StrongPoint Management

Management criteria checks 2/4

StrongPoint's CEO is Jacob Tveraabak, appointed in Aug 2018, has a tenure of 5.67 years. total yearly compensation is NOK4.33M, comprised of 70.9% salary and 29.1% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth NOK3.04M. The average tenure of the management team and the board of directors is 3.2 years and 4 years respectively.

Key information

Jacob Tveraabak

Chief executive officer

kr4.3m

Total compensation

CEO salary percentage	70.9%
CEO tenure	5.7yrs
CEO ownership	0.5%
Management average tenure	3.2yrs
Board average tenure	4yrs

Recent management updates

Recent updates

Is StrongPoint (OB:STRO) Using Too Much Debt?

Feb 13

Market Might Still Lack Some Conviction On StrongPoint ASA (OB:STRO) Even After 31% Share Price Boost

Jan 18

CEO Compensation Analysis

How has Jacob Tveraabak's remuneration changed compared to StrongPoint's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	kr4m	kr3m	-kr34m
Sep 30 2023	n/a	n/a	kr8m
Jun 30 2023	n/a	n/a	kr25m
Mar 31 2023	n/a	n/a	kr31m
Dec 31 2022	kr4m	kr3m	kr29m
Sep 30 2022	n/a	n/a	kr26m
Jun 30 2022	n/a	n/a	kr18m
Mar 31 2022	n/a	n/a	kr17m
Dec 31 2021	kr4m	kr3m	kr22m
Sep 30 2021	n/a	n/a	kr21m
Jun 30 2021	n/a	n/a	kr33m
Mar 31 2021	n/a	n/a	kr34m
Dec 31 2020	kr4m	kr3m	kr26m
Sep 30 2020	n/a	n/a	kr21m
Jun 30 2020	n/a	n/a	kr13m
Mar 31 2020	n/a	n/a	kr15m
Dec 31 2019	kr4m	kr3m	kr27m
Sep 30 2019	n/a	n/a	kr21m
Jun 30 2019	n/a	n/a	kr21m
Mar 31 2019	n/a	n/a	kr21m
Jan 01 2019	n/a	n/a	kr13m

Compensation vs Market: Jacob's total compensation ($USD393.77K) is above average for companies of similar size in the Norwegian market ($USD302.44K).

Compensation vs Earnings: Jacob's compensation has increased whilst the company is unprofitable.

CEO

Jacob Tveraabak (47 yo)

5.7yrs

Tenure

kr4,332,000

Compensation

Mr. Jacob Tveraabak has been Chief Executive Officer of StrongPoint ASA since August 01, 2018. After his degree in Business Administration from NHH, Mr. Tveraabak worked with McKinsey & Company for several...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jacob Tveraabak	Chief Executive Officer	5.7yrs	kr4.33m	0.52% NOK 3.0m
Marius Drefvelin	Chief Financial Officer	less than a year	kr3.84m	0.038% NOK 223.6k
Julius Stulpinas	Senior Vice President of Product	no data	kr1.94m	0.086% NOK 504.5k
Knut Olsen	Senior VP of People	3.9yrs	kr2.37m	0.085% NOK 498.6k
Rimantas Mažulis	Senior Vice President of Baltics & Finland	4.3yrs	kr1.80m	0.069% NOK 401.4k
Lorena Latorre	Senior Vice President of Spain	3.2yrs	kr2.19m	0.045% NOK 261.0k
Magnus Rosen	Senior Vice President of Norway & Sweden	2.2yrs	kr3.05m	0.036% NOK 208.9k
Amanda Lundblad	Senior VP of International Expansion Sales & Marketing Director E-Com	no data	kr1.51m	no data
Alex Eveleigh	SVP of StrongPoint ALS UK & Ireland	less than a year	no data	no data
Dominic Robinson	Communications Consultant	no data	no data	no data

3.2yrs

Average Tenure

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Wirén	Independent Director	6yrs	kr372.00k	0.093% NOK 546.2k
Morthen Johannessen	Independent Chairman of the Board	8yrs	kr659.00k	0.26% NOK 1.5m
Ingeborg Hegstad	Independent Director	4yrs	kr346.00k	0.060% NOK 348.8k
Cathrine Laksfoss	Independent Director	2yrs	kr300.00k	0.014% NOK 80.7k
Audun Nordtveit	Independent Director	less than a year	kr269.00k	0.054% NOK 315.6k

4.0yrs

Average Tenure

Experienced Board: STRO's board of directors are considered experienced (4 years average tenure).

StrongPoint Management

Management criteria checks 2/4

Key information

Recent management updates

Chief Financial Officer recently bought kr232k worth of stock

Senior Vice President of Spain recently bought kr130k worth of stock

Senior Vice President of Spain recently bought kr53k worth of stock

StrongPoint ASA Announces the Resignation of Hilde Gilen as Chief Financial Officer

No independent directors

Insider recently bought kr138k worth of stock

Recent updates

Full year 2023 earnings: EPS misses analyst expectations

New minor risk - Share price stability

Chief Financial Officer recently bought kr232k worth of stock

Is StrongPoint (OB:STRO) Using Too Much Debt?

Now 21% undervalued

Price target increased by 22% to kr22.00

Consensus EPS estimates have been downgraded.

Market Might Still Lack Some Conviction On StrongPoint ASA (OB:STRO) Even After 31% Share Price Boost

Consensus EPS estimates have been upgraded.

StrongPoint ASA (OB:STRO) completed the acquisition of 100% stake in Brand ID Hamari Group Oy for €0.45 million.

Consensus EPS estimates have been downgraded.

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

StrongPoint (OB:STRO) Might Be Having Difficulty Using Its Capital Effectively

Now 27% undervalued after recent price drop

Consensus EPS estimates fall by 29%

Senior Vice President of Spain recently bought kr130k worth of stock

Price target decreased by 16% to kr27.00

Second quarter 2023 earnings released: kr0.021 loss per share (vs kr0.12 profit in 2Q 2022)

Consensus EPS estimates fall by 32%

StrongPoint ASA (OB:STRO) agreed to acquire 100% stake in Brand ID Hamari Group Oy.

StrongPoint ASA to Report Q1, 2024 Results on Apr 25, 2024

Senior Vice President of Spain recently bought kr53k worth of stock

Consensus EPS estimates fall by 30%

Returns On Capital At StrongPoint (OB:STRO) Have Stalled

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of kr0.90 per share at 3.6% yield

Consensus EPS estimates increase by 12%

A Look At The Intrinsic Value Of StrongPoint ASA (OB:STRO)

StrongPoint ASA to Report Fiscal Year 2022 Final Results on Mar 31, 2023

Full year 2022 earnings released: EPS: kr0.66 (vs kr0.51 in FY 2021)

StrongPoint (OB:STRO) Could Be Struggling To Allocate Capital

What Does StrongPoint ASA's (OB:STRO) Share Price Indicate?

Investor sentiment improved over the past week

StrongPoint ASA Announces the Resignation of Hilde Gilen as Chief Financial Officer

Price target decreased to kr34.00

No independent directors

Third quarter 2022 earnings released: EPS: kr0.18 (vs kr0.008 loss in 3Q 2021)

StrongPoint ASA to Report Q4, 2022 Results on Feb 13, 2023

Price target decreased to kr33.00

Is StrongPoint (OB:STRO) Using Too Much Debt?

StrongPoint ASA (OB:STRO) announces an Equity Buyback for NOK 10 million worth of its shares.

Consensus forecasts updated

Insider recently bought kr138k worth of stock

Consensus forecasts updated

StrongPoint ASA (OB:STRO) acquired Air Link Group Limited from Als Kingfisher Limited, European Retail Engineering Limited and others.

Now 23% undervalued after recent price drop

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

No independent directors

Upcoming dividend of kr0.80 per share

StrongPoint (OB:STRO) Will Pay A Larger Dividend Than Last Year At kr0.80

StrongPoint's (OB:STRO) Dividend Will Be Increased To kr0.80

Full year 2021 earnings: EPS and revenues miss analyst expectations

Here's Why I Think StrongPoint (OB:STRO) Is An Interesting Stock

Director recently bought kr198k worth of stock

Third quarter 2021 earnings released: kr0.008 loss per share (vs kr0.26 profit in 3Q 2020)

Investor sentiment deteriorated over the past week

Chairman of the Board recently bought kr479k worth of stock

Chairman of the Board recently bought kr9.2m worth of stock

Consensus EPS estimates fall to kr1.15

StrongPoint ASA Announces Its Grocery E-Commerce Picking Solution

Insider recently bought kr67k worth of stock

StrongPoint ASA Approves Dividend for the Financial Year 2020, Payable on 28 April 2021

Upcoming dividend of kr0.70 per share

Price target increased to kr35.00

Strongpoint Invests in and Partners with Halodi Robotics

Norgesgruppen Orders NOK 110 Million Mof Pricer Electronic Shelf Labels from StrongPoint AS

StrongPoint as Signs New Agreement with NorgesGruppen to Supply and Install Electronic Shelf Labels from Pricer to 350 of its Stores

Glovo Chooses StrongPoint as Preferred Supplier for Grocery Picking Solutions