Cadeler A/S

OB:CADLR Stock Report

Market Cap: NOK 17.1b

Cadeler Management

Management criteria checks 2/4

Cadeler's CEO is Mikkel Gleerup, appointed in Nov 2017, has a tenure of 7.5 years. total yearly compensation is €1.43M, comprised of 41.5% salary and 58.5% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth NOK3.59M. The average tenure of the management team and the board of directors is 2.9 years and 1.3 years respectively.

Key information

Mikkel Gleerup

Chief executive officer

€1.4m

Total compensation

CEO salary percentage41.46%
CEO tenure7.5yrs
CEO ownership0.02%
Management average tenure2.9yrs
Board average tenure1.3yrs

Recent management updates

This Is The Reason Why We Think Cadeler A/S' (OB:CADLR) CEO Might Be Underpaid

Apr 16
This Is The Reason Why We Think Cadeler A/S' (OB:CADLR) CEO Might Be Underpaid

Recent updates

This Is The Reason Why We Think Cadeler A/S' (OB:CADLR) CEO Might Be Underpaid

Apr 16
This Is The Reason Why We Think Cadeler A/S' (OB:CADLR) CEO Might Be Underpaid

Cadeler A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Mar 28
Cadeler A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
author-image

New Vessels Like Wind Peak Will Strengthen Future Renewable Energy Operations

Securing multivessel contracts and expanding the fleet with new vessels are expected to boost revenue and operational capacity.

Revenues Tell The Story For Cadeler A/S (OB:CADLR)

Feb 14
Revenues Tell The Story For Cadeler A/S (OB:CADLR)

These 4 Measures Indicate That Cadeler (OB:CADLR) Is Using Debt Extensively

Jan 10
These 4 Measures Indicate That Cadeler (OB:CADLR) Is Using Debt Extensively

Cadeler's (OB:CADLR) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Dec 04
Cadeler's (OB:CADLR) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Cadeler's (OB:CADLR) Returns Have Hit A Wall

Aug 27
Cadeler's (OB:CADLR) Returns Have Hit A Wall

Shareholders Shouldn’t Be Too Comfortable With Cadeler's (OB:CADLR) Strong Earnings

Apr 06
Shareholders Shouldn’t Be Too Comfortable With Cadeler's (OB:CADLR) Strong Earnings

Cadeler A/S Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Apr 01
Cadeler A/S Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Here's What Cadeler A/S' (OB:CADLR) Shareholder Ownership Structure Looks Like

Feb 28
Here's What Cadeler A/S' (OB:CADLR) Shareholder Ownership Structure Looks Like

CEO Compensation Analysis

How has Mikkel Gleerup's remuneration changed compared to Cadeler's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024€1m€592k

€65m

Sep 30 2024n/an/a

€9m

Jun 30 2024n/an/a

-€18m

Mar 31 2024n/an/a

-€11m

Dec 31 2023€1m€531k

€11m

Sep 30 2023n/an/a

€43m

Jun 30 2023n/an/a

€55m

Mar 31 2023n/an/a

€33m

Dec 31 2022€839k€414k

€36m

Sep 30 2022n/an/a

€24m

Jun 30 2022n/an/a

€12m

Mar 31 2022n/an/a

€10m

Dec 31 2021€708k€372k

€7m

Sep 30 2021n/an/a

€3m

Jun 30 2021n/an/a

-€2m

Mar 31 2021n/an/a

-€14m

Dec 31 2020n/an/a

-€27m

Sep 30 2020n/an/a

-€32m

Jun 30 2020n/an/a

-€38m

Mar 31 2020n/an/a

-€31m

Dec 31 2019€288kn/a

-€24m

Compensation vs Market: Mikkel's total compensation ($USD1.62M) is above average for companies of similar size in the Norwegian market ($USD916.35K).

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

CEO

Mikkel Gleerup (46 yo)

7.5yrs
Tenure
€1,428,401
Compensation

Mr. Mikkel Gleerup is the Chief Executive Officer of Cadeler A/S since November 2017 and served as its Chief Operating Officer from February 2017. He joined Cadeler A/S in 2017 and serves as its a Member o...

Leadership Team

NamePositionTenureCompensationOwnership
Mikkel Gleerup
CEO & Member of the Executive Board7.5yrs€1.43m0.021%
NOK 3.6m
Peter Hansen
CFO & Member of Executive Board2.9yrs€860.37kno data
Jacob Jensen
Chief Operating Officer5.9yrs€273.36kno data
Peter Jacobsen
Chief Technical Officer2.8yrsno datano data
Alexander Simmonds
Executive VP & Chief Legal Officer1.2yrsno datano data
Karen Roiy
Vice President of Marketing & Communicationno datano datano data
Sarah Kaldas
Chief Sales Officerno datano datano data
Rikke Kolby
Chief People & Culture Officerno datano datano data
Jacob Gregersen
Chief Commercial Officer5.8yrs€257.07kno data
Mario Robayo
Head of Finance2.9yrsno datano data
Lola Laporta
Chief Sustainability & Performance Officerless than a yearno datano data
2.9yrs
Average Tenure

Experienced Management: CADLR's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
James Nish
Independent Director1.3yrs€81.13kno data
Andreas Sohmen-Pao
Non-Independent Chairman of the Board4.1yrsno datano data
Ditlev Wedell-Wedellsborg
Independent Director5.3yrs€82.82kno data
Thomas Andersen
Independent Directorless than a year€12.25kno data
Emanuele Lauro
Vice Chairman1.3yrsno datano data
Andrea Abt
Independent Director2.3yrs€81.25k0.0017%
NOK 292.6k
Colette Cohen
Independent Director1.1yrs€57.53kno data
1.3yrs
Average Tenure
63yo
Average Age

Experienced Board: CADLR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/21 05:03
End of Day Share Price 2025/05/21 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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 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

Cadeler A/S is covered by 10 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
Mattias KarlkjellABG Sundal Collier
Daniel Vårdal HauglandABG Sundal Collier
Jørgen LandeDanske Bank