Kredinor AS – Preliminary key figures for Q1 2025

08 Apr 2025 11:51 CEST

(Oslo, April 8. 2025)

Kredinor AS today announces preliminary key figures for Q1 2025. Due to
reporting requirements for Kredinor's main shareholder, Kredinor is publishing
preliminary key figures shortly following close of the relevant quarter.
The full quarterly report will be published according to Kredinor's financial
calendar April 29.

These are the preliminary key figures (unaudited):
Total revenue 391,7 MNOK
EBITDA 161,8 MNOK
EBT 85,7 MNOK
Book value of the portfolio 5 494 MNOK

Kredinor follows the positive trend from last quarter and deliver as
anticipated, positive progress despite operating in a market characterized by
challenging macroeconomic conditions and demanding external factors.

The financial results for the first quarter are positively impacted by a
revaluation of the NPL portfolios by 18 million NOK and positive one-off
effects. Kredinor remains focused on its ongoing transformation efforts,
prioritizing a more streamlined focus on core operations and optimizing the cost
structure.

For further information, please contact:
Melita Ringvold
Director Sustainability and Communication
+47 951 21 983
melita.ringvold@kredinor.no

About Kredinor: Kredinor is Norway’s leading debt collection agency. Our market
share in Norway continues to be high, with a volume of 30 percent of the total
outstanding debt collection mass and 18 percent of new cases for debt
collection. (Finanstilsynet, 2024). Kredinor will continue to be a market leader
in the industry, and we will have the most satisfied clients. We are at the
forefront of developing new digital solutions that make it easier for customers
to pay and faster for clients to receive payment for goods or services. Kredinor
is a full-service debt collection company that offers services in two main
categories, Credit Management Services (CMS) and Portfolio Investments (PI).
Today we have offices in Norway, Sweden, Denmark, and Finland. Our ambition is
to become a leading debt collection company in the Nordics. Kredinor’s owners
are SpareBank 1 Gruppen (68.64%) and Kredinorstiftelsen (31.36%)

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