Hermana net loss narrows to NOK 1.4 million in H1 FY26

• Hermana Holding posted a net loss of NOK 1.4 million, narrowing from NOK 11.8 million a year earlier; EPS improved to NOK -0.10 from NOK -0.88.
• Revenue was flat at NOK 0.6 million, while other operating expenses rose to NOK 4 million from NOK 2.9 million.
• Cash and cash equivalents stood at NOK 102.5 million; operating cash flow was negative NOK 1.8 million.
• Equity ratio increased to 99.2% from 98.0%; the group reported no interest-bearing debt and total assets of NOK 112 million.
• Western Isles FPSO royalty rights generated no revenue; entitlement remains USD 0.50 per barrel, with redeployment timing still uncertain.

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