NO

Interested parties invited to comment by 7 Nov. 2025.

• Read more about Nordic Credit Rating proposes revisions to Corporate Rating Methodology

EBITDA and credit metrics supported by bank and JV payouts, offsetting weak residential development.

• Read more about NCR Comments: OBOS BBL 'BBB-' rating and outlook unchanged despite weak 2025 revenues

• Read more about Andøya Space AS

Andøya Space is Norway’s national space infrastructure operator, providing orbital and sub-orbital launch services, defence testing, and aerospace research. With 60 years of launch experience and over 25 years supporting the defence sector, it operates four divisions: Spaceport, Space Defence, Sub Orbital and Education. The company is 90% state owned and 10% owned by Kongsberg Defence & Aerospace, and state ownership is classified as a 'Category 2' holding, reflecting its role in civil protection and emergency preparedness.

The acquisition marks NorgesGruppen's entrance into the pharmacy industry.

• Read more about NCR comments: NorgesGruppen 'A-' rating and negative outlook unchanged following acquisition of NMD

State transfers aid operating balances, but structural issues persist.

• Read more about Fiscal stability across Norwegian municipalities faces uneven pressures in 2026

Consumer and public spending expected to grow from pent up demand.

• Read more about Nordic corporates well prepared for improving demand in 2026

Bli med på vårt webinar om forventningene for året som kommer.

• Read more about 30 minutter om norske sparebanker - utsikter 2026

Capital optimization, asset quality normalization and strategic transformations are key themes.

• Read more about Nordic niche banks focus on optimisation and scalability in 2026

• Read more about Aurskog Sparebank

Aurskog Sparebank is an independent Norwegian savings bank established in 1846. Its core markets include eastern Akershus (Romerike), as well as parts of Innlandet and Østfold. With nine branches, Aurskog Sparebank provides traditional banking services to retail customers and SMEs, owns an accountancy firm, and offers co-located real estate agency services in seven branches. Aurskog Sparebank is a member of the Eika Alliance, an association of small and medium-sized Norwegian savings banks.

CRR3 boosts capital ratios, supporting lending expansion.

• Read more about Capital strength sets Norwegian savings banks up for 2026 growth