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XXL Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Nick Fox

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	1.4yrs
Board average tenure	1.8yrs

Recent management updates

Recent updates

CEO

Nick Fox

less than a year

Tenure

Mr. Nicholas Fox, also known as Nick, is Interim Chief Executive Officer of XXL ASA from June 04, 2025. Nick has been with Frasers group business for over 18 years, during which time he’s held a number of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lars Christiansen	Group Chief Financial Officer	less than a year	NOK 2.99m	no data
Dawid Gosciniak	Chief Operating Officer	1.2yrs	NOK 2.53m	no data
Nicholas Fox	Interim Chief Executive Officer	less than a year	no data	no data
Peter Jansson	EVP of IT & Tech	less than a year	no data	no data
Jan Thommesen	SVP Corporate Communications & Communications Director	no data	no data	no data
Emelie Friis	EVP of Marketing & Growth	1.9yrs	no data	no data
Tolle O. Groterud	Executive Vice President of HR	5.3yrs	no data	no data
Stine Trygg-Hauger	Managing Director of Norway	4.1yrs	no data	no data
Simen Helly-Hansen	Executive Vice President of Category	1.7yrs	no data	no data
Leidulf Holand	Business Controller	no data	no data	no data
Siv Iversen	Controller	no data	no data	no data
Morten Fuglum	Group Controller	no data	no data	no data

1.4yrs

Average Tenure

Experienced Management: 2XX0's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Tor Jacobsen	Employee Representative Director	3.8yrs	NOK 80.00k	0.18% € 1.3m
Tom Jovik	Director	3.1yrs	NOK 390.00k	no data
Kjell Fikerud	Employee Representative Director	1.8yrs	NOK 60.00k	no data
Linn Sletvik	Deputy Board Director	1.8yrs	no data	no data
Thomas Brandsdal	Deputy Board Director	1.8yrs	no data	no data
Iselin Winther	Deputy Board Director	1.8yrs	no data	no data
My Nguyen	Deputy Board Director	1.8yrs	no data	no data
Niklas Hallberg	Deputy Director	1.8yrs	no data	no data
Kine Ludvigsen	Employee Representative Director	no data	no data	0.000040% € 293.5
Ole Skirstad	Director	less than a year	no data	no data
Jon Gausen	Chairman of Board	less than a year	no data	no data
Karina Wigum	Director	less than a year	no data	no data

1.8yrs

Average Tenure

Experienced Board: 2XX0's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/24 07:06
End of Day Share Price	2025/07/01 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

XXL ASA is covered by 6 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.

Analyst	Institution
Preben Rasch-Olsen	Carnegie Investment Bank AB
Martin Stenshall	Danske Bank
Robert Joyce	Goldman Sachs

This company listing is no longer active

XXL Management

Management criteria checks 0/4

Key information

Recent management updates

XXL ASA Approves Board Appointments

XXL ASA, Annual General Meeting, Jun 04, 2025

XXL ASA Appoints Lars Syse Christiansen as Group CFO, Effective August 2024

Xxl Asa Approves Board and Committee Changes

XXL ASA Announces Resignation of Kjersti Hobøl from the Board of Directors

XXL ASA Announces Stein Eriksen, CFO to Step Down This Summer

Recent updates

XXL ASA Approves Board Appointments

Frasers Group Plc (LSE:FRAS) completed the acquisition of 46.32% stake in XXL ASA (OB:XXL) from Altor Fund IV AB a fund managed by Altor Equity Partners AB for approximately NOK 405 million.

Frasers Group Plc (LSE:FRAS) proposed to acquire remaining 67.10% stake in XXL ASA (OB:XXL).

XXL ASA has completed a Follow-on Equity Offering in the amount of NOK 600 million.

Frasers Group Plans Buyout Bid for Norwegian XXL

Third quarter 2024 earnings released

XXL ASA has filed a Follow-on Equity Offering in the amount of NOK 600 million.

New minor risk - Market cap size

XXL ASA, Annual General Meeting, Jun 04, 2025

Second quarter 2024 earnings released: kr0.13 loss per share (vs kr0.63 loss in 2Q 2023)

XXL ASA to Report Q3, 2025 Results on Oct 29, 2025

XXL ASA Appoints Lars Syse Christiansen as Group CFO, Effective August 2024

Xxl Asa Approves Board and Committee Changes

XXL ASA Announces Resignation of Kjersti Hobøl from the Board of Directors

First quarter 2024 earnings released: kr0.13 loss per share (vs kr0.75 loss in 1Q 2023)

XXL ASA Announces Stein Eriksen, CFO to Step Down This Summer

Now 83% overvalued after recent price rise

Now 30% overvalued

Full year 2023 earnings released: kr0.98 loss per share (vs kr1.55 loss in FY 2022)

Less than half of directors are independent

XXL ASA Announces Board Appointments

XXL ASA has completed a Follow-on Equity Offering in the amount of NOK 500.000426 million.

Second quarter 2023 earnings released: kr0.64 loss per share (vs kr0.095 profit in 2Q 2022)

XXL ASA to Report Q4, 2023 Results on Feb 08, 2024

XXL ASA to Report Q3, 2024 Results on Nov 06, 2024

New major risk - Revenue and earnings growth

XXL ASA, Annual General Meeting, Jun 06, 2023

First quarter 2023 earnings released: kr0.75 loss per share (vs kr0.58 loss in 1Q 2022)

Full year 2022 earnings released: kr1.63 loss per share (vs kr0.74 profit in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: kr0.17 (vs kr0.28 in 3Q 2021)

Second quarter 2022 earnings released: EPS: kr0.12 (vs kr0.63 in 2Q 2021)

Independent Chairman of the Board recently bought €567k worth of stock

XXL ASA, Annual General Meeting, Jun 06, 2023

Upcoming dividend of kr0.60 per share

High number of new directors

Inaugural dividend of kr0.99 per share

High number of new directors

Third quarter 2021 earnings released: EPS kr0.28 (vs kr0.63 in 3Q 2020)

Second quarter 2021 earnings released: EPS kr0.63 (vs kr0.66 in 2Q 2020)

First quarter 2021 earnings released: kr0.15 loss per share (vs kr1.11 loss in 1Q 2020)

New 90-day low: €1.74

New 90-day low: €1.78

Third quarter earnings released

Third-quarter earnings released: Revenue misses expectations

New 90-day high: €2.53

New 90-day high: €2.25

CEO