Trifork Group Management
Management criteria checks 3/4
Trifork Group's CEO is Jorn Larsen, appointed in Jan 1996, has a tenure of 28.92 years. total yearly compensation is €1.98M, comprised of 38.3% salary and 61.7% bonuses, including company stock and options. directly owns 19.79% of the company’s shares, worth DKK282.61M. The average tenure of the management team and the board of directors is 5.9 years and 4.1 years respectively.
Key information
Jorn Larsen
Chief executive officer
€2.0m
Total compensation
| CEO salary percentage | 38.3% |
| CEO tenure | 28.9yrs |
| CEO ownership | 19.8% |
| Management average tenure | 5.9yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
Trifork Group (CPH:TRIFOR) Strong Profits May Be Masking Some Underlying Issues
Nov 09
Trifork Group AG Just Missed EPS By 22%: Here's What Analysts Think Will Happen Next
Nov 06Trifork Group AG Just Missed Earnings - But Analysts Have Updated Their Models
Aug 23Trifork Group AG Just Missed Revenue By 8.2%: Here's What Analysts Think Will Happen Next
May 10Trifork Holding AG's (CPH:TRIFOR) Shares Leap 29% Yet They're Still Not Telling The Full Story
Jan 27What Is Trifork Holding AG's (CPH:TRIFOR) Share Price Doing?
Nov 08Earnings Beat: Trifork Holding AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 03Is Trifork Holding AG (CPH:TRIFOR) Trading At A 42% Discount?
Aug 09Slowing Rates Of Return At Trifork Holding (CPH:TRIFOR) Leave Little Room For Excitement
Jun 11A Look At The Intrinsic Value Of Trifork Holding AG (CPH:TRIFOR)
Dec 28Earnings Working Against Trifork Holding AG's (CPH:TRIFOR) Share Price
Oct 12We Believe Trifork Holding's (CPH:TRIFOR) Earnings Are A Poor Guide For Its Profitability
Aug 31CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €18m |
| Jun 30 2024 | n/a | n/a | €18m |
| Mar 31 2024 | n/a | n/a | €15m |
| Dec 31 2023 | €2m | €759k | €15m |
| Sep 30 2023 | n/a | n/a | €7m |
| Jun 30 2023 | n/a | n/a | €10m |
| Mar 31 2023 | n/a | n/a | €13m |
| Dec 31 2022 | €2m | €662k | €15m |
| Sep 30 2022 | n/a | n/a | €33m |
| Jun 30 2022 | n/a | n/a | €30m |
| Mar 31 2022 | n/a | n/a | €32m |
| Dec 31 2021 | €2m | €668k | €29m |
Compensation vs Market: Jorn's total compensation ($USD2.05M) is above average for companies of similar size in the Danish market ($USD1.10M).
Compensation vs Earnings: Jorn's compensation has been consistent with company performance over the past year.
CEO
Jorn Larsen (58 yo)
28.9yrs
Tenure
€1,980,509
Compensation
Mr. Jorn Larsen co-founded Trifork Group AG (formerly known as Trifork Holding AG) in 1996 and serves as its Chief Executive Officer since 2014 and also was its Director since January 8, 2014. Mr. Larsen s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & CEO | 28.9yrs | €1.98m | 19.79% DKK 286.5m | |
| Chief Financial Officer | 17.9yrs | €1.35m | 1.32% DKK 19.1m | |
| Chief Revenue Officer | 1.9yrs | €528.78k | 0.27% DKK 3.9m | |
| Group Investment Director | no data | no data | no data | |
| Head of Investor Relations & CCO | no data | no data | no data | |
| Deputy CEO | 5.9yrs | no data | no data | |
| CCO of Fintech & Head of Press | no data | no data | no data | |
| CEO of Trifork US Inc. & Trifork North America | 1.5yrs | no data | no data |
5.9yrs
Average Tenure
53.5yo
Average Age
Experienced Management: TRIFOR's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.7yrs | €43.08k | no data | |
| Independent Director | 4.1yrs | €48.46k | 0.020% DKK 293.6k | |
| Independent Vice Chairman of the Board | 5.9yrs | €138.93k | 0.33% DKK 4.8m | |
| Independent Chairman of the Board | 4.1yrs | €129.23k | 0.022% DKK 312.1k | |
| Director & Board Observer | 1.7yrs | €21.54k | no data | |
| Independent Director | 5.9yrs | €43.08k | 0.016% DKK 225.8k | |
| Director | less than a year | no data | no data |
4.1yrs
Average Tenure
52.5yo
Average Age
Experienced Board: TRIFOR's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 18:44 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Trifork Group AG is covered by 4 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.
| Analyst | Institution |
|---|---|
| Simon Jonsson | Berenberg |
| Lars Topholm | Carnegie Investment Bank AB |
| Serge Rotzer | Credit Suisse |