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Norwegian Finans Holding ASA (NOFI.OL)

NOFI.OL on Oslo Stock Exchange

88.25NOK
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Latest Key Developments (Source: Significant Developments)

Norwegian Air says no change in equity after agreeing to change 2017 accounting
Thursday, 15 Mar 2018 10:55am EDT 

March 15 (Reuters) - Norwegian Air Shuttle Asa ::‍NORWEGIAN HAVE TODAY CONCLUDED ON ACCOUNTING TREATMENT OF NORWEGIAN FINANS HOLDING (NOFI), RESULTING IN A CHANGE FOR 2017​.‍THIS WILL NOT HAVE ANY IMPACT ON NORWEGIAN'S BOOK VALUE OF EQUITY AT 31 MARCH 2018, AS INVESTMENT IN NOFI WILL BE RECOGNIZED AT MARKET VALUE FROM Q1 2018, INSTEAD OF PREVIOUSLY ANNOUNCED Q2 2017​.‍NORWEGIAN HAVE DECIDED TO FOLLOW RECOMMENDATION BY FINANSTILSYNET, RESULTING IN A CHANGE IN PRELIMINARY 2017 FULL YEAR FINANCIAL STATEMENTS​.‍AS OF DECEMBER 31, 2017, THIS WILL RESULT IN A REDUCTION OF RECOGNIZED VALUE OF INVESTMENT BY NOK 1,993 MILLION WITH A CORRESPONDING DECREASE IN END BALANCE EQUITY​.‍EFFECTS OF A CHANGE BACK TO IAS 28 WILL ALSO REVERSE FINANCIAL GAINS IN NET PROFITS OF NOK 1,657 MILLION, REVERSE FAIR VALUE CHANGES RECORDED IN OTHER COMPREHENSIVE INCOME OF NOK 498 MILLION AND INCREASE SHARE OF PROFIT FROM ASSOCIATED COMPANIES BY NOK 163 MILLION​.‍NET IMPACT OF EQUITY AT 31 MARCH 2018 WILL BE UNCHANGED COMPARED TO CURRENT SITUATION​.  Full Article

Norwegian Finans Holding Q4 Post-Tax At Earnings NOK 443 Mln
Wednesday, 28 Feb 2018 01:01am EST 

Feb 28 (Reuters) - Norwegian Finans Holding Asa ::‍COMPREHENSIVE INCOME AMOUNTED TO NOK 443 MILLION IN 4TH QUARTER, AN EARNINGS GROWTH OF NOK 9 MILLION COMPARED WITH 3RD QUARTER​.2017 NET OTHER OPERATING INCOME WAS NOK 196.4 MILLION, A DECREASE OF NOK 5.1 MILLION FROM 2016‍​.Q4 POST-TAX EARNINGS OF 443 MNOK.NET INTEREST INCOME TOTALLED NOK 1,014.9 MILLION, AN INCREASE OF NOK 77.2 MILLION IN Q4.PROVISION FOR LOAN LOSSES TOTALLED NOK 199.1 MILLION, INCREASE OF NOK 58.2 MILLION FROM Q3.  Full Article

Norwegian Finans Holding Proposes Bjørn Østbø As Chairman
Monday, 26 Feb 2018 03:00am EST 

Feb 26 (Reuters) - NORWEGIAN FINANS HOLDING ASA ::REG-THE ELECTION COMMITTEE'S PROPOSAL FOR THE ELECTION OF CHAIRMAN OF THE BOARD OF DIRECTORS OF NORWEGIAN FINANCE HOLDING ASA.PROPOSES BJØRN ØSTBØ AS CHAIRMAN OF BOARD FOR A PERIOD UNTIL ANNUAL GENERAL MEETING IN 2020.  Full Article

Danske Bank declines comment on Norwegian Finans Holding stake
Thursday, 25 Jan 2018 09:00am EST 

Jan 25 (Reuters) - Danske Bank A/S ::DANSKE BANK DECLINES TO COMMENT ON ITS PURCHASE OF 5 PERCENT OF SHARES IN NORWEGIAN FINANS HOLDING.DANSKE EARLIER ON THURSDAY FILED DETAILS OF SHARES PURCHASED IN DECEMBER 2017 nFWN1PK1ER.  Full Article

Norwegian Finans Holding: ‍Brumm Sells 1.3 Mln Shares In Company​
Friday, 22 Dec 2017 01:57am EST 

Dec 22 (Reuters) - Norwegian Finans Holding Asa ::‍BRUMM AS SOLD 1,300,000 SHARES IN CO AT NOK 92.00PER SHARE UNDER TRS AGREEMENT WITH SKANDINAVISKA ENSKILDA BANKEN ​.  Full Article

Norwegian Finans Holding aims to pay first dividend during Q2 2018
Tuesday, 31 Oct 2017 04:28am EDT 

Oct 31 (Reuters) - Norwegian Finans Holding Asa :CFO told company's earnings presenation on Tuesday: Company aims to make first dividend payment in q2 2018 based on q1 2018 earnings.  Full Article

Norwegian Finans Holding Q3 profit after tax up at NOK 432.4 mln
Tuesday, 31 Oct 2017 02:00am EDT 

Oct 31 (Reuters) - NORWEGIAN FINANS HOLDING ASA :Q3 PROFIT AFTER TAX NOK 432.4 ‍​ MILLION VERSUS NOK 245.9 MILLION.Q3 NET INTEREST INCOME NOK 937.7 MILLION ‍​ VERSUS NOK 654.3 MILLION.  Full Article

Norwegian Finans Holding Q2 profit before tax up at NOK 531.8 mln
Tuesday, 15 Aug 2017 01:00am EDT 

Aug 15 (Reuters) - NORWEGIAN FINANS HOLDING ASA :Q2 NET INTEREST INCOME NOK 892.2 MILLION VERSUS NOK 577.2 MILLION YEAR AGO.Q2 PROFIT BEFORE TAX NOK 531.8 MILLION VERSUS NOK 344.8 MILLION YEAR AGO.Q2 LOAN LOSSES NOK 155.2 MILLION VERSUS NOK 109.5 MILLION YEAR AGO‍​.  Full Article

‍Norwegian Air Shuttle sells 4.7 mln shares in ​Norwegian Finans Holding
Thursday, 29 Jun 2017 01:53am EDT 

June 29 (Reuters) - NORWEGIAN FINANS HOLDING ASA :‍NORWEGIAN AIR SHUTTLE SELLS 4.7 MILLION SHARES IN NORWEGIAN FINANS HOLDING ASA ​.EXPIRATION DATE OF CASH SETTLED TOTAL RETURN SWAP AGREEMENT IS 29TH OF JUNE 2018..TRANSACTION UNDER A CASH SETTLED TOTAL RETURN SWAP AGREEMENT WITH DANSKE BANK AS COUNTERPARTY AT NOK 76.75 PER SHARE​.AFTER TRANSACTION NORWEGIAN AIR SHUTTLE HOLDS VOTING RIGHTS FOR 32.6 MILLION SHARES IN NOFI, CONSTITUTING 17.5 PERCENT OF ISSUED SHARE CAPITAL.NORWEGIAN AIR SHUTTLE ALSO HOLDS ECONOMIC INTEREST IN 37.3 MILLION SHARES, CONSTITUTING 20 PERCENT OF SHARE CAPITAL.  Full Article

Norwegian Finans Holding Q1 comprehensive income NOK 328 mln
Thursday, 4 May 2017 01:00am EDT 

May 4 (Reuters) - NORWEGIAN FINANS HOLDING ASA :GROUP'S COMPREHENSIVE INCOME AMOUNTED TO NOK 328 MILLION IN Q1 OF 2017, CORRESPONDING TO AN EARNINGS GROWTH OF NOK 38 MILLION COMPARED WITH Q4 OF 2016.  Full Article

BRIEF-Norwegian Finans Holding Q1 Net Interest Income At NOK 1.03 Billion

* STRONG CUSTOMER AND LOAN GROWTH CONTINUED IN Q1, WITH A LOAN GROWTH OF NOK 1.5 BILLION