AF Gruppen ASA

OB:AFG Stock Report

Market Cap: NOK 15.8b

AF Gruppen Management

Management criteria checks 1/4

AF Gruppen's CEO is Amund Tøftum, appointed in Aug 2020, has a tenure of 4.33 years. directly owns 0.14% of the company’s shares, worth NOK21.48M. The average tenure of the management team and the board of directors is 4.4 years and 2.6 years respectively.

Key information

Amund Tøftum

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure4.3yrs
CEO ownership0.1%
Management average tenure4.4yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

AF Gruppen ASA's (OB:AFG) P/E Is On The Mark

Nov 14
AF Gruppen ASA's (OB:AFG) P/E Is On The Mark

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

Oct 24
Is AF Gruppen (OB:AFG) A Risky Investment?

AF Gruppen's (OB:AFG) Conservative Accounting Might Explain Soft Earnings

Sep 07
AF Gruppen's (OB:AFG) Conservative Accounting Might Explain Soft Earnings

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

Aug 31
A Look At The Intrinsic Value Of AF Gruppen ASA (OB:AFG)

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

Jul 17
Is AF Gruppen (OB:AFG) Using Too Much Debt?

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

CEO Compensation Analysis

How has Amund Tøftum's remuneration changed compared to AF Gruppen's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 508m

Jun 30 2024n/an/a

NOK 353m

Mar 31 2024n/an/a

NOK 546m

Dec 31 2023n/an/a

NOK 402m

Sep 30 2023n/an/a

NOK 596m

Jun 30 2023n/an/a

NOK 705m

Mar 31 2023n/an/a

NOK 806m

Dec 31 2022NOK 11mNOK 4m

NOK 958m

Sep 30 2022n/an/a

NOK 1b

Jun 30 2022n/an/a

NOK 1b

Mar 31 2022n/an/a

NOK 1b

Dec 31 2021NOK 9mNOK 4m

NOK 1b

Sep 30 2021n/an/a

NOK 1b

Jun 30 2021n/an/a

NOK 1b

Mar 31 2021n/an/a

NOK 1b

Dec 31 2020NOK 6mNOK 2m

NOK 971m

Sep 30 2020n/an/a

NOK 767m

Jun 30 2020n/an/a

NOK 749m

Mar 31 2020n/an/a

NOK 840m

Dec 31 2019NOK 5mNOK 2m

NOK 854m

Sep 30 2019n/an/a

NOK 899m

Jun 30 2019n/an/a

NOK 886m

Mar 31 2019n/an/a

NOK 782m

Dec 31 2018NOK 4mNOK 2m

NOK 772m

Sep 30 2018n/an/a

NOK 727m

Jun 30 2018n/an/a

NOK 647m

Mar 31 2018n/an/a

NOK 667m

Dec 31 2017NOK 5mNOK 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

NamePositionTenureCompensationOwnership
Anny Øen
Executive VP & CFO2.3yrsNOK 3.55m0.033%
NOK 5.2m
Bård Frydenlund
Executive Vice President of Sweden5.9yrsNOK 3.43m0.18%
NOK 27.7m
Tormod Solberg
Executive Vice President of Construction4.3yrsNOK 3.57m0.057%
NOK 9.1m
Eirik Wraal
Executive Vice President of Environment & Energy8.9yrsNOK 3.52m0.037%
NOK 5.9m
Lars Hjelmeset
Executive Vice President of Offshore2.3yrsNOK 3.20m0.034%
NOK 5.4m
Amund Tøftum
Chief Executive Officer4.3yrsNOK 11.22m0.14%
NOK 21.5m
Knut Ekern
Communication Directorno datano data0.0079%
NOK 1.2m
Kelly Fusner
Chief Underwriting Officer4.5yrsno datano data
Geir Flata
Executive Vice President of Civil Engineering & Property5.8yrsNOK 5.88m0.0023%
NOK 360.6k

4.4yrs

Average Tenure

48yo

Average Age

Experienced Management: AFG's management team is considered experienced (4.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hege Bomark
Director12.6yrsNOK 408.00kno data
Morten Grongstad
Chairman of the Board1.6yrsno data0.023%
NOK 3.6m
Kristian Holth
Director8.6yrsNOK 424.00kno data
Saloume Djoudat
Director3.6yrsNOK 389.00kno data
Hilde Flaen
Directorno dataNOK 288.00kno data
Erik Veiby
Director2.6yrsNOK 408.00kno data
Hilde Herud
Director2.6yrsno datano data
Marianne Gjertsen
Director1.6yrsno datano data
Espen Jahr
Director2.6yrsNOK 288.00kno data
Rene Kristensen
Directorless than a yearno datano data

2.6yrs

Average Tenure

51yo

Average Age

Experienced Board: AFG's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 02:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

AF Gruppen ASA is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Glenn KringhaugABG Sundal Collier
Mikkel Nyholt-SmedsengCarnegie Investment Bank AB
Martin StenshallDanske Bank