Enefit Green Management

Management criteria checks 3/4

Enefit Green's CEO is Aavo Karmas, appointed in Jul 2017, has a tenure of 6.83 years. total yearly compensation is €169.00K, comprised of 92.3% salary and 7.7% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth €49.92K. The average tenure of the management team and the board of directors is 4.8 years and 2.6 years respectively.

Key information

Aavo Karmas

Chief executive officer

€169.0k

Total compensation

CEO salary percentage92.3%
CEO tenure6.8yrs
CEO ownership0.006%
Management average tenure4.8yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

May 05
Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

The Consensus EPS Estimates For Enefit Green AS (TAL:EGR1T) Just Fell Dramatically

Mar 05
The Consensus EPS Estimates For Enefit Green AS (TAL:EGR1T) Just Fell Dramatically

Earnings Miss: Enefit Green AS Missed EPS By 19% And Analysts Are Revising Their Forecasts

Mar 04
Earnings Miss: Enefit Green AS Missed EPS By 19% And Analysts Are Revising Their Forecasts

Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)

Mar 02
Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)

Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Mar 03
Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Broker Revenue Forecasts For Enefit Green AS (TAL:EGR1T) Are Surging Higher

Sep 28
Broker Revenue Forecasts For Enefit Green AS (TAL:EGR1T) Are Surging Higher

Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)

Sep 21
Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)

Statutory Profit Doesn't Reflect How Good Enefit Green's (TAL:EGR1T) Earnings Are

Aug 11
Statutory Profit Doesn't Reflect How Good Enefit Green's (TAL:EGR1T) Earnings Are

CEO Compensation Analysis

How has Aavo Karmas's remuneration changed compared to Enefit Green's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

€59m

Dec 31 2023€169k€156k

€56m

Sep 30 2023n/an/a

€72m

Jun 30 2023n/an/a

€90m

Mar 31 2023n/an/a

€106m

Dec 31 2022€185k€146k

€110m

Sep 30 2022n/an/a

€114m

Jun 30 2022n/an/a

€106m

Mar 31 2022n/an/a

€99m

Dec 31 2021€168k€126k

€80m

Sep 30 2021n/an/a

€57m

Jun 30 2021n/an/a

€45m

Mar 31 2021n/an/a

€60m

Dec 31 2020€131kn/a

€68m

Compensation vs Market: Aavo's total compensation ($USD182.03K) is below average for companies of similar size in the EE market ($USD1.01M).

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


CEO

Aavo Karmas (48 yo)

6.8yrs

Tenure

€169,000

Compensation

Mr. Aavo Karmas Chairman of the Management Board at Enefit Green AS since July 05, 2017 and serves as its Chief Executive Officer. He has many years of experience in management roles. Between 2012 to 2017,...


Leadership Team

NamePositionTenureCompensationOwnership
Aavo Karmas
Chairman of the Management Board & CEO6.8yrs€169.00k0.0058%
€ 49.9k
Veiko Raim
CFO & Member of the Management Board6.6yrs€130.19k0.00078%
€ 6.7k
Innar Kaasik
COO & Member of the Management Board11.8yrs€133.89k0.0019%
€ 16.2k
Andres Maasing
Member of Management Board & Chief Development Officer1.1yrs€101.25k0.00038%
€ 3.3k
Siim Ots
Head of Wind Energy4.8yrsno datano data
Lauri Ulm
Head of Wind Development3.3yrsno datano data
Raido Hallik
Head of Renewable Energy Development & Services3.5yrsno datano data
Sven Kunsing
Head of Finance Communicationsno datano datano data

4.8yrs

Average Tenure

42.5yo

Average Age

Experienced Management: EGR1T's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Erkki Raasuke
Independent Member of the Supervisory Board2.6yrs€12.00k0.031%
€ 263.1k
Raine Pajo
Member of the Supervisory Board3.3yrsno data0.00099%
€ 8.5k
Anne Sulling
Independent Member of the Supervisory Board2.6yrs€12.00k0%
€ 0
Andrus Durejko
Chairman of the Supervisory Boardless than a yearno data0.00038%
€ 3.3k
Marlen Tamm
Independent Member of the Supervisory Boardless than a yearno data0.00051%
€ 4.4k

2.6yrs

Average Tenure

47yo

Average Age

Experienced Board: EGR1T's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.