Matas Management
Management criteria checks 3/4
Matas' CEO is Per Madsen, appointed in Aug 2022, has a tenure of 3.33 years. total yearly compensation is DKK10.00M, comprised of 30% salary and 70% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth €967.71K. The average tenure of the management team and the board of directors is 2.3 years and 3.5 years respectively.
Key information
Per Madsen
Chief executive officer
DKK 10.0m
Total compensation
| CEO salary percentage | 30.00% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.3yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | DKK 287m |
| Jun 30 2025 | n/a | n/a | DKK 287m |
| Mar 31 2025 | DKK 10m | DKK 3m | DKK 282m |
| Dec 31 2024 | n/a | n/a | DKK 240m |
| Sep 30 2024 | n/a | n/a | DKK 201m |
| Jun 30 2024 | n/a | n/a | DKK 179m |
| Mar 31 2024 | DKK 12m | DKK 3m | DKK 169m |
| Dec 31 2023 | n/a | n/a | DKK 232m |
| Sep 30 2023 | n/a | n/a | DKK 216m |
| Jun 30 2023 | n/a | n/a | DKK 261m |
| Mar 31 2023 | DKK 4m | DKK 2m | DKK 281m |
Compensation vs Market: Per's total compensation ($USD1.57M) is above average for companies of similar size in the German market ($USD1.18M).
Compensation vs Earnings: Per's compensation has been consistent with company performance over the past year.
CEO
Per Madsen (57 yo)
Mr. Per Johannesen Madsen serves as Group Chief Financial Officer at Matas A/S since August 1, 2022 and serves as its Interim Group CEO from November 15, 2025. He has experience as Finance Director and CFO...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim Group CEO & Group Chief Financial Officer | 3.3yrs | DKK 10.00m | 0.16% € 967.7k | |
| ?Executive Vice President of Group Operations | 2.3yrs | no data | no data | |
| Head of IR & Treasury | 2.9yrs | no data | no data | |
| VP of Communication & Public Affairs | no data | no data | no data | |
| Advisor | 3.5yrs | DKK 5.90m | no data | |
| Executive Vice President of Group Digital & Loyalty | 1.7yrs | no data | no data | |
| Executive Vice President of Matas | 2.3yrs | no data | no data | |
| ?Executive Vice President of Group Commercial | 1.7yrs | no data | no data | |
| Executive Vice President of KICKS | 2.3yrs | no data | no data | |
| Logistics Director | no data | no data | no data |
Experienced Management: 1MTA's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Deputy Chairman of the Board | 8.5yrs | DKK 1.00m | 0.0045% € 28.2k | |
| Director | 1.5yrs | no data | 0.0030% € 18.6k | |
| Independent Director | 1.5yrs | no data | no data | |
| Independent Chairman | 2.5yrs | no data | 0.0053% € 33.2k | |
| Independent Director | 5.5yrs | no data | 0.0053% € 33.2k | |
| Independent Director | 4.5yrs | no data | 0.0014% € 8.9k |
Experienced Board: 1MTA's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/29 17:07 |
| End of Day Share Price | 2025/12/23 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Matas A/S is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Borreskov | Carnegie Investment Bank AB |
| Poul Jessen | Danske Bank |
| Mads Quistgaard | DNB Carnegie |