Stock AXA AXACTOR ASA
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Company Axactor ASA

Equities

AXA

NO0010840515

Corporate Financial Services

Market Closed - Oslo Bors
Other stock markets
 10:45:00 2024-05-24 am EDT 		5-day change 1st Jan Change
4.195 NOK +2.32% Intraday chart for Axactor ASA -0.24% -17.42%
May. 17 Moody’s Downgrades Axactor’s Ratings on Weakened Financial Performance MT
May. 07 Axactor ASA Reports Earnings Results for the First Quarter Ended March 31, 2024 CI

Business Summary

Axactor ASA, formerly Axactor SE is a Norway-based company focusing on craftmanship debt collection with digital and solutions for managing non-performing loans. The Group has two core business segments: Non-Performing Loans (NPL) and Third Party Collection (3PC). The NPL segment invests in portfolios of non-performing loans and collects the outstanding debt through either amicable or legal proceedings. The 3PC segment is responsible for debt collection services on commission, as well as preparing documentation for future legal proceedings against debtors. The primary focus is unsecured debt originated within the financial sector. In addition, Axactor has a non-core business segment Real Estate Owned, which is in run-off mode, acquiring and selling repossessed assets (REO). Axactor has operations across Finland, Germany, Italy, Norway, Spain and Sweden.

Number of employees: 1,261

Sales per Business

NOK in Million2022Weight2023Weight Delta
Non-performing Loans
78.9 %
1,859 76.7 % 2,315 78.9 % +24.56%
Third-party Collection
21.1 %
565 23.3 % 618 21.1 % +9.37%

Sales per region

NOK in Million2022Weight2023Weight Delta
Spain
39.2 %
920 38.0 % 1,148 39.2 % +24.78%
Norway
16.0 %
413 17.0 % 470 16.0 % +13.65%
Germany
15.9 %
355 14.6 % 466 15.9 % +31.20%
Italy
15.0 %
289 11.9 % 439 15.0 % +52.04%
Sweden
8.3 %
283 11.7 % 245 8.3 % -13.55%
Finland
5.6 %
163 6.7 % 165 5.6 % +1.26%

Managers

Managers TitleAgeSince
Johnny Tsolis CEO
 Chief Executive Officer - 15-11-19
Nina Mortensen DFI
 Director of Finance/CFO 48 21-07-31
Karl Mamelund CIO
 Chief Investment Officer - -
Arnt Andre Dullum COO
 Chief Operating Officer - 20-05-18
Kyrre Svae IRC
 Investor Relations Contact - 20-07-31
Vibeke Ly HRO
 Human Resources Officer 50 18-07-31

Members of the board

Members of the board TitleAgeSince
Lars Erich Nilsen BRD
 Director/Board Member 43 18-05-03
Terje Mjøs CHM
 Chairman 63 17-01-19
Brita Eilertsen BRD
 Director/Board Member 62 17-01-19
Ørjan Svanevik BRD
 Director/Board Member 58 Dec. 10
Kjersti Hoklingen BRD
 Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 302,145,464 119,073,778 ( 39.41 %) 0 39.41 %

Shareholders

NameEquities%Valuation
John Fredriksen
49.77 %
150,385,439 49.77 % 66 M kr
Torstein Ingvald Tvenge
3.310 %
10,000,000 3.310 % 4 M kr
Nordea Investment Management AB (Norway)
2.109 %
6,372,166 2.109 % 3 M kr
Endre Rangnes
1.218 %
3,678,643 1.218 % 2 M kr
Storebrand Asset Management AS
0.8023 %
2,424,206 0.8023 % 1 M kr
Gvepseborg AS
0.6651 %
2,009,694 0.6651 % 884 687 kr
Stavern Helse og Forvaltning AS
0.6619 %
2,000,000 0.6619 % 880 420 kr
Johnny Tsolis
0.5660 %
1,710,000 0.5660 % 752 759 kr
Handelsbanken Kapitalforvaltning AS
0.5400 %
1,631,527 0.5400 % 718 215 kr
Klotind AS
0.5073 %
1,532,704 0.5073 % 674 712 kr

Company contact information

Axactor ASA

Drammensveien 167

0277, Oslo

+47 32 75 50 00

http://www.axactor.com
address Axactor ASA(AXA)

Group companies

NameCategory and Sector
Reolux Holding SARL
Logo Reolux Holding SARL

Reolux Holding SARL

Real Estate Investment TrustsFinance

Part of Axactor ASA, Reolux Holding SARL is a real estate owned Luxembourger investment company. The company is located in Luxembourg.

Real Estate Investment Trusts
Axactor Platform Holding AB
Axactor Italy SpA
Axactor Portfolio Holding AB
Logo Axactor Portfolio Holding AB

Axactor Portfolio Holding AB

Financial ConglomeratesFinance

Part of Axactor ASA, Axactor Portfolio Holding AB is a Swedish debt management company that helps companies, banks, financial institutions, and individuals manage their debts. The company is located in Sweden. The company entered the industry with smart digital solutions and has become one of the top 10 debt management providers. Axactor is a Nordic-based, next-generation debt management company with operations in six European countries.

Financial Conglomerates

Sector

Financials
Banking & Investment Services
Banking Services
Corporate Financial Services
Other Corporate Financial Services

Sales per Business

Sales per region

Ratings for Axactor ASA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
0.3656 EUR
Average target price
0.393 EUR
Spread / Average Target
+7.49%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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