Circio Holding ASA

OB:CRNA Stock Report

Market Cap: NOK 33.3m

Circio Holding Management

Management criteria checks 4/4

Circio Holding's CEO is Erik Wiklund, appointed in Oct 2021, has a tenure of 3.17 years. total yearly compensation is NOK2.60M, comprised of 95.7% salary and 4.3% bonuses, including company stock and options. directly owns 0.63% of the company’s shares, worth NOK207.98K. The average tenure of the management team and the board of directors is 3.2 years and 4.4 years respectively.

Key information

Erik Wiklund

Chief executive officer

NOK 2.6m

Total compensation

CEO salary percentage95.7%
CEO tenure3.2yrs
CEO ownership0.6%
Management average tenure3.2yrs
Board average tenure4.4yrs

Recent management updates

Circio Holding ASA's (OB:CRNA) CEO Will Probably Struggle To See A Pay Rise This Year

May 29
Circio Holding ASA's (OB:CRNA) CEO Will Probably Struggle To See A Pay Rise This Year

Recent updates

Circio Holding ASA's (OB:CRNA) CEO Will Probably Struggle To See A Pay Rise This Year

May 29
Circio Holding ASA's (OB:CRNA) CEO Will Probably Struggle To See A Pay Rise This Year

Targovax ASA's (OB:TRVX) Intrinsic Value Is Potentially 96% Above Its Share Price

Aug 24
Targovax ASA's (OB:TRVX) Intrinsic Value Is Potentially 96% Above Its Share Price

Health Check: How Prudently Does Targovax (OB:TRVX) Use Debt?

Jul 08
Health Check: How Prudently Does Targovax (OB:TRVX) Use Debt?

Is Targovax (OB:TRVX) Using Debt In A Risky Way?

Oct 27
Is Targovax (OB:TRVX) Using Debt In A Risky Way?

Is Targovax (OB:TRVX) A Risky Investment?

Jul 05
Is Targovax (OB:TRVX) A Risky Investment?

Shareholders May Be A Bit More Conservative With Targovax ASA's (OB:TRVX) CEO Compensation For Now

Mar 10
Shareholders May Be A Bit More Conservative With Targovax ASA's (OB:TRVX) CEO Compensation For Now

Is Targovax (OB:TRVX) Using Debt In A Risky Way?

Feb 20
Is Targovax (OB:TRVX) Using Debt In A Risky Way?

The Chief Scientific Officer of Targovax ASA (OB:TRVX), Victor Levitsky, Just Bought A Few More Shares

Dec 05
The Chief Scientific Officer of Targovax ASA (OB:TRVX), Victor Levitsky, Just Bought A Few More Shares

CEO Compensation Analysis

How has Erik Wiklund's remuneration changed compared to Circio Holding's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

NOK 9m

Mar 31 2024n/an/a

-NOK 51m

Dec 31 2023NOK 3mNOK 2m

-NOK 111m

Sep 30 2023n/an/a

-NOK 446m

Jun 30 2023n/an/a

-NOK 449m

Mar 31 2023n/an/a

-NOK 440m

Dec 31 2022NOK 4mNOK 3m

-NOK 433m

Sep 30 2022n/an/a

-NOK 107m

Jun 30 2022n/an/a

-NOK 110m

Mar 31 2022n/an/a

-NOK 106m

Dec 31 2021NOK 3mNOK 2m

-NOK 98m

Sep 30 2021n/an/a

-NOK 98m

Jun 30 2021n/an/a

-NOK 97m

Mar 31 2021n/an/a

-NOK 105m

Dec 31 2020NOK 3mNOK 2m

-NOK 108m

Sep 30 2020n/an/a

-NOK 117m

Jun 30 2020n/an/a

-NOK 120m

Mar 31 2020n/an/a

-NOK 132m

Dec 31 2019NOK 2mNOK 2m

-NOK 148m

Sep 30 2019n/an/a

-NOK 153m

Jun 30 2019n/an/a

-NOK 162m

Mar 31 2019n/an/a

-NOK 153m

Dec 31 2018NOK 2mNOK 2m

-NOK 147m

Sep 30 2018n/an/a

-NOK 139m

Jun 30 2018n/an/a

-NOK 132m

Mar 31 2018n/an/a

-NOK 129m

Dec 31 2017NOK 942kNOK 883k

-NOK 122m

Compensation vs Market: Erik's total compensation ($USD227.17K) is about average for companies of similar size in the Norwegian market ($USD288.73K).

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

CEO

Erik Wiklund

3.2yrs

Tenure

NOK 2,603,000

Compensation

Dr. Erik Digman Wiklund serves as Chief Executive Officer of Circio Holding ASA (formerly known as Targovax ASA) since October 2021 and had been its Chief Business Officer since September 24, 2018 until Oc...

Leadership Team

NamePositionTenureCompensationOwnership
Erik Wiklund
Chief Executive Officer3.2yrsNOK 2.60m0.63%
NOK 208.0k
Lubor Gaal
CFO & Head of BD2.8yrsNOK 2.88m0.21%
NOK 68.5k
Ola Melin
Chief Operating Officerless than a yearNOK 1.97m0.21%
NOK 69.7k
Thomas Hansen
Chief Technology Officerless than a yearNOK 1.97m0.21%
NOK 68.5k
Victor Levitsky
Chief Scientific Officer4.6yrsNOK 790.00k0.21%
NOK 68.8k
Jon Eriksen
Special Advisor7yrsNOK 1.86mno data
Gustav Gaudernack
Chief Scientific Adviserno datano datano data
Peter Skorpil
Vice President of Business Development9.7yrsNOK 1.07mno data

3.2yrs

Average Tenure

Experienced Management: CRNA's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Diane Mellett
Independent Non-Executive Director9.3yrsNOK 371.00k0.29%
NOK 95.5k
Thomas Falck
Director2.7yrsNOK 357.00k0.21%
NOK 68.5k
Robert Burns
Independent Director9.4yrsNOK 352.00k0.15%
NOK 50.1k
Damian Marron
Chairman of the Board4.7yrsNOK 589.00k0.37%
NOK 123.9k
Dmitriy Zamarin
Member of Medical Advisory Board4.2yrsno datano data
Dean Fennell
Member of Scientific Advisory Board4.2yrsno datano data

4.4yrs

Average Tenure

63yo

Average Age

Experienced Board: CRNA's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 02:26
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
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

Circio Holding ASA is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Arvid NecanderCarnegie Investment Bank AB
Geir HolomDNB Markets
Jonas PeciulisEdison Investment Research