Vitec Software Group AB (publ)

BATS-CHIXE:VITBS Stock Report

Market Cap: SEK 10.4b

Vitec Software Group Management

Management criteria checks 4/4

Vitec Software Group's CEO is Olle Backman, appointed in Apr 2021, has a tenure of 5.42 years. total yearly compensation is SEK6.62M, comprised of 85.7% salary and 14.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth SEK11.79M. The average tenure of the management team and the board of directors is 5.3 years and 5.5 years respectively.

Key information

Olle Backman

Chief executive officer

SEK 6.6m

Total compensation

CEO salary percentage85.66%
CEO tenure5.4yrs
CEO ownership0.1%
Management average tenure5.3yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Olle Backman's remuneration changed compared to Vitec Software Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

SEK 464m

Mar 31 2026n/an/a

SEK 451m

Dec 31 2025SEK 7mSEK 6m

SEK 435m

Sep 30 2025n/an/a

SEK 397m

Jun 30 2025n/an/a

SEK 393m

Mar 31 2025n/an/a

SEK 408m

Dec 31 2024SEK 6mSEK 5m

SEK 410m

Sep 30 2024n/an/a

SEK 393m

Jun 30 2024n/an/a

SEK 370m

Mar 31 2024n/an/a

SEK 348m

Dec 31 2023SEK 5mSEK 5m

SEK 339m

Sep 30 2023n/an/a

SEK 327m

Jun 30 2023n/an/a

SEK 304m

Mar 31 2023n/an/a

SEK 260m

Dec 31 2022SEK 5mSEK 4m

SEK 245m

Sep 30 2022n/an/a

SEK 233m

Jun 30 2022n/an/a

SEK 221m

Mar 31 2022n/an/a

SEK 229m

Dec 31 2021SEK 4mSEK 3m

SEK 207m

Compensation vs Market: Olle's total compensation ($USD688.51K) is below average for companies of similar size in the UK market ($USD1.58M).

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

CEO

Olle Backman (57 yo)

5.4yrs
Tenure
SEK 6,619,000
Compensation

Mr. Olle Backman is President at Vitec Software Group AB (publ). He has been Chief Executive Officer at Vitec Software Group AB since April 29, 2021 and also serves as its Director since 2021 and had been...

Leadership Team

NamePositionTenureCompensationOwnership
Lars Stenlund
Founder & Chairman of the Board5.4yrsSEK 830.00k3.5%
SEK 365.9m
Olle Backman
CEO, President & Director5.4yrsSEK 6.62m0.11%
SEK 11.8m
Peter Lidström
Chief Financial Officer2yrsno data0.0055%
SEK 576.3k
Gert Gustafsson
Chief Operating Officer6.5yrsno data0.046%
SEK 4.8m
Jerker Vallbo
CIO & CTOno datano data0.64%
SEK 67.0m
Patrik Fransson
Head of Investor Relations9.6yrsno datano data
Anna Andersson
Head of People & Culture5.3yrsno data0.013%
SEK 1.3m
Anna-Karin Nilsson
Head of Brand5.3yrsno data0.0054%
SEK 565.9k
Ales Zobec
Head of M&A5.3yrsno data0.039%
SEK 4.1m
Richard Larsson
Chief Executive Officer of Software for Estate Agents - Swedenno datano datano data
Janne Vainio
Chief Executive Officer of Vitec Acute10.5yrsno datano data
Tom Theodorsen
Chief Executive Officer of Vitec HK Datano datano datano data
5.3yrs
Average Tenure
58yo
Average Age

Experienced Management: VITBS's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Lars Stenlund
Founder & Chairman of the Board5.4yrsSEK 830.00k3.5%
SEK 365.9m
Olle Backman
CEO, President & Director5.7yrsSEK 6.62m0.11%
SEK 11.8m
Kaj Sandart
Independent Director28.7yrsSEK 293.00k0.26%
SEK 27.6m
Malin Ruijsenaars
Independent Director3.4yrsSEK 293.00k0.0025%
SEK 262.1k
Jan Freidman
Independent Director16.7yrsSEK 293.00k0.050%
SEK 5.3m
Karin Gunnarsson
Directorless than a yearno datano data
Jonas Ahlberg
Directorless than a yearno datano data
Anna Valtonen
Independent Director14.3yrsSEK 293.00k0.0010%
SEK 104.4k
5.5yrs
Average Tenure
62yo
Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 10:34
End of Day Share Price 2026/06/30 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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

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 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

Vitec Software Group AB (publ) is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Daniel ThorssonABG Sundal Collier Sponsored
null nullDanske Bank