Veidekke ASA

OB:VEI Stock Report

Market Cap: NOK 19.2b

Veidekke Management

Management criteria checks 4/4

Veidekke's CEO is Jimmy Bengtsson, appointed in Sep 2019, has a tenure of 5.25 years. total yearly compensation is NOK6.62M, comprised of 71.1% salary and 28.9% bonuses, including company stock and options. directly owns 0.056% of the company’s shares, worth NOK10.82M. The average tenure of the management team and the board of directors is 4.6 years and 4.6 years respectively.

Key information

Jimmy Bengtsson

Chief executive officer

NOK 6.6m

Total compensation

CEO salary percentage71.1%
CEO tenure5.3yrs
CEO ownership0.06%
Management average tenure4.6yrs
Board average tenure4.6yrs

Recent management updates

Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

May 01
Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

Recent updates

Analyst Estimates: Here's What Brokers Think Of Veidekke ASA (OB:VEI) After Its Third-Quarter Report

Nov 10
Analyst Estimates: Here's What Brokers Think Of Veidekke ASA (OB:VEI) After Its Third-Quarter Report

Veidekke (OB:VEI) Knows How To Allocate Capital Effectively

Oct 02
Veidekke (OB:VEI) Knows How To Allocate Capital Effectively

We Think Veidekke's (OB:VEI) Robust Earnings Are Conservative

Aug 22
We Think Veidekke's (OB:VEI) Robust Earnings Are Conservative

Earnings Beat: Veidekke ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 19
Earnings Beat: Veidekke ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?

Jul 17
Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?

Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 11
Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

May 01
Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90

Apr 26
Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90

Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90

Apr 05
Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90

Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90

Mar 22
Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90

Is It Time To Consider Buying Veidekke ASA (OB:VEI)?

Mar 13
Is It Time To Consider Buying Veidekke ASA (OB:VEI)?

Calculating The Fair Value Of Veidekke ASA (OB:VEI)

Feb 29
Calculating The Fair Value Of Veidekke ASA (OB:VEI)

Veidekke's (OB:VEI) Conservative Accounting Might Explain Soft Earnings

Feb 15
Veidekke's (OB:VEI) Conservative Accounting Might Explain Soft Earnings

Earnings Not Telling The Story For Veidekke ASA (OB:VEI)

Jan 05
Earnings Not Telling The Story For Veidekke ASA (OB:VEI)

These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Sep 30
These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Jul 01
Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Is Veidekke (OB:VEI) A Risky Investment?

Jun 13
Is Veidekke (OB:VEI) A Risky Investment?

Does Veidekke (OB:VEI) Deserve A Spot On Your Watchlist?

May 18
Does Veidekke (OB:VEI) Deserve A Spot On Your Watchlist?

Veidekke ASA's (OB:VEI) Intrinsic Value Is Potentially 25% Below Its Share Price

Apr 14
Veidekke ASA's (OB:VEI) Intrinsic Value Is Potentially 25% Below Its Share Price

Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.75

Feb 11
Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.75

Investors Should Be Encouraged By Veidekke's (OB:VEI) Returns On Capital

Feb 03
Investors Should Be Encouraged By Veidekke's (OB:VEI) Returns On Capital

Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Jan 10
Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Veidekke (OB:VEI) Seems To Use Debt Quite Sensibly

Nov 01
Veidekke (OB:VEI) Seems To Use Debt Quite Sensibly

Veidekke (OB:VEI) Is Achieving High Returns On Its Capital

Sep 08
Veidekke (OB:VEI) Is Achieving High Returns On Its Capital

These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Jul 26
These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Results: Veidekke ASA Delivered A Surprise Loss And Now Analysts Have New Forecasts

May 15
Results: Veidekke ASA Delivered A Surprise Loss And Now Analysts Have New Forecasts

Veidekke's (OB:VEI) Upcoming Dividend Will Be Larger Than Last Year's

May 06
Veidekke's (OB:VEI) Upcoming Dividend Will Be Larger Than Last Year's

Veidekke (OB:VEI) Is Paying Out A Larger Dividend Than Last Year

Apr 22
Veidekke (OB:VEI) Is Paying Out A Larger Dividend Than Last Year

Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?

Mar 30
Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?

CEO Compensation Analysis

How has Jimmy Bengtsson's remuneration changed compared to Veidekke's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 1b

Jun 30 2024n/an/a

NOK 1b

Mar 31 2024n/an/a

NOK 1b

Dec 31 2023NOK 7mNOK 5m

NOK 1b

Sep 30 2023n/an/a

NOK 1b

Jun 30 2023n/an/a

NOK 1b

Mar 31 2023n/an/a

NOK 1b

Dec 31 2022NOK 6mNOK 4m

NOK 1b

Sep 30 2022n/an/a

NOK 905m

Jun 30 2022n/an/a

NOK 889m

Mar 31 2022n/an/a

NOK 904m

Dec 31 2021NOK 6mNOK 4m

NOK 958m

Sep 30 2021n/an/a

NOK 931m

Jun 30 2021n/an/a

NOK 997m

Mar 31 2021n/an/a

NOK 985m

Dec 31 2020NOK 4mNOK 4m

NOK 842m

Sep 30 2020n/an/a

NOK 467m

Jun 30 2020n/an/a

NOK 348m

Mar 31 2020n/an/a

NOK 352m

Dec 31 2019NOK 4mNOK 4m

NOK 392m

Sep 30 2019n/an/a

NOK 384m

Jun 30 2019n/an/a

NOK 484m

Mar 31 2019n/an/a

NOK 82m

Jan 01 2019n/an/a

NOK 119m

Sep 30 2018n/an/a

NOK 700m

Jun 30 2018n/an/a

NOK 670m

Mar 31 2018n/an/a

NOK 1b

Dec 31 2017NOK 4mNOK 3m

NOK 1b

Compensation vs Market: Jimmy's total compensation ($USD583.10K) is below average for companies of similar size in the Norwegian market ($USD840.00K).

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

CEO

Jimmy Bengtsson (58 yo)

5.3yrs

Tenure

NOK 6,622,000

Compensation

Mr. Jimmy Bengtsson serves as Group Chief Executive Officer of Veidekke ASA since September 1,2019. Mr. Bengtsson served as Executive Vice President of Construction Sweden at Veidekke ASA since January 1,...

Leadership Team

NamePositionTenureCompensationOwnership
Jimmy Bengtsson
Group Chief Executive Officer5.3yrsNOK 6.62m0.056%
NOK 10.8m
Jørgen Porsmyr
Executive VP & CFO4.3yrsNOK 4.25m0.097%
NOK 18.7m
Kristina Andreasson
Executive Vice President of Communications & Branding4.3yrsNOK 2.80m0.014%
NOK 2.7m
Anne Thorbjørnsen
Executive VP for HR and Occupational Health & Safety6.2yrsNOK 3.10m0.033%
NOK 6.3m
Torben Nielsen
Head of Operations in Denmarkno dataNOK 800.00k0.078%
NOK 15.1m
Terje Larsen
Executive Vice President of Risk Management & IT4.3yrsNOK 3.74m0.087%
NOK 16.7m
Lars Lund
Executive Vice President of Strategy & Sustainability4.9yrsNOK 3.39m0.014%
NOK 2.7m
Hans Sørlie
Executive Vice President of Veidekke Construction Norway6.4yrsNOK 4.00m0.062%
NOK 11.9m
Øivind Larsen
Executive Vice President of Veidekke Infrastructure - Norway6.5yrsNOK 4.35m0.027%
NOK 5.3m
Marcus Nilsson
Executive Vice President of Veidekke Infrastructure Sweden3.9yrsNOK 3.31m0.027%
NOK 5.1m
Martin Gadd
Executive Vice President of Building Construction Swedenless than a yearno datano data

4.6yrs

Average Tenure

55yo

Average Age

Experienced Management: VEI's management team is considered experienced (4.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Per-Ingemar Persson
Independent Director4.6yrsNOK 458.00k0.041%
NOK 7.9m
Gro Bakstad
Independent Chairman of the Board14.9yrsNOK 717.00k0.011%
NOK 2.2m
Carola Laven
Independent Director3.6yrsNOK 370.00kno data
Hanne Rønneberg
Independent Director4.6yrsNOK 445.00k0.0020%
NOK 384.1k
Inge Ramsdal
Employee Representative Director16.9yrsNOK 370.00k0.0067%
NOK 1.3m
Arve Fludal
Employee Representative Director9.6yrsNOK 370.00k0.0049%
NOK 931.5k
Nils Bohler
Director1.6yrsno datano data
Pal Eitrheim
Independent Director2.6yrsno datano data
Knut Opheim
Employee Representative Directorless than a yearno datano data

4.6yrs

Average Tenure

60yo

Average Age

Experienced Board: VEI's board of directors are considered experienced (4.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 22:45
End of Day Share Price 2024/12/30 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

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 .

Analyst Sources

Veidekke ASA is covered by 10 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
Magnus GranerødBeringer Finance AB
Mikkel Nyholt-SmedsengCarnegie Investment Bank AB