AF Gruppen Management
Management criteria checks 1/4
AF Gruppen's CEO is Amund Tøftum, appointed in Aug 2020, has a tenure of 4.25 years. directly owns 0.14% of the company’s shares, worth NOK19.94M. The average tenure of the management team and the board of directors is 4.3 years and 2.5 years respectively.
Key information
Amund Tøftum
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.3yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
AF Gruppen ASA's (OB:AFG) P/E Is On The Mark
Nov 14
Is AF Gruppen (OB:AFG) A Risky Investment?
Oct 24AF Gruppen's (OB:AFG) Conservative Accounting Might Explain Soft Earnings
Sep 07A Look At The Intrinsic Value Of AF Gruppen ASA (OB:AFG)
Aug 31Is AF Gruppen (OB:AFG) Using Too Much Debt?
Jul 17AF Gruppen (OB:AFG) Has Announced That Its Dividend Will Be Reduced To NOK3.50
May 12Why Investors Shouldn't Be Surprised By AF Gruppen ASA's (OB:AFG) P/E
May 11AF Gruppen (OB:AFG) Is Reducing Its Dividend To NOK3.50
Apr 25A Look At The Intrinsic Value Of AF Gruppen ASA (OB:AFG)
Mar 18AF Gruppen (OB:AFG) Will Pay A Smaller Dividend Than Last Year
Feb 27There May Be Some Bright Spots In AF Gruppen's (OB:AFG) Earnings
Feb 22Earnings Miss: AF Gruppen ASA Missed EPS By 44% And Analysts Are Revising Their Forecasts
Feb 18Be Wary Of AF Gruppen (OB:AFG) And Its Returns On Capital
Feb 13Some Confidence Is Lacking In AF Gruppen ASA's (OB:AFG) P/E
Dec 29Is AF Gruppen (OB:AFG) A Risky Investment?
Sep 22These 4 Measures Indicate That AF Gruppen (OB:AFG) Is Using Debt Reasonably Well
Jun 20AF Gruppen (OB:AFG) Is Due To Pay A Dividend Of NOK6.50
May 06AF Gruppen (OB:AFG) Has Announced A Dividend Of NOK6.50
Apr 05A Look At The Fair Value Of AF Gruppen ASA (OB:AFG)
Apr 02AF Gruppen (OB:AFG) Has A Pretty Healthy Balance Sheet
Mar 14AF Gruppen (OB:AFG) Is Due To Pay A Dividend Of NOK6.50
Feb 13Why You Should Care About AF Gruppen's (OB:AFG) Strong Returns On Capital
Feb 03AF Gruppen (OB:AFG) Seems To Use Debt Quite Sensibly
Dec 08Here's Why AF Gruppen (OB:AFG) Can Manage Its Debt Responsibly
Sep 06AF Gruppen (OB:AFG) Might Be Having Difficulty Using Its Capital Effectively
Aug 14Is There An Opportunity With AF Gruppen ASA's (OB:AFG) 35% Undervaluation?
Jul 13AF Gruppen (OB:AFG) Has Affirmed Its Dividend Of kr6.50
May 13AF Gruppen's (OB:AFG) Dividend Will Be kr6.50
Apr 28AF Gruppen (OB:AFG) Could Be Struggling To Allocate Capital
Apr 25AF Gruppen (OB:AFG) Will Pay A Dividend Of kr6.50
Apr 12Is There An Opportunity With AF Gruppen ASA's (OB:AFG) 36% Undervaluation?
Apr 11AF Gruppen (OB:AFG) Has Re-Affirmed Its Dividend Of kr6.50
Mar 28AF Gruppen (OB:AFG) Has Affirmed Its Dividend Of kr6.50
Mar 13AF Gruppen (OB:AFG) Will Pay A Dividend Of kr6.50
Feb 27AF Gruppen (OB:AFG) Has Re-Affirmed Its Dividend Of kr6.50
Feb 13Is AF Gruppen (OB:AFG) Using Too Much Debt?
Jan 25Here's Why I Think AF Gruppen (OB:AFG) Might Deserve Your Attention Today
Dec 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | NOK 508m |
| Jun 30 2024 | n/a | n/a | NOK 353m |
| Mar 31 2024 | n/a | n/a | NOK 546m |
| Dec 31 2023 | n/a | n/a | NOK 402m |
| Sep 30 2023 | n/a | n/a | NOK 596m |
| Jun 30 2023 | n/a | n/a | NOK 705m |
| Mar 31 2023 | n/a | n/a | NOK 806m |
| Dec 31 2022 | NOK 11m | NOK 4m | NOK 958m |
| Sep 30 2022 | n/a | n/a | NOK 1b |
| Jun 30 2022 | n/a | n/a | NOK 1b |
| Mar 31 2022 | n/a | n/a | NOK 1b |
| Dec 31 2021 | NOK 9m | NOK 4m | NOK 1b |
| Sep 30 2021 | n/a | n/a | NOK 1b |
| Jun 30 2021 | n/a | n/a | NOK 1b |
| Mar 31 2021 | n/a | n/a | NOK 1b |
| Dec 31 2020 | NOK 6m | NOK 2m | NOK 971m |
| Sep 30 2020 | n/a | n/a | NOK 767m |
| Jun 30 2020 | n/a | n/a | NOK 749m |
| Mar 31 2020 | n/a | n/a | NOK 840m |
| Dec 31 2019 | NOK 5m | NOK 2m | NOK 854m |
| Sep 30 2019 | n/a | n/a | NOK 899m |
| Jun 30 2019 | n/a | n/a | NOK 886m |
| Mar 31 2019 | n/a | n/a | NOK 782m |
| Dec 31 2018 | NOK 4m | NOK 2m | NOK 772m |
| Sep 30 2018 | n/a | n/a | NOK 727m |
| Jun 30 2018 | n/a | n/a | NOK 647m |
| Mar 31 2018 | n/a | n/a | NOK 667m |
| Dec 31 2017 | NOK 5m | NOK 2m | NOK 621m |
Compensation vs Market: Insufficient data to establish whether Amund's total compensation is reasonable compared to companies of similar size in the Norwegian market.
Compensation vs Earnings: Amund's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Amund Tøftum (46 yo)
4.3yrs
Tenure
NOK 11,219,000
Compensation
Mr. Amund Tøftum serves as Chief Executive Officer of AF Gruppen ASA since August 24, 2020. Mr. Tøftum has served as Executive Vice President of Offshore at AF Gruppen ASA since January 1, 2016 until Augus...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive VP & CFO | 2.2yrs | NOK 3.55m | 0.033% NOK 4.8m | |
| Executive Vice President of Sweden | 5.8yrs | NOK 3.43m | 0.18% NOK 25.7m | |
| Executive Vice President of Construction | 4.2yrs | NOK 3.57m | 0.057% NOK 8.4m | |
| Executive Vice President of Environment & Energy | 8.8yrs | NOK 3.52m | 0.037% NOK 5.5m | |
| Executive Vice President of Offshore | 2.2yrs | NOK 3.20m | 0.034% NOK 5.0m | |
| Chief Executive Officer | 4.3yrs | NOK 11.22m | 0.14% NOK 19.9m | |
| Communication Director | no data | no data | 0.0079% NOK 1.2m | |
| Chief Underwriting Officer | 4.4yrs | no data | no data | |
| Executive Vice President of Civil Engineering & Property | 5.7yrs | NOK 5.88m | 0.0023% NOK 334.7k |
4.3yrs
Average Tenure
48yo
Average Age
Experienced Management: AFG's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 12.5yrs | NOK 408.00k | no data | |
| Chairman of the Board | 1.5yrs | no data | 0.023% NOK 3.4m | |
| Director | 8.5yrs | NOK 424.00k | no data | |
| Director | 3.5yrs | NOK 389.00k | no data | |
| Director | no data | NOK 288.00k | no data | |
| Director | 2.5yrs | NOK 408.00k | no data | |
| Director | 2.5yrs | no data | no data | |
| Director | 1.5yrs | no data | no data | |
| Director | 2.5yrs | NOK 288.00k | no data | |
| Director | less than a year | no data | no data |
2.5yrs
Average Tenure
51yo
Average Age
Experienced Board: AFG's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.