Tryg A/S

CPSE:TRYG Stock Report

Market Cap: DKK 92.0b

Tryg Management

Management criteria checks 4/4

Tryg's CEO is Johan Brammer, appointed in Jan 2018, has a tenure of 8.5 years. total yearly compensation is DKK26.29M, comprised of 54.3% salary and 45.7% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth DKK12.62M. The average tenure of the management team and the board of directors is 6 years and 4 years respectively.

Key information

Johan Brammer

Chief executive officer

DKK 26.3m

Total compensation

CEO salary percentage54.33%
CEO tenure8.5yrs
CEO ownership0.01%
Management average tenure6yrs
Board average tenure4yrs

Recent management updates

Recent updates

Narrative Update • Jun 22

TRYG: Dividend And Buyback Discipline Will Support Attractive Return Upside

Analysts have kept their DKK price target on Tryg broadly unchanged, with only marginal adjustments tied to slightly refined assumptions on profit margin, revenue growth, and forward P/E expectations. What's in the News for Tryg Tryg plans an Analyst/Investor Day to discuss and present updates from different business units, providing more detail on how the company operates across its segments.
Analysis Article • Jun 18

Tryg (CPSE:TRYG) Stock Could Be 12.3% Undervalued After SAS EuroBonus Partnership

The new partnership between Tryg (CPSE:TRYG) and SAS EuroBonus links selected insurance products to EuroBonus points across Norway, Denmark, and Sweden. This development is putting Tryg stock in focus as investors assess customer growth potential. See our latest analysis for Tryg. At a share price of DKK151.9, Tryg has seen short term share price weakness, with the 30 day return down 2.38% and the year to date share price return down 8%, while the 5 year total shareholder return of 23.29%...
Narrative Update • Jun 05

TRYG: Dividend Momentum And Buybacks Will Shape Attractive Future Return Potential

Analysts have nudged their price target for Tryg slightly higher to DKK 173.23 from DKK 172.71, citing updated assumptions around discount rates, revenue, profit margins and future P/E. What's in the News Tryg is hosting an Analyst and Investor Day to discuss the business and show presentations from different units, providing more detail on how each part of the company operates.
Narrative Update • Apr 23

TRYG: Dividend Progress And Capital Authorisations Will Shape Balanced Future Expectations

Analysts have made only a modest adjustment to their view on Tryg, keeping the fair value estimate steady at DKK 172.71 while reflecting slightly higher revenue growth and profit margin expectations, as well as a lower future P/E in their updated price target assumptions. What's in the News Ordinary dividend for the first quarter of 2026 set at DKK 2.15 per share, compared with DKK 2.05 per share in the previous year.
Narrative Update • Apr 06

TRYG: Margin Execution And Capital Actions Will Support Future Upside

Analysts have adjusted their price target on Tryg to DKK 172.71, reflecting slightly updated assumptions on revenue growth, profit margins and future P/E following recent research, including a downgrade at Barclays. Analyst Commentary Bullish Takeaways Bullish analysts view the updated DKK 172.71 price target as consistent with current assumptions on revenue growth and profit margins, suggesting the stock still has support from fundamental forecasts.
Analysis Article • Apr 06

Does Tryg (CPH:TRYG) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update • Mar 22

TRYG: Capital Returns And Margin Discipline Will Support Future Upside

Analysts now see slightly higher long term value for Tryg, nudging their DKK price target from about DKK 172.32 to roughly DKK 172.71 as they factor in modestly higher revenue growth, a marginally stronger profit margin and a still steady forward P/E, even after a recent downgrade highlighted fresh concerns in the latest research. Analyst Commentary Recent research on Tryg points to a more balanced view, with the slight increase in the overall price target sitting alongside a fresh downgrade that puts execution and valuation under closer scrutiny.
Narrative Update • Mar 07

TRYG: Recalibrated P E And Capital Returns Will Support Future Upside

Analysts have slightly trimmed their price target for Tryg to DKK 172.32 from DKK 173.09, citing updated assumptions on growth, margins and P/E that are also reflected in a recent downgrade at Barclays. Analyst Commentary Analysts are reassessing Tryg after the recent downgrade, focusing on how updated assumptions on growth, margins and P/E feed through to what they see as fair value for the shares.
Narrative Update • Feb 21

TRYG: Fine Tuned Fair Value And Barclays Downgrade Will Shape Expectations

Analysts have raised their price target on Tryg to DKK173.09 from DKK172.90, citing fine-tuning to fair value estimates and updated P/E assumptions following recent sector commentary, including a downgrade highlighted by Barclays. Analyst Commentary Bullish Takeaways Bullish analysts view the fine tuning of fair value estimates as a sign that core assumptions around Tryg's earnings profile and P/E support are still intact, even after the recent downgrade headline.
Narrative Update • Feb 05

TRYG: Recent Downgrade And Buyback Will Reset Expectations While Preserving Core Franchise

Analysts have nudged their price target for Tryg slightly higher to €172.90 from €171.59, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E following recent research, including a downgrade at Barclays. Analyst Commentary Analysts have taken a closer look at Tryg following the recent downgrade, updating their models and risk assessments around valuation and execution.
Narrative Update • Jan 14

TRYG: Recent Downgrade Will Reset Expectations While Keeping Core Franchise Intact

Analysts have trimmed their price target on Tryg from DKK 175 to about DKK 171.60. They cite updated assumptions on discount rates, growth, profitability and valuation multiples, in line with a recent downgrade highlighted in Street research.
Analysis Article • Sep 23

Does Tryg (CPH:TRYG) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
User avatar
New Narrative • Nov 11

Investment Synergies And Innovation Boost Earnings Potential Amid Industry Challenges

Tryg's pricing and synergy initiatives are likely to enhance revenue growth and improve cost efficiencies and margins.

CEO Compensation Analysis

How has Johan Brammer's remuneration changed compared to Tryg's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

DKK 5b

Mar 31 2026n/an/a

DKK 5b

Dec 31 2025DKK 26mDKK 14m

DKK 5b

Sep 30 2025n/an/a

DKK 5b

Jun 30 2025n/an/a

DKK 5b

Mar 31 2025n/an/a

DKK 5b

Dec 31 2024DKK 23mDKK 13m

DKK 5b

Sep 30 2024n/an/a

DKK 5b

Jun 30 2024n/an/a

DKK 4b

Mar 31 2024n/an/a

DKK 4b

Dec 31 2023DKK 16mDKK 10m

DKK 4b

Sep 30 2023n/an/a

DKK 4b

Jun 30 2023n/an/a

DKK 3b

Mar 31 2023n/an/a

DKK 3b

Dec 31 2022DKK 11mDKK 6m

DKK 2b

Sep 30 2022n/an/a

DKK 3b

Jun 30 2022n/an/a

DKK 3b

Mar 31 2022n/an/a

DKK 2b

Dec 31 2021DKK 11mDKK 6m

DKK 3b

Sep 30 2021n/an/a

DKK 3b

Jun 30 2021n/an/a

DKK 3b

Mar 31 2021n/an/a

DKK 4b

Dec 31 2020DKK 11mDKK 6m

DKK 3b

Sep 30 2020n/an/a

DKK 2b

Jun 30 2020n/an/a

DKK 2b

Mar 31 2020n/an/a

DKK 2b

Dec 31 2019DKK 7mDKK 5m

DKK 3b

Compensation vs Market: Johan's total compensation ($USD4.02M) is about average for companies of similar size in the Danish market ($USD5.42M).

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

CEO

Johan Brammer (50 yo)

8.5yrs
Tenure
DKK 26,294,000
Compensation

Mr. Johan Kirstein Brammer has been Member of Executive Board at Tryg Forsikring A/S since January 23, 2018 and serves as its Group Chief Executive Officer from June 1, 2023 and served as its Group CCO fro...

Leadership Team

NamePositionTenureCompensationOwnership
Johan Brammer
Group CEO & Member of Executive Board8.5yrsDKK 26.29m0.014%
DKK 12.6m
Allan Thaysen
CFO & Member of Executive Board2.7yrsDKK 11.50m0.0032%
DKK 3.0m
Lars Bonde
Group COO & Member of Executive Board20.5yrsDKK 12.70m0.024%
DKK 22.5m
Mikael Karrsten
Group Chief Technical Officer & Member of Executive Board3.3yrsDKK 7.43m0.0014%
DKK 1.3m
Alexandra Winther
Group Chief Commercial Officer & Member of Executive Board3.5yrsDKK 10.73m0.0028%
DKK 2.6m
Gianandrea Roberti
Investor Relations Officer10.8yrsno datano data
Jens Galsgaard
Chief Internal Auditorno datano datano data
6.0yrs
Average Tenure
50yo
Average Age

Experienced Management: TRYG's management team is seasoned and experienced (6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Thomas Hofman-Bang
Independent Supervisory Board Member4.3yrsDKK 1.24m0.0021%
DKK 1.9m
Steffen Kragh
Independent Chairman of Supervisory Board3.3yrsDKK 1.63m0.0011%
DKK 1.0m
Carl-Viggo Ostlund
Independent Supervisory Board Member11.3yrsDKK 964.00k0.00082%
DKK 754.4k
Benedicte Elisabeth Agerup
Independent Deputy Chair of the Supervisory Board2.3yrsDKK 992.00k0.00026%
DKK 239.2k
Jorn Andersen
Member of Supervisory Board4.3yrsDKK 759.00kno data
Elias Bakk
Employee Representative Supervisory Board Member9.3yrsDKK 791.00k0.00086%
DKK 791.2k
Lena Darin
Employee Representative Supervisory Board Member4yrsDKK 593.00k0.000040%
DKK 36.8k
Torben Jensen
Member of Supervisory Board1.3yrsDKK 371.00k0.00027%
DKK 248.4k
Jonas Jensen
Member of Supervisory Board1.3yrsDKK 371.00kno data
Charlotte Dietzer
Employee Representative Supervisory Board Member6.3yrsDKK 660.00k0.00016%
DKK 147.2k
Anne Kaltoft
Supervisory Board Member3.5yrsDKK 495.00kno data
Mette Osvold
Employee Representative Supervisory Board Member4yrsDKK 565.00k0.00016%
DKK 147.2k
4.0yrs
Average Tenure
62yo
Average Age

Experienced Board: TRYG's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/12 00:40
End of Day Share Price 2026/07/10 00:00
Earnings2026/06/30
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

Tryg A/S is covered by 25 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Claudia GaspariBarclays
Alessia MagniBarclays