The Storebrand Group Overview

  • Status
  • Public

  • Employees
  • 2,161

Employees
  • Stock Symbol
  • STB

Stock Symbol
  • Investments
  • 59

  • Share Price
  • $7.72

  • (As of Friday Closing)

The Storebrand Group General Information

Description

Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into nonguaranteed savings, insurance, and guaranteed pensions. The savings segment includes products for retirement savings with no interest rate guarantees. The segment consists of defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden. It provides health, property & casualty, personal risk products, and employee-related & pension-related insurance. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return.

Contact Information

Formerly Known As
Storebrand-Norden
Ownership Status
Publicly Held
Financing Status
Corporate Backed or Acquired
Primary Industry
Asset Management
Other Industries
Private Equity
Stock Exchange
OSL
Primary Office
  • Professor Kohts vei 9
  • 1327 Lysaker
  • Norway
+47 913 00 000

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The Storebrand Group Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$7.72 $7.54 $6.52 - $10.27 $3.5B 464M 979K $0.52

The Storebrand Group Financials Summary

In Thousands,
USD
TTM 31-Dec-2022 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 8,901,685 8,901,685 9,571,239 7,190,492
Revenue (2,892,209) (2,892,209) 8,024,912 4,217,533
EBITDA 472,050 472,050 649,001 411,936
Net Income 247,303 247,303 362,940 248,873
Total Assets 79,706,146 79,706,146 87,832,522 85,250,193
Total Debt 6,935,352 6,935,352 6,667,558 5,920,141
Public Fundamental Data provided by Morningstar, Inc. disclaimer

The Storebrand Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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The Storebrand Group Executive Team (24)

Name Title Board Seat Contact Info
Odd Grefstad Chief Executive Officer
Jan Saugestad Chief Executive Officer, Storebrand Asset Management
Åsa Wallenberg Chief Executive Officer, Storebrand Funds
Lars Løddesøl Group Chief Financial Officer
Bernt Uppstad Managing Director, Storebrand Bank
You’re viewing 5 of 24 executive team members. Get the full list »

The Storebrand Group Board Members (7)

Name Representing Role Since
00000 000000 The Storebrand Group Board Member 000 0000
000000 00000 The Storebrand Group Chairman of the Board of Directors 000 0000
0000-000000 000000 The Storebrand Group Board Member 000 0000
00000 0000000 The Storebrand Group Board Member 000 0000
000000 0000000 Self Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

The Storebrand Group Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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The Storebrand Group Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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The Storebrand Group Investments & Acquisitions (59)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 03-Jan-2023 0000000000 000.00 Brokerage 000 00000
000000 000000 01-Jul-2022 0000000000 00000 Life and Health Insurance 000 00000
0000 10-Dec-2021 00000 0000 00.000 Other Healthcare Technology Systems
00000 (00000 24-Mar-2021 00000 0000 000.00 Other Commercial Products
Dreams Technology 01-Feb-2021 Later Stage VC Financial Software
You’re viewing 5 of 59 investments and acquisitions. Get the full list »

The Storebrand Group Subsidiaries (7)

Company Name Industry Location Founded
Kron Brokerage Oslo, Norway 2017
000000 0000000 000 PE/Buyout Oslo, Norway 0000
000000 00000000000 Life and Health Insurance Trondheim, Norway 0000
0000000000 0000000 Insurance Company Oslo, Norway 0000
000000 00000 Investment Bank Stavanger, Norway 0000
You’re viewing 5 of 7 subsidiaries. Get the full list »

The Storebrand Group ESG

Risk Overview

Risk Rating

Updated February, 27, 2023

18.55 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,231

Rank

00.00

Percentile

Insurance

Industry

00 of 293

Rank

00.00

Percentile

Life and Health Insurance

Subindustry

00 of 88

Rank

00.00

Percentile

To view The Storebrand Group’s complete esg history, request access »

The Storebrand Group Exits (11)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 (00000 00000 24-Mar-2021 00000 00000 00 000.00 Completed
  • 6 buyers
000000 0000000000 01-Feb-2021 00000 00000 00 Completed
  • 5 buyers
000000 0000000000 29-Oct-2019 0000 00000 000.00 Completed
  • 3 buyers
000000000000 00000 30-Oct-2014 0000 000.00 Completed
  • 6 buyers
Visma Group 07-Aug-2014 Buyout/LBO 00.000 Completed
  • 8 buyers
You’re viewing 5 of 11 exits. Get the full list »