Nokas Cash Handling

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.

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. 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. In 2009, the office in Lillehammer was closed, 20 people were downsized and the operations for the region moved to Oslo.