Midsummer AB (publ)

DB:5UX Stock Report

Market Cap: €18.0m

Midsummer Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Eric Jaremalm

Chief executive officer

SEK 2.6m

Total compensation

CEO salary percentage76.4%
CEO tenureless than a year
CEO ownership0.4%
Management average tenureno data
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eric Jaremalm's remuneration changed compared to Midsummer's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-SEK 221m

Mar 31 2024n/an/a

-SEK 204m

Dec 31 2023SEK 3mSEK 2m

-SEK 222m

Sep 30 2023n/an/a

-SEK 185m

Jun 30 2023n/an/a

-SEK 179m

Mar 31 2023n/an/a

-SEK 175m

Dec 31 2022SEK 2mSEK 2m

-SEK 88m

Sep 30 2022n/an/a

-SEK 94m

Jun 30 2022n/an/a

-SEK 67m

Mar 31 2022n/an/a

-SEK 52m

Dec 31 2021SEK 2mSEK 2m

-SEK 130m

Sep 30 2021n/an/a

-SEK 122m

Jun 30 2021n/an/a

-SEK 140m

Mar 31 2021n/an/a

-SEK 120m

Dec 31 2020SEK 2mSEK 2m

-SEK 92m

Sep 30 2020n/an/a

-SEK 75m

Jun 30 2020n/an/a

-SEK 63m

Mar 31 2020n/an/a

-SEK 47m

Dec 31 2019SEK 2mSEK 1m

-SEK 40m

Sep 30 2019n/an/a

-SEK 15m

Jun 30 2019n/an/a

SEK 22m

Mar 31 2019n/an/a

SEK 34m

Dec 31 2018SEK 1mSEK 1m

SEK 37m

Dec 31 2017SEK 1mSEK 981k

SEK 23m

Compensation vs Market: Eric's total compensation ($USD233.13K) is below average for companies of similar size in the German market ($USD472.15K).

Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.

CEO

Eric Jaremalm (50 yo)

less than a year

Tenure

SEK 2,564,000

Compensation

Mr. Eric Jaremalm serves as Chief Executive Officer of Midsummer AB (publ) since February 01, 2024. He is Co-Founder of Midsummer AB (publ) and served as its Deputy Chief Executive Officer since September...

Board Members

NamePositionTenureCompensationOwnership
Sven Lindström
Co-Founder20.8yrsSEK 3.69m0.19%
€ 34.6k
Jan Lombach
Independent Director18.8yrsSEK 271.00k4.07%
€ 733.3k
Lars-Ola Lundkvist
Independent Director2.8yrsSEK 271.00k0.0073%
€ 1.3k
Robert Sjöström
Chairman of the Board1.8yrsSEK 233.00k0.20%
€ 36.2k
Mikael Nicander
Director1.8yrsSEK 146.00kno data
Philip Gao
Independent Director9.8yrsno data3.01%
€ 542.3k
Hans Waldaeus
Directorless than a yearno datano data
Christel Prinsen
Director1.8yrsSEK 146.00k0.39%
€ 69.6k

2.3yrs

Average Tenure

58yo

Average Age

Experienced Board: 5UX's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.