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Corporate

Nordic Credit Rating invites comments on revised Corporate Rating Methodology proposal

Interested parties invited to comment by 23 October.
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Nordic Credit Rating proposes revisions to Corporate Rating Methodology

Interested parties invited to comment by 7 Nov. 2025.
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Kongsberg Maritime ASA

Submitted by analyticalplatform on Thu, 04/16/2026 - 04:00
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Structural constraints driving salmon prices

We expect increasing consolidation of the salmon farming sector.
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NCR Comments: OBOS BBL 'BBB-' rating and outlook unchanged despite weak 2025 revenues

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

Submitted by analyticalplatform on Mon, 03/02/2026 - 05:00
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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.

NCR comments: Södra Skogsägarna 'BBB+' rating and stable outlook unchanged following weaker-than-expected market development

Weaker operating performance offset by strengthened financial position from sale of Baltic forest.
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NCR comments: NorgesGruppen 'A-' rating and negative outlook unchanged following acquisition of NMD

The acquisition marks NorgesGruppen's entrance into the pharmacy industry.
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Nordic corporates well prepared for improving demand in 2026

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

Submitted by analyticalplatform on Tue, 06/10/2025 - 07:54
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Vegamot was established as a local toll company in 1983 and became a regional operator through Norway's toll reform in 2015. Vegamot has responsibility for the counties of Trøndelag and Møre og Romsdal. Trøndelag owns 67% of Vegamot's capital and Møre og Romsdal 33%. Vegamot's mission is to provide efficient financing for toll projects on behalf of its owners through borrowing and collection of tolls. The county governments act as guarantors for loans.

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