CombinedX AB (publ)

DB:K13 Stock Report

Market Cap: €63.9m

CombinedX Management

Management criteria checks 4/4

CombinedX's CEO is Joergen Qwist, appointed in Jan 2020, has a tenure of 5.75 years. total yearly compensation is SEK3.40M, comprised of 76.5% salary and 23.5% bonuses, including company stock and options. directly owns 5.88% of the company’s shares, worth €3.76M. The average tenure of the management team and the board of directors is 3.8 years and 4.8 years respectively.

Key information

Joergen Qwist

Chief executive officer

SEK 3.4m

Total compensation

CEO salary percentage76.47%
CEO tenure5.8yrs
CEO ownership5.9%
Management average tenure3.8yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joergen Qwist's remuneration changed compared to CombinedX's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

SEK 47m

Jun 30 2025n/an/a

SEK 46m

Mar 31 2025n/an/a

SEK 51m

Dec 31 2024SEK 3mSEK 3m

SEK 51m

Sep 30 2024n/an/a

SEK 53m

Jun 30 2024n/an/a

SEK 63m

Mar 31 2024n/an/a

SEK 70m

Dec 31 2023SEK 4mSEK 3m

SEK 71m

Sep 30 2023n/an/a

SEK 62m

Jun 30 2023n/an/a

SEK 50m

Mar 31 2023n/an/a

SEK 41m

Dec 31 2022SEK 3mSEK 2m

SEK 35m

Sep 30 2022n/an/a

SEK 36m

Jun 30 2022n/an/a

SEK 39m

Mar 31 2022n/an/a

SEK 51m

Dec 31 2021SEK 3mSEK 2m

SEK 49m

Compensation vs Market: Joergen's total compensation ($USD362.68K) is about average for companies of similar size in the German market ($USD498.95K).

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

CEO

Joergen Qwist (53 yo)

5.8yrs
Tenure
SEK 3,400,000
Compensation

Mr. Joergen Qwist serves as President and Chief Executive Officer at CombinedX AB (publ) since 2020. He served as the Chief Executive Officer of DGC One AB since 1999 and served as its President since 2002...

Leadership Team

NamePositionTenureCompensationOwnership
Joergen Qwist
President & CEO5.8yrsSEK 3.40m5.88%
€ 3.8m
Anna Hedstrom
Chief Financial Officer3.8yrsno data0.014%
€ 9.0k
Bjorn Magnusson
Head of Administration & Information Officer3.8yrsno data1.87%
€ 1.2m
Rikard Bostrom
Head of X-Sales5.8yrsno data0.18%
€ 118.0k
Mattias Dyberg
Chief Executive Officer of Elvenite5.8yrsno data0.65%
€ 418.3k
Christofer Jarlesjo
Chief Executive Officer of Two8.8yrsno data0.23%
€ 150.0k
Jonas Aronsson
Chief Executive Officer of Ninetech6.8yrsno data0.41%
€ 264.7k
Boel Sjostrand
Deputy CEO2.8yrsno datano data
Erik Holth
Chief Executive Officer of Align Consulting Norwayless than a yearno datano data
Per Aronsson
Chief Executive Officer of Align Consulting Swedenless than a yearno datano data
Eva Sandberg
Chief Executive Officer of Netgain3.8yrsno datano data
Johan Ripe
Chief Executive Officer of Nethouse AB1.8yrsno datano data
3.8yrs
Average Tenure
53yo
Average Age

Experienced Management: K13's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Niklas Flyborg
Independent Director3.8yrsSEK 300.00kno data
Jessica Petrini
Independent Director7.8yrsSEK 300.00kno data
Joakim Alkman
Independent Director4.8yrsSEK 300.00k4.08%
€ 2.6m
Niklas Hellberg
Independent Chairman of the Board12.8yrsSEK 700.00k2.83%
€ 1.8m
Christian Hellman
Independent Director2.8yrsSEK 300.00kno data
4.8yrs
Average Tenure
61yo
Average Age

Experienced Board: K13's board of directors are considered experienced (4.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/27 04:38
End of Day Share Price 2025/10/27 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

CombinedX AB (publ) is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fredrik NilssonRedeye
Anton HoofRedeye