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Company price
38.8 USD 0.00(0%)
Last update at 2026-11-05T21:00:00Z
VOLUME
57
Market Cap
9047.37M
P/E
17.65

Momentum Score

…

Storebrand ASA provides insurance products and services in Norway, the United States, Germany, Sweden, the United Kingdom, and internationally. It operates through four segments: Savings, Insurance, Guaranteed Pensions, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products. The Insurance segment provides personal insurance, non-life insurance, personal risk, and pension-related insurance products. The Guaranteed Pensions segment offers long-term pension savings products, such as defined contribution pensions, paid-up policies, and individual capital and pension insurance products. The Other segment provides life insurance products. The company serves private individuals, businesses, public enterprises, and corporate and retail markets. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway.

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Day Price Range
38.80
Low
40.16
High
52 Week Price Range
29.49
Low
45.99
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Storebrand ASA is a Norway-based pension and life insurance company providing corporate and retail pensions, savings products and asset management services across the Nordic market. Long-term growth drivers include demographic trends supporting retirement savings, recurring fee income from asset management, potential margin improvement from higher interest rates and continued adoption of digital and sustainable investment solutions, and the company appears positioned to benefit from these secular trends. Investors should monitor material risks from market and interest-rate sensitivity that affect asset values and reserves, regulatory and longevity risk in pensions, competitive pressure in Nordic financial services, and limited ADR liquidity.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
38.80
Dividend Yield
2.66%
Revenue TTM
108293.00M
Revenue Per Share
510.94
Gross Profit TTM
98308.00M
Debt / Equity
1.88
ROE
15.18%
Net Debt
46408.00M
ROCE
0.96%
Diluted EPS TTM
2.46

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 6056.00M 6643.00M 3294.00M 2120.00M 3976.00M
Minority interest 23.00M 1.00M - - -
Net income 5046.00M 5523.00M 3378.00M 2390.00M 3130.00M
Gross profit -3419.00M 10438.00M -31.00M -27951.00M 69207.00M
Reconciled depreciation 433.00M 424.00M 1096.00M 957.00M 856.00M
Ebit 9475.00M 10617.00M 6279.00M 3602.00M 1828.00M
Ebitda 9908.00M 11041.00M 6745.00M 4559.00M 2684.00M
Depreciation and amortization 433.00M 424.00M 466.00M 957.00M 856.00M
Operating income 6056.00M 6645.00M 3294.00M 3602.00M 1828.00M
Other operating expenses 6056.00M 7769.00M 340.00M -30071.00M 65234.00M
Interest expense 3419.00M 3974.00M 2985.00M 1482.00M 777.00M
Tax provision 1033.00M 1121.00M -29.00M -270.00M 846.00M
Interest income 16946.00M 14412.00M 2954.00M 10458.00M 10090.00M
Net interest income -3419.00M -3974.00M -2756.00M -1482.00M -777.00M
Income tax expense 1033.00M 1121.00M -84.00M -270.00M 846.00M
Total revenue 77315.00M 14412.00M 2954.00M -27951.00M 69207.00M
Total operating expenses -9475.00M 3795.00M -3325.00M 31553.00M -67379.00M
Cost of revenue 3419.00M 3974.00M 2985.00M - -
Total other income expense net 11427.00M -2.00M 3753.00M -1482.00M 2148.00M
Net income from continuing ops 5023.00M 5522.00M 2939.00M 2390.00M 3130.00M
Net income applicable to common shares - - - 2376.00M 3121.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 988183.00M 905447.00M 896940.00M 781184.00M 774790.00M
Intangible assets 2223.00M 2672.00M 2609.00M 4385.00M 3903.00M
Other current assets -9915.00M -49831.00M 62914.00M 14668.00M 3864.00M
Total liab 954595.00M 873334.00M 867409.00M 743248.00M 737081.00M
Total stockholder equity 33210.00M 31712.00M 29531.00M 37936.00M 37709.00M
Other current liab -246.00M 4203.00M 40306.00M -288.00M -286.00M
Common stock 2177.00M 2240.00M 2327.00M 2360.00M 2360.00M
Capital stock 2177.00M 2240.00M 2327.00M 2360.00M 2360.00M
Retained earnings 1924.68M 18347.00M 16045.00M 23526.00M 23250.00M
Other liab - - - - 90280.00M
Good will 4062.00M 4049.00M 3446.00M 2954.00M 2764.00M
Other assets - 996811.00M -703965.00M 175738.00M 169549.00M
Cash 16126.00M 9241.00M 13916.00M 14511.00M 9986.00M
Total current liabilities 2052.00M 8617.00M 41571.00M 288.00M 286.00M
Current deferred revenue - - 676.00M - -
Net debt 46408.00M 44650.00M 38523.00M 30377.00M 28091.00M
Short term debt 2052.00M 3415.00M 283.00M - -
Short long term debt 2052.00M 3415.00M 283.00M - -
Short long term debt total 62534.00M 53891.00M 52439.00M 44888.00M 38077.00M
Other stockholder equity 31033.00M 11125.00M 11159.00M 35576.00M 35349.00M
Property plant equipment - - - 2863.00M 2925.00M
Total current assets 16126.00M 21990.00M 62649.00M 14511.00M 9986.00M
Long term investments 797032.00M 728742.00M 642189.00M 579443.00M 584559.00M
Net tangible assets - - - - 33173.00M
Short term investments - - 13916.00M - -
Net receivables 9915.00M 12749.00M 48733.00M 8520.00M 11662.00M
Long term debt 60482.00M 50476.00M 52439.00M 43779.00M 36867.00M
Accounts payable 246.00M 343.00M 306.00M 288.00M 286.00M
Accumulated other comprehensive income - 353.00M 408.00M - -
Non currrent assets other 843849.00M 767156.00M 728119.00M -590935.00M -595255.00M
Non current assets total 972057.00M 883457.00M 834291.00M 590935.00M 595255.00M
Capital lease obligations - - - 1109.00M 1210.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -654.00M -664.00M -3173.00M -4.00M
Change to liabilities - - - 0.00M 0.00M
Total cashflows from investing activities -149.00M -654.00M -640.00M -3173.00M 111.00M
Net borrowings 8403.00M 1321.00M 7950.00M - 7463.00M
Total cash from financing activities 2019.00M -4828.00M 2648.00M 3563.00M 4043.00M
Change to operating activities - - - -39955.00M -8839.00M
Net income 5046.00M 5523.00M 3350.00M 2390.00M 3130.00M
Change in cash 6855.00M -3083.00M 435.00M 1070.00M 733.00M
Begin period cash flow 12022.00M 15105.00M 14619.00M 3611.00M 2878.00M
End period cash flow 18877.00M 12022.00M 15054.00M 4681.00M 3611.00M
Total cash from operating activities 4714.00M 2336.00M -1255.00M 3347.00M -3489.00M
Issuance of capital stock 85.00M 65.00M 175.00M 145.00M 44.00M
Depreciation - - 466.00M 957.00M 856.00M
Other cashflows from investing activities -1.00M -1.00M -168.00M 1.00M 1.00M
Dividends paid 2028.00M 1817.00M 1741.00M -1646.00M -1513.00M
Sale purchase of stock -1501.00M -1555.00M -1670.00M -500.00M -144.00M
Other cashflows from financing activities -2940.00M -2842.00M -2191.00M 26993.00M 9984.00M
Change to netincome - - - - 1376.00M
Capital expenditures 122.00M 1687.00M 127.00M 137.00M 292.00M
Change in working capital - -2646.00M -44252.00M - -
Other non cash items 4714.00M 4982.00M 39647.00M -3347.00M -3986.00M
Free cash flow 4592.00M 649.00M -1382.00M 3210.00M -3781.00M

Peer Comparison*

Sector: Financial Services Industry: Financial Conglomerates

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
SREDY
Storebrand ASA ADR
-
-%
38.80 17.65 14.24 0.08 2.61 1.01
SBHGF
SBI Holdings Inc
0.20
1.12%
18.00 5.19 13.76 0.01 1.13 1.85
CGXYF
China Galaxy Securities Co. Ltd
0.02
2.28%
1.00 9.09 11.45 0.34 0.56 12.31
FRHC
Freedom Holding Corp
-
-%
178.85 7771.00 12.29 6.39 7.07 4.34
VOYA
Voya Financial Inc
0.61
0.62%
99.01 12.16 8.29 1.09 2.46 1.63

Profile*

Storebrand ASA ADR

Storebrand ASA provides insurance products and services in Norway, the United States, Germany, Sweden, the United Kingdom, and internationally. It operates through four segments: Savings, Insurance, Guaranteed Pensions, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products. The Insurance segment provides personal insurance, non-life insurance, personal risk, and pension-related insurance products. The Guaranteed Pensions segment offers long-term pension savings products, such as defined contribution pensions, paid-up policies, and individual capital and pension insurance products. The Other segment provides life insurance products. The company serves private individuals, businesses, public enterprises, and corporate and retail markets. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway.

Professor Kohts vei 9, Lysaker, Norway, 1366

47 91 50 88 80

2490

Name Title Year Born
Mr. Odd Arild Grefstad Group Chief Exec. Officer 1965
Mr. Lars Aasulv Loddesol Group CFO, Interim MD of Storebrand Livsforsikring AS and EVP of Strategy & Legal 1964
Ms. Karin Greve-Isdahl Flaa Exec. VP of Communications, Sustainability & Public Affairs 1979
Ms. Tove Selnes Exec. VP of People 1969
Ms. Heidi Skaaret Exec. VP of Retail 1961
Mr. Trygve Hakedal Exec. VP of Digital 1979
Mr. Jan Erik Saugestad Chief Exec. Officer of Storebrand Asset Management 1965
Mr. Daniel Sundahl Head of Investor Relations & Rating NA
Mr. Faisal Khan Sr. VP and Head of M&A NA
Ms. Jenny Rundbladh Exec. VP of Commercial Sweden 1977

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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