profit from every NOK 100 of sales.
NOK 0NOK 100
Protector Forsikring
NOK 480.40+1.69% today
-3.9% in 1 year
1-year low NOK 400.001-year high NOK 556.00
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay NOK 14.94 for every NOK 1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Protector Forsikring sold, what it kept, and what it did with the cash.
Sales went from NOK 5.99 billion in 2022 to NOK 14.2 billion in 2025, with NOK 2.65 billion of profit last year.
SalesProfit
Protector Forsikring vs. similar companies
Protector Forsikring grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from NOK 100 of sales | Sales growth a year | Price per NOK 1 of profit |
|---|---|---|---|
| Protector Forsikring | 14.9× · Cheap | ||
 Assurant | 17.8× · Fair price | ||
 Fidelity National Financial | 20.1× · Fair price | ||
 Beazley | 11.5× · Cheap | ||
 Medibank Private | 22.9× · Fair price |
AI analysis
An AI analyst reads Protector Forsikring's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 5,993 | 9,718 | 11,693 | 14,248 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | 2,288 | 3,698 | |
| 1,379 | 1,509 | 1,573 | 2,646 | |
| 16.70 | 18.30 | 18.70 | 31.70 | |
| – | – | – | – | |
| – | – | – | – | |
| 23.0% | 15.5% | 13.5% | 18.6% |
Balance sheet
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 16,719 | 20,874 | 24,654 | 28,556 |
| Cash | 199 | 324 | 456 | 360 |
| Total debt | 1,348 | 1,977 | 1,608 | 2,695 |
| Total liabilities | 12,958 | 16,345 | 18,865 | 20,881 |
| 3,762 | 4,529 | 5,789 | 7,675 | |
| 82 | 82 | 82 | 82 | |
| – | – | 23.4% | 27.2% | |
| 36.7% | 33.3% | 27.2% | 34.5% |
Cash flow
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 44 | 72 | 72 | 106 | |
| -165 | -44 | 1,222 | -201 | |
| Dividends paid | 947 | 824 | 742 | 989 |
| – | – | – | – | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 14.9×
- –
- 0.63
- 4.9×
- 2.8×
- 6.7%
- 2.5%
Profitability
- 18.6%
- 27.2%
- 25.3%
- –
- –
Growth
- +33.5%
- +23.8%
- –
- +0.0%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 4%of 843
Bottom 44%of 866
Top 13%of 862
Bottom 17%of 921
2.5%of the share price, paid each year
On $1,000 invested$25a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
37.4% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
7/7Passes 7 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
74Pass
Benjamin Graham
64Pass
Philip Fisher
86Pass
Peter Lynch
94Pass
Joel Greenblatt
62Pass
Charlie Munger
85Pass
Terry Smith
71Pass
Questions about Protector Forsikring
Is Protector Forsikring a good stock to buy?
A solid business, and the price looks low. 7 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Protector Forsikring AI analysis
What does Protector Forsikring do?
Protector Forsikring ASA, operates as a non-life insurance company, provides general insurance and reinsurance services in Norway, Sweden, Finland, Denmark, the United Kingdom and France. It is in Insurance - Specialty, based in Oslo, Norway, with 681 employees.
Does Protector Forsikring pay a dividend?
Yes. At today's price the dividend is 2.5% a year, about 37% of its yearly profit. In 2025 it paid out NOK 989 million in dividends.
Is Protector Forsikring stock halal?
No. Protector Forsikring does not pass our halal screen: its main business, conventional insurance, is not permitted. How we check
How has Protector Forsikring stock done over the past year?
Down 3.9% over the past twelve months, to NOK 480.40. It traded between NOK 400.00 and NOK 556.00 and is 13.6% below its high.
Who are Protector Forsikring's competitors?
The largest listed companies in the same industry are Assurant, Fidelity National Financial, Beazley and Medibank Private. The peers table on this page compares their profit, growth and price with Protector Forsikring's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.