Company Morrow Bank ASA

Equities

KOMP

NO0010694029

Banks

Real-time Oslo Bors 04:29:37 2023-12-05 am EST Intraday chart for Morrow Bank ASA 5-day change 1st Jan Change
3.96 NOK -0.75% -0.25% -17.50%

Business Summary

Morrow Bank ASA, formerly Komplett Bank ASA, is a Norway-based bank offering convenient payment and financing products to consumers. The Bank is focused on creating value for its customers by offering flexible, convenient financing solutions through efficient, customer friendly processes. Operational efficiency and low cost are foundations for the bank and is enabled by centralized operations, modern systems, and digital set-up. The Bank is pursuing a growth strategy based on geographical and product-wise diversification and expansion. The product portfolio includes consumer loans, credit cards, point-of-sales finance solutions, and high-yield deposit accounts. The Bank operates in Norway, Sweden and Finland.

Number of employees : 75

Sales per Business

NOK in Million2021Weight2022Weight Delta
Consumer Loans
79.4 %
732 78.3 % 672 79.4 % -8.27%
Cards
12.7 %
117 12.5 % 107 12.7 % -8.05%
Point-of-Sale
5.4 %
81 8.7 % 46 5.4 % -43.61%
Not Allocated
2.5 %
5 0.5 % 22 2.5 % +338.78%

Sales per region

NOK in Million2021Weight2022Weight Delta
Norway
36.2 %
367 39.3 % 307 36.2 % -16.58%
Finland
26.6 %
220 23.5 % 225 26.6 % +2.27%
Sweden
16.6 %
145 15.5 % 140 16.6 % -3.25%
Norway / Finland / Sweden
12.7 %
117 12.5 % 107 12.7 % -8.05%
Norway / Sweden
5.4 %
81 8.7 % 46 5.4 % -43.61%
Not Allocated
2.5 %
5 0.5 % 22 2.5 % +338.78%

Managers

Managers TitleAgeSince
Chief Executive Officer - 2021
Director of Finance/CFO - -
Compliance Officer - 2016
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - 2012
Director/Board Member - 2016
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chairman 64 -
Director/Board Member 65 2014
Director/Board Member - 2022
Chief Operating Officer - 2012
Director/Board Member - 2016
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 229,128,757 93,200,308 ( 40.68 %) 0 40.68 %

Shareholders

NameEquities%Valuation
Kistefos AS (Private Equity)
16.49 %
37,780,010 16.49 % 12 M kr
Tetragon Financial Management LP
7.635 %
17,493,330 7.635 % 5 M kr
11,255,168 4.912 % 3 M kr
Sissener AS
2.793 %
6,400,000 2.793 % 2 M kr
Praude Asset Management Ltd.
2.634 %
6,035,846 2.634 % 2 M kr
Andenaes Family
2.479 %
5,680,897 2.479 % 2 M kr
4,209,465 1.837 % 1 M kr
Melesio Holding AS
1.669 %
3,825,068 1.669 % 1 M kr
3,415,043 1.490 % 1 M kr
3,049,595 1.331 % 944 490 kr

Company contact information

Morrow Bank ASA

Vollsveien 2A

1366, Lysaker

+47 98 90 60 60

http://www.morrowbank.no
address Morrow Bank ASA(KOMP)

Sales per Business

Sales per region

Trading Rating :
Investor Rating :
ESG Refinitiv :
-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
3.99NOK
Average target price
6NOK
Spread / Average Target
+50.38%
Consensus
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