Key figures for Norfund
Committed investments in total portfolio (MNOK) 16 762
Capital allocated by the ower (MNOK)1 478
New investments (NOK m)2 784
Total equity (NOK m)16 410
Share of new investments in least developed countries57%
Share of new investments in Africa73%
Internal Rate of Return (IRR) in investment currency2,9%
Internal Rate of Return (IRR) in NOK0 %
Ratio of cash to equity15%
Number of direct investments124
Number of companies in portfolio770
Number of employees in Norfund69
Total number of jobs in portfolio companies276 000


Value adjusted equity 

20,7 bill NOK



New investments per year since 2003 (MNOK)

The main drivers of new investments are available capital, the project pipeline and staffing. High year-on-year variations occur because of the long and complex project development processes. 

new inv


Annual return by investment area



Norfund's audited results for 2016*

profit loss

* Detailed accounts are published in our annual report that is found here** Excluding currency effects. With foreign exchange effects, the write downs in 2015 were 139 MNOK