HIGH RISK: Leveraged investments (gearing) mean that you can lose more than you invest.
Loan-to-Value ratios for shares at DNB
Below you will find a link to an overview of loan-to-value ratios for shares at DNB. We also publish information here when changes occur.
Overview of which shares can be leveraged
Which shares and equity certificates that can be used as collateral may vary over time. Click the button below to access our updated overview of which instruments you can trade and use as collateral in DNB's share trading.
Further down the page, we publish information when changes occur in loan-to-value ratios.
Changes to loan-to-value ratios
DNB Carnegie has decided to adjust the loan-to-value ratio for certain financial instruments with effect from 15 May 2026:
Company name | ISIN | Current LTV ratio | New LTV ratio | Actual change |
|---|---|---|---|---|
Petronor E&P ASA | NO0012942525 | 30% | 40% | 10% |
Polight ASA | NO0012535832 | 30% | 40% | 10% |
Panoro Energy ASA | NO0010564701 | 60% | 70% | 10% |
Hunter Group ASA | NO0012953720 | 40% | 50% | 10% |
Okea ASA | NO0010816895 | 60% | 70% | 10% |
Norconsult ASA | NO0013052209 | 60% | 70% | 10% |
Wilh Wilhelmsen Holding ASA | NO0010571698 | 60% | 70% | 10% |
Sparebank 1 Ostlandet | NO0010751910 | 60% | 70% | 10% |
BW Offshore Ltd | BMG1738J1247 | 50% | 60% | 10% |
Bonheur ASA | NO0003110603 | 50% | 60% | 10% |
Wilh Wilhelmsen Holding ASA | NO0010576010 | 50% | 60% | 10% |
Klaveness Combination Carriers ASA | NO0010833262 | 50% | 60% | 10% |
AF Gruppen ASA | NO0003078107 | 60% | 70% | 10% |
Sparebanken Ost | NO0006222009 | 40% | 50% | 10% |
Tomra Systems ASA | NO0012470089 | 80% | 75% | -5% |
Norse Atlantic ASA | NO0012885252 | 40% | 20% | -20% |
BYGGMA | NO0003087603 | 20% | 0% | -20% |
An adjustment to the loan-to-value ratio for a financial instrument may affect the loan value of your collateral. If the loan value of your collateral, following such an adjustment, falls below your line of credit, this will constitute a breach of the agreement terms, and the standard procedure to ensure compliance will be initiated.
Source: DNB Carnegie
Read this before you leverage your investment!
Regardless of collateral and borrowing capacity, securities financing is best suited for investors who have knowledge of, and experience with, the financial markets. The risk is very high, and knowledge gives you greater peace of mind. Should the value of your investment fall, we as the lender will have to require additional collateral from you; if this is not possible, you must bear the loss.
In the event of sharp price falls, you may lose more than the amount invested. It is therefore important that you actively monitor the market if you have loan-financed positions.