Guidance for reporting from entities subject to financial reporting oversight (KRT-1003)
Last published: 8 May 2025
The KRT-1003 form shall be completed by all entities listed on the Oslo Stock Exchange (Oslo Børs/Euronext Expand) that issue shares, bonds and/or equity certificates, and that have Norway as their home state.
Reporting
Mandatory reporting
Reporting of the KRT-1003 is mandatory for all the above-mentioned entities. Finanstilsynet can order compliance with this mandatory self-reporting obligation and can impose a cumulative fine that runs for each day that passes after the expiry of the deadline., cf. the Securities Trading Act section 19-10 (1).
Reporting in Altinn.no
All issuers are to report KRT-1003 electronically in Altinn.no. In Altinn, the form is located on the main page for the company for which the report is to be made. More information about this can be found at Altinn support, please see the link below.
Issuers that are not incorporated in Norway will therefore have to register a user in Altinn. Once a new user has been created, the username and LEI (Legal Entity Identifier) must be sent to KRT1003-rapportering@finanstilsynet.no. This information must be submitted to Finanstilsynet no later than 7 March 2025.
Altinn user guides
Who should fill out the form on behalf of the entity
The form should in principle be completed by the CEO. However, completion of the form can be delegated to others. This delegation must be carried out in Altinn. See link to Altinn support below.
Exemption from reporting
In exceptional circumstances, dispensation from the deadlines may be given. Entities whose securities were delisted after December 31 2024, can apply for exemption from the reporting obligation by contacting Finanstilsynet by email: KRT1003-rapportering@finanstilsynet.no. Entities with financial years not ending on 31 December should contact Finanstilsynet for clarification of the time schedule for filing KRT-1003 using the same email address.
Guidance for KRT-1003 questions
The guidance contains all the questions and answer options that will be contained in this year's KRT-1003. Guidance notes and explanations for questions are included where relevant. To make it easier for companies to delegate tasks and responsibilities related to the form, the guidance is published in both PDF and Excel. Finanstilsynet reserves the right to make minor changes to the form prior to publication in Altinn, estimated to be on 10 March 2025.
Background for KRT-1003 reporting
Finanstilsynet carries out financial reporting oversight of companies listed on the Oslo Stock Exchange (Oslo Børs/Euronext Expand) that issue shares, bonds and/or equity certificates, and that have Norway as their home state, cf. the Securities Trading Act section 19 -1 (2). More detailed rules on Finanstilsynet's controls are set out in regulations to the Securities Trading Act (securities regulations).
Each year Finanstilsynet will review a selection of annual financial statements. One of the models used for selecting financial statements for oversight is a risk-based approach. Due to this, Finanstilsynet requires a yearly report (KRT-1003) from all issuers of listed securities which have Norway as their home state; see the Norwegian Securities Trading Regulations section 17-5 (2). The KRT-1003 reporting contains questions related to the company and the financial statements and forms the basis for Finanstilsynet's risk-based selection of entities and financial statements to be controlled.
Reporting deadline
12 May 2025
Deadline for submission of username and LEI
7 March 2025