Ovzon Management
Management criteria checks 3/4
Ovzon's CEO is Per Noren, appointed in May 2021, has a tenure of 3.58 years. total yearly compensation is SEK5.51M, comprised of 91.4% salary and 8.6% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €236.61K. The average tenure of the management team and the board of directors is 4.3 years and 3.2 years respectively.
Key information
Per Noren
Chief executive officer
SEK 5.5m
Total compensation
| CEO salary percentage | 91.4% |
| CEO tenure | 3.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.3yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -SEK 79m |
| Jun 30 2024 | n/a | n/a | -SEK 76m |
| Mar 31 2024 | n/a | n/a | -SEK 84m |
| Dec 31 2023 | SEK 6m | SEK 5m | -SEK 60m |
| Sep 30 2023 | n/a | n/a | -SEK 115m |
| Jun 30 2023 | n/a | n/a | -SEK 83m |
| Mar 31 2023 | n/a | n/a | -SEK 43m |
| Dec 31 2022 | SEK 5m | SEK 4m | -SEK 36m |
| Sep 30 2022 | n/a | n/a | -SEK 15m |
| Jun 30 2022 | n/a | n/a | -SEK 30m |
| Mar 31 2022 | n/a | n/a | -SEK 85m |
| Dec 31 2021 | SEK 4m | SEK 2m | -SEK 84m |
Compensation vs Market: Per's total compensation ($USD496.88K) is below average for companies of similar size in the German market ($USD900.29K).
Compensation vs Earnings: Per's compensation has increased whilst the company is unprofitable.
CEO
Per Noren (59 yo)
3.6yrs
Tenure
SEK 5,505,000
Compensation
Mr. Per Noren has been President and Chief Executive Officer at Ovzon AB (publ) since May 1, 2021. He serves as Director of Vikom V st AB, Center for Business Innovation, Chalmers University of Technology...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 3.6yrs | SEK 5.51m | 0.14% € 236.6k | |
| Interim CFO | less than a year | no data | no data | |
| Chief Operating Officer | 4.9yrs | no data | 0.055% € 91.9k | |
| Chief Technology Officer | no data | SEK 1.36m | 0.32% € 536.3k | |
| International Sales Manager | no data | no data | no data | |
| Chief Marketing Officer | 1.9yrs | no data | no data | |
| Deputy Chief Executive Officer | 5.6yrs | SEK 2.03m | 2.29% € 3.8m | |
| Chief Product Development & Supply Officer | 4.9yrs | no data | no data | |
| Chief Engineer | 1.9yrs | no data | 0.0023% € 3.9k | |
| Consultant | 6.3yrs | no data | no data |
4.3yrs
Average Tenure
59.5yo
Average Age
Experienced Management: OVZ's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 4.7yrs | SEK 290.00k | 0.0018% € 3.0k | |
| Independent Director | 6.6yrs | SEK 243.00k | 0.038% € 62.5k | |
| Chairman of the Board | 1.7yrs | SEK 193.00k | 0.036% € 59.5k | |
| Independent Director | 4.7yrs | SEK 227.00k | 0.0044% € 7.2k |
3.2yrs
Average Tenure
57.5yo
Average Age
Experienced Board: OVZ's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 23:32 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Ovzon AB (publ) is covered by 4 analysts. 3 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 |
|---|---|
| null null | ABG Sundal Collier |
| Simon Granath | ABG Sundal Collier Sponsored |
| null null | ABG Sundal Collier Sponsored |