Company Instabank ASA

Equities

INSTA

NO0010762792

Banks

Market Closed - Oslo Bors 10:45:00 2024-04-24 am EDT 5-day change 1st Jan Change
1.765 NOK -0.28% Intraday chart for Instabank ASA -0.28% +1.15%

Business Summary

Instabank ASA is a Norway-based company, which is primarily engaged in the financial services industry. The Company operates as a fully digital bank that offers loan products, savings and insurance to consumers in Norway, Sweden, Finland and Germany. The Company is a small and dynamic organization that provides customers with straightforward, digital and flexible bank solutions. Through Instabank's technology and paytech expertise, the Bank also assists companies that want to innovate their business model in light of the digital transformation. The Company distributes products and services primarily through the bank’s Website and via agents. The Company is primarily owned by Norwegian investors.

Number of employees: 53

Sales per Business

NOK in Million2022Weight2023Weight Delta
Banking and Related Activities
100.0 %
437 100.0 % 611 100.0 % +39.63%

Sales per region

NOK in Million2022Weight2023Weight Delta
Norway
61.3 %
287 65.5 % 374 61.3 % +30.66%
Finland
37.4 %
143 32.7 % 228 37.4 % +59.54%
Sweden
1.3 %
8 1.7 % 8 1.3 % +2.27%

Managers

Managers TitleAgeSince
Founder - 15-12-31
Chief Executive Officer 55 15-12-31
Director of Finance/CFO - 18-08-31
Chief Tech/Sci/R&D Officer - 16-07-31
Chief Operating Officer - 19-04-30
Corporate Officer/Principal - 18-05-31
Sales & Marketing - 20-01-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 57 -
Director/Board Member 68 -
Chief Tech/Sci/R&D Officer - 16-07-31
Chairman 57 -
Director/Board Member 54 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 378,261,512 98,712,054 ( 26.10 %) 0 26.10 %

Shareholders

NameEquities%Valuation
Kistefos AS (Private Equity)
21.98 %
83,126,568 21.98 % 13 M kr
Rolf Hodne
8.747 %
33,088,311 8.747 % 5 M kr
29,291,116 7.744 % 5 M kr
Birkelunden Investeringsselskap AS
4.839 %
18,305,911 4.839 % 3 M kr
13,112,021 3.466 % 2 M kr
10,000,000 2.644 % 2 M kr
Hjellegjerde Invest AS
2.422 %
9,161,000 2.422 % 1 M kr
8,900,000 2.353 % 1 M kr
Leikvollbakken AS
2.247 %
8,500,000 2.247 % 1 M kr
Moroand AS
2.247 %
8,500,000 2.247 % 1 M kr

Company contact information

Instabank ASA

Drammensveien 175

0277, Oslo

+47 21 51 93 00

http://instabank.no
address Instabank ASA(INSTA)

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
1.765 NOK
Average target price
1.9 NOK
Spread / Average Target
+7.65%
Consensus