Selvaag Bolig Management

Management criteria checks 3/4

Selvaag Bolig's CEO is Sverre Molvik, appointed in Oct 2020, has a tenure of 3.5 years. total yearly compensation is NOK9.36M, comprised of 42.3% salary and 57.7% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth NOK16.95M. The average tenure of the management team and the board of directors is 3.4 years and 5.9 years respectively.

Key information

Sverre Molvik

Chief executive officer

kr9.4m

Total compensation

CEO salary percentage	42.3%
CEO tenure	3.5yrs
CEO ownership	0.5%
Management average tenure	3.4yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

Is It Too Late To Consider Buying Selvaag Bolig ASA (OB:SBO)?

Sep 09

Is Selvaag Bolig (OB:SBO) Using Too Much Debt?

Aug 19

Need To Know: Analysts Just Made A Substantial Cut To Their Selvaag Bolig ASA (OB:SBO) Estimates

May 27

Selvaag Bolig (OB:SBO) Has Rewarded Shareholders With An Exceptional 317% Total Return On Their Investment

Nov 27

CEO Compensation Analysis

How has Sverre Molvik's remuneration changed compared to Selvaag Bolig's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	kr9m	kr4m	kr245m
Sep 30 2023	n/a	n/a	kr182m
Jun 30 2023	n/a	n/a	kr241m
Mar 31 2023	n/a	n/a	kr366m
Dec 31 2022	kr9m	kr4m	kr339m
Sep 30 2022	n/a	n/a	kr512m
Jun 30 2022	n/a	n/a	kr586m
Mar 31 2022	n/a	n/a	kr466m
Dec 31 2021	kr8m	kr4m	kr505m
Sep 30 2021	n/a	n/a	kr530m
Jun 30 2021	n/a	n/a	kr479m
Mar 31 2021	n/a	n/a	kr471m
Dec 31 2020	kr8m	kr4m	kr2b
Sep 30 2020	n/a	n/a	kr2b
Jun 30 2020	n/a	n/a	kr2b
Mar 31 2020	n/a	n/a	kr2b
Dec 31 2019	kr9m	kr3m	kr655m
Sep 30 2019	n/a	n/a	kr739m
Jun 30 2019	n/a	n/a	kr613m
Mar 31 2019	n/a	n/a	kr520m
Dec 31 2018	kr7m	kr3m	kr567m
Sep 30 2018	n/a	n/a	kr366m
Jun 30 2018	n/a	n/a	kr326m
Mar 31 2018	n/a	n/a	kr356m
Dec 31 2017	kr6m	kr2m	kr401m

Compensation vs Market: Sverre's total compensation ($USD853.75K) is above average for companies of similar size in the Norwegian market ($USD511.99K).

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

CEO

Sverre Molvik (52 yo)

3.5yrs

Tenure

kr9,364,000

Compensation

Mr. Sverre Molvik has been Group Chief Executive Officer of Selvaag Bolig ASA since October 19, 2020 and serves as its President. He served as its Chief Financial Officer of Selvaag Bolig ASA since January...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sverre Molvik	President & Group CEO	3.5yrs	kr9.36m	0.52% NOK 17.0m
Christopher Brunvoll	Chief Financial Officer	3.1yrs	kr8.00k	0.29% NOK 9.5m
Oystein Klungland	Chief Operating Officer	3.5yrs	kr7.67m	0.52% NOK 17.0m
Kristoffer Gregersen	Executive Vice President of Communications	no data	kr3.37m	0.24% NOK 7.8m
Line Mjell	Executive Vice President of Market	3.3yrs	no data	0.20% NOK 6.3m

3.4yrs

Average Tenure

Experienced Management: SBO's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gisele Marchand	Independent Deputy Chair of the Board	12.3yrs	kr480.00k	0.011% NOK 346.0k
Olav Selvaag	Chairman of the Board	16.3yrs	kr555.00k	no data
Oystein Thorup	Independent Director	4yrs	no data	0.0045% NOK 145.1k
Tore Myrvold	Director	5.9yrs	kr405.00k	0.019% NOK 620.9k
Camilla Wahl	Independent Director	4yrs	no data	no data
Marianne Ornsrud	Alternate Director	no data	kr32.00k	no data
Sissel Kragnes	Employee-Elected Director	7yrs	kr37.00k	no data
Camilla Stensrud	Alternate Director	no data	no data	no data
Patrik Eriksson	Employee-Elected Director	3yrs	no data	0.012% NOK 371.8k

5.9yrs

Average Tenure

52.5yo

Average Age

Experienced Board: SBO's board of directors are considered experienced (5.9 years average tenure).

Selvaag Bolig Management

Management criteria checks 3/4

Key information

Recent management updates

President & CEO recently sold kr1.0m worth of stock

Independent Deputy Chair of the Board recently bought kr100k worth of stock

Chief Executive Officer recently sold kr3.6m worth of stock

Independent Director recently bought kr51k worth of stock

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Upcoming dividend of kr1.00 per share

Full year 2023 earnings: EPS and revenues miss analyst expectations

Consensus revenue estimates fall by 25%

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

President & CEO recently sold kr1.0m worth of stock

Dividend of kr1.00 announced

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Selvaag Bolig ASA to Report Q3, 2024 Results on Nov 07, 2024

New minor risk - Profit margin trend

Selvaag Bolig ASA Announces Dividend, Payable on 24 August 2023

Second quarter 2023 earnings: Revenues exceed analyst expectations

Independent Deputy Chair of the Board recently bought kr100k worth of stock

First quarter 2023 earnings: EPS misses analyst expectations

Upcoming dividend of kr2.00 per share at 10% yield

Full year 2022 earnings: EPS misses analyst expectations

Consensus revenue estimates increase by 10%

Chief Executive Officer recently sold kr3.6m worth of stock

Full year 2022 earnings released: EPS: kr3.64 (vs kr5.40 in FY 2021)

Selvaag Bolig ASA Proposes Cash Dividend, Payable on 9 May 2023

An unknown buyer acquired an unknown minority stake in Selvaag Bolig ASA from Länsförsäkringar - Global Hållbar managed by Länsförsäkringar Fondförvaltning Aktiebolag.

Independent Director recently bought kr51k worth of stock

Price target decreased to kr36.00

Less than half of directors are independent

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Selvaag Bolig ASA to Report Q4, 2022 Results on Feb 14, 2023

Price target decreased to kr36.00

Is It Too Late To Consider Buying Selvaag Bolig ASA (OB:SBO)?

Is Selvaag Bolig (OB:SBO) Using Too Much Debt?

Second quarter 2022 earnings: Revenues exceed analyst expectations

Selvaag Bolig ASA Declares Cash Dividend, Payable on 31 August 2022

Need To Know: Analysts Just Made A Substantial Cut To Their Selvaag Bolig ASA (OB:SBO) Estimates

Price target decreased to kr49.33

Less than half of directors are independent

Upcoming dividend of kr3.00 per share

Full year 2021 earnings: Revenues exceed analyst expectations

Selvaag Bolig ASA Proposes Dividend for the Second Half of 2021, Payable 5 May 2022

Selvaag Bolig (OB:SBO) Will Pay A Dividend Of kr3.00

Selvaag Bolig (OB:SBO) Has Announced A Dividend Of kr3.00

Selvaag Bolig's (OB:SBO) Dividend Will Be kr3.00

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Selvaag Bolig ASA Proposes Dividend, Payable on May 5, 2022

Third quarter 2021 earnings released

Price target decreased to kr57.00

Selvaag Bolig ASA (OB:SBO) announces an Equity Buyback for 10% of its issued share capital, under the authorization approved on April 27, 2021.

Second quarter 2021 earnings released: EPS kr0.60 (vs kr0.52 in 2Q 2020)

First quarter 2021 earnings released: EPS kr0.82 (vs kr12.08 in 1Q 2020)

Consensus EPS estimates increase to kr5.55

Calculating The Intrinsic Value Of Selvaag Bolig ASA (OB:SBO)

Selvaag Bolig ASA Approves the Payment of Dividend for the Second Half of 2020

Upcoming dividend of kr3.00 per share

With EPS Growth And More, Selvaag Bolig (OB:SBO) Is Interesting

Price target increased to kr64.33

Selvaag Bolig (OB:SBO) Seems To Use Debt Rather Sparingly

Full year 2020 earnings released: EPS kr16.33 (vs kr7.04 in FY 2019)

A Closer Look At Selvaag Bolig ASA's (OB:SBO) Impressive ROE

Insider recently sold kr118k worth of stock

New 90-day high: kr58.70

Have Selvaag Bolig ASA (OB:SBO) Insiders Been Selling Their Stock?

Chief Operating Officer recently sold kr4.6m worth of stock

Earnings beat expectations, revenue disappoints

Full year 2020 earnings released: EPS kr16.33 (vs kr7.04 in FY 2019)

Price target raised to kr57.33

Is There More To The Story Than Selvaag Bolig's (OB:SBO) Earnings Growth?

You Have To Love Selvaag Bolig ASA's (OB:SBO) Dividend

Estimating The Fair Value Of Selvaag Bolig ASA (OB:SBO)

Selvaag Bolig ASA Appoints Christopher Brunvoll as CFO

Price target raised to kr54.00

Here's Why We Think Selvaag Bolig (OB:SBO) Is Well Worth Watching

Does Selvaag Bolig (OB:SBO) Have A Healthy Balance Sheet?