SHARE
COPY LINK

OFFBEAT

Norway man finds 325,000kr in new home’s fireplace

Norwegian estate agent Vermund Thorkildsen got much more than he bargained for with his recent purchase of a flat in the Oslo neighbourhood of Majorstua, according to a report in Dagbladet.

Norway man finds 325,000kr in new home’s fireplace
The flat's new owner decided to honour the previous occupants' wishes by donating the money. Photo: Gorm Kallestad / NTB Scanpix
When inspecting the apartment with three of his friends, Thorkildsen wondered whether he’d be able to move the fireplace. When he removed a stone slab at the top to begin inspecting the fireplace, something caught his eye. 
 
Using their mobile phones for light and with one of his friends holding on to his legs, Thorkildsen was able to climb far enough into the flue to pull out four envelopes stashed with cash. 
 
“I don’t know exactly how much money there is but our rough count put it at around 325,000 kroner,” he told Dagbladet. 
 
He later told VG that the find, which amounts to about €35,000 or $38,000, was surreal.
 
“To begin with, I broke out into a cold sweat. After that, we hopped around screaming. I thought this was only something that happened in bad American movies,” he said. 
 
Even though he was the new rightful owner of the flat and thus the money, he decided he would not pocket the cash but rather help fulfil the wishes of the apartment’s deceased previous owners. 
 
“After the euphoria subsided, I quickly realized that the money should be returned. An elderly couple lived in the flat for many years and they had bequeathed all of their belongings to Kreftforeningen [the Norwegian Cancer Society, ed.],” Thorkildsen told VG. 
 
The estate agent thus contacted the cancer society and gave them the good news – and the cold hard cash. 
 
“I’m impressed that someone can be so honest. He could have easily not told anyone about it, so we are happy that he gave the money to us,” society spokesman Ole Aleksander Opdalshei told VG. 

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.
For members

WORKING IN NORWAY

Five things to know about wages in Norway

Norway is a great country to live and work in, and many point to the high salaries as a major pull factor. Here’s what you need to know about the wages in Norway. 

Five things to know about wages in Norway

Norway doesn’t have a minimum wage 

Many wrongly assume that the high wages in Norway must be the result of a high minimum wage. 

However, the country doesn’t have a minimum wage which covers all sectors. Instead, wages are agreed upon through negotiations between trade unions and individual employers or employer organisations. 

This contributes to high levels of trade union membership in Norway. 

Those who aren’t in a union or sectors where membership isn’t widespread negotiate their own wages. 

Some industries, where workers are likely to be exploited or where there may be a large number of foreign workers, have minimum wages enforced by the Norwegian Labour Inspection Authority.

READ MORE: Which industries in Norway have a minimum wage?

How Norwegian wages compare 

The average salary in Norway (more on that later) was 56,360 kroner per month in 2023. 

This equates to an annual salary of around 676,000 kroner. This is a salary equivalent to 49,000 pounds, 57,510 euros, or 61,266 dollars. 

The average annual salary in the US is 59,428, according to Forbes magazine.  Eurostat, the official statistics office of the European Union, measured the average annual salary for a single worker without children at 26,136 euros and 55,573 euros for a working couple with two children. 

However, wages vary greatly across the EU. In 2022, the net annual earnings of an average single worker without children were 47,640 euros in Luxembourg compared to 8,412 euros in Bulgaria

Meanwhile, the average Dane earns 46,972 Danish kroner before taxes, according to Statistics Denmark. This is around 73,981 Norwegian kroner. In Sweden, the average salary was around 38,300 Swedish krona or roughly 38,534 Norwegian kroner

Average wage versus median wage 

The average monthly wage of 56,360 kroner is pulled up by the very highest earners. The highest earners in Norway are found in the private sector. 

Statistics Norway used to keep data on the very highest earners, and around 41,600 people were in the top one percent in 2021 (the year Statistics Norway last kept data) 

To be in Norway’s top one percent required annual earnings of 1.8 million kroner or 150,000 kroner monthly

The median wage is a far more modest 50,660 kroner. 

Income tax 

Norway uses a mixture of progressive and flat taxation. The majority of wage earners in Norway, they will pay a flat income tax of 22 per cent, along with a bracketed tax based on earnings. 

The bracket tax ranges between 1.7 and 17.5 percent, depending on one’s earnings. This means that you can have income tax of up to 39.5 percent in Norway. 

Foreigner workers who are new to Norway will be sorted into the PAYE schemeThis is a flat tax rate of 25 percent, however there are no deductibles available. After a year, they will be sorted into Norway’s regular tax system. 

Norway’s gender and immigrant wage gap 

Foreigners in Norway typically make less money than their Norwegian counterparts. The average salary for a foreign resident in Norway is around 50,270 kroner per month, according to figures from the national data agency Statistics Norway.

Furthermore, when you take immigrants out of the wage statistics, the average wage rises to 58,190 kroner. 

The highest earners amongst foreigners in Norway were those  from North America and Oceania. They made 61,810 kroner on average. 

Africans, and those from countries that joined the EU after 2004, had the lowest earnings among all immigrant groups in Norway. 

While women’s wages increased more than men’s last year, a gender wage gap still exists in Norway. An average woman’s salary amounted to 88.3 percent of a man’s monthly pay packet.

bigger gap existed between Norwegian men and foreign women. 

READ ALSO: How much money do Norway’s different foreigners make?

SHOW COMMENTS