New Risk • Sep 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 19% Last year net profit margin: 28% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Dividend is not well covered by cash flows (107% cash payout ratio). Profit margins are more than 30% lower than last year (19% net profit margin). Board Change • Aug 29
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Lars-Eric Aaro was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 25
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Lars-Eric Aaro was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • May 22
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Lars-Eric Aaro was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 09
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Lars-Eric Aaro was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 03
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Lars-Eric Aaro was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 공시 • Feb 14
Rana Gruber ASA Declares Quarterly Dividend , Payable on February 27, 2025 The Board of Rana Gruber ASA resolved to make a quarterly dividend distribution to shareholders of NOK 1.80 per share. Last day including right: February 14, 2025, Ex-date: February 17, 2025, Record date: February 18, 2025, Payment date: February 27, 2025, Date of approval: 12. February 12, 2025. Board Change • Nov 21
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Lars-Eric Aaro was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 공시 • Nov 18
Rana Gruber ASA, Annual General Meeting, Apr 11, 2025 Rana Gruber ASA, Annual General Meeting, Apr 11, 2025. 공시 • Nov 16
Rana Gruber ASA to Report Q4, 2025 Results on Feb 12, 2026 Rana Gruber ASA announced that they will report Q4, 2025 results on Feb 12, 2026 New Risk • Oct 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 5.0% per year for the foreseeable future. High level of non-cash earnings (53% accrual ratio). Minor Risk Dividend is not well covered by cash flows (237% cash payout ratio). Board Change • Oct 08
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Simon Collins was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: kr3.62 (vs kr2.63 in 1Q 2023) First quarter 2024 results: EPS: kr3.62 (up from kr2.63 in 1Q 2023). Revenue: kr285.1m (down 42% from 1Q 2023). Net income: kr134.2m (up 38% from 1Q 2023). Profit margin: 47% (up from 20% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year. New Risk • Apr 23
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 1.9% per year for the foreseeable future. Minor Risk Dividend is not well covered by earnings (94% payout ratio). 공시 • Apr 12
Rana Gruber Asa Approves Board and Nomination Committee Elections Rana Gruber ASA at its annual general meeting held on 11 April 2024, approved election of Lars-Eric Aaro, Simon Matthew Collins and Ane Nordahl Carlsen members of the board of directors. After this, the board of directors will consist of the following shareholder elected members: Morten Støver, chairman (elected until the annual general meeting in 2025), Hilde Rolandsen, member (elected until the annual general meeting in 2025), Ragnhild Wiborg, member (elected until the annual general meeting in 2025), Frode Nilsen, member (elected until the annual general meeting in 2026), Lars-Eric Aaro, member (elected until the annual general meeting in 2026), Simon Matthew Collins, member (elected until the annual general meeting in 2026) and Ane Nordahl Carlsen, member (elected until the annual general meeting in 2026). The general meeting elects Robert Sotberg as chair of the nomination committee in Rana Gruber ASA for a period until the annual general meeting in 2025. The general meeting elected Tom Lileng as new member of the nomination committee for a period until the annual general meeting in 2025. Board Change • Apr 11
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. Independent Director Henriette Pedersen was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Nov 23
Rana Gruber ASA, Annual General Meeting, Apr 11, 2024 Rana Gruber ASA, Annual General Meeting, Apr 11, 2024. Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: kr3.00 (vs kr1.36 in 3Q 2022) Third quarter 2023 results: EPS: kr3.00 (up from kr1.36 in 3Q 2022). Revenue: kr470.1m (up 104% from 3Q 2022). Net income: kr111.3m (up 120% from 3Q 2022). Profit margin: 24% (up from 22% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. New Risk • Nov 14
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 11% per year for the foreseeable future. High level of non-cash earnings (56% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. 공시 • Nov 02
Rana Gruber ASA to Report First Half, 2023 Results on Aug 29, 2023 Rana Gruber ASA announced that they will report first half, 2023 results on Aug 29, 2023 
