StrongPoint Management

Management criteria checks 2/4

StrongPoint's CEO is Jacob Tveraabak, appointed in Aug 2018, has a tenure of 6.25 years. total yearly compensation is NOK4.33M, comprised of 70.9% salary and 29.1% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth NOK2.49M. The average tenure of the management team and the board of directors is 3.8 years and 2.6 years respectively.

Key information

Jacob Tveraabak

Chief executive officer

NOK 4.3m

Total compensation

CEO salary percentage	70.9%
CEO tenure	6.3yrs
CEO ownership	0.6%
Management average tenure	3.8yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

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

Jun 26

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
Sep 30 2024	n/a	n/a	-NOK 59m
Jun 30 2024	n/a	n/a	-NOK 71m
Mar 31 2024	n/a	n/a	-NOK 51m
Dec 31 2023	NOK 4m	NOK 3m	-NOK 34m
Sep 30 2023	n/a	n/a	NOK 8m
Jun 30 2023	n/a	n/a	NOK 25m
Mar 31 2023	n/a	n/a	NOK 31m
Dec 31 2022	NOK 4m	NOK 3m	NOK 29m
Sep 30 2022	n/a	n/a	NOK 26m
Jun 30 2022	n/a	n/a	NOK 18m
Mar 31 2022	n/a	n/a	NOK 17m
Dec 31 2021	NOK 4m	NOK 3m	NOK 22m
Sep 30 2021	n/a	n/a	NOK 21m
Jun 30 2021	n/a	n/a	NOK 33m
Mar 31 2021	n/a	n/a	NOK 34m
Dec 31 2020	NOK 4m	NOK 3m	NOK 26m
Sep 30 2020	n/a	n/a	NOK 21m
Jun 30 2020	n/a	n/a	NOK 13m
Mar 31 2020	n/a	n/a	NOK 15m
Dec 31 2019	NOK 4m	NOK 3m	NOK 27m
Sep 30 2019	n/a	n/a	NOK 21m
Jun 30 2019	n/a	n/a	NOK 21m
Mar 31 2019	n/a	n/a	NOK 21m
Jan 01 2019	n/a	n/a	NOK 13m

Compensation vs Market: Jacob's total compensation ($USD391.58K) is about average for companies of similar size in the Norwegian market ($USD301.28K).

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

CEO

Jacob Tveraabak (48 yo)

6.3yrs

Tenure

NOK 4,332,000

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	6.3yrs	NOK 4.33m	0.56% NOK 2.5m
Marius Drefvelin	Chief Financial Officer	1.2yrs	NOK 3.84m	0.048% NOK 212.8k
Julius Stulpinas	Senior Vice President of Product	no data	NOK 1.94m	0.11% NOK 491.2k
Knut Olsen	Senior VP of People	4.5yrs	NOK 2.37m	0.11% NOK 468.1k
Rimantas Mažulis	Senior Vice President of Baltics & Finland	4.8yrs	NOK 1.80m	0.10% NOK 447.7k
Lorena Latorre	Senior Vice President of Spain	3.8yrs	NOK 2.19m	0.079% NOK 349.8k
Magnus Rosen	Senior Vice President of Norway & Sweden	2.8yrs	NOK 3.05m	0.061% NOK 272.0k
Amanda Lundblad	Senior VP of International Expansion Sales & Marketing Director E-Com	no data	NOK 1.51m	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

3.8yrs

Average Tenure

Experienced Management: STRO's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pal Wibe	Director	less than a year	no data	0.0087% NOK 38.5k
Morthen Johannessen	Independent Chairman of the Board	8.6yrs	NOK 659.00k	0.33% NOK 1.5m
Ingeborg Hegstad	Independent Director	4.6yrs	NOK 346.00k	0.069% NOK 307.0k
Cathrine Laksfoss	Independent Director	2.6yrs	NOK 300.00k	0.023% NOK 103.9k
Audun Nordtveit	Independent Director	1.6yrs	NOK 269.00k	0.063% NOK 281.8k

2.6yrs

Average Tenure

Experienced Board: STRO's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

StrongPoint Management

Management criteria checks 2/4

Key information

Recent management updates

StrongPoint ASA, Annual General Meeting, Apr 29, 2025

Independent Chairman of the Board recently bought kr245k worth of stock

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

Recent updates

StrongPoint ASA, Annual General Meeting, Apr 29, 2025

StrongPoint ASA to Report Q4, 2024 Results on Feb 13, 2025

Consensus EPS estimates upgraded to kr0.67 loss

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates fall by 10%

Independent Chairman of the Board recently bought kr245k worth of stock

Consensus EPS estimates fall by 108%

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

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

Consensus EPS estimates have been downgraded.

Price target decreased by 27% to kr16.00

First quarter 2024 earnings released: kr0.26 loss per share (vs kr0.12 profit in 1Q 2023)

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