)
Nordic Financials (NOFIN) investor relations material
Nordic Financials Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a debt-free, capital-light position with a strengthened balance sheet by year-end 2025.
Completed two share issues totaling NOK 100 million, surpassing the NOK 40 million target.
Initiated a renewed investment strategy, including new investments in bonds and shares.
Participated as guarantors in a share issue and became a top 10 investor in Gold Road Inc.
Closed the year with improved governance and a portfolio showing strong early returns.
Financial highlights
Net income from shares and bonds in Q4 2025 was NOK 1,122 thousand.
EBITDA for Q4 2025 was NOK -784 thousand; profit for the period was NOK -3,273 thousand.
Cash at year-end 2025 was NOK 16,595 thousand, up from NOK 656 thousand at the start of the year.
Total assets increased to NOK 29,738 thousand as of 31 December 2025, from NOK 5,492 thousand a year earlier.
Equity rose to NOK 28,833 thousand at year-end 2025, compared to NOK 181 thousand at year-end 2024.
Outlook and guidance
Optimistic about deal flow and access to capital, with several investment opportunities being pursued.
Increased financial capacity is expected to enable scaling and broader participation in attractive opportunities.
- Raised 30 million NOK in equity, completed a reverse split, and improved cash position.NOFIN
Q3 202528 Nov 2025 - Strategic reset, capital raise, and narrowed losses position the group for renewed investment activity.NOFIN
Q2 202529 Aug 2025 - Divestment of solar assets leaves Aega ASA seeking capital and a new strategic focus.NOFIN
Q3 202413 Jun 2025 - Aega ASA shifts to an operator model after strong Q2 results and asset dividend payout.NOFIN
Q2 202413 Jun 2025 - Q1 2025 saw Nordic Financials ASA strengthen capital and position for Nordic market growth.NOFIN
Q1 20256 Jun 2025 - Completed divestment, recapitalization, and strategic shift to Nordic investments in Q4 2024.NOFIN
Q4 20245 Jun 2025
Next Nordic Financials earnings date
Next Nordic Financials earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)