Solteq Oyj

HLSE:SOLTEQ Stock Report

Market Cap: €11.3m

Solteq Oyj Management

Management criteria checks 2/4

Solteq Oyj's CEO is Aarne Aktan, appointed in Jul 2022, has a tenure of 2.42 years. total yearly compensation is €350.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth €5.17K. The average tenure of the management team and the board of directors is 2.1 years and 2.8 years respectively.

Key information

Aarne Aktan

Chief executive officer

€350.0k

Total compensation

CEO salary percentage100.0%
CEO tenure2.4yrs
CEO ownership0.05%
Management average tenure2.1yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

Solteq Oyj Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

Oct 27
Solteq Oyj Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

Little Excitement Around Solteq Oyj's (HEL:SOLTEQ) Revenues

Jun 26
Little Excitement Around Solteq Oyj's (HEL:SOLTEQ) Revenues

Solteq Oyj (HEL:SOLTEQ) Looks Inexpensive But Perhaps Not Attractive Enough

Jan 26
Solteq Oyj (HEL:SOLTEQ) Looks Inexpensive But Perhaps Not Attractive Enough

Returns On Capital Are Showing Encouraging Signs At Solteq Oyj (HEL:SOLTEQ)

Aug 25
Returns On Capital Are Showing Encouraging Signs At Solteq Oyj (HEL:SOLTEQ)

Solteq Oyj (HEL:SOLTEQ) Analysts Just Slashed This Year's Revenue Estimates By 11%

May 06
Solteq Oyj (HEL:SOLTEQ) Analysts Just Slashed This Year's Revenue Estimates By 11%

Returns On Capital Signal Difficult Times Ahead For Solteq Oyj (HEL:SOLTEQ)

Apr 18
Returns On Capital Signal Difficult Times Ahead For Solteq Oyj (HEL:SOLTEQ)

Solteq Oyj (HEL:SOLTEQ) Shares Could Be 47% Below Their Intrinsic Value Estimate

Feb 06
Solteq Oyj (HEL:SOLTEQ) Shares Could Be 47% Below Their Intrinsic Value Estimate

Solteq Oyj (HEL:SOLTEQ) Seems To Be Using A Lot Of Debt

Oct 19
Solteq Oyj (HEL:SOLTEQ) Seems To Be Using A Lot Of Debt

Is Now An Opportune Moment To Examine Solteq Oyj (HEL:SOLTEQ)?

Aug 12
Is Now An Opportune Moment To Examine Solteq Oyj (HEL:SOLTEQ)?

Solteq Oyj (HEL:SOLTEQ) Takes On Some Risk With Its Use Of Debt

May 06
Solteq Oyj (HEL:SOLTEQ) Takes On Some Risk With Its Use Of Debt

Is Solteq Oyj (HEL:SOLTEQ) Potentially Undervalued?

Feb 20
Is Solteq Oyj (HEL:SOLTEQ) Potentially Undervalued?

Is Solteq Oyj (HEL:SOLTEQ) A Risky Investment?

Dec 27
Is Solteq Oyj (HEL:SOLTEQ) A Risky Investment?

What Does Solteq Oyj's (HEL:SOLTEQ) Share Price Indicate?

Oct 28
What Does Solteq Oyj's (HEL:SOLTEQ) Share Price Indicate?

Does Solteq Oyj (HEL:SOLTEQ) Have A Healthy Balance Sheet?

Jun 04
Does Solteq Oyj (HEL:SOLTEQ) Have A Healthy Balance Sheet?

Here's Why We Think Solteq Oyj (HEL:SOLTEQ) Is Well Worth Watching

May 20
Here's Why We Think Solteq Oyj (HEL:SOLTEQ) Is Well Worth Watching

CEO Compensation Analysis

How has Aarne Aktan's remuneration changed compared to Solteq Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-€10m

Jun 30 2024n/an/a

-€10m

Mar 31 2024n/an/a

-€6m

Dec 31 2023€350k€350k

-€5m

Sep 30 2023n/an/a

€1m

Jun 30 2023n/an/a

-€2m

Mar 31 2023n/an/a

-€6m

Dec 31 2022€192k€175k

-€5m

Sep 30 2022n/an/a

-€3m

Jun 30 2022n/an/a

€2m

Mar 31 2022n/an/a

€3m

Dec 31 2021€27kn/a

€4m

Sep 30 2021n/an/a

€4m

Jun 30 2021n/an/a

€4m

Mar 31 2021n/an/a

€3m

Dec 31 2020€28kn/a

€2m

Sep 30 2020n/an/a

€3m

Jun 30 2020n/an/a

€3m

Mar 31 2020n/an/a

€2m

Dec 31 2019€28kn/a

€3m

Sep 30 2019n/an/a

€864k

Jun 30 2019n/an/a

€944k

Mar 31 2019n/an/a

€508k

Dec 31 2018€23kn/a

€356k

Sep 30 2018n/an/a

-€287k

Jun 30 2018n/an/a

-€983k

Mar 31 2018n/an/a

-€565k

Dec 31 2017€25kn/a

-€2m

Compensation vs Market: Aarne's total compensation ($USD364.05K) is about average for companies of similar size in the Finnish market ($USD329.62K).

Compensation vs Earnings: Aarne's compensation has increased whilst the company is unprofitable.

CEO

Aarne Aktan (51 yo)

2.4yrs

Tenure

€350,000

Compensation

Mr. Aarne Aktan serves as Chief Executive Officer at Solteq Oyj since July 1, 2022 and serves as Executive Vice President of Utilities since April 2024. He had been a Director of Solteq Oyj since October 1...

Leadership Team

NamePositionTenureCompensationOwnership
Aarne Aktan
CEO & EVP of Utilities2.4yrs€350.00k0.046%
€ 5.2k
Mikko Sairanen
CFO and Interim EVP of Retail & Commerce Segmentless than a yearno datano data
Christa Tavan
Director of Communications & Marketing5.9yrsno datano data
Oona Silen
Vice President of People & Culture and Member of Executive Team1.8yrsno datano data

2.1yrs

Average Tenure

45yo

Average Age

Experienced Management: SOLTEQ's management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Markku Pietilä
Independent Chairman of the Board16.7yrs€71.00k0.088%
€ 9.9k
Esko Mertsalmi
Independent Director1.9yrs€26.00kno data
Panu Porkka
Independent Director5.8yrs€37.00kno data
Mika Sutinen
Independent Director2.8yrs€40.00kno data
Katarina Cantell
Independent Director5.8yrs€41.00kno data
Anni Sarvaranta
Independent Director2.8yrs€38.00kno data
Lotta Airas
Directorless than a yearno datano data

2.8yrs

Average Tenure

47yo

Average Age

Experienced Board: SOLTEQ's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 18:43
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Solteq Oyj is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jerker SalokiviEvli Bank plc
Petri AhoInderes Oy
Marianne PalmuInderes Oy