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KRAB logo

Kraft Bank OB:KRAB Stock Report

Last Price

NOK 8.50

Market Cap

NOK 357.0m

7D

-2.3%

1Y

0.6%

Updated

26 Dec, 2024

Data

Company Financials +

KRAB Stock Overview

Provides refinancing of mortgages on loans and unsecured loans with and without collateral to individuals in Norway. More details

KRAB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Kraft Bank ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Kraft Bank
Historical stock prices
Current Share PriceNOK 8.50
52 Week HighNOK 9.45
52 Week LowNOK 8.00
Beta0.80
1 Month Change1.19%
3 Month Change-7.10%
1 Year Change0.59%
3 Year Change-23.22%
5 Year Change-26.09%
Change since IPO1.19%

Recent News & Updates

Recent updates

Kraft Bank ASA's (OB:KRAB) CEO Will Probably Find It Hard To See A Huge Raise This Year

Mar 02
Kraft Bank ASA's (OB:KRAB) CEO Will Probably Find It Hard To See A Huge Raise This Year

Should You Be Adding Kraft Bank (OB:KRAB) To Your Watchlist Today?

Feb 07
Should You Be Adding Kraft Bank (OB:KRAB) To Your Watchlist Today?

Did Kraft Bank's (OB:KRAB) Share Price Deserve to Gain 21%?

Dec 11
Did Kraft Bank's (OB:KRAB) Share Price Deserve to Gain 21%?

Shareholder Returns

KRABNO BanksNO Market
7D-2.3%-0.07%0.4%
1Y0.6%9.3%-0.6%

Return vs Industry: KRAB underperformed the Norwegian Banks industry which returned 10.9% over the past year.

Return vs Market: KRAB matched the Norwegian Market which returned -0.1% over the past year.

Price Volatility

Is KRAB's price volatile compared to industry and market?
KRAB volatility
KRAB Average Weekly Movement4.4%
Banks Industry Average Movement2.7%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.1%
10% least volatile stocks in NO Market2.7%

Stable Share Price: KRAB has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: KRAB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201644Svein Forlandkraftbank.no

Kraft Bank ASA provides refinancing of mortgages on loans and unsecured loans with and without collateral to individuals in Norway. It also offers deposit products and advisory services. Kraft Bank ASA was founded in 2016 and is based in Sandnes, Norway.

Kraft Bank ASA Fundamentals Summary

How do Kraft Bank's earnings and revenue compare to its market cap?
KRAB fundamental statistics
Market capNOK 357.00m
Earnings (TTM)NOK 19.76m
Revenue (TTM)NOK 115.60m

18.1x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KRAB income statement (TTM)
RevenueNOK 115.60m
Cost of RevenueNOK 0
Gross ProfitNOK 115.60m
Other ExpensesNOK 95.85m
EarningsNOK 19.76m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.47
Gross Margin100.00%
Net Profit Margin17.09%
Debt/Equity Ratio9.0%

How did KRAB perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

64%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 15:11
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Kraft Bank ASA is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vegard ToverudPareto Securities