The company delivered strong results in its services portfolio, which boosted overall performance. This was achieved even though some larger contracts expired in 2025.
The result was additionally supported by favorable one-time effects.
Total revenues increased by 2.6% compared to the same quarter last year.
This positive development is attributed to targeted efforts within core operations and the streamlining of internal processes. Kredinor has consolidated its position in the Norwegian market, despite challenging conditions and heightened competition.
– We are experiencing strong competition in the Nordic market, but Kredinor maintains high ambitions both in third-party debt collection and portfolio investments. We are happy that we are starting to seesom changes in the regulatory environment in the Nordics, even though there remains a need for greater predictability for the debt collection industry in Norway. Legislation is still fragmented and much remains unresolved, which makes it important to maintain a long-term perspective,” says Rolf Eek-Johansen, CEO of Kredinor.
Key Figures for the First Quarter:
Total Revenue: NOK 407 million
EBITDA: NOK 157 million
EBT: NOK 107 million
Book Value of the Portfolio: NOK 5.492 million
For more information, please contact:
Melita Ringvold, Director of Sustainability and Communication
Phone: +47 951 21 983 / Email: melita.ringvold@kredinor.no
Rolf Eek-Johansen
Chief Executive Officer – CEO
