Kredinor AS: Results for the Second Quarter of 2025

Oslo, 5 August 2025 – Kredinor today presented its results for the second quarter. The company reported profit before tax of NOK 98 million in Q2, representing a significant increase from NOK 2 million in the same quarter last year.

Woman presenting

Kredinor’s total revenue increased by 14%, primarily driven by higher collection volumes, which also had a positive impact on income from the company’s own portfolios. For the first half of the year, profit before tax amounted to NOK 184 million (NOK -68 million). Both operating expenses and net financial expenses were significantly lower compared with the same period last year.

“We are pleased to present strong results for the second quarter, continuing the positive trend seen in the first quarter. Our focus on the core business, strengthened strategic discipline and sound cost control are delivering results that we will continue to build on in the coming months. Following a period of low investment activity, we resumed portfolio acquisitions in Q2, with new purchases amounting to NOK 0.5 billion,” says CEO Rolf Eek-Johansen.

Key figures

  • Total revenue Q2: NOK 463.1 million / YTD: NOK 855.0 million
  • EBITDA Q2: NOK 211.3 million / YTD: NOK 373.0 million
  • EBT Q2: NOK 98.3 million / YTD: NOK 184.1 million
  • Book value of the portfolio: NOK 5,852 million