Besqab Management

Management criteria checks 4/4

Besqab's CEO is Magnus Andersson, appointed in Jan 2017, has a tenure of 7.5 years. total yearly compensation is SEK6.40M, comprised of 55.4% salary and 44.6% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth €1.29M. The average tenure of the management team and the board of directors is 4.3 years and 6 years respectively.

Key information

Magnus Andersson

Chief executive officer

SEK 6.4m

Total compensation

CEO salary percentage	55.4%
CEO tenure	7.5yrs
CEO ownership	0.6%
Management average tenure	4.3yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Magnus Andersson's remuneration changed compared to Besqab's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	SEK 43m
Dec 31 2023	SEK 6m	SEK 4m	SEK 168m
Sep 30 2023	n/a	n/a	SEK 78m
Jun 30 2023	n/a	n/a	SEK 21m
Mar 31 2023	n/a	n/a	SEK 14m
Dec 31 2022	SEK 6m	SEK 3m	-SEK 63m
Sep 30 2022	n/a	n/a	-SEK 24m
Jun 30 2022	n/a	n/a	-SEK 18m
Mar 31 2022	n/a	n/a	-SEK 22m
Dec 31 2021	SEK 4m	SEK 3m	SEK 45m
Sep 30 2021	n/a	n/a	SEK 47m
Jun 30 2021	n/a	n/a	SEK 34m
Mar 31 2021	n/a	n/a	SEK 29m
Dec 31 2020	n/a	n/a	-SEK 40m
Sep 30 2020	n/a	n/a	-SEK 45m
Jun 30 2020	n/a	n/a	-SEK 25m
Mar 31 2020	n/a	n/a	SEK 12m
Dec 31 2019	SEK 4m	SEK 2m	SEK 19m
Sep 30 2019	n/a	n/a	SEK 18m
Jun 30 2019	n/a	n/a	SEK 9m
Mar 31 2019	n/a	n/a	-SEK 4m
Dec 31 2018	SEK 3m	SEK 2m	-SEK 614k

Compensation vs Market: Magnus's total compensation ($USD603.10K) is about average for companies of similar size in the German market ($USD778.79K).

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

CEO

Magnus Andersson (52 yo)

7.5yrs

Tenure

SEK 6,401,000

Compensation

Mr. Magnus Andersson has been the Chief Executive Officer of Aros Bostadsutveckling AB (publ) since 2017. He serves as Chief Executive Officer of Besqab AB (publ) since March 22, 2024. Mr. Andersson served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Per Rutegard	Founder & Chairman of the Board	18.5yrs	SEK 2.65m	0.050% SEK 106.0k
Magnus Andersson	Chief Executive Officer	7.5yrs	SEK 6.40m	0.61% SEK 1.3m
Johan Gustavsson	Founder & Director	no data	SEK 450.00k	0.075% SEK 160.1k
Samir Taha	Founder & Director	no data	SEK 1.37m	6.37% SEK 13.6m
Anna Jepson	Chief Financial Officer	no data	no data	no data
David Johansson	Deputy CEO & COO	1.3yrs	no data	no data
Anna Akerlund	Head of Communications & IR	6.5yrs	no data	no data
Emmy Fredenklo	Head of Legal	1.6yrs	no data	no data
Anna Slatteby	Head of Sales & Customer Offer	no data	no data	no data
Charlotte Roempke	HR Director	no data	no data	no data
Henrik Sunden	Head of Project Implementation	7.5yrs	no data	no data
Hanna Bodbacka	Sustainability Director	2.1yrs	no data	no data

4.3yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 9HZ's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Per Rutegard	Founder & Chairman of the Board	18.5yrs	SEK 2.65m	0.050% SEK 106.0k
Johan Gustavsson	Founder & Director	18.5yrs	SEK 450.00k	0.075% SEK 160.1k
Samir Taha	Founder & Director	18.5yrs	SEK 1.37m	6.37% SEK 13.6m
Ossian Ekdahl	Independent Director	1.5yrs	SEK 165.00k	no data
Joakim Alm	Independent Director	1.8yrs	SEK 288.00k	no data
Jorgen Lundgren	Independent Director	5.5yrs	SEK 368.00k	0.030% SEK 64.1k
Ylva Lageson	Independent Director	6.5yrs	SEK 288.00k	0.0045% SEK 9.5k
Hanna Bilir	Independent Board Member	3.5yrs	SEK 288.00k	0.0060% SEK 12.7k

6.0yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 9HZ's board of directors are considered experienced (6 years average tenure).

Besqab Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

Aros Bostadsutveckling AB (publ) Announces CFO Changes, Effective 1 March 2023

Aros Bostad Appoints Joakim Alm to the Board

Aros Bostadsutveckling AB (Publ) Announces Resignation of Ken Wendelin as Deputy CEO

CFO & Deputy CEO recently bought €33k worth of stock

CFO & Deputy CEO recently bought €33k worth of stock

Recent updates

Besqab AB (Publ) Develops More Residential Apartments At Invernesshojden in Danderyd

New minor risk - Earnings quality

New minor risk - Insider selling

New major risk - Shareholder dilution

First quarter 2024 earnings released: kr0.94 loss per share (vs kr1.40 profit in 1Q 2023)

Full year 2023 earnings released: EPS: kr3.43 (vs kr1.59 loss in FY 2022)

Insufficient new directors

Aros Bostadsutveckling AB (publ) (OM:AROS) made an offer to acquire Besqab AB (publ) (OM:BESQ) from a group of shareholders for SEK 1.8 billion.

Aros Bostadsutveckling AB (publ) (OM:AROS) made an offer to acquire Besqab AB (publ) (OM:BESQ) from a group of shareholders for SEK 1.8 billion.

New minor risk - Share price stability

Third quarter 2023 earnings released: EPS: kr1.09 (vs kr0.13 loss in 3Q 2022)

An unknown fund managed by CBRE Investment Management, LLC acquired residential asset in Täby, Greater Stockholm, Sweden from Aros Bostadsutveckling AB (publ) (OM:AROS).

Second quarter 2023 earnings released: kr0.081 loss per share (vs kr0.28 loss in 2Q 2022)

New minor risk - Share price stability

Full year 2022 earnings released: kr1.59 loss per share (vs kr1.27 profit in FY 2021)

Aros Bostadsutveckling AB (publ) Announces CFO Changes, Effective 1 March 2023

Third quarter 2022 earnings released: kr0.13 loss per share (vs kr0.028 profit in 3Q 2021)

Aros Bostad Appoints Joakim Alm to the Board

Aros Bostadsutveckling AB (Publ) Announces Resignation of Ken Wendelin as Deputy CEO

Aros Bostadsutveckling AB (publ) (OM:AROS) acquired LS Slakthusgränd AB from LaTERRE Ventures AB and others.

Aros Bostadsutveckling AB (publ) (OM:AROS) acquired LS Slakthusgränd AB from LaTERRE Ventures AB and others.

Investor sentiment improved over the past week

Aros Bostadsutveckling AB (publ) (OM:AROS) entered into a letter on intent to acquire Portfolio of 1,600 building rights from ALM Equity AB (publ) (OM:ALM).

Aros Bostadsutveckling AB (publ) (OM:AROS) entered into a letter on intent to acquire Portfolio of 1,600 building rights from ALM Equity AB (publ) (OM:ALM).

CFO & Deputy CEO recently bought €33k worth of stock

CFO & Deputy CEO recently bought €33k worth of stock

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

Aros Bostadsutveckling AB (publ) (OM:AROS) acquired Two properties in Edsviken from a private investor.

Founder & Director recently bought €109k worth of stock

Third quarter 2021 earnings: Revenues exceed analyst expectations

Aros Bostadsutveckling AB (publ) (OM:AROS) and Profura Fastigheter AB acquired development project in Uppsala from Södra mark och hus AB.

Second quarter 2021 earnings released: kr0.42 loss per share (vs kr0.59 loss in 2Q 2020)

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age