NCC AB (publ)

DB:NCGC Stock Report

Market Cap: €1.5b

NCC Management

Management criteria checks 3/4

NCC's CEO is Tomas Carlsson, appointed in May 2018, has a tenure of 8.17 years. total yearly compensation is SEK25.36M, comprised of 45.6% salary and 54.4% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth €3.97M. The average tenure of the management team and the board of directors is 6.5 years and 5.3 years respectively.

Key information

Tomas Carlsson

Chief executive officer

SEK 25.4m

Total compensation

CEO salary percentage45.56%
CEO tenure8.2yrs
CEO ownership0.3%
Management average tenure6.5yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tomas Carlsson's remuneration changed compared to NCC's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

SEK 78m

Mar 31 2026n/an/a

SEK 92m

Dec 31 2025SEK 25mSEK 12m

SEK 142m

Sep 30 2025n/an/a

SEK 2b

Jun 30 2025n/an/a

SEK 2b

Mar 31 2025n/an/a

SEK 2b

Dec 31 2024SEK 27mSEK 12m

SEK 2b

Sep 30 2024n/an/a

SEK 1b

Jun 30 2024n/an/a

SEK 1b

Mar 31 2024n/an/a

SEK 1b

Dec 31 2023SEK 17mSEK 10m

SEK 2b

Sep 30 2023n/an/a

SEK 2b

Jun 30 2023n/an/a

SEK 1b

Mar 31 2023n/an/a

SEK 1b

Dec 31 2022SEK 25mSEK 10m

SEK 1b

Sep 30 2022n/an/a

SEK 1b

Jun 30 2022n/an/a

SEK 1b

Mar 31 2022n/an/a

SEK 1b

Dec 31 2021SEK 16mSEK 10m

SEK 2b

Sep 30 2021n/an/a

SEK 1b

Jun 30 2021n/an/a

SEK 1b

Mar 31 2021n/an/a

SEK 1b

Dec 31 2020SEK 17mSEK 10m

SEK 1b

Sep 30 2020n/an/a

SEK 1b

Jun 30 2020n/an/a

SEK 1b

Mar 31 2020n/an/a

SEK 1b

Dec 31 2019SEK 15mSEK 6m

SEK 873m

Compensation vs Market: Tomas's total compensation ($USD2.62M) is above average for companies of similar size in the German market ($USD1.87M).

Compensation vs Earnings: Tomas's compensation has been consistent with company performance over the past year.

CEO

Tomas Carlsson (61 yo)

8.2yrs
Tenure
SEK 25,362,000
Compensation

Mr. Tomas Carlsson has been President and Chief Executive Officer of NCC AB (publ) since September 01, 2019 and served as its Head of NCC Property Development since July 22, 2019 until September 01, 2019....

Leadership Team

NamePositionTenureCompensationOwnership
Tomas Carlsson
President & CEO8.2yrsSEK 25.36m0.27%
€ 4.0m
Katarina Wilson
Chief Financial Officerless than a yearno datano data
Andreas Koch
Head of Communication & Investor Relations1.7yrsno data0.0012%
€ 17.4k
Ann-Marie Hedbeck
General Counsel & Secretary of the Board8.8yrsno data0.0066%
€ 99.0k
Marie Reifeldt
Head of Human Resource8.5yrsno data0.012%
€ 181.7k
Greeg Nordqvist
Senior Vice President of Strategyno datano datano data
Harald Stjernström
Project Manager of Building Dept. & Employee Representative Director8.1yrsno datano data
Joachim Holmberg
Head of Business Area Property Development6.8yrsno data0.019%
€ 284.5k
Catarina Molén-Runnäs
Head of Business Area Building Nordics6.5yrsno data0.022%
€ 333.8k
Johan Lindqvist
Head of Purchasing & Chief Procurement Officer4.7yrsno data0.018%
€ 273.7k
Niklas Sparw
Head of NCC Building Sweden2.4yrsno data0.0095%
€ 142.1k
Helena Hed
Head of the NCC Green Industry Transformation2.5yrsno data0.0042%
€ 61.8k
6.5yrs
Average Tenure
55yo
Average Age

Experienced Management: NCGC's management team is seasoned and experienced (6.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Harald Stjernström
Project Manager of Building Dept. & Employee Representative Director8.1yrsno datano data
Alf Goransson
Independent Chairman of the Board7.3yrsSEK 1.85m0.010%
€ 152.2k
Birgit Norgaard
Independent Director9.3yrsSEK 728.00k0.0066%
€ 99.0k
Mats Jonsson
Independent Director9.3yrsSEK 678.00k0.020%
€ 304.3k
Karl-Johan Andersson
Employee Representative Director15.5yrsno datano data
Cecilia Fasth
Independent Director3.3yrsSEK 600.00k0.0032%
€ 47.2k
Daniel Siraj
Director3.3yrsSEK 729.00kno data
Ida Gram
Independent Director2.3yrsSEK 678.00k0.00082%
€ 12.2k
Bengt Göransson
Employee Representative Deputy Director9.5yrsno datano data
Thomas Gustafsson
Employee Representative Directorless than a yearno data0.000010%
€ 148.8
Jan Persson
Directorless than a yearno datano data
Sebastian Ritzen
Employee Representative Deputy Board Member1.5yrsno datano data
5.3yrs
Average Tenure
63yo
Average Age

Experienced Board: NCGC's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/29 15:59
End of Day Share Price 2026/07/29 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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.

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

NCC AB (publ) is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Kristofer Liljeberg-SvenssonCarnegie Investment Bank AB
Stefan Erik AnderssonDanske Bank