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Norwegian Finans Holding ASA (NOFI.OL)

NOFI.OL on Oslo Stock Exchange

88.95NOK
19 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Norwegian Air: FSA reviews accounting treatment of NOFI
Monday, 23 Apr 2018 

April 23 (Reuters) - Norwegian Air Shuttle ASA ::REVIEW OF FINANCIAL REPORTING - NORWEGIAN AIR SHUTTLE ASA.PRIMARY FOCUS OF REVIEW HAS BEEN ACCOUNTING TREATMENT OF INVESTMENT IN NORWEGIAN FINANS HOLDING (NOFI).FINANSTILSYNET (FSA) IS OF THE OPINION THAT NORWEGIAN AS OF 30 JUNE 2017 AND 31 DECEMBER 2017 STILL HAD SIGNIFICANT INFLUENCE OVER NOFI, AND THAT THE INVESTMENT SHOULD THEREFORE HAVE BEEN ACCOUNTED FOR USING THE EQUITY METHOD IN ACCORDANCE WITH IAS 28.NORWEGIAN HAS TAKEN NOTE OF THIS AND RECORDED THE INVESTMENT USING THE EQUITY METHOD IN THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017.NORWEGIAN WILL ALSO MAKE NECESSARY CORRECTIONS OF COMPARATIVE FIGURES FOR PREVIOUS ACCOUNTING PERIODS IN THE INTERIM FINANCIAL STATEMENTS FOR 2018.THE REVIEW ALSO IDENTIFIED INSUFFICIENT NOTE DISCLOSURES REGARDING CONTRACTUAL COMMITMENTS, REVENUES FROM DIFFERENT GEOGRAPHIC AREAS AND MISSING INFORMATION RELATED TO THE ALTERNATIVE PERFORMANCE MEASURES USED.THIS HAS BEEN IMPROVED IN THE ANNUAL REPORT FOR 2017.  Full Article

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

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 

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 

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: Subsequent offering at NOK 76.75/share
Tuesday, 14 Feb 2017 

Norwegian Finans Holding ASA : Has resolved to conduct subsequent offering with gross proceeds of up to about 100 million Norwegian crowns .To issue up to 1.3 million new shares at 76.75 crowns per share, equal to subscription price in private placement.  Full Article

Norwegian Finans Holding: private placement fully subscribed
Tuesday, 14 Feb 2017 

Norwegian Finans Holding ASA : Successfully resolved and completed private placement with support of existing investors, raising approximately 500 million Norwegian crowns ($60 million) in gross proceeds . Private placement was significantly oversubscribed. .Board will carry out a subsequent repair offering with gross proceeds of up to 100 million crowns.  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