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Nokas Cash Handling information


Nokas Cash Handling
Founded2001
Headquarters
Oslo
,
Norway
ParentNokas AS

Nokas Cash Handling (former Norsk Kontantservice AS) is a Norwegian company offering management, control and distribution of cash to Norwegian banks, headquartered in Oslo. The company is owned 100% by Nokas AS. In 2008, the company had a revenue of 458 million kr and a net income of NOK 27 million.[1]

Nokas Cash Handling was established in 2001, when services previously provided by the Bank of Norway and several individual banks were taken over by a third party.[2] In 2007, the security company Hafslund and several banks, including Danske Bank, Sparebank 1 Gruppen, Sparebanken Hedmark and DnB NOR sold their shares to Vakt Service, who took full control of the company after previously owning 40.3% of the company.[3] In 2009, the office in Lillehammer was closed, 20 people were downsized and the operations for the region moved to Oslo.[4]

  1. ^ "Nokas Norsk Kontantservice" (in Norwegian). Proff.no. Retrieved 21 February 2010.
  2. ^ "NOKAS kutter kraftig". Dagens Næringsliv (in Norwegian). Norwegian News Agency. 15 October 2007. Retrieved 21 February 2010.
  3. ^ "Hafslund selger seg ut av Nokas Cash Handling". Dagens Næringsliv (in Norwegian). Norwegian News Agency. 3 July 2006. Retrieved 21 February 2010.
  4. ^ "Tellesentralen flytter til Oslo". Hegnar Online (in Norwegian). Norwegian News Agency. 25 August 2009. Retrieved 21 February 2010.

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