractLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18818": { "value": "64230000", "decimals": -3, "dimensions": { "concept": "HYD:AdjustmentsForDecreaseIncreaseInPrepaymentsAndAccruedIncomeOtherThanContractAssetsAndAdjustmentsForIncreaseDecreaseInAccrualsAndDeferredIncomeOtherThanContractLiabilities", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18823": { "value": "-186635000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18826": { "value": "-69359000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18839": { "value": "19886000", "decimals": -3, "dimensions": { "concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18842": { "value": "14701000", "decimals": -3, "dimensions": { "concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18848": { "value": "32454000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18854": { "value": "-4716000", "decimals": -3, "dimensions": { "concept": "ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18859": { "value": "-19886000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18862": { "value": "-51871000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18875": { "value": "6832000", "decimals": -3, "dimensions": { "concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18878": { "value": "5175000", "decimals": -3, "dimensions": { "concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18883": { "value": "121902000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProceedsFromIssuingShares", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18886": { "value": "1172000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ProceedsFromIssuingShares", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18890": { "value": "5040000", "decimals": -3, "dimensions": { "concept": "ifrs-full:PaymentsForShareIssueCosts", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18893": { "value": "0", "decimals": -3, "dimensions": { "concept": "ifrs-full:PaymentsForShareIssueCosts", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18898": { "value": "110030000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18901": { "value": "-4003000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18910": { "value": "257022000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18913": { "value": "382255000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18918": { "value": "-96491000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18921": { "value": "-125233000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18926": { "value": "160531000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18929": { "value": "257022000", "decimals": -3, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f18962": { "value": "58000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "ifrs-full:RetrospectiveApplicationAndRetrospectiveRestatementAxis": "ifrs-full:PreviouslyStatedMember", "unit": "iso4217:NOK" } }, "f18965": { "value": "576142000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "ifrs-full:RetrospectiveApplicationAndRetrospectiveRestatementAxis": "ifrs-full:PreviouslyStatedMember", "unit": "iso4217:NOK" } }, "f18968": { "value": "26800000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AdditionalPaidinCapitalMember", "ifrs-full:RetrospectiveApplicationAndRetrospectiveRestatementAxis": "ifrs-full:PreviouslyStatedMember", "unit": "iso4217:NOK" } }, "f18971": { "value": "336000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "ifrs-full:RetrospectiveApplicationAndRetrospectiveRestatementAxis": "ifrs-full:PreviouslyStatedMember", "unit": "iso4217:NOK" } }, "f18974": { "value": "-92080000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember", "ifrs-full:RetrospectiveApplicationAndRetrospectiveRestatementAxis": "ifrs-full:PreviouslyStatedMember", "unit": "iso4217:NOK" } }, "f18977": { "value": "511256000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "ifrs-full:RetrospectiveApplicationAndRetrospectiveRestatementAxis": "ifrs-full:PreviouslyStatedMember", "unit": "iso4217:NOK" } }, "f18980": { "value": "0", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember", "ifrs-full:RetrospectiveApplicationAndRetrospectiveRestatementAxis": "ifrs-full:PreviouslyStatedMember", "unit": "iso4217:NOK" } }, "f18983": { "value": "511256000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:RetrospectiveApplicationAndRetrospectiveRestatementAxis": "ifrs-full:PreviouslyStatedMember", "unit": "iso4217:NOK" } }, "f18993": { "value": "-17639000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember", "ifrs-full:RetrospectiveApplicationAndRetrospectiveRestatementAxis": "ifrs-full:FinancialEffectOfCorrectionsOfAccountingErrorsMember", "unit": "iso4217:NOK" } }, "f18996": { "value": "-17639000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "ifrs-full:RetrospectiveApplicationAndRetrospectiveRestatementAxis": "ifrs-full:FinancialEffectOfCorrectionsOfAccountingErrorsMember", "unit": "iso4217:NOK" } }, "f19000": { "value": "-17639000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:RetrospectiveApplicationAndRetrospectiveRestatementAxis": "ifrs-full:FinancialEffectOfCorrectionsOfAccountingErrorsMember", "unit": "iso4217:NOK" } }, "f19006": { "value": "58000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:NOK" } }, "f19009": { "value": "576142000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:NOK" } }, "f19012": { "value": "26800000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AdditionalPaidinCapitalMember", "unit": "iso4217:NOK" } }, "f19015": { "value": "336000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:NOK" } }, "f19018": { "value": "-109719000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember", "unit": "iso4217:NOK" } }, "f19021": { "value": "493617000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19024": { "value": "0", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember", "unit": "iso4217:NOK" } }, "f19027": { "value": "493617000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f19035": { "value": "-415000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:NOK" } }, "f19038": { "value": "-109449000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember", "unit": "iso4217:NOK" } }, "f19041": { "value": "-109864000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19044": { "value": "-4931000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember", "unit": "iso4217:NOK" } }, "f19047": { "value": "-114795000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f19051": { "value": "1103000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IssueOfEquity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:NOK" } }, "f19054": { "value": "-1103000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IssueOfEquity", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:NOK" } }, "f19068": { "value": "7362000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AdditionalPaidinCapitalMember", "unit": "iso4217:NOK" } }, "f19073": { "value": "7362000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19077": { "value": "7362000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f19086": { "value": "-509000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:NOK" } }, "f19089": { "value": "51000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember", "unit": "iso4217:NOK" } }, "f19092": { "value": "-458000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19095": { "value": "9894000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember", "unit": "iso4217:NOK" } }, "f19098": { "value": "9436000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl", "entity": "scheme:549300EW945NUS7PK214", "period": "2022-01-01T00:00:00/2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f19103": { "value": "1161000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:NOK" } }, "f19106": { "value": "575039000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:NOK" } }, "f19109": { "value": "34162000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AdditionalPaidinCapitalMember", "unit": "iso4217:NOK" } }, "f19112": { "value": "-588000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:NOK" } }, "f19115": { "value": "-219117000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember", "unit": "iso4217:NOK" } }, "f19118": { "value": "390657000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19121": { "value": "4963000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember", "unit": "iso4217:NOK" } }, "f19124": { "value": "395620000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f19139": { "value": "1161000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:NOK" } }, "f19142": { "value": "575039000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:NOK" } }, "f19145": { "value": "34162000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AdditionalPaidinCapitalMember", "unit": "iso4217:NOK" } }, "f19148": { "value": "-588000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:NOK" } }, "f19151": { "value": "-219117000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember", "unit": "iso4217:NOK" } }, "f19154": { "value": "390657000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19157": { "value": "4963000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember", "unit": "iso4217:NOK" } }, "f19160": { "value": "395620000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f19168": { "value": "-729000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:NOK" } }, "f19171": { "value": "-64513000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember", "unit": "iso4217:NOK" } }, "f19174": { "value": "-65242000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19177": { "value": "1576000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember", "unit": "iso4217:NOK" } }, "f19180": { "value": "-63666000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f19187": { "value": "692000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:NOK" } }, "f19190": { "value": "-591000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember", "unit": "iso4217:NOK" } }, "f19193": { "value": "101000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19196": { "value": "-101000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember", "unit": "iso4217:NOK" } }, "f19199": { "value": "0", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f19204": { "value": "105000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IssueOfEquity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:NOK" } }, "f19207": { "value": "121797000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IssueOfEquity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:NOK" } }, "f19213": { "value": "121902000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IssueOfEquity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19217": { "value": "121902000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IssueOfEquity", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f19223": { "value": "5040000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ShareIssueRelatedCost", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:NOK" } }, "f19228": { "value": "5040000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ShareIssueRelatedCost", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19232": { "value": "5040000", "decimals": -3, "dimensions": { "concept": "ifrs-full:ShareIssueRelatedCost", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f19238": { "value": "4396000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AdditionalPaidinCapitalMember", "unit": "iso4217:NOK" } }, "f19241": { "value": "4396000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19244": { "value": "4396000", "decimals": -3, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "f19249": { "value": "1266000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:NOK" } }, "f19252": { "value": "691796000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:NOK" } }, "f19255": { "value": "38558000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AdditionalPaidinCapitalMember", "unit": "iso4217:NOK" } }, "f19258": { "value": "-625000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:NOK" } }, "f19261": { "value": "-284221000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember", "unit": "iso4217:NOK" } }, "f19264": { "value": "446774000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember", "unit": "iso4217:NOK" } }, "f19267": { "value": "6438000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember", "unit": "iso4217:NOK" } }, "f19270": { "value": "453212000", "decimals": -3, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:549300EW945NUS7PK214", "period": "2024-01-01T00:00:00", "unit": "iso4217:NOK" } }, "s6_notes__7__18": { "value": "NOTE 1.3 SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATES AND ASSUMPTIONSThe preparation of the consolidated financial statements in accordance with IFRS and applying the chosen accounting policies requires man-agement to make judgments, esti-mates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses.The estimates and associated assumptions are based on histor-ical experience and various other factors that are believed to be reasonable under the circumstanc-es. Actual results may differ from these estimates. The estimates and the underlying assumptions are reviewed on an ongoing basis.The accounting policies applied by management which includes a significant degree of estimates and assumptions or judgments that may have the most significant effect on the amounts recognized in the financial statements, are summa-rized below:Revenue recognition from con-tracts with customers (note 2.2and note 1.4)Estimating fair value for share-based payments transactions(note 2.4)Value in use calculation in re-lation to impairment testing ofgoodwill (note 3.1)A detailed description of the signif-icant estimates and assumptions are included in the individual note referenced above.", "dimensions": { "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__19": { "value": "NOTE 1.4 GENERAL ACCOUNTING POLICIESHydrogenPro has selected a pre-sentation in which the description of accounting policies as well as estimates, assumptions and judge-mental considerations are disclosed in the accounting policy note. If not, it is disclosed in the specific notes to which the policies relate. A thorough summary of the Group\u2019s general accounting policies not disclosed in the notes, are presented below:ConsolidationSubsidiaries are all entities which the Group has control. Control of an enti-ty occurs when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Subsidiaries are fully consoli-dated from the day on which control is transferred to the Group. They are also eventual deconsolidated from the date that control ceases.Inter-company transactions, balances and unrealised gains on transactions between group com-panies are eliminated. Unrealised losses are also eliminated. When necessary, amounts reported by subsidiaries have been adjusted to conform with the Group\u2019s account-ing principles.Non-controlling interestNon-controlling interest is when less than 100 % of the interest is acquired in an entity. Non-con-trolling interest is recognised and measured at the proportional shareof net identifiable assets.Transactions and balances in foreign currencyForeign currency transactions are translated into the functional currency using the exchange rates at the dates of the transactions. Foreign exchange gains andlosses resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currencies at year-end exchange rates are recognised in profit or loss.Revenue recognitionThe revenue in HydrogenPro is from sale of both hydrogen elec-trolyser systems and engineering services, including installation, com-missioning, and long-term service agreements. Project execution is key in HydrogenPro\u2019s construction projects.The group\u2019s revenues result from the sale of goods or services and re-flect the consideration to which the group is and expect to be entitled. IFRS 15 requires the group to as-sess revenue recognition based on a fivestep model. For its customer contracts, the group identifies the performance obligations (goods or services), determines the transac-tion price, allocates the contract transaction price to the perfor-mance obligations and recognises the revenue when (or as) the per-formance obligations are satisfied.Revenue recognition is determined on a contract-by-contract basis by determining the terms and performance obligations given in a specific contract. Based on the specific contract and its obligations, revenue under IFRS 15 is either recognised at a point in time or over time. Revenue is recognised over-time using the method that best depicts the pattern of the transfer of control over time. The method applied is the cost-to-cost input method to determine the per-centage of completion. This method includes adjustments of time and goods that are delivered to the cus-tomer. Contract costs are expensed as incurred.The Group applied the following judgements that significantly affect the determination of the timing of revenue recognition and amounts of revenue contracts with customers:Performance obligationsIn determining whether revenue from specific contract can be clas-sified as customised and in turn recognised using a progress-based measurement, several criteria must be evaluated.The first criterion is related to alter-native use. Manufacturing a custom-ised product or piece of equipment for a specific customer that would require significant cost to modify to be able to transfer it to another a customer, then the contract would likely meet the criteria of alternate use. The other important criterion is that an enforceable right to paymentexists in the contract between the group and the customer. Right to payment entails that the group has a right to receive payment from the customer if the contract would be terminated. Upon termination at a certain time, the group should be able to recover costs incurred and a reasonable margin.Total contract costsIn a customised customer project, HydrogenPro uses cost-to-cost input method when measuring progress; thus, the total cost estimates can significantly impact measured progress and revenue recognition. The total project cost comprises estimates on the ability to execute the planned engineering and design phase, the availability of skilled resources, performance of subcontractors, foreign currency and HydrogenPro\u2019s manufacturing capacity, productivity and quality.Amount \u2013 Liquidated damages (LDs)LDs are penalties for not achieving defined milestones on time. LDs arecommon in construction contracts. As the payment to the customer is not in exchange for a distinct good or service that transfers to Hydro-genPro, LDs must be accounted for as a reduction revenue. If a project does not meet the defined milestone in a contract, a provision reducing the transaction price is made unless it is highly probable that LD will not be imposed. The estimated LD provision is highly judgemental. HydrogenPro esti-mates variable consideration using the most likely amount.Type of goods or servicesThe group generates revenue from customer contracts from two principal sources: i) Equipment and projects and R&D, FEED-stud-ies, service and aftermarket. The equipment and projects sales are generated from both standard and customised electrolysers and gas separators.In the event, the company delivers on standard equipment, the group recognises revenue at the point in time at which it satisfies a perfor-mance obligation by transferring the control of a good or service to the customer. Generally, this upon agreed incoterms, which is mainly at shipment. The customer has control of a good or service when it has the ability to direct the use of and obtain substantially all of the remaining benefits from the good or service.Most of HydrogenPro\u2019s revenue until now stems from sale of cus-tomisation of the equipment. Such sale of customised equipment is recognised as revenue over-time if the equipment cannot be sold to other customers without significant re-work and HydrogenPro has an enforceable right to payment for performance completed to date.Electrolyser systemsRevenue from sale of customised equipment and projects is deter-mined to be a bundle of goods where all of the components constitute the combined output, i.e.one performance obligation. The performance obligation is satisfied over time and HydrogenPro recog-nise revenue over the period the performance obligation is satisfied, using a cost-to-cost input method that best depicts the pattern of the transfer of control over time. The progress-based measurement of revenue has been the main meth-od of recognising revenue from electrolyser projects of largescale electrolyser systems.Engineering servicesRevenue from engineering services such as design, documentation, drawings for customers can either be recognised over-time measuring progress using input method cost-to-cost, or at pointin time, where the performance obligation is put to an hourby-hour basis.For both revenue streams, if there are circumstance that the unavoid-able costs directly related to project is expected to exceed the economic benefits expected to be received un-der the contract, the estimated loss on the contract will be recognised in its entirety in the period when such loss is identified.Contract balancesEquipment contracts with a cus-tomer will usually have milestone payments with variable structures. The contract price will be invoiced when certain criteria are met. A typical milestone structure could be contract acceptance, placement of major supplier purchases, delivery/ shipment and complete installation and commissioning. The payment structure of the contracts typically results in advance payments and progress billings exceed the satis-faction of performance obligations in progress. Consequently, creating a net contract liability. Or, in the op-posite event, if the group performs by transferring goods or services to a customer before the custom-er pays consideration or before payment is due, a contract asset is recognised for the earned consider-ation that is conditional.A contract asset is the right to con-sideration in exchange for goods or services transferred to the custom-er. As of the balance sheet date, the cumulative costs incurred plus recognised profit (less recognised loss) on each contract is compared against the advances and progress billings. Where the cumulative costs incurred plus the recognised profits (less recognised losses) exceed advances and progress billings, the balance is presented as due from customers on con-struction contracts within \u201ccontract assets\u201d. When the contract assets become an unconditional right to consideration they are reclassified and presented separately as trade receivables, usually when invoices are issued to the customers.A contract liability is the obligation to transfer goods or services to a cus-tomer for which the group has re-ceived consideration (or an amount of consideration is due) from the customer. If a customer pays consid-eration before the group transfers goods or services to the customer, a contract liability is recognised when the payment is made, or the pay-ment is due (whichever is earlier). Contract liabilities are recognised as revenue when the group performs under the contract. Where advanc-es and progress billings exceed the cumulative costs incurred plus recognised profits (less recognised losses), the balance is presented as due to customers on construction contracts within \u201ccontract liabilities\u201d.Please find illustrative tables from the nature of revenues for Hydro-genPro in Note 2.2.LeasesThe group recognises right-of-use assets and lease liabilities for all lease contracts, except leases that are considered short-term (lease term of 12 months or less), or for which underlying assets are of a low value when new.Right-of-use assetsThe group recognises right-of-use asset at the lease commencement date. The right-of-use assets are initially measured at cost, which comprises the initial amount of the lease liabilities adjusted for any lease payments made at or before the commencement date, adjusted for initial direct costs and lease incentives received. The right-of-use assets are subsequently depreciat-ed using the straight-line method over the shorter of the lease term or the useful life of the underlying asset. In addition, the right-of-use assets are reduced by any impair-ment charges and adjusted for certain remeasurements of the lease liabilities.Lease liabilitiesThe group recognises a lease liability at the lease commencement date. The lease liabilities are measured at the present value of future lease payments at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the group\u2019s incremental borrow-ing rate. HydrogenPro utilises the incremental borrowing rate as the discount rate for virtually all lease agreements. Lease payments includ-ed in the measurement of the lease liabilities comprise the following: Fixed lease payments, less any lease incentives received.Variable lease payments that depend on an index or a rate, initially measured using the in-dex or rate as at the commence-ment date.The lease liability is subsequent-ly measured by increasing the carrying amount to reflect interest on the lease liability, reducing the carrying amount to reflect the lease payments made and remeasuring the carrying amount to reflect any reassessment or lease modifica-tions, or to reflect adjustments in lease payments due to an adjust-ment in and index or rate.The Group presents its lease liabil-ities as separate line items in the consolidated statement of financial position.The Group does not act as a lessor. See note 12 for more information.Share-based paymentsShare-based compensation benefits are provided to employees via the share option plan. Information re-lating to the options scheme is set out in note 2.4.The employee option plan is regard-ed as equity settled share-based payments. The fair value of options granted under the share option plan is recognised as an employee benefits expense or other oper-ating cost (if it is given to external consultants) with a corresponding increase in equity. The total amount to be expensed is determined by reference to the fair value of the options granted.The total expense is recognised over the vesting period, which is the period over which all of the specified vesting conditions are to be satisfied. At the end of each period, the entity revises its estimates of the number of options that are expected to vest based on the non-market vesting and service conditions. It recognises the impact of the revision to original esti-mates, if any, in profit or loss, with a corresponding adjustment to equity.For further information refer note 2.4 (Personnel expenses).Income taxThe tax expense in the consolidat-ed statement of comprehensive income consists of the tax payable and changes to deferred tax. De-ferred tax/tax assets are calculated on all differences between the book value and tax value of assets and liabilities, with the exception of: temporary differences linked to goodwill that are not tax deductibletemporary differences related to investments in subsidiaries, associates or joint ventures when the Group controls when the temporary differences are to be reversed and this is not expected to take place in the foreseeable future.Deferred tax assets are recognised when it is probable that the com-pany will have sufficient profit in the future to utilise the deferred tax asset. The companies recognise previously unrecognised deferred tax assets to the extent it has be-come probable that the company can utilise the deferred tax asset. Similarly, the company will reduce a deferred tax asset to the extent that the company no longer regards it as probable that it can utilise the deferred tax asset.Deferred tax and deferred tax assets are measured on the basis of the expected future tax rates applicable to the companies in the Group where temporary differences have arisen.Deferred tax and deferred tax assets are recognised at their nominal value and classified as non-current assets and/or current liabilities in the consolidated statement of financial position.Taxes payable and deferred taxes are recognised directly in equity to the extent that they relate to equity transactions.Deferred tax liabilities and assets are offset if able right to set off current tax liabilities and assets; and assets relate to income taxes levied by the same authority on either the same taxable entity, or on difference taxable entities,but these entities intend to settle current tax liabilities and assets on a net basis, or their tax assets and liabilities will be realised simultaneously.See note 2.8 for tax.Property, plant and equipment\u2019sProperty, plant and equipment\u2019s are valued at their cost less accumu-lated depreciation and impairment losses. When assets are sold or disposed of, the carrying amount is derecognised and any gain or loss is recognised in the statement of comprehensive income.The depreciation period and meth-od are assessed each year.Assets under construction are classified as non-current assets and recognised at cost until the pro-duction or development process is completed. Assets under construc-tion are not depreciated until the asset is taken into use.Intangible assetsGoodwillGoodwill acquired through busi-ness combinations is included in intangible assets. Goodwill is recorded at cost less accumulated impairment losses and is subject to annual impairment testing or more frequently if events or changes in circumstances indicate that it might be impaired.Research and developmentResearch costs related to internal projects are recognised in profit or loss as incurred. Development costs are capitalised only if the expendi-ture attributable to the intangible asset can be measured reliably and there is an intention and ability to complete and make the intangible asset commercially available for sale or own use which will generate probable future economic benefits.If condition for capitalisation is not met, the costs is recognised in prof-it or loss as incurred. Subsequent to initial recognition intangible assets is measured at cost less accumulat-ed amortisation and any accumulat-ed impairment loss.Patents, licenses and technologyPatents, licenses and technology acquired is measured at cost less accumulated amortisation and any accumulated impairment loss.Amortisation methodsRefer to note 3.1 for details about amortisation methods.Business combinationsThe acquisition of subsidiaries is accounted for using the acquisition method. Identifiable assets, liabilities and contingent liabilities that meet the conditions for recognition are recognized at their fair values at the acquisition date. The acquisition date is the date when the acquirer obtains control of the acquiree. Any contin-gent consideration will be recognized at fair value at the acquisition date. Additional value that cannot be allocated to identifiable assets and liabilities are allocated to goodwill.Non-controlling interest is mea-sured based on the proportionate interest in the recognized amount of the identifiable net asset.Acquisition-related costs incurred are expensed and included in oper-ating expenses.Government grantsGovernment grants are recognized when it is reasonably certain that the group will meet the conditions stipulated for the grants and that the grants will be received.Government grants related to con-struction of an asset is recognized as reduction of the acquisition cost. Grants related to R&D project that are expended are recognizes as a reduction of cost.Financial instrumentsA financial instrument is any con-tract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.Financial investments and liabili-ties are recognized in the Group\u2019s statement of financial position when The Group becomes a party to the contractual provisions of the instrument.The Group\u2019s financial instruments are grouped as:Financial assets: Other non-cur-rent receivables, trade receiv-ables, cash and bank deposits.Financial liabilites: Non-current lease liabilites, trade and other payables, and current lease liabilites.Financial investement measured at fair value though profit and loss: Financial investment.The carrying amount of the Group\u2019s financial investments and liabilities are presented in note 6,1 (Financial instruments), along with descrip-tions of the key risk areas and expo-sure for HydrogenPro.Measurement of financial instrumentsFinancial instruments are measured at amortised cost or fair value through profit or loss.Financial investments are measured at amortised cost if the objective is to hold and collect contractual cash flows and contractual cash flows consist solely of principal and in-terest on the principal amount out-standing. If both conditions are not met, the financial asset is measured at fair value through profit or loss.Measurements of financial investments at fair value through profit or loss is based on the fair value hierarchy:Level 1: Fair value is measured using quoted prices from active markets for identical assets and obligations. by using input based on other observable factors; either direct (price) or indirect (derived from prices) rather than noted prices (used in level 1) for the asset or obligation. using inputs that are not based on observable market data.Refer to note 3.4 for classification of financial investments in the fair value hierarchy.Liabilities are initially measured at fair value of the amount required to settle the associated obligation. Subsequently the financial liabilities are measured at amortized cost using the effective interest rate method.Cash and bank depositsCash includes cash in hand and at bank. Cash equivalents are short-term liquid investments that can be immediately converted into a known amount of cash and have a maximum term to maturity of three months.EquityFinancial instruments are classified as liabilities or equity in accordance with the underlying economic realities.Interest, dividend, gains and losses relating to a financial instrument classified as a liability will be pre-sented as an expense or income. Amounts distributed to holders of financial instruments that are classified as equity will be recorded directly in equity.Cost of equity transactionsTransaction costs directly related to an equity transaction are recognised directly in equity after deducting tax expenses.Translation differencesTranslation differences arise in connection with exchange-rate differences of consolidated foreign entities.Exchange-rate in monetary amounts (liabilities or receivables) which are in reality a part of a com-pany\u2019s net investment in a foreign entity are also included as transla-tion differences.InventoriesThe group have recognised inven-tory in 2023. These are measured and valued at the lower of cost or net realisable value. Net realisable value is the estimated future sales price of the product the group ex-pects to realise when the product is processed and sold, less estimated costs to complete production and bring the product to sale.ProvisionsThe group recognizes a provision when a legal or constructive obliga-tion exists as a result of past events, it is more likely than not that a transfer of financial resources will be required to settle the obligation, and the amount of the obligation can be reliably estimated. When the group expects some or all of a provision to be reimbursed, for example, under an insurance contract, the reimbursement is recognised as a separate asset, but only when the reimbursement is virtually certain. When the effect is significant, provisions are calculat-ed by discounting expected cash flows at a pre-tax rate that reflects the time value of money and if appropriate the risks specific to the liability. Increase in provisions as a result of time passing, is presented as interest expense.Onerous contractsAn onerous contract is a contract in which the unavoidable costs (i.e. the lower of the cost of fulfilling the contract and any compensation or penalties arising from failure to ful-fil it) exceed the economic benefits expected to be received under the contract. For all contracts that are onerous, the present obligation un-der the contract is recognised and measured as a provision.Social security share optionsSocial security stock options are the provision for social security payable in Norway, calculated at the intrin-sic value at year end. The provision fluctuates with the number of active options, timing of exercise and the share price. See note 18 for further information on share option program.Earnings per shareEarnings per share are calculated by dividing the profit/loss for the year by the corresponding weighted average of the number of outstand-ing shares during the reporting period. \u2018Diluted earnings per share\u2019 is based on the same calculation as for earnings per share, but it also considers all potential shares with dilutive effect that have been outstanding during the period. Po-tential shares relate to agreements that confer the right to issue shares in future. Options are excluded if their effect would have been anti-dilutive.Earnings per share is calculated as profit/ (loss) attributable to the equity holders of the parent company divided by the average number of shares outstanding.See note 6.4 for more details about earnings per share.Going concernThe consolidated financial state-ment is presented on the going con-cern assumption under Internation-al Financial Reporting Standards. As per the date of this report the group has sufficient working capital for its planned business activities over the next twelve-month period.", "dimensions": { "concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__20": { "value": "ConsolidationSubsidiaries are all entities which the Group has control. Control of an enti-ty occurs when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Subsidiaries are fully consoli-dated from the day on which control is transferred to the Group. They are also eventual deconsolidated from the date that control ceases.Inter-company transactions, balances and unrealised gains on transactions between group com-panies are eliminated. Unrealised losses are also eliminated. When necessary, amounts reported by subsidiaries have been adjusted to conform with the Group\u2019s account-ing principles.", "dimensions": { "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__21": { "value": "Transactions and balances in foreign currencyForeign currency transactions are translated into the functional currency using the exchange rates at the dates of the transactions. Foreign exchange gains andlosses resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currencies at year-end exchange rates are recognised in profit or loss.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__22-1": { "value": "Revenue recognitionThe revenue in HydrogenPro is from sale of both hydrogen elec-trolyser systems and engineering services, including installation, com-missioning, and long-term service agreements. Project execution is key in HydrogenPro\u2019s construction projects.The group\u2019s revenues result from the sale of goods or services and re-flect the consideration to which the group is and expect to be entitled. IFRS 15 requires the group to as-sess revenue recognition based on a fivestep model. For its customer contracts, the group identifies the performance obligations (goods or services), determines the transac-tion price, allocates the contract transaction price to the perfor-mance obligations and recognises the revenue when (or as) the per-formance obligations are satisfied.Revenue recognition is determined on a contract-by-contract basis by determining the terms and performance obligations given in a specific contract. Based on the specific contract and its obligations, revenue under IFRS 15 is either recognised at a point in time or over time. Revenue is recognised over-time using the method that best depicts the pattern of the transfer of control over time. The method applied is the cost-to-cost input method to determine the per-centage of completion. This method includes adjustments of time and goods that are delivered to the cus-tomer. Contract costs are expensed as incurred.The Group applied the following judgements that significantly affect the determination of the timing of revenue recognition and amounts of revenue contracts with customers:Performance obligationsIn determining whether revenue from specific contract can be clas-sified as customised and in turn recognised using a progress-based measurement, several criteria must be evaluated.The first criterion is related to alter-native use. Manufacturing a custom-ised product or piece of equipment for a specific customer that would require significant cost to modify to be able to transfer it to another a customer, then the contract would likely meet the criteria of alternate use. The other important criterion is that an enforceable right to paymentexists in the contract between the group and the customer. Right to payment entails that the group has a right to receive payment from the customer if the contract would be terminated. Upon termination at a certain time, the group should be able to recover costs incurred and a reasonable margin.Total contract costsIn a customised customer project, HydrogenPro uses cost-to-cost input method when measuring progress; thus, the total cost estimates can significantly impact measured progress and revenue recognition. The total project cost comprises estimates on the ability to execute the planned engineering and design phase, the availability of skilled resources, performance of subcontractors, foreign currency and HydrogenPro\u2019s manufacturing capacity, productivity and quality.Amount \u2013 Liquidated damages (LDs)LDs are penalties for not achieving defined milestones on time. LDs arecommon in construction contracts. As the payment to the customer is not in exchange for a distinct good or service that transfers to Hydro-genPro, LDs must be accounted for as a reduction revenue. If a project does not meet the defined milestone in a contract, a provision reducing the transaction price is made unless it is highly probable that LD will not be imposed. The estimated LD provision is highly judgemental. HydrogenPro esti-mates variable consideration using the most likely amount.Type of goods or servicesThe group generates revenue from customer contracts from two principal sources: i) Equipment and projects and R&D, FEED-stud-ies, service and aftermarket. The equipment and projects sales are generated from both standard and customised electrolysers and gas separators.In the event, the company delivers on standard equipment, the group recognises revenue at the point in time at which it satisfies a perfor-mance obligation by transferring the control of a good or service to the customer. Generally, this upon agreed incoterms, which is mainly at shipment. The customer has control of a good or service when it has the ability to direct the use of and obtain substantially all of the remaining benefits from the good or service.Most of HydrogenPro\u2019s revenue until now stems from sale of cus-tomisation of the equipment. Such sale of customised equipment is recognised as revenue over-time if the equipment cannot be sold to other customers without significant re-work and HydrogenPro has an enforceable right to payment for performance completed to date.Electrolyser systemsRevenue from sale of customised equipment and projects is deter-mined to be a bundle of goods where all of the components constitute the combined output, i.e.one performance obligation. The performance obligation is satisfied over time and HydrogenPro recog-nise revenue over the period the performance obligation is satisfied, using a cost-to-cost input method that best depicts the pattern of the transfer of control over time. The progress-based measurement of revenue has been the main meth-od of recognising revenue from electrolyser projects of largescale electrolyser systems.Engineering servicesRevenue from engineering services such as design, documentation, drawings for customers can either be recognised over-time measuring progress using input method cost-to-cost, or at pointin time, where the performance obligation is put to an hourby-hour basis.For both revenue streams, if there are circumstance that the unavoid-able costs directly related to project is expected to exceed the economic benefits expected to be received un-der the contract, the estimated loss on the contract will be recognised in its entirety in the period when such loss is identified.Contract balancesEquipment contracts with a cus-tomer will usually have milestone payments with variable structures. The contract price will be invoiced when certain criteria are met. A typical milestone structure could be contract acceptance, placement of major supplier purchases, delivery/ shipment and complete installation and commissioning. The payment structure of the contracts typically results in advance payments and progress billings exceed the satis-faction of performance obligations in progress. Consequently, creating a net contract liability. Or, in the op-posite event, if the group performs by transferring goods or services to a customer before the custom-er pays consideration or before payment is due, a contract asset is recognised for the earned consider-ation that is conditional.A contract asset is the right to con-sideration in exchange for goods or services transferred to the custom-er. As of the balance sheet date, the cumulative costs incurred plus recognised profit (less recognised loss) on each contract is compared against the advances and progress billings. Where the cumulative costs incurred plus the recognised profits (less recognised losses) exceed advances and progress billings, the balance is presented as due from customers on con-struction contracts within \u201ccontract assets\u201d. When the contract assets become an unconditional right to consideration they are reclassified and presented separately as trade receivables, usually when invoices are issued to the customers.A contract liability is the obligation to transfer goods or services to a cus-tomer for which the group has re-ceived consideration (or an amount of consideration is due) from the customer. If a customer pays consid-eration before the group transfers goods or services to the customer, a contract liability is recognised when the payment is made, or the pay-ment is due (whichever is earlier). Contract liabilities are recognised as revenue when the group performs under the contract. Where advanc-es and progress billings exceed the cumulative costs incurred plus recognised profits (less recognised losses), the balance is presented as due to customers on construction contracts within \u201ccontract liabilities\u201d.Please find illustrative tables from the nature of revenues for Hydro-genPro in Note 2.2.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__5": { "value": "HydrogenPro ASA", "dimensions": { "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__7": { "value": "ASA", "dimensions": { "concept": "ifrs-full:LegalFormOfEntity", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__8": { "value": "Norway", "dimensions": { "concept": "ifrs-full:CountryOfIncorporation", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__6": { "value": "Norway", "dimensions": { "concept": "ifrs-full:DomicileOfEntity", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__9": { "value": "Hydrovegen 6, 3933 Porsgrunn, Norway", "dimensions": { "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__10": { "value": "HydrogenPro ASA designs and supplies large scale hydrogen production plants in cooperation with global partners and suppliers. Our core product is the alkaline high-pressure electrolyser.", "dimensions": { "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__12": { "value": "HydrogenPro ASA", "dimensions": { "concept": "ifrs-full:NameOfParentEntity", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__11": { "value": "global", "dimensions": { "concept": "ifrs-full:PrincipalPlaceOfBusiness", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__14": { "value": "The consolidated financial state-ments of HydrogenPro ASA for the fiscal year 2023 were approved in the board meeting at 21.03.2024.", "dimensions": { "concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__15": { "value": "NOTE 1.2 BASIS OF PREPARATIONThe consolidated financial state-ments of HydrogenPro ASA and its subsidiaries (collectively \u201cthe Group\u201d, or \u201cHydrogenPro\u201d) compriseconsolidated statement of com-prehensive income, consolidated statement of financial position, con-solidated statement of cash flows, consolidated statement of changes in equity and related notes.The consolidated financial state-ments of HydrogenPro ASA have been prepared in accordance with the IFRS\u00ae Accounting Standards (IFRS) and IFRIC interpretations, as adopted by the EU and the additional requirements of the Norwegian Accounting Act as of 31 December 2023. The consolidated financial state-ments have been prepared on a historical cost basis except the con-vertible rights to DG Fuels, which is recognized at fair value. (Note 3.4)Further, the consolidated financial statements are prepared based on the going concern assumption.The consolidated financial state-ments are presented in Norwegian kroner (\u201cNOK\u201d). For each entity, the Group determines the functional currency and items included in the financial statements of each entity are measured using that functional currency. HydrogenPro ASA has Norwegian krone (\u201cNOK\u201d) as its functional currency.For presentation purposes, balance sheet items are translated from functional currency to presentation currency by using exchange rates at the reporting date.Items within total comprehen-sive income are translated from functional currency to presentation currency by applying yearly average exchange rates. The resulting trans-lation differences are recognized in other comprehensive income.All values are rounded to the nearest thousand, unless when indicated otherwise. As a result of rounding differences numbers of percentages may not add up to the total.", "dimensions": { "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__16": { "value": "The consolidated financial state-ments of HydrogenPro ASA and its subsidiaries (collectively \u201cthe Group\u201d, or \u201cHydrogenPro\u201d) compriseconsolidated statement of com-prehensive income, consolidated statement of financial position, con-solidated statement of cash flows, consolidated statement of changes in equity and related notes.The consolidated financial state-ments of HydrogenPro ASA have been prepared in accordance with the IFRS\u00ae Accounting Standards (IFRS) and IFRIC interpretations, as adopted by the EU", "dimensions": { "concept": "ifrs-full:StatementOfIFRSCompliance", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__17": { "value": "The consolidated financial state-ments are presented in Norwegian kroner (\u201cNOK\u201d). For each entity, the Group determines the functional currency and items included in the financial statements of each entity are measured using that functional currency. HydrogenPro ASA has Norwegian krone (\u201cNOK\u201d) as its functional currency.For presentation purposes, balance sheet items are translated from functional currency to presentation currency by using exchange rates at the reporting date.Items within total comprehen-sive income are translated from functional currency to presentation currency by applying yearly average exchange rates. The resulting trans-lation differences are recognized in other comprehensive income.All values are rounded to the nearest thousand, unless when indicated otherwise. As a result of rounding differences numbers of percentages may not add up to the total.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__27": { "value": "Property, plant and equipment\u2019sProperty, plant and equipment\u2019s are valued at their cost less accumu-lated depreciation and impairment losses. When assets are sold or disposed of, the carrying amount is derecognised and any gain or loss is recognised in the statement of comprehensive income.The depreciation period and meth-od are assessed each year.Assets under construction are classified as non-current assets and recognised at cost until the pro-duction or development process is completed. Assets under construc-tion are not depreciated until the asset is taken into use.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__28-1": { "value": "Intangible assetsPatents, licenses and technologyPatents, licenses and technology acquired is measured at cost less accumulated amortisation and any accumulated impairment loss.Amortisation methodsRefer to note 3.1 for details about amortisation methods.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__29": { "value": "GoodwillGoodwill acquired through busi-ness combinations is included in intangible assets. Goodwill is recorded at cost less accumulated impairment losses and is subject to annual impairment testing or more frequently if events or changes in circumstances indicate that it might be impaired.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__30": { "value": "Research and developmentResearch costs related to internal projects are recognised in profit or loss as incurred. Development costs are capitalised only if the expendi-ture attributable to the intangible asset can be measured reliably and there is an intention and ability to complete and make the intangible asset commercially available for sale or own use which will generate probable future economic benefits.If condition for capitalisation is not met, the costs is recognised in prof-it or loss as incurred. Subsequent to initial recognition intangible assets is measured at cost less accumulat-ed amortisation and any accumulat-ed impairment loss.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__32": { "value": "Business combinationsThe acquisition of subsidiaries is accounted for using the acquisition method. Identifiable assets, liabilities and contingent liabilities that meet the conditions for recognition are recognized at their fair values at the acquisition date. The acquisition date is the date when the acquirer obtains control of the acquiree. Any contin-gent consideration will be recognized at fair value at the acquisition date. Additional value that cannot be allocated to identifiable assets and liabilities are allocated to goodwill.Non-controlling interest is mea-sured based on the proportionate interest in the recognized amount of the identifiable net asset.Acquisition-related costs incurred are expensed and included in oper-ating expenses.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__33": { "value": "Government grantsGovernment grants are recognized when it is reasonably certain that the group will meet the conditions stipulated for the grants and that the grants will be received.Government grants related to con-struction of an asset is recognized as reduction of the acquisition cost. Grants related to R&D project that are expended are recognizes as a reduction of cost.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForGovernmentGrants", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__34-1": { "value": "Financial instrumentsA financial instrument is any con-tract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.Financial investments and liabili-ties are recognized in the Group\u2019s statement of financial position when The Group becomes a party to the contractual provisions of the instrument.The Group\u2019s financial instruments are grouped as:Financial assets: Other non-cur-rent receivables, trade receiv-ables, cash and bank deposits.Financial liabilites: Non-current lease liabilites, trade and other payables, and current lease liabilites.Financial investement measured at fair value though profit and loss: Financial investment.The carrying amount of the Group\u2019s financial investments and liabilities are presented in note 6,1 (Financial instruments), along with descrip-tions of the key risk areas and expo-sure for HydrogenPro.Measurement of financial instrumentsFinancial instruments are measured at amortised cost or fair value through profit or loss.Financial investments are measured at amortised cost if the objective is to hold and collect contractual cash flows and contractual cash flows consist solely of principal and in-terest on the principal amount out-standing. If both conditions are not met, the financial asset is measured at fair value through profit or loss.Measurements of financial investments at fair value through profit or loss is based on the fair value hierarchy:Level 1: Fair value is measured using quoted prices from active markets for identical assets and obligations. by using input based on other observable factors; either direct (price) or indirect (derived from prices) rather than noted prices (used in level 1) for the asset or obligation. using inputs that are not based on observable market data.Refer to note 3.4 for classification of financial investments in the fair value hierarchy.Liabilities are initially measured at fair value of the amount required to settle the associated obligation. Subsequently the financial liabilities are measured at amortized cost using the effective interest rate method.EquityFinancial instruments are classified as liabilities or equity in accordance with the underlying economic realities.Interest, dividend, gains and losses relating to a financial instrument classified as a liability will be pre-sented as an expense or income. Amounts distributed to holders of financial instruments that are classified as equity will be recorded directly in equity.Cost of equity transactionsTransaction costs directly related to an equity transaction are recognised directly in equity after deducting tax expenses.Translation differencesTranslation differences arise in connection with exchange-rate differences of consolidated foreign entities.Exchange-rate in monetary amounts (liabilities or receivables) which are in reality a part of a com-pany\u2019s net investment in a foreign entity are also included as transla-tion differences.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__24": { "value": "LeasesThe group recognises right-of-use assets and lease liabilities for all lease contracts, except leases that are considered short-term (lease term of 12 months or less), or for which underlying assets are of a low value when new.Right-of-use assetsThe group recognises right-of-use asset at the lease commencement date. The right-of-use assets are initially measured at cost, which comprises the initial amount of the lease liabilities adjusted for any lease payments made at or before the commencement date, adjusted for initial direct costs and lease incentives received. The right-of-use assets are subsequently depreciat-ed using the straight-line method over the shorter of the lease term or the useful life of the underlying asset. In addition, the right-of-use assets are reduced by any impair-ment charges and adjusted for certain remeasurements of the lease liabilities.Lease liabilitiesThe group recognises a lease liability at the lease commencement date. The lease liabilities are measured at the present value of future lease payments at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the group\u2019s incremental borrow-ing rate. HydrogenPro utilises the incremental borrowing rate as the discount rate for virtually all lease agreements. Lease payments includ-ed in the measurement of the lease liabilities comprise the following: Fixed lease payments, less any lease incentives received.Variable lease payments that depend on an index or a rate, initially measured using the in-dex or rate as at the commence-ment date.The lease liability is subsequent-ly measured by increasing the carrying amount to reflect interest on the lease liability, reducing the carrying amount to reflect the lease payments made and remeasuring the carrying amount to reflect any reassessment or lease modifica-tions, or to reflect adjustments in lease payments due to an adjust-ment in and index or rate.The Group presents its lease liabil-ities as separate line items in the consolidated statement of financial position.The Group does not act as a lessor. See note 12 for more information.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__25": { "value": "Share-based paymentsShare-based compensation benefits are provided to employees via the share option plan. Information re-lating to the options scheme is set out in note 2.4.The employee option plan is regard-ed as equity settled share-based payments. The fair value of options granted under the share option plan is recognised as an employee benefits expense or other oper-ating cost (if it is given to external consultants) with a corresponding increase in equity. The total amount to be expensed is determined by reference to the fair value of the options granted.The total expense is recognised over the vesting period, which is the period over which all of the specified vesting conditions are to be satisfied. At the end of each period, the entity revises its estimates of the number of options that are expected to vest based on the non-market vesting and service conditions. It recognises the impact of the revision to original esti-mates, if any, in profit or loss, with a corresponding adjustment to equity.For further information refer note 2.4 (Personnel expenses).Income taxThe tax expense in the consolidat-ed statement of comprehensive income consists of the tax payable and changes to deferred tax. De-ferred tax/tax assets are calculated on all differences between the book value and tax value of assets and liabilities, with the exception of: temporary differences linked to goodwill that are not tax deductibletemporary differences related to investments in subsidiaries, associates or joint ventures when the Group controls when the temporary differences are to be reversed and this is not expected to take place in the foreseeable future.Deferred tax assets are recognised when it is probable that the com-pany will have sufficient profit in the future to utilise the deferred tax asset. The companies recognise previously unrecognised deferred tax assets to the extent it has be-come probable that the company can utilise the deferred tax asset. Similarly, the company will reduce a deferred tax asset to the extent that the company no longer regards it as probable that it can utilise the deferred tax asset.Deferred tax and deferred tax assets are measured on the basis of the expected future tax rates applicable to the companies in the Group where temporary differences have arisen.Deferred tax and deferred tax assets are recognised at their nominal value and classified as non-current assets and/or current liabilities in the consolidated statement of financial position.Taxes payable and deferred taxes are recognised directly in equity to the extent that they relate to equity transactions.Deferred tax liabilities and assets are offset if able right to set off current tax liabilities and assets; and assets relate to income taxes levied by the same authority on either the same taxable entity, or on difference taxable entities,but these entities intend to settle current tax liabilities and assets on a net basis, or their tax assets and liabilities will be realised simultaneously.See note 2.8 for tax.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__26": { "value": "Income taxThe tax expense in the consolidat-ed statement of comprehensive income consists of the tax payable and changes to deferred tax. De-ferred tax/tax assets are calculated on all differences between the book value and tax value of assets and liabilities, with the exception of: temporary differences linked to goodwill that are not tax deductibletemporary differences related to investments in subsidiaries, associates or joint ventures when the Group controls when the temporary differences are to be reversed and this is not expected to take place in the foreseeable future.Deferred tax assets are recognised when it is probable that the com-pany will have sufficient profit in the future to utilise the deferred tax asset. The companies recognise previously unrecognised deferred tax assets to the extent it has be-come probable that the company can utilise the deferred tax asset. Similarly, the company will reduce a deferred tax asset to the extent that the company no longer regards it as probable that it can utilise the deferred tax asset.Deferred tax and deferred tax assets are measured on the basis of the expected future tax rates applicable to the companies in the Group where temporary differences have arisen.Deferred tax and deferred tax assets are recognised at their nominal value and classified as non-current assets and/or current liabilities in the consolidated statement of financial position.Taxes payable and deferred taxes are recognised directly in equity to the extent that they relate to equity transactions.Deferred tax liabilities and assets are offset if able right to set off current tax liabilities and assets; and assets relate to income taxes levied by the same authority on either the same taxable entity, or on difference taxable entities,but these entities intend to settle current tax liabilities and assets on a net basis, or their tax assets and liabilities will be realised simultaneously.See note 2.8 for tax.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__41": { "value": "Earnings per shareEarnings per share are calculated by dividing the profit/loss for the year by the corresponding weighted average of the number of outstand-ing shares during the reporting period. \u2018Diluted earnings per share\u2019 is based on the same calculation as for earnings per share, but it also considers all potential shares with dilutive effect that have been outstanding during the period. Po-tential shares relate to agreements that confer the right to issue shares in future. Options are excluded if their effect would have been anti-dilutive.Earnings per share is calculated as profit/ (loss) attributable to the equity holders of the parent company divided by the average number of shares outstanding.See note 6.4 for more details about earnings per share.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__43": { "value": "Going concernThe consolidated financial state-ment is presented on the going con-cern assumption under Internation-al Financial Reporting Standards. As per the date of this report the group has sufficient working capital for its planned business activities over the next twelve-month period.", "dimensions": { "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__42": { "value": "Going concernThe consolidated financial state-ment is presented on the going con-cern assumption under Internation-al Financial Reporting Standards. As per the date of this report the group has sufficient working capital for its planned business activities over the next twelve-month period.", "dimensions": { "concept": "ifrs-full:DisclosureOfGoingConcernExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__35": { "value": "Measurement of financial instrumentsFinancial instruments are measured at amortised cost or fair value through profit or loss.Financial investments are measured at amortised cost if the objective is to hold and collect contractual cash flows and contractual cash flows consist solely of principal and in-terest on the principal amount out-standing. If both conditions are not met, the financial asset is measured at fair value through profit or loss.Measurements of financial investments at fair value through profit or loss is based on the fair value hierarchy:Level 1: Fair value is measured using quoted prices from active markets for identical assets and obligations. by using input based on other observable factors; either direct (price) or indirect (derived from prices) rather than noted prices (used in level 1) for the asset or obligation. using inputs that are not based on observable market data.Refer to note 3.4 for classification of financial investments in the fair value hierarchy.Liabilities are initially measured at fair value of the amount required to settle the associated obligation. Subsequently the financial liabilities are measured at amortized cost using the effective interest rate method.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__37": { "value": "Cash and bank depositsCash includes cash in hand and at bank. Cash equivalents are short-term liquid investments that can be immediately converted into a known amount of cash and have a maximum term to maturity of three months.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__39": { "value": "InventoriesThe group have recognised inven-tory in 2023. These are measured and valued at the lower of cost or net realisable value. Net realisable value is the estimated future sales price of the product the group ex-pects to realise when the product is processed and sold, less estimated costs to complete production and bring the product to sale.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__40": { "value": "ProvisionsThe group recognizes a provision when a legal or constructive obliga-tion exists as a result of past events, it is more likely than not that a transfer of financial resources will be required to settle the obligation, and the amount of the obligation can be reliably estimated. When the group expects some or all of a provision to be reimbursed, for example, under an insurance contract, the reimbursement is recognised as a separate asset, but only when the reimbursement is virtually certain. When the effect is significant, provisions are calculat-ed by discounting expected cash flows at a pre-tax rate that reflects the time value of money and if appropriate the risks specific to the liability. Increase in provisions as a result of time passing, is presented as interest expense.Onerous contractsAn onerous contract is a contract in which the unavoidable costs (i.e. the lower of the cost of fulfilling the contract and any compensation or penalties arising from failure to ful-fil it) exceed the economic benefits expected to be received under the contract. For all contracts that are onerous, the present obligation un-der the contract is recognised and measured as a provision.Social security share optionsSocial security stock options are the provision for social security payable in Norway, calculated at the intrin-sic value at year end. The provision fluctuates with the number of active options, timing of exercise and the share price. See note 18 for further information on share option program.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__44": { "value": "NOTE 2.1 OPERATIONAL SEGMENTSOperating segments are identified on the basis of internal reports that the entity\u2019s Chief Operating Decision Maker (CODM) regularly reviews in allocating resources to segment and in assessing their performance. The CODM is defined as the executive management group.For HydrogenPro Group the business is treated as one single operating segment. This is consistent with internal reporting provided to the CODM.Intangible assets, Property, plant and equipement and right of use assets by geography Intangible assets Property, plant and equipment Right of use assetsNOK \u2019000Norway 7 046 3 900 914Europe 28 952 19 533 2 124Asia Pacific 21 934 44 724 17 417Carrying amount at 31.12.2023 57 932 68 157 20 455Intangible assets Property, plant and equipment Right of use assetsNOK \u2019000Norway 9 393 5 708 1 423Europe 33 087 18 673 980Asia Pacific 21 935 31 156 15 222Carrying amount at 31.12.2022 64 415 55 537 17 625", "dimensions": { "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__45": { "value": "NOTE 2.2 REVENUE FROM CONTRACTS WITH CUSTOMERSThe Group recognise revenue according to IFRS 15 and applies judgement that significantly affect the determina-tion of timing and amounts of revenue from contracts with customer. The assessements are decisive for weather a contract will be recognized as income on time or over time. See note 1.4 General accounting polices for more details. The Group\u2019s revenue from contracts with customers are recognized from two principal sources: sale of electrolyser systems, and sale of engineering services. The sale of engineering services is either in combination with sale of electrolyser systems or as a separate service as in FEED studiesContracts with clauses on Liquidation Damages are assessed on an ongoing basis. Where it is assessed as likely that Liquidation Damages will occur, the calculated effect is accounted for as a reduction in income.For more details, see note 1.4 General accounting policies. Primary geographical marketsNOK \u2019000 2023 2022Norway 3 280 4885Europe 7295 -13America 538 499 41 370Asia Pacific 19 159 10 172Total 568 233 56 414Timing of revenue recognitionNOK \u2019000 2023 2022Revenue recognised over time 565 081 56 051Revenue recognised at point in time 3 152 363Total revenue 568 233 56 414Major products/service linesNOK \u2019000 2023 2022Revenue from sale of electrolyser system 557 040 51 521Revenue form sale of Feed and case-studies 11 193 4 893Total revenue 568 233 56 414Major customerThe Group\u2019s major customer are Mitsubishi Power America Inc with 95 percent of revenue in the year 2023. Corresponding figures for 2022 where 75 percent.Advance Payment BondsIn its contractual agreements with customers HydrogenPro is required to provide certain guarantees or bonds to customers in order to fulfil contractual milestones. HydrogenPro has during the course of 2023 issued an irrevocable and unconditional advance payment bond in relation to one of its contracts of NOK 42.2 million. The guarantee is issued under a bond facility provided by Atradius. As per 31 December 2023 no drawing has been made against the bond. Order backlogThe performance obligation in contracts with customers vary from a few months to up to ten years regarding the maintenance contract.NOK \u2019000 2023 2022Partly unsatisfied performance obligations as of 31.12. 422 697 746 965", "dimensions": { "concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__49-1": { "value": "Options to leading employees and Board of DirectorsQuantity Granted in Terminated Exercised in Quantity Cost for the Name01.01.23periodin periodperiod31.12.23periodTM Holding (Terje Mikalsen) 163 005 0 0 0 163 005 78 094Jarle Dragvik 0 400 000 0 0 400 000 353 945Elling Nygaard 206 250 0 0 0 206 250 0Erik Christian Bolstad 100 000 0 0 0 100 000 102 684Karoline Aafos 57 396 0 0 -21 875 35 521 9 255Martin Thanem Holtet 150 000 0 0 0 150 000 307 264Cathrin Bretzeg 0 50 000 0 0 50 000 265 323Tormod Kl\u00f8ve 50 000 0 0 0 50 000 868 686 Sindre Utne 68 750 0 0 0 68 750 0Tarjei Johansen 400 000 0 -400 000 0 0 -233 702Ellen Hanetho 1) 2 143 170 0 -101 148 0 2 042 022 1 256 5411. 1490 000 of Ellen Hanetho\u2019s options hare held by Opulentia Invest AS which is owned 100% by Ellen Hanetho.Quantity Granted in Terminated Cancelled in Quantity Cost for the Name01.01.22periodin periodperiod31.12.22periodEllen Hanetho 1) 2 143 170 0 0 0 2 143 170 2 226 975Elling Nygaard 450 000 0 -243 750 0 206 250 671 023Enern Invest AS (M\u00e5rten Lunde) 1 500 000 0 -178 755 0 1 321 245 905 882Erik Christian Bolstad 100 000 0 0 0 100 000 333 121Karoline Aafos 100 000 0 -42 604 0 57 396 -176 924Martin Thanem Holtet 150 000 150 000 0 -150 000 150 000 2 046 804Sindre Utne 150 000 0 -81 250 0 68 750 -525 354Tarjei Johansen 0 400 000 0 0 400 000 233 702TM Holding (Terje Mikalsen) 163 005 0 0 0 163 005 0Tormod Kl\u00f8ve 0 50 000 0 0 50 000 0NOTE 7.1 REMUNERATION AND BOARD MANAGEMENTExecutive management remuneration2023NOK \u2019000 Salary and Bonus Benefits Pension Total Number Ownership invoiced feesin kindexpenseremunerationof sharesInterestJarle Dragvik (CEO) 1) 1 476 57 40 1 572 41 033 0.06%Tarjei Johansen (CEO) 2) 3 360 134 104 3 599 Elling Nygaard (CEO) 3) 1 265 1 265 10 0,00 %Richard Espeseth (CBDO) 4) 2 513 16 97 2 626 11 257 458 17.78%Martin Thanem Holtet (CFO) 1 832 468 16 95 2 411 1 500 0,00 %Erik Chr Bolstad (CCO) 1 549 363 16 97 2 025 Marc Jedamzik (CPO) 5) 154 7 161 Karoline Aafos (CPO) 6) 1 449 269 86 1 804 Sindre Utne (CPO) 7) 222 222 4 270 0,01 %Cathrin Bretzeg (CPCO) 8) 1 028 12 57 1 097 Tormod Kl\u00f8ve (CLO) 1 510 23 110 1 643 1. Dragvik started 08.08.2023 2. Johansen started 01.12.2022 and resignated 08.08.2023. He ended his empoyment 30.11.2023. 3. Nygaard resignated 21.6.2022 and ended employment 30.09.2022. He received severance pay included the month of June 2023.4. Espeseth served as CBDO from 01.12.2022 to 01.12.2023 5. Marc Jedamzik started as CPO 01.12.20236. Aafos started 15.08.2023, and ended employment 30.11.2023. Benefits in kind includes net gain of exercise 21.875 options with strike NOK 7/sale of shares NOK thousand 2497. Utne started 01.05.2021 and ended 30.04.2022. He received severance pay including the month of January 20238. Bretzeg started 01.06.2023 2022NOK \u2019000 Salary and Bonus Benefits Pension Total Number Ownership invoiced feesin kindexpenseremunerationof sharesInterestTarjei Johansen (CEO) 1) 250 1 8 259 Martin Thanem Holtet (CFO) 1 591 14 91 1 696 Richard Espeseth (CBDO) 2) 2 225 413 14 93 2 745 11 424 125 19.69%Erik Chr Bolstad (CCO) 1 331 75 14 93 1 513 Karoline Aafos (CPO) 3) 499 7 38 544 Tormod Kl\u00f8ve (CLO) 4) 211 1 12 224 M\u00e5rten Lunde (ex-CEO), 2 184 2 184 through Enern Invest AS 5)Elling Nygaard (ex-CEO) 6) 2 004 10 69 2 083 10 0.00%Sindre Utne (ex-COO) 7) 1 739 180 4 53 1 976 4 270 0.01%Tormod Kl\u00f8ve (CLO) 1 510 23 110 1 643 1. Johansen started his employment as CEO 1th of December 2022.2. Espeseth was Acting CEO in the period 21th of June 2022 - 30th of November 2022. In addition to shares held by Richard Es-peseth, 3.090.238 shares are held by his spouse. They are not included in the table above.3. Aafos started her employment as CPO 15th of August 2022.4. Kl\u00f8ve started his employment as CLO 14th of November 2022.5. Lunde ended his management for hire 31th December 2021. De had a 12 month termination period ended 31th of December 2022.6. Nygaard resigned his position 21th of June 2022, and his employment 30th of September 2022. He will receive severance pay up to and including June 2023.7. Utne ended his employment 30th April 2022. He will receive severance pay up to and including January 2023.Board of Directors remuneration2023NOK \u2019000 Consultant Board Audit Nomination Total Number of Ownership feesfeecommitteecommitteeremunerationsharesInterestTerje Mikaelsen (Chair) 1) 27 27 9 635 182 15.22%Ellen Hanetho (ex-Chair) 2) 28 953 108 1 089 Richard Espeseth (member) 11 257 458 17.78%Asta Stenhagen (member) Jarle Tautra (member) 248 400 36 684 1 000 0,00 %Jarle Dragvik (ex-member) 600 36 8 644 41 033 0.06%Donna Rennemo 286 286 (ex-member)Arild S. Frick 32 32 (Chair Nom Committee) Bj\u00f8rn G. Reed 27 27 (member Nom Committee) 1. Terje Mikalsen served on the board in the period 2014-2021. Re-elected 14.05.2023. Started as Chair 04.10.20232. Ellen Hanetho has been Chair of the board since 2019. Resigned the board 04.10.20232022NOK \u2019000 Consultant Board fee Total remuneration Number of Ownership feessharesInterestEllen Hanetho (Chair) 275 703 978 Jarle Tautra 1) 126 126 1 000 0.00%Jarle Dragvik 2) 126 126 7 700 0.01%Vivian Espeseth 3 173 571 5.47%Donna Rennemo Kermit Nash (ex-member) 213 213 Terje Mikalsen (ex-member) 227 227", "dimensions": { "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__51": { "value": "Total costs and Social Security ProvisionsNOK \u2018000 2023 2022Total cost 4 395 7 362Total Social Security provision -7 550 7 993", "dimensions": { "concept": "ifrs-full:DisclosureOfProvisionsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__46": { "value": "NOTE 2.3 COST OF GOODS SOLDNOK \u2019000 2023 2022Cost of goods sold 1) 441 896 43 221Cost of handling and freight 3 300 787Other cost of gods sold 2 246 364Total cost of gods sold 447 442 44 3721. Changes in inventories of finished goods and work in progress/Raw materials and consumables used.", "dimensions": { "concept": "ifrs-full:DisclosureOfCostOfSalesExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__47-1": { "value": "NOTE 2.4 PERSONNEL EXPENSES NOK \u2019000 2023 2022Salaries 59 672 47 051Social security tax 8 107 5 270Option cost 3 943 6 697Pension costs defined contribution plans 5 777 3 030Other personnel costs 7 706 719Total salaries and personnel expense 85 206 62 768Option cost related to hired personnel are expensed as other operating expenses. Average number of full time employees 2023 2022Norway 39.8 27.0Europe 10.5 3.5China 171.8 70.0Total 222.1 100.5Shareholder option plan The company has a share option programme covering certain employees in senior positions. At 2019, employees, board members and guarantors were included in the option programme. Granted options are generally vested or earned during a period of three years according to a predetermined schedule. Options vested and earned can be exercised and must be exercised at latest four years after grant. The vesting requires continued employment or association with the company.The purpose of the establishment of the options program is to attract and retain key personnel. The fair value and annual expense/costs of the options are calculated based on the BlackScholes model and expensed over the vest-ing period. The annual costs calculated for the option program for 2023 are based on the Black & Scholes formula with input factors as a risk-free interest rate, volatility factor and share price at grant date. The fair value of the individual options at grant date, are then distributed over the vesting schedule agreement.Social security tax provisions are accrued on a quarterly basis and becomes payable at exercise of the options. The so-cial security tax provisions are estimated based on the intrinsic value multiplied with the relevant social security tax rate.The total expense recognised for the share-based programs, excluding social security, during 2023 was NOK 4.4 (7.4 in 2022) million. The total social security accruals at the end of the year are NOK 0.6 million. The total accumu-lated cost expensed related to share-based payments are NOK 38.6 (34.2 in 2022) million as of 31 December 2023.Options to leading employees and Board of DirectorsQuantity Granted in Terminated Exercised in Quantity Cost for the Name01.01.23periodin periodperiod31.12.23periodTM Holding (Terje Mikalsen) 163 005 0 0 0 163 005 78 094Jarle Dragvik 0 400 000 0 0 400 000 353 945Elling Nygaard 206 250 0 0 0 206 250 0Erik Christian Bolstad 100 000 0 0 0 100 000 102 684Karoline Aafos 57 396 0 0 -21 875 35 521 9 255Martin Thanem Holtet 150 000 0 0 0 150 000 307 264Cathrin Bretzeg 0 50 000 0 0 50 000 265 323Tormod Kl\u00f8ve 50 000 0 0 0 50 000 868 686 Sindre Utne 68 750 0 0 0 68 750 0Tarjei Johansen 400 000 0 -400 000 0 0 -233 702Ellen Hanetho 1) 2 143 170 0 -101 148 0 2 042 022 1 256 5411. 1490 000 of Ellen Hanetho\u2019s options hare held by Opulentia Invest AS which is owned 100% by Ellen Hanetho.Quantity Granted in Terminated Cancelled in Quantity Cost for the Name01.01.22periodin periodperiod31.12.22periodEllen Hanetho 1) 2 143 170 0 0 0 2 143 170 2 226 975Elling Nygaard 450 000 0 -243 750 0 206 250 671 023Enern Invest AS (M\u00e5rten Lunde) 1 500 000 0 -178 755 0 1 321 245 905 882Erik Christian Bolstad 100 000 0 0 0 100 000 333 121Karoline Aafos 100 000 0 -42 604 0 57 396 -176 924Martin Thanem Holtet 150 000 150 000 0 -150 000 150 000 2 046 804Sindre Utne 150 000 0 -81 250 0 68 750 -525 354Tarjei Johansen 0 400 000 0 0 400 000 233 702TM Holding (Terje Mikalsen) 163 005 0 0 0 163 005 0Tormod Kl\u00f8ve 0 50 000 0 0 50 000 0Total costs and Social Security ProvisionsNOK \u2018000 2023 2022Total cost 4 395 7 362Total Social Security provision -7 550 7 993Granted instruments 20232023 2022Instrument Option OptionQuantity 31.12.2023 (instruments) 486 000 550 000Quantity 31.12.2023 (shares) and Board of Directors 486 000 550 000Contractual life * 5.65 5.11Strike price * 21.38 31.30Share price * 22.24 31.01Expected lifetime * 3.72 3.57Volatility * 61.01% 63.24%Interest rate * 4.01% 2.96%Dividend * 0.00 0.00FV per instrument * 9.68 14.96* Weighted average parameters at grant of instrumentQuantity and weighted average prices 01.01.2023 - 31.12.2023 01.01.2022 - 31.12.2022Number of Weighted aver. Number of Weighted aver. instrumentsstrike priceinstrumentsstrike priceActivityOutstanding OB (01.01.2023) 5 402 811 14.41 5 463 591 13 91Granted 486 000 21.38 550 000 31 30Exercised 271 875 7.00 0.00 0.00Released 0 0.00 0 0.00Adjusted 0 0.00 0 0.00Performance Adjusted 0 0.00 0 0.00Cancelled -13 456 26.15 -150 000 42.35Terminated -517 843 32.12 -565 746 20.97Expired 0 0.00 0 0.00Outstanding CB (31.12.2023) 5 085 637 13.64 5 297 845 14.15Vested CB 4 506 570 12.69 4 424 701 11.38Outstanding Instruments Overview2023 Outstanding Instruments Vested InstrumentsNumber of Weighted Average remaining Weighted Average Vested instruments Weighted Average Strike priceinstrumentscontractual lifeStrike Price31.12.2023Strike Price7.00 2 961 383 1.16 7.00 2 961 383 7.00 16.80 206 250 1.84 16.80 206 250 16.80 17.00 36 000 3.17 17.00 9 000 17.00 17.16 50 000 2.17 17.16 34 377 17.16 17.24 251 745 1.80 17.24 251 745 17.24 17.66 159 584 1.75 17.66 129 376 17.66 18.20 50 000 2.87 18.20 26 042 18.20 18.78 150 000 1.17 18.78 131 250 18.78 20.65 100 000 1.67 20.65 81 252 20.65 20.95 400 000 5.60 20.95 0 026.15 526 925 1.38 26.15 526 925 26.15 28.00 50 000 3.50 28.00 8 334 28.00 32.45 68 750 1.34 32.45 68 750 32.45 66.00 75 000 1.09 66.00 71 886 66.00 5 085 637 4 506 570 2022 Outstanding Instruments Vested InstrumentsNumber of Weighted Average remaining Weighted Average Vested instruments Weighted Average Strike priceinstrumentscontractual lifeStrike Price31.12.2022Strike Price7.00 3 284 409 1.25 7.00 3 283 703 7.0016.80 206 250 2.84 16.80 206 250 16.8017.24 337 170 2.8 17.24 182 635 17.2417.66 170 000 2.75 17.66 92 084 17.6618.78 150 000 2.17 18.78 50 001 18.7820.65 100 000 2.67 20.65 56 252 20.6526.15 506 266 2.38 26.15 431 896 26.1532.45 68 750 2.34 32.45 68 750 32.4536.00 400 000 5.92 36.00 0 0.0066.00 75 000 2.09 66.00 53 130 66.00 5 297 845 4 424 701NOTE 2.5 PENSIONSDefined contribution planThe Group\u2019s companies in Norway have defined contribution plans in accordance with Pension Act of Norway. The contribution plan covers all employees and amounts between 0 G and 12 G of the salary. The percent of the salary is 7%.The employees may influence the investment management though an agreement with Gjensidige AS. The contri-bution is expended when its accrued. Prepaid contributions are recognised as an asset to the extent that a cash refund or a reduction in the future payment is available. The parent company have pension plans that meets the requirements in Norway. The foreign subsidiaries have pension plans that meet the requirements in their respec-tive countries.NOK \u2018000 2023 2022Employees covered by the scheme 223 36Contribution recognised as expense 5 777 3 030Contribution to CEO 144 69", "dimensions": { "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__48-1": { "value": "Shareholder option plan The company has a share option programme covering certain employees in senior positions. At 2019, employees, board members and guarantors were included in the option programme. Granted options are generally vested or earned during a period of three years according to a predetermined schedule. Options vested and earned can be exercised and must be exercised at latest four years after grant. The vesting requires continued employment or association with the company.The purpose of the establishment of the options program is to attract and retain key personnel. The fair value and annual expense/costs of the options are calculated based on the BlackScholes model and expensed over the vest-ing period. The annual costs calculated for the option program for 2023 are based on the Black & Scholes formula with input factors as a risk-free interest rate, volatility factor and share price at grant date. The fair value of the individual options at grant date, are then distributed over the vesting schedule agreement.Social security tax provisions are accrued on a quarterly basis and becomes payable at exercise of the options. The so-cial security tax provisions are estimated based on the intrinsic value multiplied with the relevant social security tax rate.The total expense recognised for the share-based programs, excluding social security, during 2023 was NOK 4.4 (7.4 in 2022) million. The total social security accruals at the end of the year are NOK 0.6 million. The total accumu-lated cost expensed related to share-based payments are NOK 38.6 (34.2 in 2022) million as of 31 December 2023.Options to leading employees and Board of DirectorsQuantity Granted in Terminated Exercised in Quantity Cost for the Name01.01.23periodin periodperiod31.12.23periodTM Holding (Terje Mikalsen) 163 005 0 0 0 163 005 78 094Jarle Dragvik 0 400 000 0 0 400 000 353 945Elling Nygaard 206 250 0 0 0 206 250 0Erik Christian Bolstad 100 000 0 0 0 100 000 102 684Karoline Aafos 57 396 0 0 -21 875 35 521 9 255Martin Thanem Holtet 150 000 0 0 0 150 000 307 264Cathrin Bretzeg 0 50 000 0 0 50 000 265 323Tormod Kl\u00f8ve 50 000 0 0 0 50 000 868 686 Sindre Utne 68 750 0 0 0 68 750 0Tarjei Johansen 400 000 0 -400 000 0 0 -233 702Ellen Hanetho 1) 2 143 170 0 -101 148 0 2 042 022 1 256 5411. 1490 000 of Ellen Hanetho\u2019s options hare held by Opulentia Invest AS which is owned 100% by Ellen Hanetho.Quantity Granted in Terminated Cancelled in Quantity Cost for the Name01.01.22periodin periodperiod31.12.22periodEllen Hanetho 1) 2 143 170 0 0 0 2 143 170 2 226 975Elling Nygaard 450 000 0 -243 750 0 206 250 671 023Enern Invest AS (M\u00e5rten Lunde) 1 500 000 0 -178 755 0 1 321 245 905 882Erik Christian Bolstad 100 000 0 0 0 100 000 333 121Karoline Aafos 100 000 0 -42 604 0 57 396 -176 924Martin Thanem Holtet 150 000 150 000 0 -150 000 150 000 2 046 804Sindre Utne 150 000 0 -81 250 0 68 750 -525 354Tarjei Johansen 0 400 000 0 0 400 000 233 702TM Holding (Terje Mikalsen) 163 005 0 0 0 163 005 0Tormod Kl\u00f8ve 0 50 000 0 0 50 000 0Total costs and Social Security ProvisionsNOK \u2018000 2023 2022Total cost 4 395 7 362Total Social Security provision -7 550 7 993Granted instruments 20232023 2022Instrument Option OptionQuantity 31.12.2023 (instruments) 486 000 550 000Quantity 31.12.2023 (shares) and Board of Directors 486 000 550 000Contractual life * 5.65 5.11Strike price * 21.38 31.30Share price * 22.24 31.01Expected lifetime * 3.72 3.57Volatility * 61.01% 63.24%Interest rate * 4.01% 2.96%Dividend * 0.00 0.00FV per instrument * 9.68 14.96* Weighted average parameters at grant of instrumentQuantity and weighted average prices 01.01.2023 - 31.12.2023 01.01.2022 - 31.12.2022Number of Weighted aver. Number of Weighted aver. instrumentsstrike priceinstrumentsstrike priceActivityOutstanding OB (01.01.2023) 5 402 811 14.41 5 463 591 13 91Granted 486 000 21.38 550 000 31 30Exercised 271 875 7.00 0.00 0.00Released 0 0.00 0 0.00Adjusted 0 0.00 0 0.00Performance Adjusted 0 0.00 0 0.00Cancelled -13 456 26.15 -150 000 42.35Terminated -517 843 32.12 -565 746 20.97Expired 0 0.00 0 0.00Outstanding CB (31.12.2023) 5 085 637 13.64 5 297 845 14.15Vested CB 4 506 570 12.69 4 424 701 11.38Outstanding Instruments Overview2023 Outstanding Instruments Vested InstrumentsNumber of Weighted Average remaining Weighted Average Vested instruments Weighted Average Strike priceinstrumentscontractual lifeStrike Price31.12.2023Strike Price7.00 2 961 383 1.16 7.00 2 961 383 7.00 16.80 206 250 1.84 16.80 206 250 16.80 17.00 36 000 3.17 17.00 9 000 17.00 17.16 50 000 2.17 17.16 34 377 17.16 17.24 251 745 1.80 17.24 251 745 17.24 17.66 159 584 1.75 17.66 129 376 17.66 18.20 50 000 2.87 18.20 26 042 18.20 18.78 150 000 1.17 18.78 131 250 18.78 20.65 100 000 1.67 20.65 81 252 20.65 20.95 400 000 5.60 20.95 0 026.15 526 925 1.38 26.15 526 925 26.15 28.00 50 000 3.50 28.00 8 334 28.00 32.45 68 750 1.34 32.45 68 750 32.45 66.00 75 000 1.09 66.00 71 886 66.00 5 085 637 4 506 570 2022 Outstanding Instruments Vested InstrumentsNumber of Weighted Average remaining Weighted Average Vested instruments Weighted Average Strike priceinstrumentscontractual lifeStrike Price31.12.2022Strike Price7.00 3 284 409 1.25 7.00 3 283 703 7.0016.80 206 250 2.84 16.80 206 250 16.8017.24 337 170 2.8 17.24 182 635 17.2417.66 170 000 2.75 17.66 92 084 17.6618.78 150 000 2.17 18.78 50 001 18.7820.65 100 000 2.67 20.65 56 252 20.6526.15 506 266 2.38 26.15 431 896 26.1532.45 68 750 2.34 32.45 68 750 32.4536.00 400 000 5.92 36.00 0 0.0066.00 75 000 2.09 66.00 53 130 66.00 5 297 845 4 424 701", "dimensions": { "concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__58-1": { "value": "Fees to the group auditor NOK \u2019000 2023 2022Statutory audit 2 056 1 212Other assurance services 384 0Other non-assurance services 174 736Total 2 614 1 948Fees to other auditors elected by subsidiaries NOK \u2019000 2023 2022Statutory audit 328 81Other assurance services 0Other non-assurance services 22Tax consultant services 0Total 328 103", "dimensions": { "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__61": { "value": "NOTE 2.7 FINANCIAL INCOME AND EXPENSESNOK \u2019000 2023 Restated 2022Interest income 3 473 3 434Foreign exchange gain 29 279 14 420Other financial income 750 19Total financial income 33 502 17 874Interest on debt and borrowings 555 307Interest expense lease liabilities 544 368Foreign exchange losses 36 848 12 218Other financial expenses 200 199Total financial expenses 38 147 13 092", "dimensions": { "concept": "ifrs-full:DisclosureOfFinanceCostExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__60": { "value": "NOTE 2.7 FINANCIAL INCOME AND EXPENSESNOK \u2019000 2023 Restated 2022Interest income 3 473 3 434Foreign exchange gain 29 279 14 420Other financial income 750 19Total financial income 33 502 17 874Interest on debt and borrowings 555 307Interest expense lease liabilities 544 368Foreign exchange losses 36 848 12 218Other financial expenses 200 199Total financial expenses 38 147 13 092", "dimensions": { "concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__57": { "value": "NOTE 2.6 OTHER OPERATING EXPENSESNOK \u2019000 2023 2022Advertising and direct sale cost 1 582 1 087Repair and maintenance costs 4 558 1530Rental costs 7 559 1 660Travel costs 5 417 2 194Consultancy fees and external personnel 31 243 36 528Provision bad debts 0 1 194Warranties 16 292 0Other operating costs 4 946 10 333Total operating expenses 71 597 54 526Fees to the group auditor NOK \u2019000 2023 2022Statutory audit 2 056 1 212Other assurance services 384 0Other non-assurance services 174 736Total 2 614 1 948Fees to other auditors elected by subsidiaries NOK \u2019000 2023 2022Statutory audit 328 81Other assurance services 0Other non-assurance services 22Tax consultant services 0Total 328 103", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__62": { "value": "NOTE 2.8 INCOME TAX Income tax expense for the yearNOK \u2019000 2023 Restated 2022Income tax payable 0 0Changes in deferred tax 0 -80Total income tax expense 0 -80Basis for income tax expenseNOK \u2019000 2023 Restated 2022Loss before taxes -62 937 -114 460Non-deductible expenses 4 728 7 428Transactions cost related to issue of shares -5 040 0Currency translation and other differences -4 162 636Changes in temporary differences -52 605 1 061Basis for tax payable -120 015 -105 335Reconciliation of tax expense to Norwegian nominal statutory tax rateNOK \u2019000 2023 Restated 2022Profit / loss (-) before taxes -62 937 -114 460Income tax benefit (expense) at the Company\u2019s domestic tax rate (22%) -13 846 -25 181Tax effect of:Non-deductible expenses 1 040 14Items booked in equity -1 109 0Foreign tax rate and currency translation differences -1 825 990Change in not recognised deferred tax assets 15 740 24 097Tax expense 0 -80Effective tax rate 0.00% 0.07%Overview temporary differencesNOK \u2019000 2023 Restated 2022 ChangeIntangible assets 28 951 33 087 4 136Property, Plant and Equipment 9 703 11 590 1 887Right of use assets 20 455 24 547 4 093Other receivables 0 8 791 8 791Financial investments 5 322 2 379 -2 944Production contracts 94 087 1 504 -92 582Lease liability -20 361 -23 445 -3 084Provisions -33 663 -6 564 27 098Tax loss carry forwards -350 577 -230 562 120 015Total -246 083 -178 673 67 410NOK \u2019000 2023 Restated 2022 ChangeTemporary differences not recognised as deferred tax assets/liabilities 28 951 33 087 \u00a84136Deferred tax assets 47 769 32 029 -15 740Deferred tax not recognised in the Statement of financial position 47 769 32 029 -15 740Deferred tax in the Statement of financial position 0 0 0The majority of the deferred tax asset is related to loss carry forward. As of 31 December 2023, it is considered not likely that the tax loss carry forward will be utilised in the near future, therefore the deferred tax assets is not capitalised.Tax losses carry forward by countryNOK \u2019000 2023 Restated 2022Norway -308 651 -189 170Denmark -40 337 -23 859China -1 590 -17 533Balance as of 31.12 -350 577 -230 562At the end of 2023, HydrogenPro had tax loss carry forwards of NOK 364 million. Of the total, NOK 362 million is without expiration. The tax carry forwards with an expiry date expire after 2027. The Group operates in countries which has enacted the new legislation to implement the global minimum top-up tax. The Group has assessed the potential exposure to the new legislation and does not expect a material impact.The Group has applied a temporary mandatory relief for from the deferred tax accounting for the impact of the top-up tax, under which a company does not recognise or disclose information about deferred tax assets and liabilities related to the global minimum top-up tax.", "dimensions": { "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__63": { "value": "NOTE 3.1 INTANGIBLE ASSETSNOK \u2019000 Technology Patents and licences Goodwill 2023 TotalAccumulated cost 01.01.2023 41 366 11 741 21 935 75 042Acquisition of subsidiary 0 0 0 0Accumulated cost 31.12.2023 41 366 11 741 21 935 75 042Accumulated depreciation 01.01.2022 8 279 2 348 0 10 627Depreciation for the year 4 135 2 348 0 6 483Exchange differences 0 0 0 0Carrying amount at 31.12.2023 28 952 7 045 21 935 57 932Expected useful life 10 years 5 years Depreciation method Linear Linear NOK \u2019000 Technology Patents and licences Goodwill 2022 TotalAccumulated cost 01.01.2022 41 366 11 741 0 53 107Acquisition of subsidiary 21 935 21 935Accumulated cost 31.12.2022 41 366 11 741 21 935 75 042Accumulated depreciation 01.01.2022 4 137 0 0 4 137Depreciation for the year 4 136 2 348 0 6 484Exchange differences 6 0 0 6Carrying amount at 31.12.2022 33 087 9 393 21 935 64 415Expected useful life 10 years 5 years Depreciation method Linear Linear GoodwillFor the purposes of impairment testing, goodwill has been allocated to the following cash generating units (\u201cCGUs\u201d).NOK \u2019000 2023 2022HydrogenPro Tianjin CO Ltd 21 935 21 935Total 21 935 21 935The groups of CGUs that include goodwill are tested for impairment annually or when impairment triggers have been identified. CGUs are tested using the value-in-use approach determined by discounting expected future cash flows. Impairment losses are recognized for assets in CGUs where the recoverable amount is lower than book value.The discounted cash flow analysis is based on management\u2019s forecast for the period 2024 to 2027. The forecasted cash flows are based on signed contracts and identified prospects in addition to other expected revenue. Manage-ment has defined the EBITDA margin, discount rate and revenue growth as the most sensitive assessment in the value-in-use calculation.Estimated future cash flows are discounted to their present value. The discount rate is derived using capital asset pricing model. The asset beta is based on industry data, and the risk-free rate is based on a Chinese 10-year gov-ernment bond.The discount rate is not adjusted for lease liabilities. An effective tax rate of 25% is applied in the discounted cash flow calculation.When estimating the revenue growth and EBITDA margins, management has utilized forecasts based on existing contracts, expected future income related to qualified pipeline and current production capacity.Several sensitivity analyses have been performed on the key assumptions in the value-in-use calculation. This sen-sitivity analysis of goodwill includes changing various assumptions to consider other potential alternative market conditions. This includes analysing the impact on the value-in-use calculation when changing the EBITDA margin, discount rate and revenue growth. The recoverable amounts exceeded book values for all scenarios in the sensitiv-ity analysis.The discounted rate (WACC) used in the impairment testing of goodwill is shown below.2023 2022HydrogenPro Tianjin CO Ltd 19.4 % 21.8 %HydrogenPro Tianjin CO Ltd. Is assumed to achieve a steady state in 2027 with a long-term growth rate of 2.0%.HydrogenPro has performed an annual impairment test in December 2023. The recoverable amounts exceed book values for the CGU in the goodwill impairment testing and as such no impairment losses recognised in 2023.TechnologyThe Technology cost corresponds to the acquisition of the subsidiary Advance Surface Plating ApS (ASP) The useful lifetime is expected to be 10 years. The acquisition date was 22nd of December 2020, and depreciation was effec-tive from January 2021. The Group has assessed the carrying value of the development cost as of 31.12.2023 and consider it to be intact. The conclusion is based on:The technical feasibility to development the product for it to be sold, and the groups intention and ability to complete and sell the product.The production line was completed by the end of 2021.The Groups adequate resources available to complete the development. This includes both technical compe-tence and allocated research fund to complete large-scale testing.Calculations for expected earnings in Advanced Surface Plating ApS.Patent and licencesAs of 31.12.2023 the Group has capitalized NOK 11,7 relating to the FEED (front end and engineering study) to be used in the further development of 100 MW production plants. Useful lifetime is expected to be 5 years, and de-preciation was effective from January 2021.", "dimensions": { "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__65": { "value": "NOTE 3.3 RIGHT OF USE ASSETSThe Group as a lesseeAt inception of a contract, the Group assesses whether a contract is, or contains, a lease.A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract conveys the right to control the use of an identified asset, the Group uses the definition of a lease in IFRS 16.As a result of these assessments the Group has considered leasing for vehicles and the rental contract for office space as leasing according to IFRS 16.The leases do not contain any restrictions on the Group\u2019s dividend policy or financing. The Group does not have significant residual value guarantees related to its leases to disclose.NOK \u2019000 Buildings Vehicles 2023 TotalAccumulated cost 01.01.2023 21 071 334 21 405Additions 12 345 0 12 345Effect of modification to lease terms -2 554 0 -2 554Exchange differences 177 0 177Accumulated cost 31.12.2023 31 039 334 31 373Accumulated depreciation 01.01.2022 3 472 308 3 780Depreciation for the year 7 251 26 7 277Exchange differences -139 0 -139Carrying amount at 31.12.2023 20 455 0 20 455Expected useful life 2 -8 yearsDepreciation method LinearNOK \u2019000 Buildings Vehicles 2022 TotalAccumulated cost 01.01.2022 2 795 334 3 129Additions 18 276 0 18 276Accumulated cost 31.12.2022 21 071 334 21 405Accumulated depreciation 01.01.2022 0 154 154Depreciation for the year 3 472 154 3 626Carrying amount at 31.12.2022 17 599 26 17 625Expected useful life 2 years 2 yearsDepreciation method Linear LinearLease liabilitiesNOK \u2019000 2023 2022Balance as of 01.01. 16 456 2 975Additions 12 493 18 276Effect of modification to lease terms -2 525 0Lease payments -6 832 -5 175Accretions of interest 899 367Exchange differences -130 13Carrying amount at 31.12. 20 361 16 456Undiscounted lease liabilities and maturity of cash outflows Less than 1 year 8 933 5 1241-3 years 10 150 9 9154-5 years 1 278 1 417Total lease liabilities as of 31.12. 20 361 16 456Variable lease paymentsIn addition to the lease liabilities above, the Group is committed to pay variable lease payments for some of their leases. The variable lease payments are expensed as incurred.Short-term leases and leases of low value assetsThe Group has elected to apply the practical expedient of treating short-term leases and low value assets outside the scope of IFRS 16.", "dimensions": { "concept": "ifrs-full:DisclosureOfLeasesExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__64": { "value": "NOTE 3.2 PROPERTY, PLANT AND EQUIPMENT NOK \u2019000 Plant and Moveables Machinery and 2023 Totalmachineryplant in progressAccumulated cost 01.01.2023 55 503 4 686 597 60 786Additions 18 644 699 543 19 886From Machinery and plant in progress 636 0 -636 0Disposals -193 0 0 -193Exchange differences 1124 240 39 1 403Accumulated cost 31.12.2023 75 714 5 625 543 81 882Accumulated depreciation 01.01.2023 4 618 630 0 5 248Depreciation for the year 7 682 838 0 8 520Exchange differences -33 -10 0 -43Carrying amount at 31.12.2023 63 447 4 167 543 68 157Expected useful life 5 years 5-10 years Depreciation method Linear Linear NOK \u2019000 Plant and Moveables Machinery and 2022 Totalmachineryplant in progressAccumulated cost 01.01.2022 17 179 2774 4022 23 975Additions 11 852 1 829 876 14 557Skattefunn 4 301 0 -4 301 0Disposals 22 384 0 0 22 384Exchange differences -212 83 0 -129Accumulated cost 31.12.2022 55 503 4 686 597 60 786Accumulated depreciation 01.01.2022 1 171 167 0 1 337Depreciation for the year 3 393 456 0 3 849Exchange differences 55 8 0 62Carrying amount at 31.12.2022 50 885 4 055 597 55 537Expected useful life 5 years 5-10 years Depreciation method Linear Linear Technology centre Her\u00f8ya Machinery and machineryThe Technology centre at Her\u00f8ya comprises two containers located close to HQ of HydrogenPro in Porsgrunn. The containers are subject for 5 years straight line depreciation during 2023. Advanced Surface Plating LineAdditions in 2023 are equivalent to 0.8 MNOK in plant and machinery and 0.6 MNOK in movables. These are costs incurred to establish the production plant facility in Aarhus.HydrogenPro Tianjin CO LtdAdditions in 2023 are equivalent to 13.0 MNOK in plant and machinery and 0.6 MNOK in movables. These are costs incurred to establish the production plant facility in Tianjin.HydrogenPro Shanghai Co LtdAdditions in 2023 are equivalent to 4.7 MNOK in plant and machinery. These are cost for machines for use in the procuction of electrolysers. The machines are leased by HydrogenPro Tianjin CO Ltd.", "dimensions": { "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__66": { "value": "NOTE 3.4 OTHER NON-CURRENT RECEIVABLESNOK \u2019000 2023 Restated 2022Receivables from associated companies 4 257 4 308Other receivables 547 512Financial investment 30 517 29 572Carrying amount at 31.12 35 321 34 392Financial investmentNOK \u2019000 2023 Restated 2022Opening balance 1. January 29 572 26 458Translation effect 945 3 114Balance at 31 December 30 517 29 572In October 2021, the Company entered into a convertible promissory note purchase agreement with DG Fuels, LLC (\u201cDG Fuels\u201d) and purchased a convertible promissory note with a principal balance of $ 3.0 million/ NOK 30.5 million (the \u00abDG Fuels Note\u00bb).The maturity date of each DG Fuels Note is, the earlier of (i) thirty (30) days after a demand for payment is made by the holder of such Note at any time on or after January 1, 2025, (ii) January 1, 2027, (iii) five (5) days following a Financial Close or (iv) upon an event of Default determined at the discretion of a holder of a Note.\u201dThe DG Fuels Note has an annual interest rate of 10% and under certain conditions, can be converted into av vari-able number of equity instruments at a future date.The derivative financial instrument is recorded as non-current assets in the consolidated balance sheets. The initial cost has been considered the best estimate of the fair value at 31 December. See further information in note 8.1 - 1. about restating previous numbers.Level 3 has been defined as follows: At the end of 2023 the company has considered that the cost is the best estimate of the fair value.See Note 8.1 for further information regarding restating of comparable financial information.Refer to note 6.1 for reconciliation of the financial instruments.", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherNoncurrentAssetsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__67": { "value": "Level 3 has been defined as follows: At the end of 2023 the company has considered that the cost is the best estimate of the fair value.See Note 8.1 for further information regarding restating of comparable financial information.Refer to note 6.1 for reconciliation of the financial instruments.", "dimensions": { "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__70": { "value": "Identifiable assets acquired and liabilities assumedNOK \u2019000 2022AssetsProperty, plant and equipment 22 384Cash and cash equivalents 11 890Other current assets 18 073Total assets 52 347NOK \u2019000 2022LiabilitiesDeferred tax liability -1 055Other long-term liabilities -721Other short term liabilities -12 634Total liabilities -14 410Net identifiable assets (100%) 37 937The majority of the identified assets relates to production lines and machinery.", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherAssetsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__68": { "value": "NOTE 4.1 OVERVIEW OF GROUPOwnership Voting Ownership Voting interestpowerinterestpowerCompany Country of Main 2023 2023 2022 2022incorporationoperationsTechnology Advanced Surface Plating ApS Denmark100 % 100 % 100 % 100 %industriesTechnology HydrogenPro Tianjin CO Ltd China75 % 75 % 75 % 75 %industriesTechnology HydrogenPro Shanghai CO Ltd China100 % 100 % industriesTechnology Kvina Energy AS Norway50 % 50 % 50 % 50 %industriesTechnology HydrogenPro France France100 % 100 % 100 % 100 %industriesTechnology HydrogenPro Inc USA100 % 100 % 100 % 100 %industries", "dimensions": { "concept": "ifrs-full:DisclosureOfCompositionOfGroupExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__69": { "value": "NOTE 4.2 BUSINESS COMBINATIONOn the 9th of June 2022 HydrogenPro acquired 75% of the shares and voting rights of HydrogenPro Tianjin CO Ltd (\u201cTianjin\u201d). Tianjin has been consolidated by the company form the same date and the business combination is reflected in the consolidated financial position as from 30 June 2022.HydrogenPro Tianjin is a provider of electrolyser systems, headquartered in Tianjin, China. HydrogenPro Tianjin specializes in manufacturing and assembly of hydrogen systems, including steel system structures and high-pres-sure piping, and has its production facilities also in Tianjin, China. HydrogenPro Tianjin brings significant systems assembly capacity and know-how and complement the capabilities of the Group, improving control of the value chain and accelerating time to market.For the period between the date of acquisition and 31 December 2022, Tianjin contributed NOK 0 million to HydrogenPro\u2019s external revenues as all production was delivered to HydrogenPro and negative NOK 19.2 million to net loss.Consideration transferredThe cash consideration for the 75 percent stake in Tianjin was NOK 50.4 million.The table below summarizes the acquisition date fair value of each major class of consideration transferred.NOK \u2019000 2022Total consideration 50 389Consideration in cash 2022 32 454Consideration in cash 2021 17 935Net cash outflow 50 389Acquisition-related costsTransaction costs incurred by HydrogenPro related to the acquisition of Tianjin amounted to NOK 1.7 million. These costs have been reccognised as operating expenses and payroll expenses.Identifiable assets acquired and liabilities assumedNOK \u2019000 2022AssetsProperty, plant and equipment 22 384Cash and cash equivalents 11 890Other current assets 18 073Total assets 52 347NOK \u2019000 2022LiabilitiesDeferred tax liability -1 055Other long-term liabilities -721Other short term liabilities -12 634Total liabilities -14 410Net identifiable assets (100%) 37 937The majority of the identified assets relates to production lines and machinery.Measurement of fair valueThe fair value of all other assets and liabilities are assumed to equal book values.The trade receivables comprise gross contractual amounts due of NOK 18 million, of which nil was expected to be uncollectible at the date of acquisition.Fair value is measured on a provisional basis. The figures will be revised if new information is obtained within one year of the date of acquisition concerning facts and circumstances, or additional provisions, that existed on the date of acquisition.GoodwillNOK \u2019000 2022Consideration transferred 50 389Non-controlling interest 9 484Fair value of net identified assets (100%) 37 937Goodwill 21 935Goodwill amounting to NOK 22 million recognised from the acquisition is mainly related to the scalable platform for new production facilities based on experience from Tianjin.Non-controlling interest is measured based on the proportionate interest in the recognised amount of the identifi-able net assets of the acquire.None of the goodwill recognized is expected to be deductible for tax purposes.", "dimensions": { "concept": "ifrs-full:DisclosureOfBusinessCombinationsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__74": { "value": "NOTE 5.3 CONTRACT ASSETS AND CONTRACT LIABILITIESContract assets and contract liabilitiesNOK \u2019000 2023 2022Contract assets Balances as of 01.01 19 828 456Transfers from contract assets recognised at the beginning of the period to receivables -19 828 -456Increases due to measure of progress in the period 65 836 19 828Balances as of 31.12 65 836 19 828Contract assets relate to consideration for work completed, but not yet invoiced at the reporting date. The contract assets are transferred to trade receivables when the right to payment become unconditional, which usually occurs when invoices are issued to customers. Contract assets are reviewed for impairment on an ongoing basis. No im-pairment has been recognized on customer contract assets. Contract liabilities Balances as of 01.01 65 691 1 349Revenue from amounts included in contract liabilities at the beginning of the period -65 691 -1 258Billing and advances received not recognised as revenue in the period 49 641 65 601Balances as of 31.12 49 641 65 692Contract liabilities is primarily due to a prepayment from Andritz AG, that is to be recognized as revenue in 2024 depending on performance obligations.", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherCurrentLiabilitiesExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__71": { "value": "GoodwillNOK \u2019000 2022Consideration transferred 50 389Non-controlling interest 9 484Fair value of net identified assets (100%) 37 937Goodwill 21 935Goodwill amounting to NOK 22 million recognised from the acquisition is mainly related to the scalable platform for new production facilities based on experience from Tianjin.Non-controlling interest is measured based on the proportionate interest in the recognised amount of the identifi-able net assets of the acquire.None of the goodwill recognized is expected to be deductible for tax purposes.", "dimensions": { "concept": "ifrs-full:DisclosureOfGoodwillExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__72": { "value": "NOTE 5.1 INVENTORYNOK \u2019000 2023 2022Work in progress 2 861Raw material 14 554 32 901Balance as of 31.12 14 554 35 762Inventories comprises purchased raw materials and work in progress. Raw materials include parts that become an integrated part of final finished goods. Obsolescence is considered for inventories and as of 31.12.2023 where there is a write-down performed on obsolete goods with NOK 5.7 million (0.0 million in 2022). Inventories are mea-sured under the weighted-average cost formula.", "dimensions": { "concept": "ifrs-full:DisclosureOfInventoriesExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__73": { "value": "NOTE 5.2 TRADE AND OTHER RECEIVABLESTrade and other current receivablesNOK \u2019000 2023 2022Total trade receivables (Gross) 180 329 19 730Allowance for expected credit losses 1 145 1 145Balance as of 31.12 179 184 18 585Trade receivables are reviewed for impairment on an ongoing basis. The allowance for expected credit covers the amount that are assessed as uncertain.The allowance for expected credit losses covers the amounts that is more than 30 days past due, and that are assessed as uncertain.Other current receivables NOK \u2019000 2023 2022Pre-paid costs 5 211 1 906Pre-paid raw material 1 568 26 970Pre-paid tangible assets 45 7 926VAT net receivables 23 444 7 573Other current receivables 11 397 3 139Balance as of 31.12 41 665 47 514", "dimensions": { "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__75": { "value": "NOTE 5.4 TRADE CREDITORS AND OTHER CURRENT LIABILITIES NOK \u2019000 2023 2022Current lease liabilities 8 933 5 124Trade creditors 39 170 20 578Government taxes, tax deductions etc. 6 128 10 797Warranties 10 177 0Other liabilities 58 161 41 538Balance as of 31.12 122 569 78 037The provision for warranties is calculated on the basis of recognized revenue. Non-current warranties of NOK 6.8 million is included in non-current liabilites.Other liabilites consist of provision for the restated substantive right with (see note 8.1) 20.3 (19.7 in 2022) million, payroll and other personell-related cost with 18.7 (5.3 in 2022) million, and other liabilities of 19.2 (16.5 in 2022) million.", "dimensions": { "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__77": { "value": "NOTE 6.1 OVERVIEW OF FINANCIAL INSTRUMENTS AND RISK MANAGEMENTOverviewThrough its activities, the Group will be exposed to different types of financial risks: market risk, credit risk and liquidity risk. This note presents information related to the Group\u2019s exposure to such risks, the Group\u2019s objectives, policies and procedures for risk management and handling, as well as the Group\u2019s management of capital. Addi-tional quantitative information is included in these consolidated financial statements.The Group\u2019s overall risk management plan is to ensure the ongoing liquidity in the group, defined as to being able to meet its obligations at any time. The Group do not have any external bank borrowings, and therefore no cove-nants related to borrowings.Risk management of the group is maintained by the operational executives as CEO and CFO along with the Board. This includes tasks to identify, measure, mitigate and report on financial risks in close cooperation with the various operating units. Risk management policies and procedures are reviewed regularly to take into account changes in the market and the Group\u2019s activities.Capital managementThe Group\u2019s main goal is to maximize shareholder value while ensuring the Group\u2019s ability to continue operations. The Group has a target to maintain a capital structure that gives the Group an optimal capital binding given the current market situation. The Group makes the necessary changes to their capital structure based on an ongoing assessment of the business\u2019 financial situation and future prospects in the short and medium term.Financial instruments by category2023NOK \u2019000 Financial assets Financial Financial Investment Total carrying measured at liabilities measured at fair value throgh amount amortized cost measured at profit and loss (level 3)31.12.2023amortized cost Other non-current receivables 4 804 4 804Financial investment 30 517 30 517Trade receivables 179 184 179 184Cash and bank deposits 160 531 160 531Total financial assets 344 519 30 517 375 036Non-current lease liabilities 11 428 11 428Trade and other payables 39 170 39 170Current lease liabilities 8 933 8 933Total financial liabilities 59 531 59 5312022NOK \u2019000 Financial assets Financial Financial Investment Restated Total measured at liabilities measured at fair value throgh carrying amount amortized cost measured at profit and loss (level 3)31.12.2022amortized cost Other non-current receivables 4 820 4 820Financial investment 29 572 29 572Accounts receivables 18 585 18 585Cash and bank deposits 257 022 257 022Total financial assets 280 427 29 572 309 999Non-current lease liabilities 11 332 11 332Trade and other payables 20 578 20 578Current lease liabilities 5 124 5 124Total financial liabilities 37 034 37 034Maturity analysis for lease liability is included in note 3.3. Trade and other payables are due within one year. Financial investement measured at fair value through profit and loss, see note 3.4.See note 8.1 Restatement of comparable information.Financial risk managementThe Group is proactively working to identify risks and taking risk mitigating initiatives to the extent this is practica-ble and appropriate.Below follows a description of the Group\u2019s main types of risks;Credit riskCredit risk is the risk that one party to a financial instrument will cause a financial loss for the group by failing to settle its obligations.The group is exposed to credit risks in conducting its ordinary activities. The credit risk primarily relates to its trade receivables and its cash and cash equivalents. As our customer base mainly consist of large industrial Groups, the credit risk related to trade receivables are considered limited.The following table provides information about the exposure to credit risk for trade receivables from customers as of 31st of December:2023 2023 2022 2022NOK \u2019000 Gross carrying Provision Gross carrying Provision bad Amountbad debtAmountdebtCurrent (not past due) 46 481 9 101 01-30 days past due 118 526 9 484 031-60 days past due 1 98560-260 days past due 12 157More than one year past due 1 180 1 145 1 145 1 145Total 180 329 1 145 19 730 1 145The trade receivables are largely due from a counterparty with a strong financial position. Also, the Company does not consider the overdue receivables as uncertain.Liquidity riskLiquidity risk is the risk that the Group will encounter difficulty in meeting obligations associated with financial liabili-ties that are settled by delivering cash or another financial asset. The Group manages its liquidity with a high level of prudency, with rules and policies that ensure an adequate amount of cash and cash equivalents to meet the immediate needs of resources both in the short and long term. Liquidity forecasts are regularly monitored against the contractual maturities or lease liabilities. Financial liabilities are specified in note 5.4. All financial liabilities are due within one year.Market riskMarked risk is the risk that the fair value or future cash flow of a financial instrument will fluctuate because of changes in market prices. Market risks for the Group comprise of both foreign exchange risk and raw material risk. Foreign exchange riskThe Group\u2019s functional currency is NOK. The Group operates globally and is therefore exposed to currency fluctu-ations, mainly related to USD, EUR and CNY. The risk is further heightened by the long-running nature of customer contracts. The Company monitors the currency risk exposure closely but has not yet entered into financial instru-ments to hedge currency risk.Raw material riskFluctation in commodity prices of steel and nickel may impact the Group financially. The Group has not yet under-taken any hedging activity, but seeks to partly hedge price risk trough agreements whit suppliers or agents.", "dimensions": { "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__76": { "value": "NOTE 6.1 OVERVIEW OF FINANCIAL INSTRUMENTS AND RISK MANAGEMENTOverviewThrough its activities, the Group will be exposed to different types of financial risks: market risk, credit risk and liquidity risk. This note presents information related to the Group\u2019s exposure to such risks, the Group\u2019s objectives, policies and procedures for risk management and handling, as well as the Group\u2019s management of capital. Addi-tional quantitative information is included in these consolidated financial statements.The Group\u2019s overall risk management plan is to ensure the ongoing liquidity in the group, defined as to being able to meet its obligations at any time. The Group do not have any external bank borrowings, and therefore no cove-nants related to borrowings.Risk management of the group is maintained by the operational executives as CEO and CFO along with the Board. This includes tasks to identify, measure, mitigate and report on financial risks in close cooperation with the various operating units. Risk management policies and procedures are reviewed regularly to take into account changes in the market and the Group\u2019s activities.Capital managementThe Group\u2019s main goal is to maximize shareholder value while ensuring the Group\u2019s ability to continue operations. The Group has a target to maintain a capital structure that gives the Group an optimal capital binding given the current market situation. The Group makes the necessary changes to their capital structure based on an ongoing assessment of the business\u2019 financial situation and future prospects in the short and medium term.Financial instruments by category2023NOK \u2019000 Financial assets Financial Financial Investment Total carrying measured at liabilities measured at fair value throgh amount amortized cost measured at profit and loss (level 3)31.12.2023amortized cost Other non-current receivables 4 804 4 804Financial investment 30 517 30 517Trade receivables 179 184 179 184Cash and bank deposits 160 531 160 531Total financial assets 344 519 30 517 375 036Non-current lease liabilities 11 428 11 428Trade and other payables 39 170 39 170Current lease liabilities 8 933 8 933Total financial liabilities 59 531 59 5312022NOK \u2019000 Financial assets Financial Financial Investment Restated Total measured at liabilities measured at fair value throgh carrying amount amortized cost measured at profit and loss (level 3)31.12.2022amortized cost Other non-current receivables 4 820 4 820Financial investment 29 572 29 572Accounts receivables 18 585 18 585Cash and bank deposits 257 022 257 022Total financial assets 280 427 29 572 309 999Non-current lease liabilities 11 332 11 332Trade and other payables 20 578 20 578Current lease liabilities 5 124 5 124Total financial liabilities 37 034 37 034Maturity analysis for lease liability is included in note 3.3. Trade and other payables are due within one year. Financial investement measured at fair value through profit and loss, see note 3.4.See note 8.1 Restatement of comparable information.Financial risk managementThe Group is proactively working to identify risks and taking risk mitigating initiatives to the extent this is practica-ble and appropriate.Below follows a description of the Group\u2019s main types of risks;Credit riskCredit risk is the risk that one party to a financial instrument will cause a financial loss for the group by failing to settle its obligations.The group is exposed to credit risks in conducting its ordinary activities. The credit risk primarily relates to its trade receivables and its cash and cash equivalents. As our customer base mainly consist of large industrial Groups, the credit risk related to trade receivables are considered limited.The following table provides information about the exposure to credit risk for trade receivables from customers as of 31st of December:2023 2023 2022 2022NOK \u2019000 Gross carrying Provision Gross carrying Provision bad Amountbad debtAmountdebtCurrent (not past due) 46 481 9 101 01-30 days past due 118 526 9 484 031-60 days past due 1 98560-260 days past due 12 157More than one year past due 1 180 1 145 1 145 1 145Total 180 329 1 145 19 730 1 145The trade receivables are largely due from a counterparty with a strong financial position. Also, the Company does not consider the overdue receivables as uncertain.Liquidity riskLiquidity risk is the risk that the Group will encounter difficulty in meeting obligations associated with financial liabili-ties that are settled by delivering cash or another financial asset. The Group manages its liquidity with a high level of prudency, with rules and policies that ensure an adequate amount of cash and cash equivalents to meet the immediate needs of resources both in the short and long term. Liquidity forecasts are regularly monitored against the contractual maturities or lease liabilities. Financial liabilities are specified in note 5.4. All financial liabilities are due within one year.Market riskMarked risk is the risk that the fair value or future cash flow of a financial instrument will fluctuate because of changes in market prices. Market risks for the Group comprise of both foreign exchange risk and raw material risk. Foreign exchange riskThe Group\u2019s functional currency is NOK. The Group operates globally and is therefore exposed to currency fluctu-ations, mainly related to USD, EUR and CNY. The risk is further heightened by the long-running nature of customer contracts. The Company monitors the currency risk exposure closely but has not yet entered into financial instru-ments to hedge currency risk.Raw material riskFluctation in commodity prices of steel and nickel may impact the Group financially. The Group has not yet under-taken any hedging activity, but seeks to partly hedge price risk trough agreements whit suppliers or agents.", "dimensions": { "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__78": { "value": "Capital managementThe Group\u2019s main goal is to maximize shareholder value while ensuring the Group\u2019s ability to continue operations. The Group has a target to maintain a capital structure that gives the Group an optimal capital binding given the current market situation. The Group makes the necessary changes to their capital structure based on an ongoing assessment of the business\u2019 financial situation and future prospects in the short and medium term.Financial instruments by category2023NOK \u2019000 Financial assets Financial Financial Investment Total carrying measured at liabilities measured at fair value throgh amount amortized cost measured at profit and loss (level 3)31.12.2023amortized cost Other non-current receivables 4 804 4 804Financial investment 30 517 30 517Trade receivables 179 184 179 184Cash and bank deposits 160 531 160 531Total financial assets 344 519 30 517 375 036Non-current lease liabilities 11 428 11 428Trade and other payables 39 170 39 170Current lease liabilities 8 933 8 933Total financial liabilities 59 531 59 5312022NOK \u2019000 Financial assets Financial Financial Investment Restated Total measured at liabilities measured at fair value throgh carrying amount amortized cost measured at profit and loss (level 3)31.12.2022amortized cost Other non-current receivables 4 820 4 820Financial investment 29 572 29 572Accounts receivables 18 585 18 585Cash and bank deposits 257 022 257 022Total financial assets 280 427 29 572 309 999Non-current lease liabilities 11 332 11 332Trade and other payables 20 578 20 578Current lease liabilities 5 124 5 124Total financial liabilities 37 034 37 034Maturity analysis for lease liability is included in note 3.3. Trade and other payables are due within one year. Financial investement measured at fair value through profit and loss, see note 3.4.See note 8.1 Restatement of comparable information.", "dimensions": { "concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__83": { "value": "NOTE 6.2 CASH AND CASH EQUIVALENTSNOK \u2019000 2023 2022CashShort-term bank deposits 160 531 257 022Cash and bank deposits in the balance sheet 160 531 257 022For the purpose of the statement of cash flows, cash and cash equivalents comprise the following at 31 December:The Group has no credit facilities.Restricted bank deposit 3 816 3 026", "dimensions": { "concept": "ifrs-full:DisclosureOfRestrictedCashAndCashEquivalentsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__82": { "value": "NOTE 6.2 CASH AND CASH EQUIVALENTSNOK \u2019000 2023 2022CashShort-term bank deposits 160 531 257 022Cash and bank deposits in the balance sheet 160 531 257 022For the purpose of the statement of cash flows, cash and cash equivalents comprise the following at 31 December:The Group has no credit facilities.Restricted bank deposit 3 816 3 026", "dimensions": { "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__84": { "value": "NOTE 6.3 SHARE CAPITAL AND SHAREHOLDERSThe 20 main shareholders at 31.12.2023Shareholder Number of shares Ownership interestRichard Espeseth 11 257 458 17.78%Clearstream Banking S.A. 9 982 093 15.77%TM Holding AS 9 635 182 15.22%Mitsubishi Heavy Industries Ltd 5 381 165 8.50%Vivian Yanjin Chen Espeseth 3 090 238 4.88%Nordnet Bank AB 2 771 185 4.38%Avanza Bank AB 2 053 346 3.24%Citibank Europe PLC 1 600 000 2.53%Enern Invest AS 1 408 433 2.23%Tor Danielsen 1 313 872 2.08%DZ Privatbank S.A 1 263 455 2.00%Nordea Bank Abp 753 155 1.19%Jan Fredrik Garvik 738 741 1.17%Unicredit Bank Austria AG 647 167 1.02%Nordea Bank ABP 646 335 1.02%BNP Paribas 588 919 0.93%Caceis Investor Services Bank S.A. 584 244 0.92%Saxo Bank A/S 474 821 0.75%Skandinaviska Enskilda Banken AB 473 100 0.75%KBC Bank NV 418 647 0.66% 55 081 556 87.02%Total other shareholders 8 218 490 12.98%Total number of shares 63 300 046 100.00%As of 31 December 2023, the group\u2019s share capital was NOK 1 266 (1 161) TNOK, consisting of 63 300 046 (58 028 171) shares each with a par value of NOK 0,02 (0,02).", "dimensions": { "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__79": { "value": "Credit risk is the risk that one party to a financial instrument will cause a financial loss for the group by failing to settle its obligations.The group is exposed to credit risks in conducting its ordinary activities. The credit risk primarily relates to its trade receivables and its cash and cash equivalents. As our customer base mainly consist of large industrial Groups, the credit risk related to trade receivables are considered limited.The following table provides information about the exposure to credit risk for trade receivables from customers as of 31st of December:2023 2023 2022 2022NOK \u2019000 Gross carrying Provision Gross carrying Provision bad Amountbad debtAmountdebtCurrent (not past due) 46 481 9 101 01-30 days past due 118 526 9 484 031-60 days past due 1 98560-260 days past due 12 157More than one year past due 1 180 1 145 1 145 1 145Total 180 329 1 145 19 730 1 145The trade receivables are largely due from a counterparty with a strong financial position. Also, the Company does not consider the overdue receivables as uncertain.", "dimensions": { "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__80": { "value": "Liquidity riskLiquidity risk is the risk that the Group will encounter difficulty in meeting obligations associated with financial liabili-ties that are settled by delivering cash or another financial asset. The Group manages its liquidity with a high level of prudency, with rules and policies that ensure an adequate amount of cash and cash equivalents to meet the immediate needs of resources both in the short and long term. Liquidity forecasts are regularly monitored against the contractual maturities or lease liabilities. Financial liabilities are specified in note 5.4. All financial liabilities are due within one year.", "dimensions": { "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__81": { "value": "Market riskMarked risk is the risk that the fair value or future cash flow of a financial instrument will fluctuate because of changes in market prices. Market risks for the Group comprise of both foreign exchange risk and raw material risk. Foreign exchange riskThe Group\u2019s functional currency is NOK. The Group operates globally and is therefore exposed to currency fluctu-ations, mainly related to USD, EUR and CNY. The risk is further heightened by the long-running nature of customer contracts. The Company monitors the currency risk exposure closely but has not yet entered into financial instru-ments to hedge currency risk.Raw material riskFluctation in commodity prices of steel and nickel may impact the Group financially. The Group has not yet under-taken any hedging activity, but seeks to partly hedge price risk trough agreements whit suppliers or agents.", "dimensions": { "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__85": { "value": "NOTE 6.4 EARNINGS PER SHARENOK \u2019000 2023 Restated 2022Basic earnings per share Profit/(loss) for the year attributable to ordinary shares -64 513 -109 449Issued shares as of 1 January 58 028 171 58 028 171Share issued 5 271 875 0Issued ordinary shares at 31 December 63 300 046 58 028 171Effect of weighting - 3 364 904 0Weighted average number of shares outstanding for the purpose of basic earnings per share 59 935 142 58 028 171Basic earnings per share for income attributable to the equity holder of the parent company -1.09 -1.89Diluted earnings per share Weighted average number of shares outstanding for the purpose of diluted earnings per share 59 935 142 58 028 171Diluted earnings per share for income attributable to the equity holder of the parent company -1.09 -1.89", "dimensions": { "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } }, "s6_notes__7__87": { "value": "NOTE 8.1 RESTATEMENT OF COMPARABLE INFORMATION1. Restatement of contract revenue recognized in 2020 USD 2 million \u2013 NOK 17.6 millionBased upon an updated assessment related to the delivery of \u201cStudy\u201d during 2020 it has been concluded that the re-lated contract included a substantive right that was not identified in 2020. A total of USD 2 million (NOK 17.6 million) of the funds received should have been recognized as a liability by the end of 2020 and not recognized as revenue in 2020. The adjustment has been recorded as a correction of the opening equity in 2022 as the first year of comparable information and in the 2023 financial statements with corresponding recognition of other current liability of USD 2 million (NOK 17.6 million). 2. Restatement of the fair value investment in DG FuelsDuring the second half of 2023, the Company determined that a reliable estimate of fair value based upon objec-tive identifiable information that could support a fair value above cost has not been possible to obtain. This fact has also indicated uncertainty regarding previously estimates of fair value.Therefore, it has been concluded that cost is the best estimate of the fair value and that previous value adjust-ments above cost should be reversed.See further effect of this in the table below.NOK \u2018000 2022 reported Fair value investment Restated 2022restatedFair value adjustment for financial instruments 22 485 -22 485 - Net financial income and expenses 27 267 -22 485 4 782 Profit/(loss) before income tax -91 975 -22 485 -114 460 Profit/(loss) for the year -91 895 -22 485 -114 380 Profit/(loss) attributable to: Equity holders of the parent company -87 014 -22 485 -109 499 Total comprehensive profit/(loss) for the year -92 310 -22 485 -114 795 Total comprehensive profit (loss) for the year attributable to:Equity holders of the parent company -87 379 -22 485 -109 864 Basic earing pr share -1,50 -0,39 -1,89Diluted earnings pr share -1,50 -0,39 -1,89Consolidated Statement of 2022 reported Fair value investment Restated 2022Finacial Position (extract)restatedFinancial investment 52 056 -22 485 29 571 Total non-current assets 194 453 -22 485 171 969 Total assets 573 164 -22 485 550 680 Other equity -196 632 -22 485 -219 117 Total other equity 413 142 -22 485 390 657 Total equity 418 105 -22 485 395 620 Total equity and liabilities 573 164 -22 485 550 680 ", "dimensions": { "concept": "ifrs-full:DisclosureOfReclassificationsOrChangesInPresentationExplanatory", "language": "en", "entity": "scheme:549300EW945NUS7PK214", "period": "2023-01-01T00:00:00/2024-01-01T00:00:00" } } } }