Nordic LEVEL Group AB (publ.)

DB:9T2 Stock Report

Market Cap: €12.0m

Nordic LEVEL Group AB (publ.) Management

Management criteria checks 3/4

Nordic LEVEL Group AB (publ.)'s CEO is Jorgen Lundgren, appointed in Jan 2022, has a tenure of 3.75 years. total yearly compensation is SEK3.36M, comprised of 58.9% salary and 41.1% bonuses, including company stock and options. directly owns 0.85% of the company’s shares, worth €101.61K. The average tenure of the management team and the board of directors is 1.4 years and 3 years respectively.

Key information

Jorgen Lundgren

Chief executive officer

SEK 3.4m

Total compensation

CEO salary percentage58.93%
CEO tenure3.8yrs
CEO ownership0.8%
Management average tenure1.4yrs
Board average tenure3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jorgen Lundgren's remuneration changed compared to Nordic LEVEL Group AB (publ.)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

-SEK 10m

Mar 31 2025n/an/a

-SEK 15m

Dec 31 2024SEK 3mSEK 2m

-SEK 6m

Sep 30 2024n/an/a

-SEK 13m

Jun 30 2024n/an/a

-SEK 5m

Mar 31 2024n/an/a

SEK 8m

Dec 31 2023SEK 4mSEK 2m

-SEK 2m

Sep 30 2023n/an/a

SEK 4m

Jun 30 2023n/an/a

SEK 4m

Mar 31 2023n/an/a

-SEK 9m

Dec 31 2022SEK 82kn/a

-SEK 12m

Compensation vs Market: Jorgen's total compensation ($USD357.86K) is about average for companies of similar size in the German market ($USD493.73K).

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

CEO

Jorgen Lundgren (58 yo)

3.8yrs
Tenure
SEK 3,360,000
Compensation

Mr. Jorgen Lundgren serves as served as Chief Executive Officer at Annehem Fastigheter AB since March 23, 2020 until August 2022 and served as its Head of Investor Relations. He serves as Chairman of the b...

Leadership Team

NamePositionTenureCompensationOwnership
Jorgen Lundgren
Chief Executive Officer3.8yrsSEK 3.36m0.85%
€ 101.6k
Kristian Hansen
Chief Financial Officer1.8yrsno datano data
Victoria Machreki
CHROless than a yearno datano data
Mikael Pettersson
CEO & COO of Nordic Level Technology1.1yrsSEK 1.44mno data
Martin Borsvik
Chief Executive Officer of Nordic Level Advisory2.8yrsno datano data
Jalal Anabtawi
Chief Executive Officer of Nordic Level Technology1.1yrsno datano data
1.4yrs
Average Tenure
49yo
Average Age

Experienced Management: 9T2's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Samir Taha
Chairman3.8yrsSEK 350.00k2.04%
€ 245.1k
Daniel Skalin
Director4.8yrsSEK 165.00kno data
Lars Nilsson
Independent Director1.8yrsSEK 96.00kno data
David Berndt
Director2.3yrsSEK 165.00kno data
Mia Arnhult
Directorno datano datano data
3.0yrs
Average Tenure
55yo
Average Age

Experienced Board: 9T2's board of directors are considered experienced (3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/24 06:52
End of Day Share Price 2025/10/24 00:00
Earnings2025/06/30
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

Nordic LEVEL Group AB (publ.) is covered by 1 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
Markus AlmerudDNB Carnegie Commissioned Research