GN Store Nord Management
Management criteria checks 2/4
GN Store Nord's CEO is Peter Karlstromer, appointed in Oct 2023, has a tenure of 2.67 years. total yearly compensation is DKK24.40M, comprised of 41% salary and 59% bonuses, including company stock and options. directly owns 0.052% of the company’s shares, worth DKK6.78M. The average tenure of the management team and the board of directors is 2.7 years and 1.3 years respectively.
Key information
Peter Karlstromer
Chief executive officer
DKK 24.4m
Total compensation
| CEO salary percentage | 40.98% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.05% |
| Management average tenure | 2.7yrs |
| Board average tenure | 1.3yrs |
Recent management updates
Recent updates
Narrative Update • Jun 06
GN: Hearing Sale Will Support Future Re Rating
Analysts have lifted their price target on GN Store Nord to DKK 131.80, up DKK 21.80 from DKK 110, reflecting updated views on the company’s growth, profitability and appropriate P/E multiple. Analyst Commentary Recent Street research on GN Store Nord has been mixed, but the latest move from JPMorgan, with a price target of DKK 131.80, highlights that some high profile coverage is leaning more positively on the stock's valuation and execution prospects.Narrative Update • May 23
GN: Hearing Sale And Margin Discipline Will Support Future Re Rating
Narrative Update The analyst price target for GN Store Nord has been revised to DKK 131.80 from DKK 110.00. Analysts cite updated assumptions on fair value, discount rate, revenue trends, profit margins, and future P/E as the key drivers behind this change.Analysis Article • May 09
GN Store Nord A/S Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Shareholders might have noticed that GN Store Nord A/S ( CPH:GN ) filed its first-quarter result this time last week...Narrative Update • May 08
GN: Hearing Sale And Margin Discipline Will Drive Future Re Rating
Narrative Update: GN Store Nord The analyst price target for GN Store Nord has been reduced by DKK 12 to reflect recent downgrades and updated views on revenue trends, profitability, and a lower assumed future P/E, as highlighted in the latest Street research. Analyst Commentary Recent Street research on GN Store Nord has centered on reassessing valuation and risk, with target prices adjusted to reflect updated assumptions on revenue, profitability, and the appropriate P/E multiple.Analysis Article • May 05
News Flash: Analysts Just Made A Notable Upgrade To Their GN Store Nord A/S (CPH:GN) Forecasts
GN Store Nord A/S ( CPH:GN ) shareholders will have a reason to smile today, with the analysts making substantial...
Narrative Update • Apr 23
GN: Firmer Margins And Business Sale Will Support Future Upside Potential
Analysts have reduced their price target for GN Store Nord to DKK 116.75 from DKK 123.21, reflecting recent downgrades that highlight weaker revenue expectations, offset by firmer profit margins and a slightly higher assumed future P/E multiple. Analyst Commentary Recent research reports point to a mixed view on GN Store Nord, with reduced ratings and lower price targets reflecting a balance between concern over revenue trends and some confidence in profitability and valuation support.Narrative Update • Apr 08
GN: Margin Focus And Hearing Sale Will Drive Future Re Rating
Analysts have cut their price target for GN Store Nord from DKK 219.45 to DKK 145.00, reflecting updated assumptions on weaker revenue expectations, higher profit margins and a lower future P/E, as recent downgrades highlight a more cautious stance on the shares. Analyst Commentary Recent research points to a more cautious stance on GN Store Nord, with headline moves including rating cuts and revised price targets such as DKK 100.
Narrative Update • Mar 25
GN: Weaker Revenue Outlook Will Limit Future Upside Potential
Analysts have trimmed their price target for GN Store Nord to DKK 100, reflecting recent downgrades to Neutral and updated expectations for weaker revenue growth, firmer profit margins, and a similar forward P/E profile. Analyst Commentary Bearish analysts are signaling a more cautious stance on GN Store Nord, with recent research updates pointing to a reset in expectations around growth, profitability, and valuation.Narrative Update • Mar 10
GN: Neutral Downgrade And Execution Risks Will Temper Future Upside Potential
Analysts have lowered their stance on GN Store Nord, with a reduced DKK 100 price target now reflecting a more cautious Neutral view on the shares. Analyst Commentary Bearish analysts are signaling a more cautious stance on GN Store Nord, with the reduced DKK 100 price target aligning with the Neutral rating.Narrative Update • Feb 24
GN: Higher Discount Rate Will Still Support Future Upside Potential
Analysts have revised their price target on GN Store Nord lower to reflect a fair value shift from DKK 145.54 to DKK 123.21. They cited slightly higher discount assumptions, modestly adjusted revenue growth expectations, and a small change in projected profit margins and future P/E levels.Narrative Update • Feb 09
GN: Prolonged Enterprise Weakness Will Limit Upside Despite Overweight Upgrade
Narrative update The updated analyst price target for GN Store Nord moves lower to DKK 84 from DKK 88, as analysts balance recent valuation support highlighted in an upgrade to Overweight with ongoing caution around prolonged weakness in the core enterprise segment. Analyst Commentary Recent research on GN Store Nord highlights a split view.Analysis Article • Feb 08
GN Store Nord A/S (CPH:GN) Just Reported, And Analysts Assigned A kr.135 Price Target
There's been a notable change in appetite for GN Store Nord A/S ( CPH:GN ) shares in the week since its yearly report...Narrative Update • Jan 26
GN: Hearing And Gaming Share Gains Will Drive Future Re-Rating
Narrative Update The analyst fair value estimate for GN Store Nord has edged up from DKK 217.40 to DKK 219.45, as analysts balance upgraded ratings and higher price targets against views that strength in hearing aids and gaming is offset by continued weakness in the enterprise segment. Analyst Commentary Recent Street research on GN Store Nord reflects a mix of caution around the enterprise headset business and more constructive views on valuation and the company’s positioning in hearing aids and gaming.Narrative Update • Jan 11
GN: Prolonged Enterprise Weakness Will Restrain Share Upside Despite Recent Upgrades
Analysts have nudged up their price targets on GN Store Nord into a DKK 110 to DKK 141 range, pointing to valuation support after the recent selloff while also highlighting ongoing weakness in the core enterprise segment. Analyst Commentary The latest research on GN Store Nord centers on valuation support after the recent selloff, balanced against concerns about execution risks in the enterprise business and the durability of growth across segments.Narrative Update • Dec 26
GN: Share Gains In Hearing Aids And Gaming Will Drive Re-Rating
GN Store Nord's consensus price target has been raised modestly. This reflects analysts' improved valuation following the recent selloff, higher target revisions toward about DKK 140, and a more balanced view of weaker enterprise trends against share gains in hearing aids and gaming, even as fair value estimates edge down to around DKK 217 per share.Narrative Update • Dec 12
GN: Enterprise Weakness Will Limit Share Upside Despite Recent Optimism
Analysts have lifted their fair value estimate for GN Store Nord from approximately DKK 82 to DKK 88. This reflects higher target prices and growing confidence in the company’s improving revenue growth and margins despite lingering enterprise market weakness.Analysis Article • Nov 09
GN Store Nord A/S Just Missed Earnings - But Analysts Have Updated Their Models
It's been a mediocre week for GN Store Nord A/S ( CPH:GN ) shareholders, with the stock dropping 10% to kr.102 in the...Narrative Update • Nov 06
GN: Expanding Margins And Revenue Will Drive Further Upside Potential
Analysts have increased their price targets for GN Store Nord, with recent revisions suggesting a rise from DKK 112 to 110 to DKK 121 to 141, supported by improved profit margins and revenue growth expectations. Analyst Commentary Recent price target hikes for GN Store Nord reflect shifting analyst sentiment, with valuation revisions highlighting improved prospects but also ongoing caution about certain challenges.Narrative Update • Oct 23
Analyst Commentary Highlights Upgraded GN Store Nord Price Target and Valuation Adjustments
Narrative Update on GN Store Nord Analyst Price Target The analyst price target for GN Store Nord has increased by DKK 9 to DKK 121, as analysts cite updated fair value assessments and revised market expectations as their rationale. Analyst Commentary Analyst perspectives on GN Store Nord reflect both positive and cautious considerations as they reassess the company’s outlook and valuation.Analysis Article • Oct 15
Is GN Store Nord A/S (CPH:GN) Potentially Undervalued?
GN Store Nord A/S ( CPH:GN ), might not be a large cap stock, but it received a lot of attention from a substantial...Analysis Article • Sep 27
Is There An Opportunity With GN Store Nord A/S' (CPH:GN) 47% Undervaluation?
Key Insights Using the 2 Stage Free Cash Flow to Equity, GN Store Nord fair value estimate is kr.201 Current share...Narrative Update • Aug 27
ReSound Nexia And Vivia Will Strengthen Future Market Position
The upward revision in GN Store Nord's price target reflects improved outlooks for both revenue growth and net profit margin, resulting in a new consensus fair value of DKK140.64. What's in the News GN Store Nord lowered its 2025 earnings guidance, now expecting organic revenue growth (excluding wind-down) of -2% to +2%, compared to previous guidance of -3% to +3%.Analysis Article • Aug 22
GN Store Nord A/S' (CPH:GN) 25% Share Price Surge Not Quite Adding Up
Despite an already strong run, GN Store Nord A/S ( CPH:GN ) shares have been powering on, with a gain of 25% in the...Analysis Article • Aug 09
We Think GN Store Nord (CPH:GN) Is Taking Some Risk With Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Jun 29
When Should You Buy GN Store Nord A/S (CPH:GN)?
While GN Store Nord A/S ( CPH:GN ) might not have the largest market cap around , it saw a decent share price growth of...Analysis Article • Jun 11
GN Store Nord A/S (CPH:GN) Not Flying Under The Radar
When close to half the companies in Denmark have price-to-earnings ratios (or "P/E's") below 15x, you may consider GN...Analysis Article • May 23
Is There An Opportunity With GN Store Nord A/S' (CPH:GN) 47% Undervaluation?
Key Insights The projected fair value for GN Store Nord is kr.173 based on 2 Stage Free Cash Flow to Equity GN Store...Analysis Article • May 04
GN Store Nord A/S Just Missed EPS By 64%: Here's What Analysts Think Will Happen Next
It's shaping up to be a tough period for GN Store Nord A/S ( CPH:GN ), which a week ago released some disappointing...Analysis Article • Apr 24
Is GN Store Nord (CPH:GN) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Feb 28
Investors Still Waiting For A Pull Back In GN Store Nord A/S (CPH:GN)
GN Store Nord A/S' ( CPH:GN ) price-to-earnings (or "P/E") ratio of 19x might make it look like a sell right now...
New Narrative • Feb 09
ReSound Vivia's Advanced AI Features Will Strengthen Market Position
The one-GN transformation initiative and SteelSeries integration are enhancing efficiencies and margins, supporting earnings growth.Analysis Article • Feb 09
Should You Investigate GN Store Nord A/S (CPH:GN) At kr.144?
GN Store Nord A/S ( CPH:GN ), might not be a large cap stock, but it saw a decent share price growth of 17% on the CPSE...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | DKK 262m |
| Dec 31 2025 | DKK 24m | DKK 10m | DKK 653m |
| Sep 30 2025 | n/a | n/a | DKK 550m |
| Jun 30 2025 | n/a | n/a | DKK 748m |
| Mar 31 2025 | n/a | n/a | DKK 679m |
| Dec 31 2024 | DKK 22m | DKK 10m | DKK 988m |
| Sep 30 2024 | n/a | n/a | DKK 658m |
| Jun 30 2024 | n/a | n/a | DKK 600m |
| Mar 31 2024 | n/a | n/a | DKK 536m |
| Dec 31 2023 | DKK 21m | DKK 8m | DKK 228m |
Compensation vs Market: Peter's total compensation ($USD3.78M) is above average for companies of similar size in the Danish market ($USD2.57M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
CEO
Peter Karlstromer (55 yo)
2.7yrs
Tenure
DKK 24,400,000
Compensation
Mr. Peter Karlstromer serves as Chief Executive Officer of GN Store Nord A/S and GN Hearing A/S since October 01, 2023. He had been Divisional President of Security Services Europe at Securitas AB since Ma...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.7yrs | DKK 24.40m | 0.052% DKK 6.8m | |
| Chief Financial Officer | 2.7yrs | DKK 12.60m | 0.030% DKK 3.9m | |
| Chief Operations Officer | 3.4yrs | no data | no data | |
| Chief Technical Officer | no data | no data | no data | |
| Chief Information Officer | 3.4yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Vice President of Group Communication | no data | no data | no data | |
| Chief People & Communication Officer | 1.3yrs | no data | no data | |
| President of Hearing division | 1yr | no data | no data | |
| President of Gaming Division | 3.4yrs | no data | no data | |
| President of Enterprise Division | 3.4yrs | no data | no data | |
| Chief Product Officer | less than a year | no data | no data |
2.7yrs
Average Tenure
54yo
Average Age
Experienced Management: GN's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.3yrs | DKK 682.00k | no data | |
| Independent Chairman of the Board of Directors | 6.3yrs | DKK 2.16m | 0.0096% DKK 1.3m | |
| Independent Director | 2.3yrs | DKK 1.05m | 0.0096% DKK 1.3m | |
| Independent Deputy Chairman of Board | 3.3yrs | DKK 1.63m | 0.027% DKK 3.5m | |
| Director | 1.3yrs | DKK 871.00k | 0.0028% DKK 371.0k | |
| Independent Director | 1.1yrs | DKK 624.00k | 0.0022% DKK 296.0k | |
| Employee Representative Director | less than a year | no data | no data | |
| Employee Representative Director | less than a year | no data | no data | |
| Employee Representative Director | less than a year | no data | no data |
1.3yrs
Average Tenure
62yo
Average Age
Experienced Board: GN's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 08:34 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
GN Store Nord A/S is covered by 24 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.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Hassan Al-Wakeel | Barclays |
| Robert Bate | Barclays |