Protector Forsikring Future Growth

Future criteria checks 3/6

Protector Forsikring is forecast to grow earnings and revenue by 8.2% and 9.6% per annum respectively. EPS is expected to grow by 9% per annum. Return on equity is forecast to be 27% in 3 years.

Key information

8.2%

Earnings growth rate

8.97%

EPS growth rate

Insurance earnings growth	1.5%
Revenue growth rate	9.6%
Future return on equity	27.04%
Analyst coverage	Low
Last updated	06 Jul 2026

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:PR40 - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2028	18,526	2,468	N/A	N/A	3
12/31/2027	16,778	2,320	N/A	N/A	3
12/31/2026	15,135	1,987	N/A	N/A	3
3/31/2026	14,305	2,031	1,387	1,500	N/A
12/31/2025	14,655	2,614	-201	-95	N/A
9/30/2025	13,754	2,173	-457	-362	N/A
6/30/2025	13,434	2,295	69	149	N/A
3/31/2025	12,718	1,832	-300	-230	N/A
12/31/2024	12,064	1,540	1,222	1,294	N/A
9/30/2024	12,117	1,949	229	316	N/A
6/30/2024	11,152	1,367	252	330	N/A
3/31/2024	10,260	1,340	-685	-606	N/A
12/31/2023	9,809	1,494	-44	28	N/A
9/30/2023	8,905	1,436	-876	-826	N/A
6/30/2023	8,403	1,794	-411	-362	N/A
3/31/2023	7,797	1,776	912	958	N/A
12/31/2022	6,911	1,369	-165	-121	N/A
9/30/2022	6,288	1,033	1,333	1,376	N/A
6/30/2022	5,873	808	262	303	N/A
3/31/2022	6,275	841	1,060	1,112	N/A
12/31/2021	5,810	1,165	917	970	N/A
9/30/2021	5,934	1,313	878	920	N/A
6/30/2021	6,087	1,469	1,238	1,267	N/A
3/31/2021	5,874	1,692	-478	-463	N/A
12/31/2020	5,499	885	-58	-42	N/A
9/30/2020	5,127	481	12	37	N/A
6/30/2020	4,812	214	764	804	N/A
3/31/2020	4,130	-366	1,527	1,571	N/A
12/31/2019	4,301	-76	N/A	1,413	N/A
9/30/2019	3,688	-254	N/A	1,688	N/A
6/30/2019	3,324	-194	N/A	983	N/A
3/31/2019	3,122	-15	N/A	1,233	N/A
12/31/2018	2,825	-21	N/A	685	N/A
9/30/2018	2,461	180	N/A	369	N/A
6/30/2018	2,593	227	N/A	258	N/A
3/31/2018	2,686	307	N/A	-129	N/A
12/31/2017	2,746	374	N/A	-641	N/A
9/30/2017	3,257	411	N/A	-198	N/A
6/30/2017	3,245	429	N/A	-400	N/A
3/31/2017	3,312	506	N/A	-351	N/A
12/31/2016	3,184	453	N/A	298	N/A
9/30/2016	3,095	534	N/A	-397	N/A
6/30/2016	2,784	438	N/A	-35	N/A
3/31/2016	2,452	293	N/A	-184	N/A
12/31/2015	2,484	464	N/A	-423	N/A
9/30/2015	2,263	417	N/A	158	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PR40's forecast earnings growth (8.2% per year) is above the savings rate (1.9%).

Earnings vs Market: PR40's earnings (8.2% per year) are forecast to grow slower than the German market (17.1% per year).

High Growth Earnings: PR40's earnings are forecast to grow, but not significantly.

Revenue vs Market: PR40's revenue (9.6% per year) is forecast to grow faster than the German market (6.7% per year).

High Growth Revenue: PR40's revenue (9.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PR40's Return on Equity is forecast to be high in 3 years time (27%)

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/06 07:15
End of Day Share Price	2026/07/06 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Protector Forsikring ASA is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Gianandrea Roberti	Carnegie Investment Bank AB
Håkon Astrup	DNB Carnegie
Simen Aas	DNB Carnegie

Protector Forsikring Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Recent updates

Protector Forsikring ASA, Annual General Meeting, Apr 08, 2027

Protector Forsikring ASA to Report Fiscal Year 2026 Results on Mar 17, 2027

Protector Forsikring ASA to Report Q4, 2026 Results on Jan 28, 2027

Protector Forsikring ASA (OB:PROT) commences an Equity Buyback Plan for 8,250,000 shares, representing 10.01% of its issued share capital, under the authorization approved on April 9, 2026.

Trimco Group (UK) Limited proposed to acquire Nilörngruppen AB (publ) (OM:NIL B) from AB Traction (OM:TRAC B), Protector Forsikring ASA (OB:PROT), Kavaljer Fonder, Krister Magnusson, and others for approximately SEK 880 million.

Protector Forsikring ASA Approves Election of Emma Kathrine Kokborg Iversen to the Board

Protector Forsikring ASA Announces Dividend, Payable on 24 July 2025

Protector Forsikring ASA, Annual General Meeting, Apr 09, 2026

Protector Forsikring ASA Declares Cash Dividend, Payable on 9 May 2025

Protector Forsikring ASA Announces Executive Changes

DARAG Deutschland AG entered into a portfolio transfer agreement to acquire Workers compensation portfolio in Denmark from Protector Forsikring ASA (OB:PROT).

Protector Forsikring ASA Declares Cash Dividend, Payable on 13 February 2025

Protector Forsikring ASA (OB:PROT) acquired an unknown minority stake in Siili Solutions Oyj (HLSE:SIILI).

Protector Forsikring ASA Declares Cash Dividend, Payable on 24 July 2024

Protector Forsikring ASA, Annual General Meeting, Apr 10, 2025

Protector Forsikring ASA to Report Fiscal Year 2024 Results on Mar 19, 2025

Protector Forsikring ASA (OB:PROT) commences an Equity Buyback Plan for 8,250,000 shares, representing 10% of its issued share capital, under the authorization approved on April 11, 2024.

Protector Forsikring ASA Approves Cash Dividend, Payable on 10 May 2024

Protector Forsikring Asa Declares Cash Dividend, Payable on 14 February 2024

Protector Forsikring ASA (OB : PROT) acquired additional 6.53% minority stake in Seafire AB (publ) (OM : SEAF).

An unknown buyer acquired a 7.8% stake in Columbus A/S (CPSE:COLUM) from Protector Forsikring ASA (OB : PROT).

Protector Forsikring ASA, Annual General Meeting, Apr 11, 2024

Protector Forsikring ASA (OB:PROTCT) commences an Equity Buyback Plan for 8,250,000 shares, representing 10% of its issued share capital, under the authorization approved on March 30, 2023.

Protector Forsikring ASA Declares Special Cash Dividend, Payable on 15 February 2023

Protector Forsikring ASA to Report Q3, 2023 Results on Oct 20, 2023

Protector Forsikring ASA Announces Special Dividend, Payable on May 12, 2022

Protector Forsikring Asa Elects Tonje Giertsen as Director