Corporate

The methodology does not affect any published ratings.

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Strong demand in all market segments.

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• Read more about Atea ASA

Atea was originally founded as Merkantildata in 1968. In its current form, the company was formed through a merger of large Nordic IT infrastructure providers and the subsequent acquisition of 50 IT companies between 2006 and 2015. Atea is a key hardware and software reseller and service provider in the Nordic and Baltic countries. The company is a market leader in regional IT and is currently the third-largest such company in Europe. Atea collaborates with major global IT companies such as Microsoft, Apple, and Cisco.

Request for comment period ends 7 Oct. 2022.

• Read more about Nordic Credit Rating publishes its proposed methodology for investment holding companies

Higher revenues driven by sales to hotel, restaurant and catering sector as COVID restrictions ease.

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• Read more about OBOS BBL

OBOS is a Norway-based residential developer, owned by its over 500,000 members in Norway and Sweden. The company's primary focus is residential development in Norway and Sweden, but it also provides property management and advisory services for housing cooperatives and owns strategic equity investments. In addition, it is a sizable commercial real-estate manager through its OBOS Eiendom subsidiary and operates a regulated bank (OBOS-banken AS), with its member homeowners as the bank's primary customer base.

• Read more about Nordic Semiconductor ASA

Nordic Semiconductor is a fabless semiconductor company, which outsources production and focuses on research and development and product design. The company specialises in wireless communication technology that powers the Internet of Things. Warehousing and distribution are also outsourced, although the company has its own global sales teams.

New ratings follow methodology update; ratings removed from criteria review.

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Strong sales to South Korean shipbuilders drive robust revenue growth.

• Read more about NCR comments: Jotun A/S T1 2022 report

All ratings placed Under Criteria Review.

• Read more about Nordic Credit Rating publishes final amendments to short-term rating scale