Sparebanken Vest

BATS-CHIXE:SVEGO Stock Report

Market Cap: NOK 13.8b

Sparebanken Vest Management

Management criteria checks 3/4

Sparebanken Vest's CEO is Jan Kjerpeseth, appointed in Oct 2013, has a tenure of 10.67 years. directly owns 0.17% of the company’s shares, worth NOK22.94M. The average tenure of the management team and the board of directors is 4.5 years and 7.3 years respectively.

Key information

Jan Kjerpeseth

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure10.7yrs
CEO ownership0.2%
Management average tenure4.5yrs
Board average tenure7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jan Kjerpeseth's remuneration changed compared to Sparebanken Vest's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

NOK 2b

Dec 31 2023n/an/a

NOK 1b

Sep 30 2023n/an/a

NOK 1b

Jun 30 2023n/an/a

NOK 1b

Mar 31 2023n/an/a

NOK 1b

Dec 31 2022n/an/a

NOK 1b

Sep 30 2022n/an/a

NOK 1b

Jun 30 2022n/an/a

NOK 1b

Mar 31 2022n/an/a

NOK 1b

Dec 31 2021n/an/a

NOK 980m

Sep 30 2021n/an/a

NOK 1b

Jun 30 2021n/an/a

NOK 928m

Mar 31 2021n/an/a

NOK 888m

Dec 31 2020NOK 7mNOK 4m

NOK 789m

Sep 30 2020n/an/a

NOK 642m

Jun 30 2020n/an/a

NOK 579m

Mar 31 2020n/an/a

NOK 536m

Dec 31 2019NOK 7mNOK 4m

NOK 504m

Sep 30 2019n/an/a

NOK 433m

Jun 30 2019n/an/a

NOK 417m

Mar 31 2019n/an/a

NOK 378m

Dec 31 2018NOK 7mNOK 4m

NOK 361m

Sep 30 2018n/an/a

NOK 347m

Jun 30 2018n/an/a

NOK 347m

Mar 31 2018n/an/a

NOK 315m

Dec 31 2017NOK 6mNOK 4m

NOK 320m

Compensation vs Market: Insufficient data to establish whether Jan's total compensation is reasonable compared to companies of similar size in the UK market.

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


CEO

Jan Kjerpeseth (53 yo)

10.7yrs

Tenure

NOK 6,977,000

Compensation

Mr. Jan Erik Kjerpeseth serves as Executive Vice President at Sparebanken Vest since September 2021. He serves as the Chairman of Frende Holding AS. Mr. Kjerpeseth has been Chairman of the Board at BKK AS...


Leadership Team

NamePositionTenureCompensationOwnership
Jan Kjerpeseth
Executive VP10.7yrsNOK 6.98m0.17%
NOK 22.9m
Frank Johannesen
EVP of Finance & Corporate Governance and CFO4.8yrsNOK 3.74m0.081%
NOK 11.2m
Terje Mjelde
Head of Management Accountingno datano datano data
Siren Sundland
Executive Vice President of Technology & Business Processesless than a yearNOK 3.25m0.077%
NOK 10.7m
Lars Breivik
Chief Information Officer & Head of Communication14.3yrsno datano data
Brede Kristiansen
Director of Finance & Investor Relationsno datano data0.0050%
NOK 692.0k
Monica Døsvig
Head of Legalno datano datano data
Henrik Tønnessen
Compliance Officerno datano datano data
Jan-Stale Hatlebakk
Executive VP4.8yrsNOK 2.56m0.033%
NOK 4.5m
Simen Aarskog
Executive VP & Head of Retail Market South4.3yrsNOK 2.07m0.011%
NOK 1.5m
Therese Arentsen
Executive Vice President of Corporate Servicesless than a yearno data0.012%
NOK 1.6m
Margunn Minne
Executive Vice President of Corporate Market2yrsno data0.019%
NOK 2.7m

4.5yrs

Average Tenure

53yo

Average Age

Experienced Management: SVEGO's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Magne Morken
Independent Deputy Chairman7.3yrsNOK 417.35k0.0091%
NOK 1.3m
Arild Bodal
Independent Chairman of the Board13.2yrsNOK 734.40k0.054%
NOK 7.5m
Kristin Axelsen
Employee Representative Board Member11.2yrsNOK 270.35k0.0097%
NOK 1.3m
Mariann Reite
Directorless than a yearno datano data
Borghild Ones
Chair of Supervisory Board9.4yrsno datano data
Gunnar Skeie
Director8.3yrsNOK 384.35k0.010%
NOK 1.4m
Stig Taule
Employee Representative Board Memberno dataNOK 256.25k0.0081%
NOK 1.1m
Marianne Dorthea Jacobsen
Independent Director7.3yrsNOK 361.50k0.0011%
NOK 156.1k
Agnethe Brekke
Independent Director1.6yrsNOK 377.25k0.00058%
NOK 80.1k
Christine Helgo
Independent Director4.3yrsNOK 374.75kno data
Line Jacobsen
Senior Advisor to the CEOno datano datano data
Gunn-Helen Gripsgard
Employee Representative Board Memberless than a yearno datano data

7.3yrs

Average Tenure

57yo

Average Age

Experienced Board: SVEGO's board of directors are considered experienced (7.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/06/11 19:39
End of Day Share Price 2024/03/14 00:00
Earnings2024/03/31
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

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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

Sparebanken Vest is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jan GjerlandABG Sundal Collier
Fridtjof BerentsArctic Securities ASA
Geir KristiansenBeringer Finance AB