The security company PSS Securitas has issued a debt collection claim of NOK 10 million (approximately €861,000) to the World Ski Championships. But no one within the organization has any idea who ordered the extra security measures.

The financial chaos following the World Ski Championships continues. The organizing company claims to have NOK 85 million (approximately €7.33 million) available but faces supplier claims totaling NOK 134 million (approximately €11.55 million).

It has now emerged that the event has received multi-million NOK invoices for services no one seems to have ordered, including NOK 9.8 million (€845,000) for security services from PSS Securitas.

There is significant disagreement regarding several of the largest invoices, particularly concerning expenses for security, hotels, and temporary facilities associated with the event.

“There are several million NOK in dispute over what should be invoiced,” said the World Ski Championships’ lawyer, Marius Gisvold, to NRK.

Also Read: World Ski Championships face claims of NOK 134 million

“We are still looking”

The security company PSS Securitas has invoiced the World Ski Championships for NOK 9.8 million (€845,000) in services. But no one knows who ordered them.

So, who ordered and approved these costs?

“That’s a good question. We’re trying to find out.”

Could it have been someone within the World Ski Championships?

“No.”

Someone from the municipality, then?

“I don’t think so. But we’re still searching.”

At PSS Securitas, they reject this version of events.

“We find it hard to believe Gisvold’s statements concern our claim, as we don’t recognize this at all,” said Martin Myrvold, department head at PSS, to NRK.

“Most of the claim directed to the World Ski Championships was ordered well in advance of the event. All services beyond the original plan were based on orders from our contact persons within the organization. Whether the Main Operational Center (MOC) was involved in these decisions is unknown to us,” he added.

Trying to make sense of the financial disaster

The organizing company, which is 60% owned by the Norwegian Ski Association, 30% by the Sør-Trøndelag ski district, and 10% by Trondheim municipality, is now attempting to gain a comprehensive overview of the event’s finances.

They claim to have NOK 85 million (€7.33 million) available, of which NOK 47 million (€4.05 million) is in outstanding receivables.

At the same time, the World Ski Championships have received claims totaling NOK 134 million (€11.55 million) from companies that delivered services during the event.

The organizers, on their part, state that they owe NOK 86 million (€7.42 million). If accurate, this would result in a deficit of NOK 1 million (€86,000). In the worst-case scenario, the shortfall could be as high as NOK 87 million (€7.5 million).

A catastrophe for the Norwegian Ski Association

For the Norwegian Ski Association, the majority stakeholder, the consequences are disastrous. They had budgeted for a surplus of NOK 22 million (€1.89 million). The Association, which has faced financial difficulties for several years, is now being forced to lay off employees and cut at least NOK 27 million (€2.32 million).

Also Read: U23 and Junior World Championships crisis: Money gone, clock ticking

What went wrong?

Several factors contributed to the deficit: increased prices, higher security expenses, and reduced ticket prices at the end.

After the event, the organizing company received several invoices in the millions, which, according to the chairman, had not been accounted for. These include:

• NOK 5 million (€431,000) for timing services, invoiced by the International Ski and Snowboard Federation (FIS) – reportedly unknown to Trondheim 2025 until now
• NOK 6.5 million (€561,000) invoice from transport company AtB
• NOK 6 million (€517,000) additional invoice from security company Ramudden
• Ticket sales reached NOK 84 million (€7.24 million) – NOK 6 million (€517,000) below the budgeted NOK 90 million (€7.76 million)
• Several smaller debt collection claims have also been received in recent weeks
• Arena sales were below budget, reportedly due to poor weather, according to meeting notes

*Exchange rate used: 1 EUR ≈ 11.62 NOK (as of June 22, 2025 – European Central Bank reference rate)

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