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August 29, 2015 11:25 AM ET

Professional Services

Company Overview of Lindorff Group AB

Company Overview

Lindorff Group AB provides credit management services to the financial industry primarily in Norway, Sweden, Denmark, Finland, Estonia, Latvia, Lithuania, the Russian Federation, the Netherlands, Germany, Spain, and Italy. It offers information services, such as advisory services, scorecard generation and adaption, analysis, personal non-performance information, monitoring information, and information on individuals and businesses; and invoice administration services, including invoice distribution, sales ledger management, reminder and collection, reporting regarding accounts receivables, customer services in relation to payments, and a Web portal for viewing accounts receivables, as well a...

Hoffsveien 70B

Oslo,  0377


Founded in 1898


47 23 21 10 00


47 23 21 11 00

Key Executives for Lindorff Group AB

Chief Executive Officer
Age: 49
Chief Financial Officer
Age: 52
Head of Debt Collection
Head of Debt Purchasing
Compensation as of Fiscal Year 2015.

Lindorff Group AB Key Developments

Lindorff Group Reports Earnings Results for the First Quarter Ended March 2015

Lindorff Group reported earnings results for the first quarter ended March 2015. For the quarter, the company reported net revenue of EUR 131 million compared to EUR 110 million reported in the same period last year. EBITDA was EUR 39 million against EUR 30 million reported last year. Adjusted EBITDA was EUR 76 million against EUR 59 million reported last year.

Lindorff Group AB Reports Consolidated and Parent Earnings Results for the Fourth Quarter and Full Year and Parent Earnings Results for the Fourth Quarter Ended December 31, 2014

Lindorff Group AB reported consolidated and parent earnings results for the fourth quarter and full year and parent earnings results for the fourth quarter ended December 31, 2014. Net revenue was EUR 130 million in the fourth quarter of 2014. This represents an increase of 14% compared to EUR 113 million in the fourth quarter of 2013. The reported Adjusted EBITDA amounted to EUR 64 million compared to EUR 65 million reported last year. Cash flow from operating activities was EUR 44 million in the current quarter compared to EUR 62 million reported last year. EBITDA was EUR 26 million against EUR 34 million reported last year. EBIT was EUR 21 million and loss before tax was EUR 27 million. Loss attributable to owners of the company was EUR 17 million. Acquisition of tangible fixed assets was EUR 3 million and acquisition of intangible fixed assets was EUR 165 million. Net revenue was EUR 475 million for the full year 2014 which was an increase of 6% compared to EUR 447 million reported last year. For the full year 2014, the reported Adjusted EBITDA amounted to EUR 264 million compared to EUR 256 million in 2013. Full year 2014 cash flow from operating activities decreased from EUR 222 million last year to EUR 143 million. EBITDA was EUR 141 million against EUR 141 million reported last year. For the quarter, the parent company reported profit of EUR 6 million and net profit of EUR 4 million.

Lindorff Group AB to Report Q1, 2015 Results on May 28, 2015

Lindorff Group AB announced that they will report Q1, 2015 results at 8:00 AM, US Eastern Standard Time on May 28, 2015

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