Selvaag Bolig ASA

DB:S2B Stock Report

Market Cap: €287.9m

Selvaag Bolig Management

Management criteria checks 4/4

Selvaag Bolig's CEO is Sverre Molvik, appointed in Oct 2020, has a tenure of 3.5 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 €1.51M. The average tenure of the management team and the board of directors is 3.4 years and 5.9 years respectively.

Key information

Sverre Molvik

Chief executive officer

kr9.4m

Total compensation

CEO salary percentage42.3%
CEO tenure3.5yrs
CEO ownership0.5%
Management average tenure3.4yrs
Board average tenure5.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sverre Molvik's remuneration changed compared to Selvaag Bolig's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023kr9mkr4m

kr245m

Sep 30 2023n/an/a

kr182m

Jun 30 2023n/an/a

kr241m

Mar 31 2023n/an/a

kr366m

Dec 31 2022kr9mkr4m

kr339m

Sep 30 2022n/an/a

kr512m

Jun 30 2022n/an/a

kr586m

Mar 31 2022n/an/a

kr466m

Dec 31 2021kr8mkr4m

kr505m

Sep 30 2021n/an/a

kr530m

Jun 30 2021n/an/a

kr479m

Mar 31 2021n/an/a

kr471m

Dec 31 2020kr8mkr4m

kr2b

Sep 30 2020n/an/a

kr2b

Jun 30 2020n/an/a

kr2b

Mar 31 2020n/an/a

kr2b

Dec 31 2019kr9mkr3m

kr655m

Sep 30 2019n/an/a

kr739m

Jun 30 2019n/an/a

kr613m

Mar 31 2019n/an/a

kr520m

Dec 31 2018kr7mkr3m

kr567m

Sep 30 2018n/an/a

kr366m

Jun 30 2018n/an/a

kr326m

Mar 31 2018n/an/a

kr356m

Dec 31 2017kr6mkr2m

kr401m

Compensation vs Market: Sverre's total compensation ($USD852.95K) is about average for companies of similar size in the German market ($USD1.02M).

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

CEO

Sverre Molvik (52 yo)

3.5yrs

Tenure

kr9,364,000

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 CEO3.5yrskr9.36m0.52%
NOK 1.5m
Christopher Brunvoll
Chief Financial Officer3.1yrskr8.00k0.29%
NOK 849.0k
Oystein Klungland
Chief Operating Officer3.5yrskr7.67m0.52%
NOK 1.5m
Kristoffer Gregersen
Executive Vice President of Communicationsno datakr3.37m0.24%
NOK 692.3k
Line Mjell
Executive Vice President of Market3.3yrsno data0.20%
NOK 563.3k

3.4yrs

Average Tenure

Experienced Management: S2B's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gisele Marchand
Independent Deputy Chair of the Board12.3yrskr480.00k0.011%
NOK 30.8k
Olav Selvaag
Chairman of the Board16.3yrskr555.00kno data
Oystein Thorup
Independent Director4yrsno data0.0045%
NOK 12.9k
Tore Myrvold
Director5.9yrskr405.00k0.019%
NOK 55.3k
Camilla Wahl
Independent Director4yrsno datano data
Marianne Ornsrud
Alternate Directorno datakr32.00kno data
Sissel Kragnes
Employee-Elected Director7yrskr37.00kno data
Camilla Stensrud
Alternate Directorno datano datano data
Patrik Eriksson
Employee-Elected Director3yrsno data0.012%
NOK 33.1k

5.9yrs

Average Tenure

52.5yo

Average Age

Experienced Board: S2B's board of directors are considered experienced (5.9 years average tenure).

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