Garo Aktiebolag (publ)

DB:46GA Stock Report

Market Cap: €92.7m

Garo Aktiebolag Management

Management criteria checks 3/4

Garo Aktiebolag's CEO is Patrik Andersson, appointed in Feb 2019, has a tenure of 5.92 years. total yearly compensation is SEK3.60M, comprised of 58.3% salary and 41.7% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth €378.41K. The average tenure of the management team and the board of directors is 4 years and 4.7 years respectively.

Key information

Patrik Andersson

Chief executive officer

SEK 3.6m

Total compensation

CEO salary percentage58.3%
CEO tenure5.9yrs
CEO ownership0.4%
Management average tenure4yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Patrik Andersson's remuneration changed compared to Garo Aktiebolag's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-SEK 59m

Jun 30 2024n/an/a

-SEK 26m

Mar 31 2024n/an/a

SEK 3m

Dec 31 2023SEK 4mSEK 2m

SEK 31m

Sep 30 2023n/an/a

SEK 38m

Jun 30 2023n/an/a

SEK 74m

Mar 31 2023n/an/a

SEK 88m

Dec 31 2022SEK 3mSEK 2m

SEK 121m

Sep 30 2022n/an/a

SEK 160m

Jun 30 2022n/an/a

SEK 173m

Mar 31 2022n/an/a

SEK 182m

Dec 31 2021SEK 3mSEK 2m

SEK 167m

Sep 30 2021n/an/a

SEK 155m

Jun 30 2021n/an/a

SEK 144m

Mar 31 2021n/an/a

SEK 119m

Dec 31 2020SEK 3mSEK 2m

SEK 95m

Sep 30 2020n/an/a

SEK 85m

Jun 30 2020n/an/a

SEK 75m

Mar 31 2020n/an/a

SEK 76m

Dec 31 2019SEK 3mSEK 2m

SEK 86m

Compensation vs Market: Patrik's total compensation ($USD324.67K) is about average for companies of similar size in the German market ($USD463.64K).

Compensation vs Earnings: Patrik's compensation has increased whilst the company is unprofitable.

CEO

Patrik Andersson (46 yo)

5.9yrs

Tenure

SEK 3,600,000

Compensation

Mr. Patrik Andersson has been President and Chief Executive Officer at Garo Aktiebolag (publ) since May 2019. Mr. Andersson served as Marketing Manager at Garo Aktiebolag (publ) since 2015 until May 2019 a...

Leadership Team

NamePositionTenureCompensationOwnership
Patrik Andersson
President & CEO5.9yrsSEK 3.60m0.41%
€ 378.4k
Helena Claesson
Chief Financial Officer6yrsno data0.0011%
€ 1.0k
Bo Eriksson
Acting Chief Technology Officer2yrsno datano data
Carlos Calleses
Managing Directorless than a yearno datano data

4.0yrs

Average Tenure

Experienced Management: 46GA's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Johan Paulsson
Independent Independnet Director3.7yrsSEK 300.00k0.040%
€ 37.1k
Rickard Blomqvist
Chairman of the Board9.3yrsSEK 800.00k5.13%
€ 4.8m
Martin Althén
Independnet Director3.7yrsSEK 400.00k0.040%
€ 37.1k
Susanna Hilleskog
Independent Director6.7yrsSEK 300.00k0.010%
€ 9.3k
Mari-Katharina Kadowaki
Independent Director5.7yrsSEK 300.00k0.0020%
€ 1.9k
Lars Kongstad
Independent Director1.7yrsSEK 200.00k0.10%
€ 92.7k
Jonas Lohtander
Employee Representative Director5.7yrsno data0.00037%
€ 342.8
My Back
Employee Representative Director1.8yrsno data0.000030%
€ 27.8

4.7yrs

Average Tenure

58yo

Average Age

Experienced Board: 46GA's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 21:45
End of Day Share Price 2025/01/31 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

Garo Aktiebolag (publ) is covered by 4 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
Olof CederholmABG Sundal Collier Sponsored
Kristofer Liljeberg-SvenssonCarnegie Investment Bank AB
Lars TopholmCarnegie Investment Bank AB