Norva24 Group Management

Management criteria checks 2/4

Norva24 Group's CEO is Henrik Norrbom, appointed in Sep 2023, has a tenure of 1.17 years. directly owns 0.04% of the company’s shares, worth €193.90K. The average tenure of the management team and the board of directors is 2.7 years and 6.8 years respectively.

Key information

Henrik Norrbom

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.2yrs
CEO ownership	0.04%
Management average tenure	2.7yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO

Henrik Norrbom (47 yo)

1.2yrs

Tenure

Mr. Henrik Norrbom serves as Group Chief Executive Officer at Norva24 Group AB (Publ) since September 18, 2023. He served as Managing Director of Cramo AB at Cramo Oyj until 2023. He served as an Executive...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Henrik Norrbom	Group Chief Executive Officer	1.2yrs	no data	0.040% € 193.9k
Stein Yndestad	Chief Financial Officer	less than a year	no data	0.29% € 1.4m
Sture Stolen	Head of IR	no data	no data	no data
Tore Hansen	Chief Executive Officer of Norway	5.8yrs	no data	0.056% € 270.7k
Bertolt Gartner	Chief Executive Officer of Germany	4.8yrs	no data	0.034% € 166.9k
Tim Normann	Chief Executive Officer of Denmark	3.8yrs	no data	0% € 0
Mikael Smedborn	Chief Executive Officer of Sweden	1.6yrs	no data	no data

2.7yrs

Average Tenure

56.5yo

Average Age

Experienced Management: WG0's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Arild Bodal	Chairman of the Board	9.8yrs	NOK 356.00k	8.01% € 39.0m
Ulrika Ostlund	Independent Director	3.8yrs	NOK 346.00k	0.027% € 133.0k
Fredrik Karlsson	Director	less than a year	no data	no data
Allan Engstrom	Director	9.8yrs	no data	no data
Linus Lundmark	Director	9.8yrs	no data	no data
Monica Reib	Independent Director	3.8yrs	NOK 306.00k	0.021% € 101.3k

6.8yrs

Average Tenure

54yo

Average Age

Experienced Board: WG0's board of directors are considered experienced (6.8 years average tenure).

Norva24 Group Management

Management criteria checks 2/4

Key information

Recent management updates

Norva24 Group AB (Publ), Annual General Meeting, May 13, 2025

Chief Executive Officer of Germany recently sold €151k worth of stock

Chief Executive Officer of Norway recently sold €333k worth of stock

Insufficient new directors

Norva24 Group AB Announces Chief Financial Officer Changes

Norva24 Group AB (Publ) Announces Nomination Committee

Recent updates

Norva24 Group AB (Publ), Annual General Meeting, May 13, 2025

Investor sentiment improves as stock rises 15%

Second quarter 2024 earnings released: EPS: kr0.31 (vs kr0.31 in 2Q 2023)

Chief Executive Officer of Germany recently sold €151k worth of stock

First quarter 2024 earnings released: EPS: kr0.12 (vs kr0.18 in 1Q 2023)

Full year 2023 earnings released: EPS: kr1.24 (vs kr0.76 in FY 2022)

Chief Executive Officer of Norway recently sold €333k worth of stock

Full year 2023 earnings released: EPS: kr1.24 (vs kr0.76 in FY 2022)

Norva24 Group AB (Publ) to Report Fiscal Year 2023 Results on Apr 22, 2024

Insufficient new directors

Norva24 Group AB Announces Chief Financial Officer Changes

Norva24 Group AB (Publ) Announces Nomination Committee

Third quarter 2023 earnings released: EPS: kr0.39 (vs kr0.27 in 3Q 2022)

New minor risk - Share price stability

Norva24 Group AB (Publ) to Report Fiscal Year 2024 Results on Feb 19, 2025

Second quarter 2023 earnings released: EPS: kr0.31 (vs kr0.32 in 2Q 2022)

New minor risk - Share price stability

Norva24 Group AB (Publ) Announces Executive Changes

Norva24 Group AB (Publ) Approves the Election of Pontus Boman as New Member of the Board of Directors

Full year 2022 earnings released: EPS: kr0.76 (vs kr0.85 in FY 2021)

Full year 2022 earnings released: EPS: kr0.76 (vs kr0.85 in FY 2021)

Norva24 Group AB (Publ) Announces Henrik Damgaard Decides to Step Down as CEO

Norva24 Group AB (Publ) (OM:NORVA) acquired Septik Tank Co As and Nrc Gravco As from NRC Group ASA (OB:NRC).

Norva24 Group AB (Publ) (OM:NORVA) agreed to acquire Septik Tank Co As/Nrc Gravco As from NRC Group ASA (OB:NRC).

Third quarter 2022 earnings released

Norva24 Group AB (Publ) to Report Q1, 2023 Results on May 23, 2023

Norva24 Group AB (Publ), Annual General Meeting, May 25, 2023

Norva24 Group AB (Publ) (OM:NORVA) acquired CKS Express Baumanagement GmbH and CKS Rohr Express e.K.

Norva24 Group AB (Publ) (OM:NORVA) agreed to acquire Jutzy Haustechnik & Service GmbH

Second quarter 2022 earnings released

Norva24 Group AB (Publ) Appointis Dean Zuzic as Group Chief Financial Officer

First quarter 2022 earnings released

Norva24 Group AB (Publ) to Report Nine Months, 2022 Results on Nov 23, 2022

Norva24 Group AB (Publ) to Report First Half, 2022 Results on Aug 24, 2022

Full year 2021 earnings released: EPS: kr0.85 (vs kr1.87 in FY 2020)

Investor sentiment improved over the past week

Norva24 Group AB (Publ) (OM:NORVA) signed an agreement to acquire Rohr-Frei-Schnelldienst Axel Zimmerbeutel GmbH.

Norva24 Group AB (Publ) to Report Fiscal Year 2021 Results on Feb 28, 2022

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age