Solar A/S

CPSE:SOLAR B Stock Report

Market Cap: DKK 1.6b

Solar Management

Management criteria checks 3/4

Solar's CEO is Jens Andersen, appointed in Oct 2017, has a tenure of 8.58 years. directly owns 0.046% of the company’s shares, worth DKK755.48K. The average tenure of the management team and the board of directors is 6.4 years and 4.2 years respectively.

Key information

Jens Andersen

Chief executive officer

DKK 11.1m

Total compensation

CEO salary percentagen/a
CEO tenure8.6yrs
CEO ownership0.05%
Management average tenure6.4yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

SOLAR B: Dividend Pause And Governance Update Will Support Balanced Return Potential

Analysts have maintained their DKK 215 price target for Solar, noting only modest adjustments to assumptions for discount rate, revenue growth, profit margin and future P/E that do not materially change their overall view. What's in the News Shareholders at the March 13, 2026 annual general meeting approved amendments to Solar A/S’s articles of association, updating the company’s formal governance framework (AGM).

SOLAR B: Dividend Pause And Steady Outlook Will Support Balanced Return Potential

Analysts have kept their DKK price target for the solar name steady at DKK 215, with only marginal tweaks to inputs such as discount rate, revenue growth, profit margin, and future P/E assumptions guiding this unchanged view. What's in the News Solar adopted a proposal for no dividend distribution for the financial year 2025 at the annual general meeting, confirming that shareholders will not receive an ordinary payout for that year (Key Developments).

SOLAR B: Dividend Flexibility And Steady Outlook Will Support Attractive Upside Potential

Analysts have kept the Solar price target steady at DKK 215, with only minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions that do not materially change their overall valuation view. What's in the News Solar shareholders approved amendments to the articles of association at the annual general meeting held on March 13, 2026, updating the company bylaws.

SOLAR B: Dividend Pause And Extraordinary Payout Flexibility Will Shape Balanced Outlook

Analysts have kept their DKK 215.0 price target on Solar unchanged. They cite only very small model tweaks to the discount rate, long term revenue growth, profit margin and future P/E assumptions that do not meaningfully alter their overall view.

SOLAR B: UBS Stake, Dividend Flexibility And Projects Will Shape Balanced Outlook

Analysts have kept their DKK 215.00 price target for Solar unchanged, citing only slight model adjustments in the discount rate, revenue growth, profit margin, and future P/E assumptions as the basis for maintaining their view. What's in the News The Board of Directors has recommended that no dividend be paid for the financial year 2025.

SOLAR B: Equity Raise And UBS Stake Will Shape Balanced 2026 Outlook

The analyst price target for Solar has shifted slightly to $215 from $220, with analysts pointing to updated assumptions for revenue growth, profit margins, and future P/E as key drivers behind the change. What's in the News Solar A/S issued earnings guidance for 2026 and projected 2025 revenue in a range of DKK 12,900 million to DKK 13,400 million, providing a reference point for the company’s near term topline expectations (company guidance).

SOLAR B: Equity Raise And UBS Stake Will Support Balanced 2026 Outlook

Analysts have reiterated their price target for the solar name at US$220.00, citing largely unchanged assumptions around fair value, revenue growth, profit margins and future P/E, with only a small adjustment to the discount rate to reflect updated risk conditions. What's in the News UBS Group AG acquired a 5.07% stake in Solar A/S B shares, with the transaction completed on December 3, 2025 (Key Developments).

SOLAR B: Equity Raise And UBS Stake Will Shape Balanced 2026 Outlook

Analysts have kept their fair value estimate for Solar steady at $220. They have slightly adjusted inputs such as the discount rate and future P/E assumptions, reflecting refined views on risk and earnings power rather than a shift in the overall price target.

SOLAR B: Equity Raise And UBS Stake Will Support Stronger 2025 Earnings

Analysts have modestly raised their price target on Solar by 0.0 dollars, reflecting slightly lower discount rate assumptions while leaving fair value and long term growth and margin forecasts effectively unchanged. What's in the News UBS Group AG acquired and completed the purchase of a 5.07% stake in Solar A/S on December 3, 2025 (M&A Transaction Closings).

SOLAR B Equity Raise And Guidance Refinement Will Support Stronger 2025 Earnings

Analysts have nudged their price target for Solar higher to reflect modestly stronger long term revenue growth and profitability expectations, though this is partially tempered by a slightly higher assumed discount rate and a lower future earnings multiple. What's in the News Solar A/S refined its 2025 earnings guidance and now expects revenue of approximately DKK 12,000 million, narrowing the previous range of DKK 11,750 million to DKK 12,250 million (Key Developments).

SOLAR B: Follow-On Equity Raise Will Drive Stronger 2025 Earnings

Analysts have reduced their price target for Solar from $245 to $220. They cite improved forecasts for revenue growth and profit margins, balanced by a lower future price-to-earnings ratio.

Solar's (CPH:SOLAR B) Soft Earnings Are Actually Better Than They Appear

Nov 16
Solar's (CPH:SOLAR B) Soft Earnings Are Actually Better Than They Appear

Earnings Release: Here's Why Analysts Cut Their Solar A/S (CPH:SOLAR B) Price Target To kr.240

Nov 09
Earnings Release: Here's Why Analysts Cut Their Solar A/S (CPH:SOLAR B) Price Target To kr.240

Unpredictable Recovery Will Impact Revenue Projections In 2025

The consensus analyst price target for Solar has been cut from DKK295.00 to DKK260.00, primarily due to weaker outlooks for both revenue growth and net profit margin. What's in the News Solar A/S lowered its 2025 revenue guidance to DKK 11,750–12,250 million (prior: DKK 12,300–12,800 million), reflecting expected organic growth of -4% to 0%.

Investors Give Solar A/S (CPH:SOLAR B) Shares A 26% Hiding

Aug 16
Investors Give Solar A/S (CPH:SOLAR B) Shares A 26% Hiding

Investors Can Find Comfort In Solar's (CPH:SOLAR B) Earnings Quality

May 17
Investors Can Find Comfort In Solar's (CPH:SOLAR B) Earnings Quality

Solar A/S (CPH:SOLAR B) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

May 11
Solar A/S (CPH:SOLAR B) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Solar's (CPH:SOLAR B) Shareholders Will Receive A Smaller Dividend Than Last Year

Mar 15
Solar's (CPH:SOLAR B) Shareholders Will Receive A Smaller Dividend Than Last Year

Solar (CPH:SOLAR B) Has Announced That Its Dividend Will Be Reduced To DKK15.00

Feb 28
Solar (CPH:SOLAR B) Has Announced That Its Dividend Will Be Reduced To DKK15.00

Solar (CPH:SOLAR B) Is Paying Out Less In Dividends Than Last Year

Feb 14
Solar (CPH:SOLAR B) Is Paying Out Less In Dividends Than Last Year
User avatar

Swedish Warehouse Completion Will Improve Operational Efficiencies By 2026

Investment in automation and digitalization is set to enhance operational efficiencies and boost EBITDA margins over time.

Solar's (CPH:SOLAR B) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 08
Solar's (CPH:SOLAR B) Shareholders Have More To Worry About Than Only Soft Earnings

Solar's (CPH:SOLAR B) Soft Earnings Don't Show The Whole Picture

May 09
Solar's (CPH:SOLAR B) Soft Earnings Don't Show The Whole Picture

Solar (CPH:SOLAR B) Has Announced That Its Dividend Will Be Reduced To DKK30.00

Feb 22
Solar (CPH:SOLAR B) Has Announced That Its Dividend Will Be Reduced To DKK30.00

Is Solar A/S (CPH:SOLAR B) Potentially Undervalued?

Oct 19
Is Solar A/S (CPH:SOLAR B) Potentially Undervalued?

CEO

Jens Andersen (57 yo)

8.6yrs
Tenure
DKK 11,100,000
Compensation

Mr. Jens E. Andersen has been the Chief Executive Officer and Member of Executive Board at Solar A/S since October 8, 2017 and serves as its Managing Director of Denmark. Mr. Andersen served as Senior Vice...


Leadership Team

NamePositionTenureCompensationOwnership
Jens Andersen
CEO, MD of Denmark & Member of Executive Board8.6yrsDKK 11.10m0.046%
DKK 755.5k
Michael Jeppesen
CFO & Member of Executive Board15.3yrsDKK 6.70m0.051%
DKK 844.6k
Lars Goth
Senior Vice President of Group Operations6.4yrsno datano data
Dennis Callesen
Director of Investor Relationsno datano datano data
Dariusz Targosz
Senior VP & MD of Polandno datano datano data
Anders Koppel
Senior VP & MD of Swedenno datano datano data
Bauke Zeinstra
Senior VP & MD of MAG4510.3yrsno datano data
Peter Pedersen
Senor VP of Group Commercial Market & CCO8.3yrsno datano data
Michiel Rohrman
Senior VP & MD The Netherlands6.3yrsno datano data
Frank Simonsen
Senior Vice President of Finance5.3yrsno datano data
Carsten Antonisen
Senior VP & MD Denmark4.3yrsno datano data
Anders Odgaard
Senior VP & CDIO1.3yrsno datano data
6.4yrs
Average Tenure
57yo
Average Age

Experienced Management: SOLAR B's management team is seasoned and experienced (6.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Morten Chrone
Independent Director7.2yrsDKK 380.00k0.0090%
DKK 147.4k
Michael Andersen
Independent Chairman of the Board5.2yrsDKK 855.00k0.027%
DKK 450.0k
Peter Bang
Independent Director8.3yrsDKK 495.00k0.015%
DKK 248.4k
Jesper Jensen
Vice Chairman9.3yrsDKK 450.00k0.029%
DKK 476.0k
Sophie Louise Baroudy
Independent Director9.3yrsDKK 417.50k0.0048%
DKK 78.8k
Rune Nielsen
Employee Representative Director4.2yrsDKK 320.00kno data
Lisbeth M. Jorgensen
Alternate Director4.2yrsno datano data
Katrine Borum
Director4.2yrsDKK 350.00k0.54%
DKK 8.8m
Ulrich Liedtke
Directorless than a yearno datano data
Mads Thorsen
Employee Representative Directorless than a yearno datano data
Ulf Jensen
Employee Representative Directorless than a yearno datano data
4.2yrs
Average Tenure
55.5yo
Average Age

Experienced Board: SOLAR B's board of directors are considered experienced (4.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 09:49
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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

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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 Github.

Analyst Sources

Solar A/S is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander BorreskovCarnegie Investment Bank AB
Kristian Tornøe JohansenDanske Bank
Alexander BorreskovDNB Carnegie