This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Crayon Group Holding Future Growth

Future criteria checks 5/6

Crayon Group Holding is forecast to grow earnings and revenue by 37.8% and 13.9% per annum respectively. EPS is expected to grow by 37.8% per annum. Return on equity is forecast to be 23.2% in 3 years.

Key information

37.8%

Earnings growth rate

37.79%

EPS growth rate

Software earnings growth	15.8%
Revenue growth rate	13.9%
Future return on equity	23.20%
Analyst coverage	Low
Last updated	11 Jul 2025

Recent future growth updates

Analysis Article • Feb 17

Crayon Group Holding ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Last week, you might have seen that Crayon Group Holding ASA ( OB:CRAYN ) released its yearly result to the market. The...

Recent updates

New Narrative • Jan 22

Strong AI And Cloud Demand Will Drive Service Expansion Through AWS And Microsoft Partnerships

Strong growth in Software & Cloud segment driven by AI, security, and cloud services will positively impact future revenue.

Analysis Article • Feb 17

Crayon Group Holding ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Last week, you might have seen that Crayon Group Holding ASA ( OB:CRAYN ) released its yearly result to the market. The...

Analysis Article • Jan 06

These 4 Measures Indicate That Crayon Group Holding (OB:CRAYN) Is Using Debt Reasonably Well

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Analysis Article • Jul 25

Returns At Crayon Group Holding (OB:CRAYN) Are On The Way Up

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...

Analysis Article • Apr 21

Does Crayon Group Holding (OB:CRAYN) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Analysis Article • Feb 18

Returns On Capital Are Showing Encouraging Signs At Crayon Group Holding (OB:CRAYN)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...

Analysis Article • Jan 19

Does Crayon Group Holding (OB:CRAYN) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Analysis Article • Dec 15

Crayon Group Holding ASA (OB:CRAYN) Shares Could Be 40% Below Their Intrinsic Value Estimate

Key Insights Crayon Group Holding's estimated fair value is kr182 based on 2 Stage Free Cash Flow to Equity Current...

Analysis Article • Nov 11

Is Now The Time To Put Crayon Group Holding (OB:CRAYN) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Analysis Article • Oct 05

Is It Too Late To Consider Buying Crayon Group Holding ASA (OB:CRAYN)?

While Crayon Group Holding ASA ( OB:CRAYN ) might not be the most widely known stock at the moment, it saw a decent...

Analysis Article • Sep 20

We Like These Underlying Return On Capital Trends At Crayon Group Holding (OB:CRAYN)

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...

Analysis Article • Sep 05

Is Crayon Group Holding (OB:CRAYN) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Analysis Article • Mar 31

At kr164, Is Crayon Group Holding ASA (OB:CRAYN) Worth Looking At Closely?

Crayon Group Holding ASA ( OB:CRAYN ), might not be a large cap stock, but it saw significant share price movement...

Analysis Article • Mar 06

Crayon Group Holding (OB:CRAYN) Is Experiencing Growth In Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Analysis Article • Feb 20

Getting In Cheap On Crayon Group Holding ASA (OB:CRAYN) Might Be Difficult

When close to half the companies in Norway have price-to-earnings ratios (or "P/E's") below 14x, you may consider...

Earnings and Revenue Growth Forecasts

OB:CRAYN - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	10,480	1,035	1,525	1,763	2
12/31/2026	9,217	883	1,329	1,543	2
12/31/2025	8,106	647	1,019	1,211	1
3/31/2025	7,120	294	1,149	1,323	N/A
12/31/2024	7,012	258	1,183	1,333	N/A
9/30/2024	6,974	138	1,380	1,530	N/A
6/30/2024	6,813	52	1,718	1,869	N/A
3/31/2024	6,614	-12	1,283	1,434	N/A
12/31/2023	6,397	-115	1,260	1,413	N/A
9/30/2023	6,099	-5	-352	-199	N/A
6/30/2023	5,845	-67	95	251	N/A
3/31/2023	5,545	-124	383	536	N/A
12/31/2022	5,200	25	-10	132	N/A
9/30/2022	4,950	186	-159	-35	N/A
6/30/2022	4,495	117	-189	-82	N/A
3/31/2022	4,019	261	7	99	N/A
12/31/2021	3,659	218	-57	26	N/A
9/30/2021	8,034	109	578	660	N/A
6/30/2021	10,952	233	-118	-36	N/A
3/31/2021	16,106	184	347	424	N/A
12/31/2020	19,599	120	860	942	N/A
9/30/2020	18,203	4	278	361	N/A
6/30/2020	17,035	4	884	961	N/A
3/31/2020	15,183	-52	471	546	N/A
12/31/2019	13,618	-12	115	191	N/A
9/30/2019	12,122	25	88	150	N/A
6/30/2019	11,167	16	624	688	N/A
3/31/2019	9,892	19	57	128	N/A
12/31/2018	9,048	15	N/A	115	N/A
9/30/2018	8,600	17	N/A	111	N/A
6/30/2018	8,303	-6	N/A	3	N/A
3/31/2018	7,738	-37	N/A	41	N/A
12/31/2017	7,302	-45	N/A	153	N/A
9/30/2017	6,837	-55	N/A	26	N/A
6/30/2017	6,583	-20	N/A	132	N/A
3/31/2017	6,131	-11	N/A	141	N/A
12/31/2016	6,015	-11	N/A	140	N/A
9/30/2016	5,731	-37	N/A	25	N/A
6/30/2016	5,498	-54	N/A	42	N/A
3/31/2016	4,970	-65	N/A	-22	N/A
12/31/2015	4,688	-57	N/A	14	N/A
9/30/2015	4,281	-40	N/A	82	N/A
6/30/2015	4,111	-29	N/A	48	N/A
3/31/2015	3,923	-8	N/A	51	N/A
12/31/2014	3,732	-10	N/A	164	N/A
9/30/2014	3,536	19	N/A	150	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CRAYN's forecast earnings growth (37.8% per year) is above the savings rate (2.7%).

Earnings vs Market: CRAYN's earnings (37.8% per year) are forecast to grow faster than the Norwegian market (10.8% per year).

High Growth Earnings: CRAYN's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CRAYN's revenue (13.9% per year) is forecast to grow faster than the Norwegian market (2.8% per year).

High Growth Revenue: CRAYN's revenue (13.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CRAYN's Return on Equity is forecast to be high in 3 years time (23.2%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/12 21:20
End of Day Share Price	2025/07/10 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

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

Crayon Group Holding ASA is covered by 9 analysts. 3 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
null null	ABG Sundal Collier
Kristian Støle	Carnegie Investment Bank AB
Mads Strom	Danske Bank

This company listing is no longer active

Crayon Group Holding Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 12%

Price target decreased by 9.3% to kr133

Price target increased by 8.9% to kr144

Price target increased by 9.2% to kr124

Crayon Group Holding ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Price target decreased by 8.0% to kr107

Recent updates

Less than half of directors are independent

SoftwareONE Holding AG (SWX:SWON) Completed the acquisition of Crayon Group Holding ASA (OB:CRAYN) from Rune Syversen, Jens Rugseth and others for NOK 10.8 billion.

Crayon Group Holding ASA Announces Board Appointments

First quarter 2025 earnings released: EPS: kr0.54 (vs kr0.14 in 1Q 2024)

New minor risk - Earnings quality

Consensus EPS estimates fall by 12%

Full year 2024 earnings: EPS and revenues miss analyst expectations

Price target decreased by 9.3% to kr133

Strong AI And Cloud Demand Will Drive Service Expansion Through AWS And Microsoft Partnerships

SoftwareONE Holding AG (SWX:SWON) proposed voluntary stock and cash offer to acquire Crayon Group Holding ASA (OB:CRAYN) from Rune Syversen and others for NOK 11.6 billion.

SoftwareONE Reportedly Near Deal to Acquire Crayon Group

Crayon Group Holding ASA to Report Q4, 2025 Results on Feb 11, 2026

Crayon Group Holding ASA, Annual General Meeting, May 07, 2025

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

High number of new directors

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Price target increased by 8.9% to kr144

Less than half of directors are independent

Crayon Group Holding ASA Elects Arne Frogner and Marina Lønning as Board Members

Price target increased by 9.2% to kr124

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Crayon Group Holding ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Crayon Group Holding ASA, Annual General Meeting, May 15, 2024

Insufficient Growth At Crayon Group Holding ASA (OB:CRAYN) Hampers Share Price

Is Crayon Group Holding (OB:CRAYN) Using Too Much Debt?

Price target decreased by 8.0% to kr107

The Return Trends At Crayon Group Holding (OB:CRAYN) Look Promising

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 10% to kr117

Price target decreased by 7.2% to kr129

Price target decreased by 7.4% to kr130

Crayon Group Holding ASA Announces CFO Changes

These 4 Measures Indicate That Crayon Group Holding (OB:CRAYN) Is Using Debt Reasonably Well

Returns At Crayon Group Holding (OB:CRAYN) Are On The Way Up

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 12%

Does Crayon Group Holding (OB:CRAYN) Have A Healthy Balance Sheet?

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 7.4% to kr135

Price target decreased by 8.3% to kr134

Returns On Capital Are Showing Encouraging Signs At Crayon Group Holding (OB:CRAYN)

Full year 2022 earnings released: EPS: kr0.29 (vs kr2.70 in FY 2021)

Crayon Group Holding ASA to Report Q4, 2022 Final Results on Mar 29, 2023

Consensus EPS estimates fall by 13%

Does Crayon Group Holding (OB:CRAYN) Have A Healthy Balance Sheet?

Crayon Group Holding ASA (OB:CRAYN) Shares Could Be 40% Below Their Intrinsic Value Estimate

High number of new directors

Investor sentiment improved over the past week

Is Now The Time To Put Crayon Group Holding (OB:CRAYN) On Your Watchlist?

Price target decreased to kr162

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

Is It Too Late To Consider Buying Crayon Group Holding ASA (OB:CRAYN)?

We Like These Underlying Return On Capital Trends At Crayon Group Holding (OB:CRAYN)

Investor sentiment deteriorated over the past week

Is Crayon Group Holding (OB:CRAYN) A Risky Investment?

Price target decreased to kr184

Independent Director recently bought kr311k worth of stock

Second quarter 2022 earnings released: kr0.08 loss per share (vs kr1.77 profit in 2Q 2021)

Consensus forecasts updated

Investor sentiment deteriorated over the past week

High number of new directors

Investor sentiment deteriorated over the past week

At kr164, Is Crayon Group Holding ASA (OB:CRAYN) Worth Looking At Closely?

Investor sentiment deteriorated over the past week

Crayon Group Holding (OB:CRAYN) Is Experiencing Growth In Returns On Capital