C-Rad AB (publ)

BATS-CHIXE:CRADBS Stock Report

Market Cap: SEK 1.1b

C-Rad Management

Management criteria checks 4/4

C-Rad's CEO is Tim Thurn, appointed in Jul 2013, has a tenure of 9.17 years. total yearly compensation is SEK2.20M, comprised of 78.5% salary and 21.5% bonuses, including company stock and options. directly owns 1.1% of the company’s shares, worth SEK12.52M. The average tenure of the management team and the board of directors is 2.8 years and 5.5 years respectively.

Key information

Tim Thurn

Chief executive officer

SEK 2.2m

Total compensation

CEO salary percentage78.5%
CEO tenure9.2yrs
CEO ownership1.1%
Management average tenure2.8yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tim Thurn's remuneration changed compared to C-Rad's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2022n/an/a

SEK 12m

Mar 31 2022n/an/a

SEK 21m

Dec 31 2021SEK 2mSEK 2m

SEK 25m

Sep 30 2021n/an/a

SEK 26m

Jun 30 2021n/an/a

SEK 25m

Mar 31 2021n/an/a

SEK 17m

Dec 31 2020SEK 2mSEK 2m

SEK 14m

Sep 30 2020n/an/a

-SEK 11m

Jun 30 2020n/an/a

-SEK 16m

Mar 31 2020n/an/a

-SEK 14m

Dec 31 2019SEK 2mSEK 2m

-SEK 14m

Sep 30 2019n/an/a

SEK 23m

Jun 30 2019n/an/a

SEK 24m

Mar 31 2019n/an/a

SEK 27m

Dec 31 2018SEK 2mSEK 1m

SEK 21m

Sep 30 2018n/an/a

-SEK 2m

Jun 30 2018n/an/a

-SEK 4m

Mar 31 2018n/an/a

-SEK 10m

Dec 31 2017SEK 2mSEK 1m

-SEK 11m

Sep 30 2017n/an/a

-SEK 16m

Jun 30 2017n/an/a

-SEK 23m

Mar 31 2017n/an/a

-SEK 28m

Dec 31 2016SEK 2mSEK 1m

-SEK 31m

Sep 30 2016n/an/a

-SEK 33m

Jun 30 2016n/an/a

-SEK 32m

Mar 31 2016n/an/a

-SEK 27m

Dec 31 2015SEK 2mSEK 1m

-SEK 21m

Compensation vs Market: Tim's total compensation ($USD203.44K) is below average for companies of similar size in the UK market ($USD348.41K).

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

CEO

Tim Thurn (41 yo)

9.2yrs

Tenure

SEK 2,196,000

Compensation

Mr. Tim Thurn has been the Chief Executive Officer of C-Rad AB since July 1, 2013 and serves as its President since July 1, 2013. Mr. Thurn has been the Chief Executive Officer of C-Rad Imaging AB since 20...

Leadership Team

NamePositionTenureCompensationOwnership
Tim Thurn
CEO & President9.2yrsSEK 2.20m1.1%
SEK 12.5m
Henrik Bergentoft
Chief Financial Officer2.5yrsno data0.0065%
SEK 74.0k
Hakan Axelsson
Chief Operating Officer3.1yrsno data0.00041%
SEK 4.7k
Emelie Gozzi
Global Marketing Director1.3yrsno datano data
Xiaodong Wang
President of C-RAD China4.7yrsno data0.12%
SEK 1.3m
Ivan Astralaga
President of C-RAD Americas1.3yrsno datano data
Priscilla Kazumba
Digital Marketing & Event Coordinatorno datano datano data

2.8yrs

Average Tenure

45.5yo

Average Age

Experienced Management: CRADBS's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Per-Arne Blomquist Curt
Independent Director3.7yrsSEK 230.00k0.85%
SEK 9.7m
Lars Nyberg
Independent Chairman of the Board6.2yrsSEK 400.00k7.5%
SEK 85.1m
Asa Hedin
Independent Director5.7yrsSEK 200.00kno data
Kicki Wallje-Lund
Independent Director7.7yrsSEK 230.00k0.018%
SEK 201.6k
David Sjostrom
Independent Director5.3yrsSEK 200.00kno data
Jenny Rosberg
Director1.7yrsSEK 180.00kno data

5.5yrs

Average Tenure

60yo

Average Age

Experienced Board: CRADBS's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/09/06 12:35
End of Day Share Price 2022/06/09 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

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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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

C-Rad AB (publ) is covered by 2 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
Victor ForssellABG Sundal Collier Sponsored
Christian LeePareto Securities