Norda ASA announced unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported LBITDA of NOK 2,055,000 compared with NOK 1,594,000 for the same period a year ago. LBIT was NOK 2,055,000 compared with NOK 1,619,000 for the same period a year ago.

Profit before tax was NOK 349,000 compared with loss before tax of NOK 1,780,000 for the same period a year ago. Net profit from continuing operations was NOK 349,000 compared with net loss from continuing operations of NOK 1,780,000 for the same period a year ago. Net profit attributable to equity holders of the parent was NOK 205,000 or NOK 0.12 per diluted share compared with net loss attributable to equity holders of the parent of NOK 7,596,000 or NOK 0.64 per diluted share for the same period a year ago.

Net cash used in operating activities was NOK 1,704,000 compared with NOK 6,153,000 for the same period a year ago.