Multiconsult Management

Management criteria checks 4/4

Multiconsult's CEO is Grethe Bergly, appointed in Mar 2019, has a tenure of 5.17 years. total yearly compensation is NOK5.79M, comprised of 68.9% salary and 31.1% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth €640.67K. The average tenure of the management team and the board of directors is 4.8 years and 3.1 years respectively.

Key information

Grethe Bergly

Chief executive officer

kr5.8m

Total compensation

CEO salary percentage	68.9%
CEO tenure	5.2yrs
CEO ownership	0.2%
Management average tenure	4.8yrs
Board average tenure	3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Grethe Bergly's remuneration changed compared to Multiconsult's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	kr318m
Sep 30 2023	n/a	n/a	kr281m
Jun 30 2023	n/a	n/a	kr318m
Mar 31 2023	n/a	n/a	kr340m
Dec 31 2022	kr6m	kr4m	kr303m
Sep 30 2022	n/a	n/a	kr290m
Jun 30 2022	n/a	n/a	kr269m
Mar 31 2022	n/a	n/a	kr290m
Dec 31 2021	kr6m	kr4m	kr235m
Sep 30 2021	n/a	n/a	kr235m
Jun 30 2021	n/a	n/a	kr244m
Mar 31 2021	n/a	n/a	kr232m
Dec 31 2020	kr5m	kr4m	kr249m
Sep 30 2020	n/a	n/a	kr177m
Jun 30 2020	n/a	n/a	kr148m
Mar 31 2020	n/a	n/a	kr60m
Dec 31 2019	kr3m	kr3m	kr35m
Sep 30 2019	n/a	n/a	kr47m
Jun 30 2019	n/a	n/a	kr38m
Mar 31 2019	n/a	n/a	kr97m
Dec 31 2018	kr2m	kr2m	kr64m
Sep 30 2018	n/a	n/a	kr51m
Jun 30 2018	n/a	n/a	kr59m
Mar 31 2018	n/a	n/a	kr33m
Dec 31 2017	kr2m	kr2m	kr80m

Compensation vs Market: Grethe's total compensation ($USD532.48K) is below average for companies of similar size in the German market ($USD993.65K).

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

CEO

Grethe Bergly (61 yo)

5.2yrs

Tenure

kr5,787,339

Compensation

Ms. Grethe Bergly has been Chief Executive Officer at Multiconsult ASA since March 1, 2019 and served as an Executive Vice President of Greater Oslo Area at Multiconsult ASA until March 1, 2019. Ms. Bergly...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Grethe Bergly	Chief Executive Officer	5.2yrs	kr5.79m	0.19% NOK 640.7k
Ove Haupberg	Chief Financial Officer	1.7yrs	kr1.02m	0.0071% NOK 23.9k
Johan Arntzen	Chief Operating Officer	5.7yrs	kr2.63m	0.056% NOK 187.7k
Unni Kristiansen	Group Chief Accountant	no data	kr589.10k	no data
Kari Nicolaisen	Executive Vice President of Human Resources & Corporate Communications	5.1yrs	kr2.85m	0.046% NOK 156.0k
Thor Holt	Executive Vice President of Sales	2.2yrs	kr1.97m	0.013% NOK 43.9k
Kristin Augestad	Executive Vice President of Architecture	no data	kr2.88m	0.067% NOK 225.1k
Leif Bogen	Executive Vice President of Regions Oslo	no data	kr2.85m	0.058% NOK 196.8k
Geir Juterud	Executive Vice President of Projects	4.6yrs	kr2.80m	0.055% NOK 187.0k
Kari Dowsett	Executive Vice President of Regions Norway	no data	no data	0.026% NOK 88.9k
Pål-Sverre Jørgensen	Group Treasurer & Investor Relations Officer	no data	no data	no data
Stein Christiansen	Director of Environmental & Specialist Consultancy	no data	no data	no data

4.8yrs

Average Tenure

52yo

Average Age

Experienced Management: 3MC's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rikard Appelgren	Independent Chairman	6.3yrs	kr451.33k	0.16% NOK 550.0k
Tore Sjursen	Independent Director	2.1yrs	kr464.00k	0.0033% NOK 11.2k
Sverre Hurum	Independent Director	3.1yrs	kr522.67k	0.084% NOK 282.2k
Tove Raanes	Independent Director	4.1yrs	kr325.67k	0.019% NOK 64.9k
Hanne Rønneberg	Independent Director	6.3yrs	kr299.33k	0.012% NOK 42.1k
Torben Wedervang	Employee Representative Director	3.1yrs	kr147.33k	0.023% NOK 78.7k
Karine Gjerso	Employee Representative Director	3.1yrs	kr162.00k	0.014% NOK 48.8k
Gunnar Vatnar	Employee Representative Director	3.1yrs	kr166.67k	0.0033% NOK 11.0k
Oystein Mejaender-Larsen	Deputy Employee Representative Director	no data	no data	0.040% NOK 135.6k

3.1yrs

Average Tenure

62yo

Average Age

Experienced Board: 3MC's board of directors are considered experienced (3.1 years average tenure).

Multiconsult Management

Management criteria checks 4/4

Key information

Recent management updates

Independent Chairman recently bought €63k worth of stock

High number of new directors

High number of new directors

Multiconsult ASA Announces CFO Changes

Independent Director recently bought €77k worth of stock

Independent Chairman of the Board recently bought €78k worth of stock

Recent updates

Upcoming dividend of kr8.00 per share

Full year 2023 earnings released: EPS: kr11.56 (vs kr11.06 in FY 2022)

New minor risk - Share price stability

Full year 2023 earnings released: EPS: kr11.56 (vs kr11.06 in FY 2022)

Multiconsult ASA Proposes a Dividend for the Financial Year 2023, Payable on or Around 22 April 2024

Multiconsult ASA (OB:MULTI) acquired Planteknikk As.

Third quarter 2023 earnings released: EPS: kr0.40 (vs kr1.75 in 3Q 2022)

Second quarter 2023 earnings released: EPS: kr1.30 (vs kr2.11 in 2Q 2022)

Multiconsult ASA to Report Q1, 2024 Results on May 08, 2024

Multiconsult ASA (OB:MULTI) acquired 70% stake in A-Lab As.

Multiconsult ASA (OB:MULTI) entered into an agreement to acquire 70% stake in A-Lab As for enterprise value of approximately NOK 150 million.

First quarter 2023 earnings released: EPS: kr5.76 (vs kr4.44 in 1Q 2022)

Upcoming dividend of kr9.00 per share at 5.9% yield

Independent Chairman recently bought €63k worth of stock

Full year 2022 earnings released: EPS: kr11.06 (vs kr8.67 in FY 2021)

Full year 2022 earnings released: EPS: kr11.06 (vs kr8.67 in FY 2021)

Multicoult Asa Proposes Dividend for the Financial Year 2022, Payable on or Around 24 April 2023

Multiconsult ASA (OB:MULTI) entered into an agreement to purchase 100% stake in Roar Jorgensen As.

High number of new directors

Third quarter 2022 earnings released: EPS: kr1.75 (vs kr1.01 in 3Q 2021)

Second quarter 2022 earnings released: EPS: kr2.11 (vs kr2.90 in 2Q 2021)

Multiconsult ASA to Report Fiscal Year 2022 Results on Mar 16, 2023

First quarter 2022 earnings released: EPS: kr4.44 (vs kr2.47 in 1Q 2021)

High number of new directors

Multiconsult ASA Announces CFO Changes

Upcoming dividend of kr6.00 per share

Independent Director recently bought €77k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Multiconsult ASA Proposes Dividend for 2021

Multiconsult ASA (OB:MULTI) agreed to acquire Smidt & Ingebrigtsen As.

Third quarter 2021 earnings released: EPS kr1.01 (vs kr1.36 in 3Q 2020)

Independent Chairman of the Board recently bought €78k worth of stock

Second quarter 2021 earnings released: EPS kr2.90 (vs kr2.44 in 2Q 2020)

Independent Chairman of the Board recently bought €51k worth of stock

Multiconsult ASA (OB:MULTI) completed the acquisition of Erichsen & Horgen As for approximately NOK 420 million.

An unknown buyer acquired 10.03% stake in Multiconsult ASA (OB:MULTI) from Protector Forsikring ASA for approximately NOK 450 million.

First quarter 2021 earnings released: EPS kr2.47 (vs kr3.12 in 1Q 2020)

Upcoming dividend of kr8.00 per share

Full year 2020 earnings released: EPS kr9.25 (vs kr1.30 in FY 2019)

Full year 2020 earnings released: EPS kr9.25 (vs kr1.30 in FY 2019)

Revenue beats expectations

New 90-day high: €13.90

Multiconsult Polska to Provide Technical Support for Construction of Solidarity Transport Hub in Poland

New 90-day high: €12.80

Independent Director recently bought €5.9k worth of stock

Multiconsult Polska Secures Contract from Polish National Roads and Motorways

Independent Director recently bought €5.9k worth of stock

Upcoming Dividend of kr2.00 Per Share

Market bids up stock over the past week

Independent Chairman of the Board recently bought €24k worth of stock

New 90-day high: €10.10

Third quarter 2020 earnings released: EPS kr1.36

Revenue beats expectations

Multiconsult ASA to Report Fiscal Year 2020 Final Results on Mar 26, 2021

New 90-day high - €8.25

Earnings released

Multiconsult ASA to Report Q3, 2021 Results on Nov 03, 2021

New 90-day high - €6.65

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age