NORFUND
Signals
- Driftsunderskudd 2025 Siste driftsresultat er negativt (−1,4 mrd kr).
NORFUND is registered as a other business enterprise in accordance with special legislation in Oslo, Oslo with organisation number 879554802. The business is classified under venture and development capital companies (NACE 64.322). The company was incorporated in 1997 and has 126 registered employees. The company's stated purpose is: “Å medvirke med egenkapital og annen risikokapital, samt yte lån og stille garantier til utvikling av bærekraftig næringsvirksomhet i utviklingsland. Hensikten er å etablere levedyktig, lønnsom virksomhet som ellers ikke vil bli igangsatt som følge av høy risiko. Fondet kan etter nærmere samtykke forvalte andre statlige støtteordninger for næringsutvikling i utviklingsland.”. The most recent filed accounts, for the 2025 financial year, show NOK 2.3bn in revenue and NOK −1.4bn in operating profit.
Key figures · 2025
Financial health · 2025
Who owns NORFUND?
No shareholders are registered for NORFUND in open Norwegian sources. Shareholder data exists mainly for limited companies (AS/ASA).
Which companies does NORFUND own?
NORFUND holds stakes in 12 companies:
- AGUA IMARA AS 100.0%
- KLP NORFUND INVESTMENTS AS 100.0%
- ABLER NORDIC CLIMATE SMART FUND AS 99.2%
- KNI INDIA AS 51.0%
- NORWEGIAN MICROFINANCE INITIATIVE AS 50.0%
- NORFINANCE AS 49.8%
- ABLER NORDIC AS 33.3%
- NORDIC IMPACT COOPERATION AS 33.0%
- ABLER NORDIC GP V AS 32.3%
- ABLER NORDIC GP IV AS 19.9%
- EMPOWER NEW ENERGY AS 12.4%
- EMPOWER NEW ENERGY AS 6.3%
Frequently asked questions about NORFUND
What is the revenue of NORFUND?
NORFUND had revenue of NOK 2.3bn in 2025.
Who is the general manager of NORFUND?
Jan Tellef Thorleifsson is registered as general manager of NORFUND.
Where is NORFUND based?
NORFUND has its business address in Oslo.
Property
357 companies are registered at this address.
The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.
Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.