Home > Salary > Norway > Credit Administrator
A credit administrator is responsible for managing and overseeing the credit and lending activities of an organization. They play a crucial role in evaluating and analyzing credit applications, assessing the creditworthiness of customers, and determining appropriate credit limits. Additionally, credit administrators monitor and review credit accounts to ensure compliance with company policies and procedures, as well as industry regulations. They also handle collections and manage delinquent accounts, working closely with customers to develop repayment plans and resolve any issues. Strong analytical skills, attention to detail, and knowledge of financial principles are essential for this role. Effective communication and negotiation skills are also important for building relationships with customers and collaborating with internal teams. Overall, credit administrators play a vital role in maintaining the financial health of an organization by managing credit risks and ensuring timely payments.
Estimated Yearly Salary: 1,243,137 NOK
Estimated Monthly Salary: 103,595 NOK
Estimated Weekly Salary: 23,906 NOK per week
Estimated Hourly Salary: 598 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 100,202 NOK
Estimated Weekly Salary: 23,123 NOK per week
Estimated Hourly Salary: 578 NOK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 112,720 USD
Estimated Monthly Salary: 9,393 USD
Estimated Weekly Salary: 2,168 USD per week
Estimated Hourly Salary: 54 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 1,243,137 NOK
Estimated Monthly Salary: 103,595 NOK
Estimated Weekly Salary: 23,906 NOK per week
Estimated Hourly Salary: 598 NOK per hour
By working as Credit Administrator a person can save up to 5,573 USD per month or 66,875 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Norway, see costs of living in Norway.
Estimated Yearly Salary for Credit Administrator
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Credit Administrator salary in Norway
Average Yearly Salary of Credit Administrator in Norway is approximately 1,243,137 NOK (112,720 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Credit Administrator do?
A credit administrator is responsible for managing and overseeing the credit and lending activities of an organization. They play a crucial role in evaluating and analyzing credit applications, assessing the creditworthiness of customers, and determining appropriate credit limits. Additionally, credit administrators monitor and review credit accounts to ensure compliance with company policies and procedures, as well as industry regulations. They also handle collections and manage delinquent accounts, working closely with customers to develop repayment plans and resolve any issues. Strong analytical skills, attention to detail, and knowledge of financial principles are essential for this role. Effective communication and negotiation skills are also important for building relationships with customers and collaborating with internal teams. Overall, credit administrators play a vital role in maintaining the financial health of an organization by managing credit risks and ensuring timely payments.
Skills: credit management, financial analysis, risk assessment, creditworthiness evaluation, collections management, customer relationship management
Job industry: Finance
Job industry: Finance
How much does Credit Administrator make?
Salary details
How much does Credit Administrator make?Estimated Yearly Salary: 1,243,137 NOK
Estimated Monthly Salary: 103,595 NOK
Estimated Weekly Salary: 23,906 NOK per week
Estimated Hourly Salary: 598 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,202,421 NOKEstimated Monthly Salary: 100,202 NOK
Estimated Weekly Salary: 23,123 NOK per week
Estimated Hourly Salary: 578 NOK per hour
Last revision of data: 2024-01-03Credit Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 112,720 USD
Estimated Monthly Salary: 9,393 USD
Estimated Weekly Salary: 2,168 USD per week
Estimated Hourly Salary: 54 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Credit Administrator job salary compared to average salary in Norway.
Comparison shows that a person working as Credit Administrator in Norway earns on average:
1.27 times the average salary (or 127% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Credit Administrator job salary compared to average salary in Norway.
Comparison shows that a person working as Credit Administrator in Norway earns on average:
1.27 times the average salary (or 127% of average salary).
Is Credit Administrator a well paid job?
Yes, our data shows that Credit Administrator is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Credit Administrator?
High salary for Credit Administrator would be somewhere between 1,367,451 NOK and 1,802,549 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Administrator in Norway?
Living in Norway the approximate monthly expenses are: 3,820 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 1,243,137 NOK
Estimated Monthly Salary: 103,595 NOK
Estimated Weekly Salary: 23,906 NOK per week
Estimated Hourly Salary: 598 NOK per hour
By working as Credit Administrator a person can save up to 5,573 USD per month or 66,875 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Credit Administrator
Sweden is 74,714 USD
Finland is 64,219 USD
Russia is 15,246 USD
Denmark is 86,540 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Pharmacologist (1,406,973 NOK per year, pre-tax.)
Hr systems administrator (879,361 NOK per year, pre-tax.)
Hydrographer (1,122,107 NOK per year, pre-tax.)
Human resources manager (1,240,879 NOK per year, pre-tax.)
Power plant manager (1,973,674 NOK per year, pre-tax.)
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