AF Gruppen ASA

OB:AFG Stock Report

Market Cap: kr14.4b

AF Gruppen Management

Management criteria checks 2/4

AF Gruppen's CEO is Amund Tøftum, appointed in Aug 2020, has a tenure of 3.83 years. total yearly compensation is NOK11.22M, comprised of 36.2% salary and 63.8% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth NOK19.42M. The average tenure of the management team and the board of directors is 3.9 years and 2.1 years respectively.

Key information

Amund Tøftum

Chief executive officer

kr11.2m

Total compensation

CEO salary percentage36.2%
CEO tenure3.8yrs
CEO ownership0.1%
Management average tenure3.9yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

AF Gruppen (OB:AFG) Has Announced That Its Dividend Will Be Reduced To NOK3.50

May 12
AF Gruppen (OB:AFG) Has Announced That Its Dividend Will Be Reduced To NOK3.50

Why Investors Shouldn't Be Surprised By AF Gruppen ASA's (OB:AFG) P/E

May 11
Why Investors Shouldn't Be Surprised By AF Gruppen ASA's (OB:AFG) P/E

AF Gruppen (OB:AFG) Is Reducing Its Dividend To NOK3.50

Apr 25
AF Gruppen (OB:AFG) Is Reducing Its Dividend To NOK3.50

A Look At The Intrinsic Value Of AF Gruppen ASA (OB:AFG)

Mar 18
A Look At The Intrinsic Value Of AF Gruppen ASA (OB:AFG)

AF Gruppen (OB:AFG) Will Pay A Smaller Dividend Than Last Year

Feb 27
AF Gruppen (OB:AFG) Will Pay A Smaller Dividend Than Last Year

There May Be Some Bright Spots In AF Gruppen's (OB:AFG) Earnings

Feb 22
There May Be Some Bright Spots In AF Gruppen's (OB:AFG) Earnings

Earnings Miss: AF Gruppen ASA Missed EPS By 44% And Analysts Are Revising Their Forecasts

Feb 18
Earnings Miss: AF Gruppen ASA Missed EPS By 44% And Analysts Are Revising Their Forecasts

Be Wary Of AF Gruppen (OB:AFG) And Its Returns On Capital

Feb 13
Be Wary Of AF Gruppen (OB:AFG) And Its Returns On Capital

Some Confidence Is Lacking In AF Gruppen ASA's (OB:AFG) P/E

Dec 29
Some Confidence Is Lacking In AF Gruppen ASA's (OB:AFG) P/E

Is AF Gruppen (OB:AFG) A Risky Investment?

Sep 22
Is AF Gruppen (OB:AFG) A Risky Investment?

These 4 Measures Indicate That AF Gruppen (OB:AFG) Is Using Debt Reasonably Well

Jun 20
These 4 Measures Indicate That AF Gruppen (OB:AFG) Is Using Debt Reasonably Well

AF Gruppen (OB:AFG) Is Due To Pay A Dividend Of NOK6.50

May 06
AF Gruppen (OB:AFG) Is Due To Pay A Dividend Of NOK6.50

AF Gruppen (OB:AFG) Has Announced A Dividend Of NOK6.50

Apr 05
AF Gruppen (OB:AFG) Has Announced A Dividend Of NOK6.50

A Look At The Fair Value Of AF Gruppen ASA (OB:AFG)

Apr 02
A Look At The Fair Value Of AF Gruppen ASA (OB:AFG)

AF Gruppen (OB:AFG) Has A Pretty Healthy Balance Sheet

Mar 14
AF Gruppen (OB:AFG) Has A Pretty Healthy Balance Sheet

AF Gruppen (OB:AFG) Is Due To Pay A Dividend Of NOK6.50

Feb 13
AF Gruppen (OB:AFG) Is Due To Pay A Dividend Of NOK6.50

Why You Should Care About AF Gruppen's (OB:AFG) Strong Returns On Capital

Feb 03
Why You Should Care About AF Gruppen's (OB:AFG) Strong Returns On Capital

AF Gruppen (OB:AFG) Seems To Use Debt Quite Sensibly

Dec 08
AF Gruppen (OB:AFG) Seems To Use Debt Quite Sensibly

Here's Why AF Gruppen (OB:AFG) Can Manage Its Debt Responsibly

Sep 06
Here's Why AF Gruppen (OB:AFG) Can Manage Its Debt Responsibly

AF Gruppen (OB:AFG) Might Be Having Difficulty Using Its Capital Effectively

Aug 14
AF Gruppen (OB:AFG) Might Be Having Difficulty Using Its Capital Effectively

Is There An Opportunity With AF Gruppen ASA's (OB:AFG) 35% Undervaluation?

Jul 13
Is There An Opportunity With AF Gruppen ASA's (OB:AFG) 35% Undervaluation?

AF Gruppen (OB:AFG) Has Affirmed Its Dividend Of kr6.50

May 13
AF Gruppen (OB:AFG) Has Affirmed Its Dividend Of kr6.50

AF Gruppen's (OB:AFG) Dividend Will Be kr6.50

Apr 28
AF Gruppen's (OB:AFG) Dividend Will Be kr6.50

AF Gruppen (OB:AFG) Could Be Struggling To Allocate Capital

Apr 25
AF Gruppen (OB:AFG) Could Be Struggling To Allocate Capital

AF Gruppen (OB:AFG) Will Pay A Dividend Of kr6.50

Apr 12
AF Gruppen (OB:AFG) Will Pay A Dividend Of kr6.50

Is There An Opportunity With AF Gruppen ASA's (OB:AFG) 36% Undervaluation?

Apr 11
Is There An Opportunity With AF Gruppen ASA's (OB:AFG) 36% Undervaluation?

AF Gruppen (OB:AFG) Has Re-Affirmed Its Dividend Of kr6.50

Mar 28
AF Gruppen (OB:AFG) Has Re-Affirmed Its Dividend Of kr6.50

AF Gruppen (OB:AFG) Has Affirmed Its Dividend Of kr6.50

Mar 13
AF Gruppen (OB:AFG) Has Affirmed Its Dividend Of kr6.50

AF Gruppen (OB:AFG) Will Pay A Dividend Of kr6.50

Feb 27
AF Gruppen (OB:AFG) Will Pay A Dividend Of kr6.50

AF Gruppen (OB:AFG) Has Re-Affirmed Its Dividend Of kr6.50

Feb 13
AF Gruppen (OB:AFG) Has Re-Affirmed Its Dividend Of kr6.50

Is AF Gruppen (OB:AFG) Using Too Much Debt?

Jan 25
Is AF Gruppen (OB:AFG) Using Too Much Debt?

Here's Why I Think AF Gruppen (OB:AFG) Might Deserve Your Attention Today

Dec 14
Here's Why I Think AF Gruppen (OB:AFG) Might Deserve Your Attention Today

AF Gruppen (OB:AFG) Is Increasing Its Dividend To kr4.00

Nov 14
AF Gruppen (OB:AFG) Is Increasing Its Dividend To kr4.00

AF Gruppen (OB:AFG) Could Be Struggling To Allocate Capital

Oct 31
AF Gruppen (OB:AFG) Could Be Struggling To Allocate Capital

AF Gruppen (OB:AFG) Has A Rock Solid Balance Sheet

Oct 19
AF Gruppen (OB:AFG) Has A Rock Solid Balance Sheet

Are Investors Undervaluing AF Gruppen ASA (OB:AFG) By 42%?

Sep 26
Are Investors Undervaluing AF Gruppen ASA (OB:AFG) By 42%?

Returns On Capital Signal Tricky Times Ahead For AF Gruppen (OB:AFG)

Jul 26
Returns On Capital Signal Tricky Times Ahead For AF Gruppen (OB:AFG)

AF Gruppen (OB:AFG) Seems To Use Debt Rather Sparingly

Jul 01
AF Gruppen (OB:AFG) Seems To Use Debt Rather Sparingly

Do AF Gruppen's (OB:AFG) Earnings Warrant Your Attention?

Apr 06
Do AF Gruppen's (OB:AFG) Earnings Warrant Your Attention?

Here's Why AF Gruppen (OB:AFG) Can Manage Its Debt Responsibly

Mar 26
Here's Why AF Gruppen (OB:AFG) Can Manage Its Debt Responsibly

Chief Executive Officer Amund Tøftum Just Bought 8.4% More Shares In AF Gruppen ASA (OB:AFG)

Mar 03
Chief Executive Officer Amund Tøftum Just Bought 8.4% More Shares In AF Gruppen ASA (OB:AFG)

Zooming in on OB:AFG's 5.6% Dividend Yield

Feb 22
Zooming in on OB:AFG's 5.6% Dividend Yield

CEO Compensation Analysis

How has Amund Tøftum's remuneration changed compared to AF Gruppen's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

kr546m

Dec 31 2023n/an/a

kr402m

Sep 30 2023n/an/a

kr596m

Jun 30 2023n/an/a

kr705m

Mar 31 2023n/an/a

kr806m

Dec 31 2022kr11mkr4m

kr958m

Sep 30 2022n/an/a

kr1b

Jun 30 2022n/an/a

kr1b

Mar 31 2022n/an/a

kr1b

Dec 31 2021kr9mkr4m

kr1b

Sep 30 2021n/an/a

kr1b

Jun 30 2021n/an/a

kr1b

Mar 31 2021n/an/a

kr1b

Dec 31 2020kr6mkr2m

kr971m

Sep 30 2020n/an/a

kr767m

Jun 30 2020n/an/a

kr749m

Mar 31 2020n/an/a

kr840m

Dec 31 2019kr5mkr2m

kr854m

Sep 30 2019n/an/a

kr899m

Jun 30 2019n/an/a

kr886m

Mar 31 2019n/an/a

kr782m

Dec 31 2018kr4mkr2m

kr772m

Sep 30 2018n/an/a

kr727m

Jun 30 2018n/an/a

kr647m

Mar 31 2018n/an/a

kr667m

Dec 31 2017kr5mkr2m

kr621m

Compensation vs Market: Amund's total compensation ($USD1.05M) is about average for companies of similar size in the Norwegian market ($USD896.46K).

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)

3.8yrs

Tenure

kr11,219,000

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

NamePositionTenureCompensationOwnership
Anny Øen
Executive VP & CFO1.8yrskr3.55m0.033%
NOK 4.7m
Bård Frydenlund
Executive Vice President of Sweden5.4yrskr3.43m0.18%
NOK 25.5m
Tormod Solberg
Executive Vice President of Construction3.8yrskr3.57m0.058%
NOK 8.3m
Eirik Wraal
Executive Vice President of Environment & Energy8.4yrskr3.52m0.036%
NOK 5.2m
Lars Hjelmeset
Executive Vice President of Offshore1.8yrskr3.20m0.033%
NOK 4.7m
Amund Tøftum
Chief Executive Officer3.8yrskr11.22m0.13%
NOK 19.4m
Knut Ekern
Communication Directorno datano data0.0079%
NOK 1.1m
Kelly Fusner
Chief Underwriting Officer4yrsno datano data
Geir Flata
Executive Vice President of Civil Engineering & Property5.3yrskr5.88m0.0021%
NOK 306.3k

3.9yrs

Average Tenure

48yo

Average Age

Experienced Management: AFG's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hege Bomark
Director12.1yrskr408.00kno data
Morten Grongstad
Chairman of the Board1.1yrsno data0.023%
NOK 3.3m
Arne Sveen
Directorno datakr288.00kno data
Kristian Holth
Director8.1yrskr424.00kno data
Saloume Djoudat
Director3.1yrskr389.00kno data
Hilde Flaen
Directorno datakr288.00k0.027%
NOK 3.9m
Erik Veiby
Director2.1yrskr408.00kno data
Hilde Herud
Director2.1yrsno data0.0028%
NOK 408.9k
Marianne Gjertsen
Director1.1yrsno datano data
Espen Jahr
Director2.1yrskr288.00k0.0047%
NOK 673.3k

2.1yrs

Average Tenure

51.5yo

Average Age

Experienced Board: AFG's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

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