SP Group Management

Management criteria checks 4/4

SP Group's CEO is Lars Bering, appointed in May 2020, has a tenure of 4.33 years. total yearly compensation is DKK3.44M, comprised of 69.8% salary and 30.2% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth DKK7.21M. The average tenure of the management team and the board of directors is 4.3 years and 11.4 years respectively.

Key information

Lars Bering

Chief executive officer

DKK 3.4m

Total compensation

CEO salary percentage69.8%
CEO tenure4.3yrs
CEO ownership0.2%
Management average tenure4.3yrs
Board average tenure11.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lars Bering's remuneration changed compared to SP Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

DKK 212m

Mar 31 2024n/an/a

DKK 171m

Dec 31 2023DKK 3mDKK 2m

DKK 159m

Sep 30 2023n/an/a

DKK 161m

Jun 30 2023n/an/a

DKK 176m

Mar 31 2023n/an/a

DKK 201m

Dec 31 2022DKK 3mDKK 2m

DKK 213m

Sep 30 2022n/an/a

DKK 212m

Jun 30 2022n/an/a

DKK 223m

Mar 31 2022n/an/a

DKK 215m

Dec 31 2021DKK 3mDKK 2m

DKK 203m

Sep 30 2021n/an/a

DKK 193m

Jun 30 2021n/an/a

DKK 173m

Mar 31 2021n/an/a

DKK 164m

Dec 31 2020DKK 1mDKK 1m

DKK 151m

Compensation vs Market: Lars's total compensation ($USD516.12K) is below average for companies of similar size in the UK market ($USD1.03M).

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


CEO

Lars Bering (48 yo)

4.3yrs

Tenure

DKK 3,438,000

Compensation

Mr. Lars Ravn Bering is Member of Executive Board at SP Group A/S since May 1, 2020 and is its Chief Executive Officer since September 01, 2024. He was Executive Vice President at SP Group A/S since May 1,...


Leadership Team

NamePositionTenureCompensationOwnership
Lars Bering
CEO & Member of Executive Board4.3yrsDKK 3.44m0.18%
DKK 7.2m
Soren Ulstrup
Executive VP & Member of Executive Board4.3yrsDKK 3.50m1.65%
DKK 65.1m
Tilde Kejlhof
CFO & Member of Executive Board4.3yrsno data0.054%
DKK 2.1m
Anders Hansen
Group Chief Accountantno datano datano data
Susie-Ann Spiegelhauer
Chief Executive Officer of Accoat A/S5.2yrsno datano data
Anna Szymczak
Chief Finance Officer of SP Group's Polish Companies5.1yrsno datano data
Lotte Andersen
ESG Manager3.1yrsno datano data
Markus Oilshin
Chief Executive Officer of Jollmax Coating Oyless than a yearno datano data
Jan Sørensen
Managing Director of SP Group’s Chinese companiesno datano datano data
Claus Lendal
CEO & MD of Ergomat A/S6.7yrsno datano data
Jens Møller
MD & CEO of Kodan Plast s.r.o. - Slovakiano datano datano data
David Bourghardt
Managing Director of Broderna Bourghardt ABno datano datano data

4.3yrs

Average Tenure

53yo

Average Age

Experienced Management: SPGC's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Erik Holm
Deputy Chairman 27.7yrsDKK 350.00k0.67%
DKK 26.5m
Bente Overgaard
Independent Director7.4yrsDKK 300.00k0.074%
DKK 2.9m
Hans Schur
Chairman25.7yrsDKK 600.00kno data
Hans-Henrik Eriksen
Independent Director11.4yrsDKK 350.00k0.18%
DKK 7.1m
Marie Lund
Director1.4yrsDKK 200.00kno data

11.4yrs

Average Tenure

64yo

Average Age

Experienced Board: SPGC's board of directors are seasoned and experienced ( 11.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/09/25 23:36
End of Day Share Price 2024/06/28 00:00
Earnings2024/06/30
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.

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 Github.

Analyst Sources

SP Group A/S is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew CarlsenABG Sundal Collier
Alexander BorreskovCarnegie Investment Bank AB