Nordnet Management
Management criteria checks 4/4
Nordnet's CEO is Lars-Ake Norling, appointed in Sep 2019, has a tenure of 5.67 years. total yearly compensation is SEK12.50M, comprised of 73.6% salary and 26.4% bonuses, including company stock and options. directly owns 0.51% of the company’s shares, worth €31.36M. The average tenure of the management team and the board of directors is 4.3 years and 3.3 years respectively.
Key information
Lars-Ake Norling
Chief executive officer
SEK 12.5m
Total compensation
| CEO salary percentage | 73.60% |
| CEO tenure | 5.7yrs |
| CEO ownership | 0.5% |
| Management average tenure | 4.3yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | SEK 3b |
| Dec 31 2024 | SEK 13m | SEK 9m | SEK 3b |
| Sep 30 2024 | n/a | n/a | SEK 3b |
| Jun 30 2024 | n/a | n/a | SEK 3b |
| Mar 31 2024 | n/a | n/a | SEK 3b |
| Dec 31 2023 | SEK 11m | SEK 8m | SEK 2b |
| Sep 30 2023 | n/a | n/a | SEK 2b |
| Jun 30 2023 | n/a | n/a | SEK 2b |
| Mar 31 2023 | n/a | n/a | SEK 2b |
| Dec 31 2022 | SEK 10m | SEK 7m | SEK 2b |
| Sep 30 2022 | n/a | n/a | SEK 2b |
| Jun 30 2022 | n/a | n/a | SEK 2b |
| Mar 31 2022 | n/a | n/a | SEK 2b |
| Dec 31 2021 | SEK 10m | SEK 7m | SEK 2b |
Compensation vs Market: Lars-Ake's total compensation ($USD1.27M) is below average for companies of similar size in the Italian market ($USD1.83M).
Compensation vs Earnings: Lars-Ake's compensation has been consistent with company performance over the past year.
CEO
Lars-Ake Norling (56 yo)
5.7yrs
Tenure
SEK 12,500,000
Compensation
Mr. Lars-Ake Valdemar Norling has been the CEO of Nordnet AB (publ) since September 1, 2019. Mr. Norling is the Chief Executive Officer of Nordnet Bank AB since September 1, 2019. He has been an Independen...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 5.7yrs | SEK 12.50m | 0.51% € 31.4m | |
| Deputy CEO & Chief Product Officer | 6.6yrs | SEK 4.90m | 0.080% € 4.9m | |
| Chief Financial Officer | 6.3yrs | no data | 0.024% € 1.5m | |
| Chief Technology Officer | 4.3yrs | no data | 0.078% € 4.8m | |
| Head of Investor Relations | 3yrs | no data | no data | |
| Chief Communications Officer | 13.3yrs | no data | 0.020% € 1.3m | |
| Chief Human Resources Officer | 4.3yrs | no data | 0.0020% € 124.9k | |
| Chief Executive Officer of Nordnet Pensionsforsakring | 2.3yrs | no data | no data | |
| Chief Executive Officer of Nordnet Fonder AB | less than a year | no data | no data | |
| Country Manager Norway | no data | no data | no data | |
| Country Manager Denmark | no data | no data | no data |
4.3yrs
Average Tenure
48yo
Average Age
Experienced Management: 1SAVE's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 18.3yrs | SEK 700.00k | 2.05% € 126.4m | |
| Independent Director | 2.6yrs | SEK 600.00k | 0.00048% € 29.5k | |
| Independent Director | 4.1yrs | SEK 500.00k | no data | |
| Independent Director | 6.3yrs | SEK 500.00k | 0.034% € 2.1m | |
| Director | 1.1yrs | SEK 400.00k | no data | |
| Director | 1.1yrs | SEK 400.00k | no data | |
| Independent Director | 5.1yrs | SEK 600.00k | 0.020% € 1.2m | |
| Independent Director | 2.6yrs | SEK 600.00k | 0.0013% € 80.0k |
3.3yrs
Average Tenure
53yo
Average Age
Experienced Board: 1SAVE's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/12 14:02 |
| End of Day Share Price | 2025/05/12 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 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
Nordnet AB (publ) is covered by 21 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Michael Sanderson | Barclays |
| Alexander Medhurst | Barclays |