Circio Holding ASA

DB:TA50 Stock Report

Market Cap: €2.8m

Circio Holding Management

Management criteria checks 4/4

Circio Holding's CEO is Erik Wiklund, appointed in Oct 2021, has a tenure of 3.17 years. total yearly compensation is NOK2.60M, comprised of 95.7% salary and 4.3% bonuses, including company stock and options. directly owns 0.63% of the company’s shares, worth €17.52K. The average tenure of the management team and the board of directors is 3.2 years and 4.4 years respectively.

Key information

Erik Wiklund

Chief executive officer

NOK 2.6m

Total compensation

CEO salary percentage95.7%
CEO tenure3.2yrs
CEO ownership0.6%
Management average tenure3.2yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Erik Wiklund's remuneration changed compared to Circio Holding's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

NOK 9m

Mar 31 2024n/an/a

-NOK 51m

Dec 31 2023NOK 3mNOK 2m

-NOK 111m

Sep 30 2023n/an/a

-NOK 446m

Jun 30 2023n/an/a

-NOK 449m

Mar 31 2023n/an/a

-NOK 440m

Dec 31 2022NOK 4mNOK 3m

-NOK 433m

Sep 30 2022n/an/a

-NOK 107m

Jun 30 2022n/an/a

-NOK 110m

Mar 31 2022n/an/a

-NOK 106m

Dec 31 2021NOK 3mNOK 2m

-NOK 98m

Sep 30 2021n/an/a

-NOK 98m

Jun 30 2021n/an/a

-NOK 97m

Mar 31 2021n/an/a

-NOK 105m

Dec 31 2020NOK 3mNOK 2m

-NOK 108m

Sep 30 2020n/an/a

-NOK 117m

Jun 30 2020n/an/a

-NOK 120m

Mar 31 2020n/an/a

-NOK 132m

Dec 31 2019NOK 2mNOK 2m

-NOK 148m

Sep 30 2019n/an/a

-NOK 153m

Jun 30 2019n/an/a

-NOK 162m

Mar 31 2019n/an/a

-NOK 153m

Dec 31 2018NOK 2mNOK 2m

-NOK 147m

Sep 30 2018n/an/a

-NOK 139m

Jun 30 2018n/an/a

-NOK 132m

Mar 31 2018n/an/a

-NOK 129m

Dec 31 2017NOK 942kNOK 883k

-NOK 122m

Compensation vs Market: Erik's total compensation ($USD227.36K) is below average for companies of similar size in the German market ($USD470.78K).

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

CEO

Erik Wiklund

3.2yrs

Tenure

NOK 2,603,000

Compensation

Dr. Erik Digman Wiklund serves as Chief Executive Officer of Circio Holding ASA (formerly known as Targovax ASA) since October 2021 and had been its Chief Business Officer since September 24, 2018 until Oc...

Leadership Team

NamePositionTenureCompensationOwnership
Erik Wiklund
Chief Executive Officer3.2yrsNOK 2.60m0.63%
€ 17.5k
Lubor Gaal
CFO & Head of BD2.8yrsNOK 2.88m0.21%
€ 5.8k
Ola Melin
Chief Operating Officerless than a yearNOK 1.97m0.21%
€ 5.9k
Thomas Hansen
Chief Technology Officerless than a yearNOK 1.97m0.21%
€ 5.8k
Victor Levitsky
Chief Scientific Officer4.6yrsNOK 790.00k0.21%
€ 5.8k
Jon Eriksen
Special Advisor7yrsNOK 1.86mno data
Gustav Gaudernack
Chief Scientific Adviserno datano datano data
Peter Skorpil
Vice President of Business Development9.7yrsNOK 1.07mno data

3.2yrs

Average Tenure

Experienced Management: TA50's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Diane Mellett
Independent Non-Executive Director9.3yrsNOK 371.00k0.29%
€ 8.0k
Thomas Falck
Director2.7yrsNOK 357.00k0.21%
€ 5.8k
Robert Burns
Independent Director9.4yrsNOK 352.00k0.15%
€ 4.2k
Damian Marron
Chairman of the Board4.7yrsNOK 589.00k0.37%
€ 10.4k
Dmitriy Zamarin
Member of Medical Advisory Board4.2yrsno datano data
Dean Fennell
Member of Scientific Advisory Board4.2yrsno datano data

4.4yrs

Average Tenure

63yo

Average Age

Experienced Board: TA50's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 08:06
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
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

Circio Holding ASA is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Arvid NecanderCarnegie Investment Bank AB
Geir HolomDNB Markets
Jonas PeciulisEdison Investment Research