Veidekke ASA

DB:VK4 Stock Report

Market Cap: €1.6b

Veidekke Management

Management criteria checks 4/4

Veidekke's CEO is Jimmy Bengtsson, appointed in Sep 2019, has a tenure of 5.25 years. total yearly compensation is NOK6.62M, comprised of 71.1% salary and 28.9% bonuses, including company stock and options. directly owns 0.056% of the company’s shares, worth €915.22K. The average tenure of the management team and the board of directors is 4.6 years and 4.6 years respectively.

Key information

Jimmy Bengtsson

Chief executive officer

NOK 6.6m

Total compensation

CEO salary percentage71.1%
CEO tenure5.3yrs
CEO ownership0.06%
Management average tenure4.6yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jimmy Bengtsson's remuneration changed compared to Veidekke's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 1b

Jun 30 2024n/an/a

NOK 1b

Mar 31 2024n/an/a

NOK 1b

Dec 31 2023NOK 7mNOK 5m

NOK 1b

Sep 30 2023n/an/a

NOK 1b

Jun 30 2023n/an/a

NOK 1b

Mar 31 2023n/an/a

NOK 1b

Dec 31 2022NOK 6mNOK 4m

NOK 1b

Sep 30 2022n/an/a

NOK 905m

Jun 30 2022n/an/a

NOK 889m

Mar 31 2022n/an/a

NOK 904m

Dec 31 2021NOK 6mNOK 4m

NOK 958m

Sep 30 2021n/an/a

NOK 931m

Jun 30 2021n/an/a

NOK 997m

Mar 31 2021n/an/a

NOK 985m

Dec 31 2020NOK 4mNOK 4m

NOK 842m

Sep 30 2020n/an/a

NOK 467m

Jun 30 2020n/an/a

NOK 348m

Mar 31 2020n/an/a

NOK 352m

Dec 31 2019NOK 4mNOK 4m

NOK 392m

Sep 30 2019n/an/a

NOK 384m

Jun 30 2019n/an/a

NOK 484m

Mar 31 2019n/an/a

NOK 82m

Jan 01 2019n/an/a

NOK 119m

Sep 30 2018n/an/a

NOK 700m

Jun 30 2018n/an/a

NOK 670m

Mar 31 2018n/an/a

NOK 1b

Dec 31 2017NOK 4mNOK 3m

NOK 1b

Compensation vs Market: Jimmy's total compensation ($USD583.17K) is below average for companies of similar size in the German market ($USD1.52M).

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

CEO

Jimmy Bengtsson (58 yo)

5.3yrs

Tenure

NOK 6,622,000

Compensation

Mr. Jimmy Bengtsson serves as Group Chief Executive Officer of Veidekke ASA since September 1,2019. Mr. Bengtsson served as Executive Vice President of Construction Sweden at Veidekke ASA since January 1,...

Leadership Team

NamePositionTenureCompensationOwnership
Jimmy Bengtsson
Group Chief Executive Officer5.3yrsNOK 6.62m0.056%
€ 915.2k
Jørgen Porsmyr
Executive VP & CFO4.3yrsNOK 4.25m0.097%
€ 1.6m
Kristina Andreasson
Executive Vice President of Communications & Branding4.3yrsNOK 2.80m0.014%
€ 230.7k
Anne Thorbjørnsen
Executive VP for HR and Occupational Health & Safety6.2yrsNOK 3.10m0.033%
€ 529.2k
Torben Nielsen
Head of Operations in Denmarkno dataNOK 800.00k0.078%
€ 1.3m
Terje Larsen
Executive Vice President of Risk Management & IT4.3yrsNOK 3.74m0.087%
€ 1.4m
Lars Lund
Executive Vice President of Strategy & Sustainability4.9yrsNOK 3.39m0.014%
€ 230.3k
Hans Sørlie
Executive Vice President of Veidekke Construction Norway6.4yrsNOK 4.00m0.062%
€ 1.0m
Øivind Larsen
Executive Vice President of Veidekke Infrastructure - Norway6.5yrsNOK 4.35m0.027%
€ 444.4k
Marcus Nilsson
Executive Vice President of Veidekke Infrastructure Sweden3.9yrsNOK 3.31m0.027%
€ 434.1k
Martin Gadd
Executive Vice President of Building Construction Swedenless than a yearno datano data

4.6yrs

Average Tenure

55yo

Average Age

Experienced Management: VK4's management team is considered experienced (4.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Per-Ingemar Persson
Independent Director4.6yrsNOK 458.00k0.041%
€ 670.4k
Gro Bakstad
Independent Chairman of the Board14.9yrsNOK 717.00k0.011%
€ 186.5k
Carola Laven
Independent Director3.6yrsNOK 370.00kno data
Hanne Rønneberg
Independent Director4.6yrsNOK 445.00k0.0020%
€ 32.5k
Inge Ramsdal
Employee Representative Director16.9yrsNOK 370.00k0.0067%
€ 108.5k
Arve Fludal
Employee Representative Director9.6yrsNOK 370.00k0.0049%
€ 78.8k
Nils Bohler
Director1.6yrsno datano data
Pal Eitrheim
Independent Director2.6yrsno datano data
Knut Opheim
Employee Representative Directorless than a yearno datano data

4.6yrs

Average Tenure

60yo

Average Age

Experienced Board: VK4's board of directors are considered experienced (4.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 19:45
End of Day Share Price 2024/11/27 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

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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

Veidekke ASA is covered by 10 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
Glenn KringhaugABG Sundal Collier
Magnus GranerødBeringer Finance AB
Mikkel Nyholt-SmedsengCarnegie Investment Bank AB