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Axactor SE (AXA) NOK0.5234232

Sell:6.19 NOK Buy:6.40 NOK Change: 0.14 NOK (2.13%)
Market closed |  Prices as at close on 21 January 2022 | Switch to live prices |
Sell:6.19 NOK
Buy:6.40 NOK
Change: 0.14 NOK (2.13%)
Market closed |  Prices as at close on 21 January 2022 | Switch to live prices |
Sell:6.19 NOK
Buy:6.40 NOK
Change: 0.14 NOK (2.13%)
Market closed |  Prices as at close on 21 January 2022 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Axactor SE is a Norway-based debt management company. The Company has four operating segments: Non-Performing Loans (NPL), Real Estate Owned (REO), Third Party Collection (3PC), and Accounts Receivable Management (ARM). The NPL segment invests in portfolios of non-performing loans and collects the outstanding debt through either amicable or legal proceedings. The REO segment consists of real estate assets, mainly derived from mortgage shortfalls, acquired at at a discount to their appraisal value and held for sale. The 3PC segment is responsible for debt collection services on commission, as well as preparing documentation for future legal proceedings against debtors. The ARM segment monitors invoices on behalf of clients and sends reminders to the debtors to ensure timely payments. Defaulted claims are typically transferred to 3PC for debt collection. The Company operates in approximately six European countries, including Norway, Sweden, Finland, Spain, Italy and Germany.

Contact details

Address:
Drammensveien 167
OSLO
0277
Norway
Telephone:
+47 (32) 755000
Website:
https://www.axactor.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
AXA
ISIN:
NO0010840515
Market cap:
1.91 billion NOK
Shares in issue:
302.15 million
Sector:
Consumer Finance
Exchange:
Oslo Stock Exchange
Country:
Norway
Currency:
Norwegian Krone
Indices:
Oslo All Share Index

Key personnel

  • Johnny Tsolis
    Chief Executive Officer
  • Kyrre Svae
    Interim Chief Financial Officer/ Chief of Strategy and IR
  • Arnt Dullum
    Chief Operating Officer
  • Robin Knowles
    Chief Investment Officer
  • Antonio Cataneo
    Country Manager Italy
  • Steffen Fink
    Country Manager Germany
  • Stina Koren
    Country Manager Norway
  • Andres Lopez Sanchez
    Country Manager Spain
  • Vibeke Ly
    Chief of Staff
  • David Martin Ibeas
    Country Manager Spain

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.