Cloudberry Clean Energy ASA

DB:52K Stock Report

Market Cap: €338.7m

Cloudberry Clean Energy Management

Management criteria checks 2/4

Cloudberry Clean Energy's CEO is Anders Lenborg, appointed in Sep 2017, has a tenure of 7.67 years. total yearly compensation is NOK11.89M, comprised of 35.3% salary and 64.7% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth €1.51M. The average tenure of the management team and the board of directors is 1.3 years and 2.5 years respectively.

Key information

Anders Lenborg

Chief executive officer

NOK 11.9m

Total compensation

CEO salary percentage35.32%
CEO tenure7.7yrs
CEO ownership0.4%
Management average tenure1.3yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Anders Lenborg's remuneration changed compared to Cloudberry Clean Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024NOK 12mNOK 4m

NOK 96m

Sep 30 2024n/an/a

-NOK 22m

Jun 30 2024n/an/a

-NOK 38m

Mar 31 2024n/an/a

NOK 166m

Dec 31 2023NOK 13mNOK 4m

NOK 272m

Sep 30 2023n/an/a

NOK 443m

Jun 30 2023n/an/a

NOK 535m

Mar 31 2023n/an/a

NOK 235m

Dec 31 2022NOK 11mNOK 3m

NOK 118m

Sep 30 2022n/an/a

NOK 60m

Jun 30 2022n/an/a

-NOK 8m

Mar 31 2022n/an/a

-NOK 53m

Dec 31 2021NOK 6mNOK 3m

-NOK 63m

Sep 30 2021n/an/a

-NOK 61m

Jun 30 2021n/an/a

-NOK 54m

Mar 31 2021n/an/a

-NOK 42m

Dec 31 2020NOK 4mNOK 2m

-NOK 34m

Sep 30 2020n/an/a

-NOK 17m

Jun 30 2020n/an/a

-NOK 14m

Mar 31 2020n/an/a

-NOK 8m

Dec 31 2019NOK 640kNOK 609k

-NOK 3m

Compensation vs Market: Anders's total compensation ($USD1.15M) is about average for companies of similar size in the German market ($USD993.70K).

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

CEO

Anders Lenborg

7.7yrs

Tenure

NOK 11,890,000

Compensation

Mr. Anders J. Lenborg is the Founder of Cloudberry Clean Energy AS and serves as its Chief Executive Officer since September 2017. Mr. Lenborg has previously been the Head of the Energy Sector Group in DLA...

Leadership Team

NamePositionTenureCompensationOwnership
Anders Lenborg
Founder & CEO7.7yrsNOK 11.89m0.44%
€ 1.5m
Ole-Kristofer Bragnes
Chief Financial Officerless than a yearNOK 4.75mno data
Erik Welle-Strand
COO & GM of Captiva Asset Management1.3yrsNOK 4.20m0.057%
€ 193.9k
Christian Helland
Chief Commercial Officer1.3yrsNOK 8.49m0.096%
€ 326.3k
Charlotte Bergqvist
Chief Projects Officer3.3yrsNOK 4.10mno data
Ingrid Bjørdal
Chief Sustainability Officerless than a yearNOK 3.83m0.035%
€ 117.4k

1.3yrs

Average Tenure

Experienced Management: 52K's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Benedicte Fossum
Independent Director4.9yrsNOK 350.00k0.062%
€ 210.6k
Mads Andersen
Independent Director1.3yrsno datano data
Henrik Joelsson
Independent Director2.9yrsNOK 352.00k0.019%
€ 65.1k
Petter Borg
Independent Director6yrsNOK 373.00k0.0091%
€ 30.7k
Tove Feld
Independent Chairperson2.1yrsNOK 702.00k0.014%
€ 46.1k
Nicolai Nordstrand
Directorno dataNOK 379.00k0.021%
€ 70.5k
Alexandra Koefoed
Independent Director2.1yrsNOK 339.00k0.0068%
€ 23.0k

2.5yrs

Average Tenure

59.5yo

Average Age

Experienced Board: 52K's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/11 01:53
End of Day Share Price 2025/05/09 00:00
Earnings2024/12/31
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

Cloudberry Clean Energy ASA is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eivind GarvikCarnegie Investment Bank AB
Helene BrondboDNB Markets
Ahmed FarmanJefferies LLC