Company Morrow Bank ASA

Equities

KOMP

NO0010694029

Banks

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
4.3 NOK +2.63% Intraday chart for Morrow Bank ASA +3.61% +10.26%

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 Million2022Weight2023Weight Delta
Consumer Loans
83.1 %
672 79.4 % 900 83.1 % +33.91%
Cards
12.6 %
107 12.7 % 137 12.6 % +27.59%
Point-of-Sale
2.8 %
46 5.4 % 30 2.8 % -34.20%
Not Allocated
1.5 %
22 2.5 % 16 1.5 % -25.58%

Sales per region

NOK in Million2022Weight2023Weight Delta
Finland
38.8 %
225 26.6 % 421 38.8 % +86.72%
Norway
25.6 %
307 36.2 % 277 25.6 % -9.62%
Sweden
18.7 %
140 16.6 % 202 18.7 % +44.25%
Norway / Finland / Sweden
12.6 %
107 12.7 % 137 12.6 % +27.59%
Norway / Sweden
2.8 %
46 5.4 % 30 2.8 % -34.20%
Not Allocated
1.5 %
22 2.5 % 16 1.5 % -25.58%

Managers

Managers TitleAgeSince
Chief Executive Officer - 21-09-30
Director of Finance/CFO - -
Compliance Officer - 16-12-31
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - 12-11-30
Director/Board Member - 16-10-31
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chairman 65 -
Director/Board Member 66 14-02-28
Director/Board Member - 22-03-31
Chief Operating Officer - 12-11-30
Director/Board Member - 16-10-31
Director/Board Member - -
Director/Board Member - 22-12-31
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 229,364,132 108,771,925 ( 47.42 %) 0 47.42 %

Shareholders

NameEquities%Valuation
Kistefos AS (Private Equity)
19.61 %
44,927,000 19.61 % 17 M kr
11,072,048 4.832 % 4 M kr
Sissener AS
3.383 %
7,751,111 3.383 % 3 M kr
Praude Asset Management Ltd.
2.525 %
5,785,157 2.525 % 2 M kr
5,640,557 2.462 % 2 M kr
Melesio Capital AS
2.011 %
4,607,102 2.011 % 2 M kr
4,345,750 1.897 % 2 M kr
4,209,465 1.837 % 2 M kr
Stiftelsen Kistefos-Museet
1.746 %
4,000,000 1.746 % 2 M kr
3,715,043 1.621 % 1 M 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
4.3 NOK
Average target price
6 NOK
Spread / Average Target
+39.53%
Consensus
  1. Stock Market
  2. Equities
  3. KOMP Stock
  4. Company Morrow Bank ASA