Selvaag Bolig ASA

DB:S2B Stock Report

Market Cap: €259.0m

Selvaag Bolig Management

Management criteria checks 4/4

Selvaag Bolig's CEO is Sverre Molvik, appointed in Oct 2020, has a tenure of 4.08 years. total yearly compensation is NOK9.36M, comprised of 42.3% salary and 57.7% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth €1.36M. The average tenure of the management team and the board of directors is 4 years and 6.5 years respectively.

Key information

Sverre Molvik

Chief executive officer

NOK 9.4m

Total compensation

CEO salary percentage42.3%
CEO tenure4.1yrs
CEO ownership0.5%
Management average tenure4yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sverre Molvik's remuneration changed compared to Selvaag Bolig's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 239m

Jun 30 2024n/an/a

NOK 263m

Mar 31 2024n/an/a

NOK 235m

Dec 31 2023NOK 9mNOK 4m

NOK 245m

Sep 30 2023n/an/a

NOK 182m

Jun 30 2023n/an/a

NOK 241m

Mar 31 2023n/an/a

NOK 366m

Dec 31 2022NOK 9mNOK 4m

NOK 339m

Sep 30 2022n/an/a

NOK 512m

Jun 30 2022n/an/a

NOK 586m

Mar 31 2022n/an/a

NOK 466m

Dec 31 2021NOK 8mNOK 4m

NOK 505m

Sep 30 2021n/an/a

NOK 530m

Jun 30 2021n/an/a

NOK 479m

Mar 31 2021n/an/a

NOK 471m

Dec 31 2020NOK 8mNOK 4m

NOK 2b

Sep 30 2020n/an/a

NOK 2b

Jun 30 2020n/an/a

NOK 2b

Mar 31 2020n/an/a

NOK 2b

Dec 31 2019NOK 9mNOK 3m

NOK 655m

Sep 30 2019n/an/a

NOK 739m

Jun 30 2019n/an/a

NOK 613m

Mar 31 2019n/an/a

NOK 520m

Dec 31 2018NOK 7mNOK 3m

NOK 567m

Sep 30 2018n/an/a

NOK 366m

Jun 30 2018n/an/a

NOK 326m

Mar 31 2018n/an/a

NOK 356m

Dec 31 2017NOK 6mNOK 2m

NOK 401m

Compensation vs Market: Sverre's total compensation ($USD844.28K) is about average for companies of similar size in the German market ($USD793.15K).

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

CEO

Sverre Molvik (53 yo)

4.1yrs

Tenure

NOK 9,364,000

Compensation

Mr. Sverre Molvik has been Group Chief Executive Officer of Selvaag Bolig ASA since October 19, 2020 and serves as its President. He served as its Chief Financial Officer of Selvaag Bolig ASA since January...

Leadership Team

NamePositionTenureCompensationOwnership
Sverre Molvik
President & Group CEO4.1yrsNOK 9.36m0.52%
€ 1.4m
Christopher Brunvoll
Chief Financial Officer3.7yrsNOK 8.00k0.29%
€ 763.7k
Oystein Klungland
Chief Operating Officer4.1yrsNOK 7.67m0.52%
€ 1.4m
Kristoffer Gregersen
Executive Vice President of Communicationsno dataNOK 3.37m0.24%
€ 622.8k
Line Mjell
Executive Vice President of Market3.8yrsno data0.20%
€ 506.7k

4.0yrs

Average Tenure

Experienced Management: S2B's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gisele Marchand
Independent Deputy Chair of the Board12.8yrsNOK 480.00k0.011%
€ 29.7k
Olav Selvaag
Chairman of the Board16.8yrsNOK 555.00kno data
Oystein Thorup
Independent Director4.6yrsno data0.0052%
€ 13.5k
Tore Myrvold
Director6.5yrsNOK 405.00k0.020%
€ 52.6k
Camilla Wahl
Independent Director4.6yrsno data0.0046%
€ 11.9k
Marianne Ornsrud
Alternate Directorno dataNOK 32.00kno data
Sissel Kragnes
Employee-Elected Director7.6yrsNOK 37.00kno data
Camilla Stensrud
Alternate Directorno datano datano data
Patrik Eriksson
Employee-Elected Director3.6yrsno data0.012%
€ 29.8k

6.5yrs

Average Tenure

53.5yo

Average Age

Experienced Board: S2B's board of directors are considered experienced (6.5 years average tenure).