Storebrand ASA

Overview

Storebrand ASA (Storebrand) is a financial services company. The company provides a range of savings, pension and insurance products catering to requirements of its clientele comprising private individuals, public sector entities, and public sector entities. It offers range of insurance products for life, home, automotive, travel, boat, dogs and cats, caravan, health, child, disability, critical injury, illness and accident. It also offers banking products, lending solutions, mortgage, pension funds, and international solutions. Furthermore, it offers asset management services. It has presence across Norway and Sweden. Storebrand is headquartered in Lysaker, Norway. The company reported premium income of NOK44,188 million for the fiscal year ended December 2020 (FY2020), an increase of 36.5% over that in FY2019.
Key Stats
Address
Professor Kohts vei 9, LYSAKER, Norway
Headquarters

Norway

Contact

47 2 2315050

No of Employees

1,824

Industry

Financial Services

Ticker Symbol & Exchange​

STB [OSL]

Revenue (2020)

$8,363 m

-13.7% (2020 vs 2019)
Net Income (2020)

$250 m

5.8% (2020 vs 2019)
Net Profit Margin

3 %

22.5% (2020 vs 2019)
Market Cap *

$4,274 m

EPS *

$0.5

  *Note: Ratios based on the share price as of 22-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Storebrand ASAGjensidige Forsikring ASA
Key Information
Headquarters Norway Norway
Headquarter City LYSAKER OSLO
Headquarter State/Province - -
No. of Employees 1,824 3,699
Entity Type Public Public

Products & Services

Storebrand is a financial products and services provider. Key products and services offered by the company include:

Products
  • Property Insurance
  • Tractor Insurance
  • Veteran Vehicle Insurance
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Asset Management
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Didrik Munch Chairman Executive Board 2017 65 Mr. Didrik Munch has been the Chairman of the company since 2017. Prior to this, he served as the Chief...
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History

Year Event Description
2021 Contracts/Agreements In February, the company signed a renewed pension agreement with NHO.
2021 New Products/Services In January, the company launched a new real estate fund.
2021 Contracts/Agreements In August, the company entered into an agreement to acquire Capital Investment, a Danish real…
2020 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2020 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2020 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Storebrand Boligkreditt AS

Address

Professor Kohts vei 9, Lysaker, Oslo
Norway

Telephone

47 22 315050

Website

www.storebrand.no
Storebrand Livsforsikring AS

Address

Professor Kohts vei 9, PO Box 474, Lysaker
Norway

Telephone

47 22 315050

Website

www.storebrand.no
Skagen AS

Address

Stavanger
Norway

Telephone

47 51 21 38 58

Website

www.skagenfunds.com

Deals

Number of Deals
Deal Value (US$ m)