Circio Holding ASA

LSE:0RIS Stock Report

Market Cap: NOK 56.5m

Circio Holding Management

Management criteria checks 3/4

Circio Holding's CEO is Erik Wiklund, appointed in Oct 2021, has a tenure of 2.25 years. total yearly compensation is NOK3.79M, comprised of 67.3% salary and 32.7% bonuses, including company stock and options. directly owns 0.047% of the company’s shares, worth NOK26.27K. The average tenure of the management team and the board of directors is 3 years and 3.5 years respectively.

Key information

Erik Wiklund

Chief executive officer

NOK 3.8m

Total compensation

CEO salary percentage67.3%
CEO tenure2.3yrs
CEO ownership0.05%
Management average tenure3yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Erik Wiklund's remuneration changed compared to Circio Holding's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

-NOK 449m

Mar 31 2023n/an/a

-NOK 440m

Dec 31 2022NOK 4mNOK 3m

-NOK 433m

Sep 30 2022n/an/a

-NOK 107m

Jun 30 2022n/an/a

-NOK 110m

Mar 31 2022n/an/a

-NOK 106m

Dec 31 2021NOK 3mNOK 2m

-NOK 98m

Sep 30 2021n/an/a

-NOK 98m

Jun 30 2021n/an/a

-NOK 97m

Mar 31 2021n/an/a

-NOK 105m

Dec 31 2020NOK 3mNOK 2m

-NOK 108m

Sep 30 2020n/an/a

-NOK 117m

Jun 30 2020n/an/a

-NOK 120m

Mar 31 2020n/an/a

-NOK 132m

Dec 31 2019NOK 2mNOK 2m

-NOK 148m

Sep 30 2019n/an/a

-NOK 153m

Jun 30 2019n/an/a

-NOK 162m

Mar 31 2019n/an/a

-NOK 153m

Dec 31 2018NOK 2mNOK 2m

-NOK 147m

Sep 30 2018n/an/a

-NOK 139m

Jun 30 2018n/an/a

-NOK 132m

Mar 31 2018n/an/a

-NOK 129m

Dec 31 2017NOK 942kNOK 883k

-NOK 122m

Compensation vs Market: Erik's total compensation ($USD367.29K) is about average for companies of similar size in the UK market ($USD349.91K).

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

CEO

Erik Wiklund

2.3yrs

Tenure

NOK 3,791,000

Compensation

Dr. Erik Digman Wiklund serves as Chief Executive Officer of Circio Holding ASA (formerly known as Targovax ASA) since October 2021 and had been its Chief Business Officer since September 24, 2018 until Oc...

Leadership Team

NamePositionTenureCompensationOwnership
Erik Wiklund
Chief Executive Officer2.3yrsNOK 3.79m0.047%
NOK 26.3k
Lubor Gaal
Chief Financial Officer1.8yrsNOK 3.22mno data
Victor Levitsky
Chief Scientific Officer3.7yrsNOK 849.00k0.0046%
NOK 2.6k
Ola Melin
VP & Head of CMC2.3yrsNOK 2.17m0.023%
NOK 13.1k
Jon Eriksen
Special Advisor6.1yrsNOK 1.86mno data
Gustav Gaudernack
Chief Scientific Adviserno datano datano data
Thomas Hansen
VP & Head of Researchno datano datano data
Peter Skorpil
Vice President of Business Development8.8yrsNOK 1.07mno data

3.0yrs

Average Tenure

Experienced Management: 0RIS's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Diane Mellett
Independent Non-Executive Director8.3yrsNOK 355.00k0.057%
NOK 32.3k
Thomas Falck
Director1.8yrsNOK 257.00kno data
Robert Burns
Independent Director8.5yrsNOK 456.00k0.14%
NOK 78.5k
Damian Marron
Chairman of the Board3.8yrsNOK 562.00kno data
Eva-Lotta Coulter
Independent Non-Executive Director8.3yrsNOK 379.00k0.044%
NOK 24.9k
Bente-Lill Romøren
Independent Director11.7yrsNOK 347.00kno data
Sonia Quaratino
Director2.8yrsNOK 307.00kno data
Raphael Clynes
Member of Scientific Advisory Board & Director3.3yrsNOK 217.00kno data
Dmitriy Zamarin
Member of Medical Advisory Board3.3yrsno datano data
Dean Fennell
Member of Scientific Advisory Board3.3yrsno datano data

3.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 0RIS's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/01/02 08:14
End of Day Share Price 2023/10/06 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

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

Circio Holding ASA is covered by 5 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
Arvid NecanderCarnegie Investment Bank AB
Geir HolomDNB Markets
Jonas PeciulisEdison Investment Research