Europris ASA

DB:2RG Stock Report

Market Cap: €913.0m

Europris Management

Management criteria checks 3/4

Europris' CEO is Espen Eldal, appointed in Apr 2020, has a tenure of 4.58 years. total yearly compensation is NOK8.52M, comprised of 49% salary and 51% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth €3.51M. The average tenure of the management team and the board of directors is 4.6 years and 9.8 years respectively.

Key information

Espen Eldal

Chief executive officer

NOK 8.5m

Total compensation

CEO salary percentage49.0%
CEO tenure4.6yrs
CEO ownership0.4%
Management average tenure4.6yrs
Board average tenure9.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Espen Eldal's remuneration changed compared to Europris's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 831m

Jun 30 2024n/an/a

NOK 891m

Mar 31 2024n/an/a

NOK 884m

Dec 31 2023NOK 9mNOK 4m

NOK 909m

Sep 30 2023n/an/a

NOK 895m

Jun 30 2023n/an/a

NOK 938m

Mar 31 2023n/an/a

NOK 1b

Dec 31 2022NOK 6mNOK 4m

NOK 1b

Sep 30 2022n/an/a

NOK 1b

Jun 30 2022n/an/a

NOK 1b

Mar 31 2022n/an/a

NOK 1b

Dec 31 2021NOK 5mNOK 4m

NOK 1b

Sep 30 2021n/an/a

NOK 957m

Jun 30 2021n/an/a

NOK 944m

Mar 31 2021n/an/a

NOK 908m

Dec 31 2020NOK 3mNOK 3m

NOK 804m

Sep 30 2020n/an/a

NOK 649m

Jun 30 2020n/an/a

NOK 544m

Mar 31 2020n/an/a

NOK 400m

Dec 31 2019NOK 2mNOK 2m

NOK 375m

Sep 30 2019n/an/a

NOK 387m

Jun 30 2019n/an/a

NOK 363m

Mar 31 2019n/an/a

NOK 396m

Dec 31 2018NOK 2mNOK 2m

NOK 429m

Sep 30 2018n/an/a

NOK 403m

Jun 30 2018n/an/a

NOK 406m

Mar 31 2018n/an/a

NOK 399m

Dec 31 2017NOK 2mNOK 2m

NOK 390m

Compensation vs Market: Espen's total compensation ($USD769.26K) is below average for companies of similar size in the German market ($USD1.46M).

Compensation vs Earnings: Espen's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Espen Eldal (52 yo)

4.6yrs

Tenure

NOK 8,521,000

Compensation

Mr. Espen Eldal is Independent Director of Matas A/S from June 19, 2024. Mr. Eldal serves as Chief Executive Officer at Europris ASA since April 29, 2020. He was Acting Chief Executive Officer at Europris...

Leadership Team

NamePositionTenureCompensationOwnership
Espen Eldal
Chief Executive Officer4.6yrsNOK 8.52m0.38%
€ 3.5m
Stina Byre
Chief Financial Officer3.8yrsNOK 3.12m0.017%
€ 157.8k
Torhild Larsen
Chief Group Accountant15.1yrsno datano data
Trine Englokken
Head of investor relationsno datano datano data
Renate Spernes
Vice President of Strategy & Sustainabilityno datano data0.00059%
€ 5.4k
Martin Bjørklund
Group Projects & Investor Relations Directorno dataNOK 80.00kno data
André Sjåsæt
Vice President of Strategic Projectsno datano datano data

4.6yrs

Average Tenure

Experienced Management: 2RG's management team is considered experienced (4.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Tom Rygh
Independent Chairman of the Board9.8yrsNOK 300.00k0.38%
€ 3.5m
Hege Bomark
Independent Director9.8yrsno data0.0050%
€ 45.4k
Pal Wibe
Independent Director4.8yrsNOK 5.09m0.088%
€ 800.9k
Jon Klafstad
Independent Director1.6yrsno data0.0041%
€ 37.6k
Bente Sollid Storehaug
Independent Director9.8yrsno data0.0013%
€ 11.4k

9.8yrs

Average Tenure

59yo

Average Age

Experienced Board: 2RG's board of directors are considered experienced (9.8 years average tenure).