Matas A/S

CPSE:MATAS Stock Report

Market Cap: DKK 4.7b

Matas Management

Management criteria checks 4/4

Matas' CEO is Per Madsen, appointed in Aug 2022, has a tenure of 3.33 years. total yearly compensation is DKK10.00M, comprised of 30% salary and 70% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth DKK7.23M. The average tenure of the management team and the board of directors is 2.3 years and 3.5 years respectively.

Key information

Per Madsen

Chief executive officer

DKK 10.0m

Total compensation

CEO salary percentage30.00%
CEO tenure3.3yrs
CEO ownership0.2%
Management average tenure2.3yrs
Board average tenure3.5yrs

Recent management updates

Shareholders Will Probably Hold Off On Increasing Matas A/S' (CPH:MATAS) CEO Compensation For The Time Being

Jun 10
Shareholders Will Probably Hold Off On Increasing Matas A/S' (CPH:MATAS) CEO Compensation For The Time Being

Increases to Matas A/S' (CPH:MATAS) CEO Compensation Might Cool off for now

Jun 13
Increases to Matas A/S' (CPH:MATAS) CEO Compensation Might Cool off for now

Recent updates

Analyst Estimates: Here's What Brokers Think Of Matas A/S (CPH:MATAS) After Its Second-Quarter Report

Nov 15
Analyst Estimates: Here's What Brokers Think Of Matas A/S (CPH:MATAS) After Its Second-Quarter Report

Here's What Analysts Are Forecasting For Matas A/S (CPH:MATAS) After Its First-Quarter Results

Aug 16
Here's What Analysts Are Forecasting For Matas A/S (CPH:MATAS) After Its First-Quarter Results

When Should You Buy Matas A/S (CPH:MATAS)?

Aug 15
When Should You Buy Matas A/S (CPH:MATAS)?

Matas' (CPH:MATAS) Dividend Will Be DKK2.00

Jun 16
Matas' (CPH:MATAS) Dividend Will Be DKK2.00

Shareholders Will Probably Hold Off On Increasing Matas A/S' (CPH:MATAS) CEO Compensation For The Time Being

Jun 10
Shareholders Will Probably Hold Off On Increasing Matas A/S' (CPH:MATAS) CEO Compensation For The Time Being

Returns At Matas (CPH:MATAS) Are On The Way Up

May 24
Returns At Matas (CPH:MATAS) Are On The Way Up

What Is Matas A/S's (CPH:MATAS) Share Price Doing?

May 03
What Is Matas A/S's (CPH:MATAS) Share Price Doing?

Is Matas (CPH:MATAS) Using Too Much Debt?

Apr 05
Is Matas (CPH:MATAS) Using Too Much Debt?

Shareholders Should Be Pleased With Matas A/S' (CPH:MATAS) Price

Mar 06
Shareholders Should Be Pleased With Matas A/S' (CPH:MATAS) Price

Analyst Estimates: Here's What Brokers Think Of Matas A/S (CPH:MATAS) After Its Third-Quarter Report

Feb 08
Analyst Estimates: Here's What Brokers Think Of Matas A/S (CPH:MATAS) After Its Third-Quarter Report

Matas' (CPH:MATAS) Conservative Accounting Might Explain Soft Earnings

Aug 22
Matas' (CPH:MATAS) Conservative Accounting Might Explain Soft Earnings

Matas A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Aug 17
Matas A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Increases to Matas A/S' (CPH:MATAS) CEO Compensation Might Cool off for now

Jun 13
Increases to Matas A/S' (CPH:MATAS) CEO Compensation Might Cool off for now

Matas' (CPH:MATAS) Soft Earnings Don't Show The Whole Picture

Feb 15
Matas' (CPH:MATAS) Soft Earnings Don't Show The Whole Picture

Is Matas (CPH:MATAS) A Risky Investment?

Feb 12
Is Matas (CPH:MATAS) A Risky Investment?

Is It Time To Consider Buying Matas A/S (CPH:MATAS)?

Jan 10
Is It Time To Consider Buying Matas A/S (CPH:MATAS)?

Returns On Capital At Matas (CPH:MATAS) Have Hit The Brakes

Aug 19
Returns On Capital At Matas (CPH:MATAS) Have Hit The Brakes

CEO Compensation Analysis

How has Per Madsen's remuneration changed compared to Matas's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

DKK 287m

Jun 30 2025n/an/a

DKK 287m

Mar 31 2025DKK 10mDKK 3m

DKK 282m

Dec 31 2024n/an/a

DKK 240m

Sep 30 2024n/an/a

DKK 201m

Jun 30 2024n/an/a

DKK 179m

Mar 31 2024DKK 12mDKK 3m

DKK 169m

Dec 31 2023n/an/a

DKK 232m

Sep 30 2023n/an/a

DKK 216m

Jun 30 2023n/an/a

DKK 261m

Mar 31 2023DKK 4mDKK 2m

DKK 281m

Compensation vs Market: Per's total compensation ($USD1.58M) is about average for companies of similar size in the Danish market ($USD1.29M).

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

CEO

Per Madsen (57 yo)

3.3yrs
Tenure
DKK 10,000,000
Compensation

Mr. Per Johannesen Madsen serves as Group Chief Financial Officer at Matas A/S since August 1, 2022 and serves as its Interim Group CEO from November 15, 2025. He has experience as Finance Director and CFO...

Leadership Team

NamePositionTenureCompensationOwnership
Per Madsen
Interim Group CEO & Group Chief Financial Officer3.3yrsDKK 10.00m0.16%
DKK 7.2m
David Heeroma
?Executive Vice President of Group Operations2.3yrsno datano data
John Backman
Head of IR & Treasury2.9yrsno datano data
Sille Hoyer
VP of Communication & Public Affairsno datano datano data
Anders Skole-Sorensen
Advisor3.5yrsDKK 5.90mno data
Brian Andersen
Executive Vice President of Group Digital & Loyalty1.7yrsno datano data
Lise Ryevad
Executive Vice President of Matas2.3yrsno datano data
Alice Wassard
?Executive Vice President of Group Commercial1.7yrsno datano data
Carola Lundell
Executive Vice President of KICKS2.3yrsno datano data
Brian Poulsen
Logistics Directorno datano datano data
2.3yrs
Average Tenure
55yo
Average Age

Experienced Management: MATAS's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mette Maix
Independent Deputy Chairman of the Board8.5yrsDKK 1.00m0.0045%
DKK 211.0k
Barbara Jensen
Director1.5yrsno data0.0030%
DKK 138.8k
Espen Eldal
Independent Director1.5yrsno datano data
Marie-Louise Aamund
Independent Chairman2.5yrsno data0.0053%
DKK 248.2k
Henrik Lorensen
Independent Director5.5yrsno data0.0053%
DKK 248.2k
Kenneth Melchior
Independent Director4.5yrsno data0.0014%
DKK 66.6k
3.5yrs
Average Tenure
54yo
Average Age

Experienced Board: MATAS's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/25 00:52
End of Day Share Price 2025/12/23 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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

Matas A/S is covered by 6 analysts. 3 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
Poul JessenDanske Bank
Mads QuistgaardDNB Carnegie