profit from every NOK 100 of sales.
NOK 0NOK 100
Storebrand
NOK 204.00+2.00% today
+23.0% in 1 year
1-year low NOK 165.801-year high NOK 206.80
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
You pay NOK 16.89 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 Storebrand sold, what it kept, and what it did with the cash.
Sales went from -NOK 37.2 billion in 2022 to NOK 78.3 billion in 2025, with NOK 5.05 billion of profit last year.
SalesProfit
Storebrand handed back 77% of the cash it generated last year.
Buybacks NOK 1.5BNOK 2.0B
Free cash flow 2025NOK 4.6B
Bought back its own sharesNOK 1.5B
Paid as dividendsNOK 2.0B
Cash vs. debtNOK 16.1B vs. NOK 62.5B
Storebrand vs. similar companies
Storebrand grows the slowest 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 |
|---|---|---|---|
| Storebrand | 16.9× · Fair price | ||
 ORIX | 12.5× · Cheap | ||
 Bajaj Finserv | 30.0× · Fair price | ||
 Yuanta Financial | 24.4× · Fair price | ||
 China Galaxy Securities | 10.3× · Cheap |
AI analysis
An AI analyst reads Storebrand'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 |
|---|---|---|---|---|
| -37,193 | 73,604 | 95,257 | 78,316 | |
| – | – | – | – | |
| – | – | – | – | |
| 4,014 | 6,745 | 11,041 | 10,723 | |
| 2,376 | 3,378 | 5,523 | 5,046 | |
| 5.04 | 7.31 | 12.48 | 11.69 | |
| – | – | – | – | |
| – | – | – | – | |
| -6.4% | 4.6% | 5.8% | 6.4% |
Balance sheet
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 769,649 | 896,940 | 905,448 | 988,183 |
| Cash | 14,511 | 13,916 | 9,241 | 16,126 |
| Total debt | 43,779 | 52,439 | 53,891 | 62,534 |
| Total liabilities | 740,130 | 867,409 | 873,334 | 954,595 |
| 29,519 | 29,531 | 31,712 | 33,210 | |
| 468 | 458 | 440 | 429 | |
| 3.9% | 6.0% | 9.7% | 8.4% | |
| 8.0% | 11.4% | 17.4% | 15.2% |
Cash flow
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 137 | 127 | 1,687 | 122 | |
| 2,693 | -1,382 | 649 | 4,592 | |
| Dividends paid | 1,646 | 1,715 | 1,817 | 2,028 |
| 500 | 1,670 | 1,555 | 1,501 | |
| – | – | – | – |
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
- 16.9×
- –
- 0.64
- 2.2×
- 1.1×
- 5.9%
- 2.4%
Profitability
- 6.4%
- 8.4%
- 7.0%
- –
- –
Growth
- +3.2%
- +26.5%
- –
- −2.9%
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 29%of 843
Bottom 36%of 866
Bottom 30%of 862
Bottom 46%of 921
2.4%of the share price, paid each year
On $1,000 invested$24a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
40.2% of its profit
Room to growStretchedMore than it earns: 44.2%
News
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
1/7Passes 1 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
42No pass
Benjamin Graham
58No pass
Philip Fisher
55No pass
Peter Lynch
70Pass
Joel Greenblatt
38No pass
Charlie Munger
34No pass
Terry Smith
30No pass
Questions about Storebrand
Is Storebrand a good stock to buy?
A business with weak numbers at a fair price. 1 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 Storebrand AI analysis
What does Storebrand do?
Storebrand ASA provides insurance products and services in Norway, the United States, Germany, Sweden, the United Kingdom, and internationally. It operates through four segments: Savings, Insurance, Guaranteed Pensions, and Other. It is in Financial Conglomerates, based in Lysaker, Norway, with 2,490 employees.
Does Storebrand pay a dividend?
Yes. At today's price the dividend is 2.4% a year, about 40% of its yearly profit. In 2025 it paid out NOK 2.03 billion in dividends.
Is Storebrand stock halal?
No. Storebrand does not pass our halal screen: its main business, financial services, is not permitted. How we check
How has Storebrand stock done over the past year?
Up 23.0% over the past twelve months, to NOK 204.00. It traded between NOK 165.80 and NOK 206.80, close to its high.
Who are Storebrand's competitors?
The largest listed companies in the same industry are ORIX, Bajaj Finserv, Yuanta Financial and China Galaxy Securities. The peers table on this page compares their profit, growth and price with Storebrand's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.