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 8.67 years. directly owns 0.046% of the company’s shares, worth DKK719.72K. The average tenure of the management team and the board of directors is 6.5 years and 4.3 years respectively.

Key information

Jens Andersen

Chief executive officer

DKK 11.1m

Total compensation

CEO salary percentagen/a
CEO tenure8.7yrs
CEO ownership0.05%
Management average tenure6.5yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

Narrative Update Jun 04

SOLAR B: Dividend Flexibility And Governance Changes Will Support Balanced Return Outlook

Analysts have kept the Solar price target steady at DKK 215 while adjusting underlying assumptions such as a higher discount rate, slightly different revenue growth and profit margin outlooks, and a lower future P/E to better align the valuation with their latest views. What's in the News At the annual general meeting on March 13, 2026, shareholders approved amendments to Solar A/S's articles of association.
Analysis Article May 18

Solar's (CPH:SOLAR B) Problems Go Beyond Weak Profit

The subdued market reaction suggests that Solar A/S' ( CPH:SOLAR B ) recent earnings didn't contain any surprises. We...
Narrative Update Apr 26

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).
Narrative Update Apr 11

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).
Narrative Update Mar 28

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.
Narrative Update Mar 12

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.
Narrative Update Feb 25

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.
Narrative Update Feb 10

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).
Narrative Update Jan 21

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).
Narrative Update Jan 07

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.
Narrative Update Dec 19

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).
Narrative Update Dec 05

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).
Narrative Update Nov 21

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.
Analysis Article Nov 16

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

Shareholders appeared unconcerned with Solar A/S' ( CPH:SOLAR B ) lackluster earnings report last week. We did some...
Analysis Article Nov 09

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

Shareholders might have noticed that Solar A/S ( CPH:SOLAR B ) filed its quarterly result this time last week. The...
Narrative Update Aug 19

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%.
Analysis Article Aug 16

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

Solar A/S ( CPH:SOLAR B ) shareholders that were waiting for something to happen have been dealt a blow with a 26...
Analysis Article May 17

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

Solar A/S' ( CPH:SOLAR B ) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed...
Analysis Article May 11

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

Solar A/S ( CPH:SOLAR B ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Mar 15

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

Solar A/S ( CPH:SOLAR B ) is reducing its dividend from last year's comparable payment to DKK15.00 on the 19th of...
Analysis Article Feb 28

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

Solar A/S' ( CPH:SOLAR B ) dividend is being reduced from last year's payment covering the same period to DKK15.00 on...
Analysis Article Feb 14

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

Solar A/S ( CPH:SOLAR B ) has announced that on 19th of March, it will be paying a dividend ofDKK15.00, which a...
User avatar
New Narrative Feb 13

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.
Analysis Article Nov 08

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

Solar A/S' ( CPH:SOLAR B ) recent weak earnings report didn't cause a big stock movement. We think that investors are...
Analysis Article May 09

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

The market for Solar A/S' ( CPH:SOLAR B ) shares didn't move much after it posted weak earnings recently. We did some...
Analysis Article Feb 22

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

Solar A/S ( CPH:SOLAR B ) is reducing its dividend from last year's comparable payment to DKK30.00 on the 20th of...

CEO

Jens Andersen (58 yo)

8.7yrs
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 Board8.7yrsDKK 11.10m0.046%
DKK 719.7k
Michael Jeppesen
CFO & Member of Executive Board15.4yrsDKK 6.70m0.051%
DKK 804.6k
Lars Goth
Senior Vice President of Group Operations6.5yrsno 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 & CCO8.4yrsno datano data
Michiel Rohrman
Senior VP & MD The Netherlands6.4yrsno datano data
Frank Simonsen
Senior Vice President of Finance5.4yrsno datano data
Carsten Antonisen
Senior VP & MD Denmark4.4yrsno datano data
Anders Odgaard
Senior VP & CDIO1.4yrsno datano data
6.5yrs
Average Tenure
58yo
Average Age

Experienced Management: SOLAR B's management team is seasoned and experienced (6.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Morten Chrone
Independent Director7.3yrsDKK 380.00k0.0090%
DKK 140.4k
Michael Andersen
Independent Chairman of the Board5.3yrsDKK 855.00k0.027%
DKK 428.7k
Peter Bang
Independent Director8.4yrsDKK 495.00k0.015%
DKK 236.6k
Jesper Jensen
Vice Chairman9.4yrsDKK 450.00k0.029%
DKK 453.5k
Sophie Louise Baroudy
Independent Director9.4yrsDKK 417.50k0.0048%
DKK 75.1k
Rune Nielsen
Employee Representative Director4.3yrsDKK 320.00kno data
Lisbeth M. Jorgensen
Alternate Director4.3yrsno datano data
Katrine Borum
Director4.3yrsDKK 350.00k0.54%
DKK 8.4m
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
4.3yrs
Average Tenure
56.5yo
Average Age

Experienced Board: SOLAR B's board of directors are considered experienced (4.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 08:02
End of Day Share Price 2026/06/09 00:00
Earnings2026/03/31
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

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

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