KMC Properties Management

Management criteria checks 3/4

KMC Properties' CEO is Liv Malvik, appointed in Dec 2020, has a tenure of 3.33 years. total yearly compensation is NOK3.30M, comprised of 75.8% salary and 24.2% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth NOK1.29M. The average tenure of the management team and the board of directors is 2.8 years and 0.8 years respectively.

Key information

Liv Malvik

Chief executive officer

kr3.3m

Total compensation

CEO salary percentage	75.8%
CEO tenure	3.3yrs
CEO ownership	0.04%
Management average tenure	2.8yrs
Board average tenure	less than a year

Recent management updates

Recent updates

KMC Properties' (OB:KMCP) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Mar 03

CEO Compensation Analysis

How has Liv Malvik's remuneration changed compared to KMC Properties's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-kr78m
Sep 30 2023	n/a	n/a	-kr54m
Jun 30 2023	n/a	n/a	kr137m
Mar 31 2023	n/a	n/a	kr205m
Dec 31 2022	kr3m	kr3m	kr244m
Sep 30 2022	n/a	n/a	kr332m
Jun 30 2022	n/a	n/a	kr353m
Mar 31 2022	n/a	n/a	kr309m
Dec 31 2021	kr4m	kr2m	kr303m
Sep 30 2021	n/a	n/a	kr154m
Jun 30 2021	n/a	n/a	kr409m
Mar 31 2021	n/a	n/a	kr390m
Dec 31 2020	kr2m	kr963k	kr341m

Compensation vs Market: Liv's total compensation ($USD300.87K) is below average for companies of similar size in the Norwegian market ($USD511.99K).

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

CEO

Liv Malvik

3.3yrs

Tenure

kr3,300,000

Compensation

Mr. Liv Malvik is Chief Executive Officer of KMC Properties ASA from December 20, 2020. Mr. Malvik served as the Head of Corporate Market Division of Sparebanken Midt-Norge. Mr. Malvik had been a Deputy Di...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kristoffer Holmen	Chief Financial Officer	2.8yrs	kr3.24m	no data
Audun Aasen	Chief Operating Officer	no data	kr2.40m	no data
Liv Malvik	Chief Executive Officer	3.3yrs	kr3.30m	0.043% NOK 1.3m
Ove Henriksen	Chief Accounting Officer	no data	kr2.11m	no data
Frode Kristiansen	Adviser	2.8yrs	no data	no data
Christian Linge	Interim Head of M&A	no data	no data	no data

2.8yrs

Average Tenure

Experienced Management: KMCP's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jonas Grander	Independent Director	less than a year	no data	no data
Morten Astrup	Independent Director	no data	kr330.00k	2.4% NOK 72.0m
Mia Arnhult	Independent Director	less than a year	no data	no data
Haakon Sæter	Independent Director	1.2yrs	kr305.00k	no data
Hege Veiseth	Independent Director	1.2yrs	kr321.00k	no data
Marianne Bekken	Director	no data	kr330.00k	no data
John Thoresen	Director	1.8yrs	kr355.00k	no data
Bjornar Ulstein	Chairman	less than a year	no data	no data

0.8yrs

Average Tenure

51yo

Average Age

Experienced Board: KMCP's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.

KMC Properties Management

Management criteria checks 3/4

Key information

Recent management updates

KMC Properties ASA Announces Resignation of CFO Kristoffer Holmen

KMC Properties ASA, Annual General Meeting, May 15, 2024

KMC Properties ASA Approves Nomination Committee Appointments

KMC Properties ASA, Annual General Meeting, May 11, 2023

Less than half of directors are independent

KMC Properties ASA Announces Executive Changes

Recent updates

KMC Properties ASA Announces Resignation of CFO Kristoffer Holmen

Full year 2023 earnings: EPS misses analyst expectations

Full year 2023 earnings released: kr0.23 loss per share (vs kr0.84 profit in FY 2022)

Price target increased by 7.1% to kr7.50

KMC Properties ASA, Annual General Meeting, May 15, 2024

An undisclosed buyer acquired 8.4% stake in KMC Properties ASA (OB:KMCP) from BEWi ASA (OB:BEWI).

Price target decreased by 13% to kr7.00

Third quarter 2023 earnings: Revenues miss analyst expectations

Consensus EPS estimates fall by 16%

Second quarter 2023 earnings: Revenues in line with analyst expectations

KMC Properties ASA Approves Nomination Committee Appointments

Consensus EPS estimates fall by 12%, revenue upgraded

First quarter 2023 earnings: Revenues in line with analyst expectations

KMC Properties' (OB:KMCP) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Full year 2022 earnings released: EPS: kr0.86 (vs kr1.17 in FY 2021)

KMC Properties ASA to Report Q1, 2023 Results on May 04, 2023

KMC Properties ASA, Annual General Meeting, May 11, 2023

An unknown buyer acquired office building in Moscow from KMC Properties ASA (OB:KMCP) for EUR 9.6 million.

Less than half of directors are independent

Third quarter 2022 earnings released

Investor sentiment improved over the past week

Second quarter 2022 earnings: Revenues miss analyst expectations

KMC Properties ASA Announces Executive Changes

Consensus EPS estimates increase by 30%

KMC Properties ASA (OB:KMCP) agreed to acquire Two industrial properties in Denmark for approximately DKK 151.1 million.

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target increased to kr11.50

Less than half of directors are independent

Full year 2021 earnings: EPS exceeds analyst expectations

Consensus forecasts updated

Third quarter 2021 earnings released: EPS kr0.35 (vs kr0.27 loss in 3Q 2020)

Investor sentiment improved over the past week

Head of M&A recently bought kr124k worth of stock

Director Borge Klungerbo has left the company

Deputy Chairman recently bought kr76m worth of stock

KMC Properties Signs Letter of Intent with BEWI ASA for Development of Packaging Hub At Hitra

EBE Eiendom AS and Kverva AS completed the acquisition of additional 0.062% stake in Storm Real Estate ASA (OB:STORM) for NOK 1 million.

Storm Real Estate ASA to Report Q1, 2021 Results on May 27, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age