Comedian Thomas Giertsen's company profit falls, but he increases dividend and shifts to stocks
Translated from Norwegian, summarized and contextualized by DistantNews.
At a glance
- Norwegian comedian and investor Thomas Giertsen's company reported a profit of 12.6 million kroner in 2025, a decrease from 21.2 million kroner the previous year.
- The decline was primarily due to a 5.5 million kroner drop in the value of investments, particularly in one fund.
- Giertsen has shifted his portfolio from bond funds to stocks and increased his personal dividend payout to six million kroner.
Norwegian comedian and investor Thomas Giertsen saw his company's profits decrease in 2025, with Egeberg Holding reporting a surplus of 12.6 million kroner, down from 21.2 million kroner the year before. The pre-tax result also fell from 24.4 million to 16.1 million kroner.
A significant factor in the profit reduction was a 5.5 million kroner decline in the value of Giertsen's investments in stocks, funds, and other securities. This contrasts sharply with the previous year, when his investments grew by 6.5 million kroner. Giertsen attributed the paper losses mainly to one specific fund that continued to decline into 2026, though he believes the trend has now reversed.
It continued into 2026, but it seems to have turned around now. It's of course irritating to watch, but I hope and believe it will be forgotten in a few years.
Despite the investment downturn, Giertsen's company generated 7.4 million kroner in investment returns and earned 8.3 million kroner from selling securities. The total value of Egeberg Holding's assets at the end of 2025 was 126.2 million kroner, an increase from 104.5 million kroner the previous year.
The thought that over time it will provide better returns than, for example, interest.
Giertsen has consciously restructured his portfolio, increasing his allocation to stocks and decreasing his investment in interest-bearing and bond funds. He explained this shift by stating his belief that stocks offer better long-term returns than interest-based investments. His primary investment focus remains on Norway and the Nordic region.
Despite the weaker financial results, Giertsen decided to increase his dividend payout to six million kroner, two million more than the previous year, citing tax and private investment reasons. His company still holds substantial assets, with total values reaching 158.6 million kroner and equity at 148.5 million kroner by the year's end.
Tax and private investments.
Originally published by Aftenposten in Norwegian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.