Resurs Holding Strengthens Capital Position

Resurs Holding has taken steps to strengthen its capital position, which is a crucial aspect of any company's financial health. The company has issued new shares to increase its capital base.

This move is aimed at reducing its gearing ratio, which is a measure of a company's debt to equity ratio. By increasing its equity, Resurs Holding is able to reduce its reliance on debt and improve its financial stability.

The company's decision to issue new shares is a proactive step towards ensuring its long-term financial health. This move demonstrates Resurs Holding's commitment to responsible financial management.

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Resurs Holding has appointed two new members to its Board of Directors, Mariana Burenstam Linder and Marita Odelius Engström. This brings additional financial services sector experience to the board.

The company has also strengthened its management team with the appointment of Peter Rosén as CFO and Gunilla Wikman as Head of IR/Communication. These new appointments will help support further growth and development of the business.

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Resurs Holding and its owners are currently assessing a range of strategic alternatives, including a possible listing. This could potentially provide new opportunities for the company.

Here are the key dates related to Resurs Holding's recent developments:

Resurs Holding's last day of trading is October 27.

Resurs Holding's financial reports show a strong performance in 2016. Lending to the public rose 17% to SEK 21,204 million.

Operating income increased by 7% excluding costs for the discontinued travel-insurance operations, and total operating income increased by 2% to SEK 693 million. This demonstrates a steady growth in revenue.

The credit loss ratio was significantly reduced, decreasing from 3.0% to 1.8%, indicating a lower risk for the company.

Resurs Holding's subsidiary Resurs Bank has secured a permit from the Swedish Financial Supervisory Authority that strengthens its capital position.

The permit allows Resurs Bank to exempt items in foreign currency that have already been deducted from its capital base, specifically the goodwill from the acquisition of yA Bank AS in 2015.

This decision has a positive impact on Resurs Holding's financial performance measures, including the total capital ratio and Common Equity Tier 1 ratio.

The reported total capital ratio for Resurs Holding is now more favorable due to this permit approval.

Resurs Bank's lending to the public rose 17% to SEK 21,204 million in 2016, up 3% compared to Q3 2016.

The bank's operating income increased by 7% excluding costs for the discontinued travel-insurance operations, with a total operating income of SEK 693 million.

Operating profit rose by 33% to SEK 276 million, and earnings per share increased by 74% to SEK 1.22.

The credit loss ratio was 1.8%, down from 3.0% in the previous period.

Resurs Bank's cost-to-income ratio before credit losses (excluding insurance) was 43.8%, down from 50.2%.

The bank's decision to expand its financing options, including Asset Backed Securities (ABS) financing, has helped to strengthen its capital base.

Resurs Bank's ABS financing, which was expanded and extended in 2016, comprises a securitisation of consumer loans.

The bank's cooperation with Synsam Group, a leading optical retail chain in the Nordic region, has been expanded to include all Nordic countries.

Synsam's 450 retail stores will now offer customer financing from Resurs Bank, in addition to its existing operations in Finland.

The cooperation between Resurs Bank and Synsam Group also includes the Synsam Danish chain Profil Optik.

Resurs Bank's capital position has been strengthened after it secured a permit from the Financial Supervisory Authority.

The permit allows the bank to exempt items in foreign currency from its capital requirements, which has a positive impact on its financial performance measures.

Resurs Bank is also examining the possibility of issuing subordinated Tier 2 bonds within its existing Medium Term Note Programme.

The transaction is expected to take place in the near future, subject to market conditions.

Resurs Holding AB has a group of companies under its umbrella, including SOLID FÖRSÄKRINGSAKTIEBOLAG, which operates in the multi-line insurance sector.

Resurs Förvaltning Norden AB and Resurs Bank AB are also part of the group. Resurs Bank AB is a regional bank that offers financing for the retail sector and provides various financial services to its customers.

Resurs Bank AB is headquartered in Helsingborg, Sweden, and offers a range of services including loans, savings accounts, credit and debit cards, and business services.

Resurs Holding has finalized the closing of its UK insurance operations, which was a major undertaking.

The company reported on the closure in its quarterly reports, noting that it would negatively impact profitability in the Insurance segment during the year.

This unprofitable business was discontinued on October 31st, and the remaining costs have been calculated to approximately MSEK 30.

These costs will affect the result of the fourth quarter of 2016 as a non-recurring cost.

According to Kenneth Nilsson, CEO of Resurs, the closing of this business enhances the Insurance segment going forward.

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Resurs Holding has recently appointed two new members to its Board of Directors: Mariana Burenstam Linder and Marita Odelius Engström.

Their addition brings valuable financial services sector experience to the board.

Two new members have also joined the Resurs Group's management team: Peter Rosén as CFO and Gunilla Wikman as Head of IR/Communication.

These new appointments are expected to strengthen the company's leadership and support its growth and development.

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Resurs Holding has a strong presence in the Swedish market, with a network of over 1,600 branches across the country.

The company's business partnerships are a key aspect of its success, with collaborations with leading brands such as ICA, Apoteket, and Systembolaget.

Resurs Holding's partnerships allow it to offer a wide range of products and services to its customers, including loans, credit cards, and insurance.

Resurs Bank has a presence in Norway through its wholly-owned subsidiary yA Bank AS, which was acquired in 2015 for a total purchase price of NOK 1.57 billion.

The acquisition was approved by the Swedish Financial Supervisory Authority, the Financial Supervisory Authority of Norway, and the Norwegian Competition Authority.

Resurs Bank will absorb yA Bank in an intra-group merger, which will be implemented through Resurs Bank's branch office in Norway.

The merger plan and report were adopted by the Boards of Directors of Resurs Bank and yA Bank on April 3, 2018.

Resurs Bank has also announced its intention to merge with yA Bank in 2018, with the merger expected to be completed by the end of the year.

Synsam Group has chosen Resurs for retail finance solutions in the Nordic countries. They've been working together since 2009 in Finland and are now expanding to all Nordic countries.

Synsam has 450 retail stores that will offer customer financing from Resurs Bank starting in 2016. This is a significant move for the company.

The Synsam Group has a total of 450 stores in the Nordic countries, with 170 optical stores in Sweden. Their annual turnover amounts to SEK 3 billion.

The cooperation with Synsam also includes the Danish chain Profil Optik, another strong brand in the industry.

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Resurs Holding is a Swedish financial services company. It was founded in 1977.

The company's head office is located in Stockholm, Sweden.

Resurs Holding operates in the Nordic region, providing consumer finance, payment solutions, and other financial services.

It is listed on the Stockholm Stock Exchange under the ticker code RESUR.

Resurs Holding has a strong presence in the Swedish market, with a large customer base and a wide range of financial products.

The company has a significant market share in the Nordic region, with a strong position in consumer finance and payment solutions.

Resurs Holding employs a large team of professionals who work together to provide excellent customer service and financial solutions.

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Resurs Holding has a diverse group of shareholders, with a market capitalization of $753 million. The company's largest shareholder in terms of votes is not specified, but the Chairman of the Nomination Committee is appointed by the largest shareholder.

The Nomination Committee is responsible for proposing candidates for the Board of Directors and the Chairman of the Annual General Meeting. The committee's primary purpose is to submit proposals for the AGM Chairman, the Board of Directors, and other matters.

Two new members have been appointed to the Board of Directors of Resurs Holding: Mariana Burenstam Linder and Marita Odelius Engström. They bring financial services sector experience to the board.

The Executive Committee of Resurs Holding includes Erik Magnus Fredin as CEO, Sofie Tarring Lindell as CEO, Pär Isaksson as CTO, Joseph Hajj as COO, and Sebastian Green as CTO.

Here is a list of the current members of the Board of Directors:

The company's management team has also been strengthened with the appointment of Peter Rosén as CFO and Gunilla Wikman as Head of IR/Communication.

Resurs Holding has a market capitalization that has fluctuated significantly over time, ranging from 565 million to 115 billion SEK.

The company's P/E ratio for 2025 is estimated to be around 9.61x, while the P/E ratio for 2026 is expected to be around 8.48x.

Resurs Holding's enterprise value has also varied widely, ranging from 565 million to 115 billion SEK.

Here is a table summarizing the company's valuation metrics:

Note that the free-float of Resurs Holding is around 7.22%, and the yield for 2025 and 2026 are estimated to be 5.37% and 6.05% respectively.

Analysts' recommendations for Resurs Holding AB have been varied over time. NCR adjusted the credit rating of Resurs Bank to BBB- (BBB) on Mar. 13.

DNB lowered Resurs to 'Keep' (Buy) on 24-06-19, with a target price of SEK 23.50 - BN. SEB raised Resurs to 'Hold' (Sell) on the same day, also with a target price of SEK 23.50 - BN.

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The business world has leaned towards accepting the bid for Resurs, marking a sad end to a boring stock market journey. Low valuations have continued to show skepticism towards Norion and Resurs as of 24-05-15.

Here is a summary of the analysts' recommendations:

Valuation is a crucial aspect of analyzing a company's financial health. A company's capitalization can fluctuate significantly over time, as seen in the case of Resurs Holding AB, where the capitalization ranged from 565M to 115B.

The price-to-earnings (P/E) ratio is a key valuation metric that can indicate a company's growth prospects. For Resurs Holding AB, the P/E ratio in 2025 was 9.61x, while in 2026 it was expected to be 8.48x.

Enterprise value is another important metric that takes into account a company's debt and cash. For Resurs Holding AB, the enterprise value ranged from 565M to 115B.

The free-float percentage indicates the percentage of a company's shares that are available for trading. For Resurs Holding AB, the free-float percentage was 7.22%.

Here's a snapshot of Resurs Holding AB's valuation metrics:

A company's yield can indicate its dividend-paying ability. For Resurs Holding AB, the yield in 2025 was 5.37%, while in 2026 it was expected to be 6.05%.

Resurs Holding's application for delisting has been approved. This decision was made on October 13, 2023, and the last day for trading was set for October 27.

The company had previously announced its intention to apply for delisting from Nasdaq Stockholm on September 29, 2023, after Ronneby UK Limited requested compulsory redemption and delisting.

Resurs Holding's Extraordinary General Meeting was held on September 18, 2025, where the company's delisting application was discussed.

Here's a brief timeline of key events:

Resurs Holding's decision to apply for delisting may have been influenced by the company's financial performance, which showed a slight increase in income and a rise in the credit losses in Q2 2023.

Resurs Holding has a notable history of announcements and updates. On October 13, Resurs Holding's application for delisting has been approved.

Resurs Holding has made several announcements in the past few months. On September 29, Ronneby UK Limited requested compulsory redemption and asked that Resurs Holding's shares be delisted from Nasdaq Stockholm.

You can stay up to date with Resurs Holding's latest news and announcements. Here are some notable press releases:

You can also find information about Resurs Holding's Extraordinary General Meeting. On September 18, Resurs Holding's Extraordinary General Meeting took place.

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