Absolent Air Care Group AB (publ)

OM:ABSO Stock Report

Market Cap: SEK 3.0b

Absolent Air Care Group Management

Management criteria checks 4/4

Absolent Air Care Group's CEO is Axel Berntsson, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is SEK5.20M, comprised of 65.9% salary and 34.1% bonuses, including company stock and options. directly owns 0.97% of the company’s shares, worth SEK28.49M. The average tenure of the management team and the board of directors is 3.3 years and 5.8 years respectively.

Key information

Axel Berntsson

Chief executive officer

SEK 5.2m

Total compensation

CEO salary percentage65.9%
CEO tenure6.8yrs
CEO ownership1.0%
Management average tenure3.3yrs
Board average tenure5.8yrs

Recent management updates

Shareholders Will Probably Hold Off On Increasing Absolent Air Care Group AB (publ)'s (STO:ABSO) CEO Compensation For The Time Being

May 09
Shareholders Will Probably Hold Off On Increasing Absolent Air Care Group AB (publ)'s (STO:ABSO) CEO Compensation For The Time Being

Recent updates

Shareholders Will Probably Hold Off On Increasing Absolent Air Care Group AB (publ)'s (STO:ABSO) CEO Compensation For The Time Being

May 09
Shareholders Will Probably Hold Off On Increasing Absolent Air Care Group AB (publ)'s (STO:ABSO) CEO Compensation For The Time Being

Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00

May 02
Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00

Absolent Air Care Group (STO:ABSO) Will Pay A Larger Dividend Than Last Year At SEK3.00

Apr 18
Absolent Air Care Group (STO:ABSO) Will Pay A Larger Dividend Than Last Year At SEK3.00

Absolent Air Care Group's (STO:ABSO) Dividend Will Be Increased To SEK3.00

Apr 04
Absolent Air Care Group's (STO:ABSO) Dividend Will Be Increased To SEK3.00

Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00

Mar 16
Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00

Absolent Air Care Group (STO:ABSO) Has A Rock Solid Balance Sheet

Sep 14
Absolent Air Care Group (STO:ABSO) Has A Rock Solid Balance Sheet

Does Absolent Air Care Group (STO:ABSO) Have A Healthy Balance Sheet?

May 10
Does Absolent Air Care Group (STO:ABSO) Have A Healthy Balance Sheet?

Absolent Air Care Group AB (publ) Just Missed EPS By 8.0%: Here's What Analysts Think Will Happen Next

Feb 25
Absolent Air Care Group AB (publ) Just Missed EPS By 8.0%: Here's What Analysts Think Will Happen Next

Is Absolent Air Care Group (STO:ABSO) Using Too Much Debt?

May 19
Is Absolent Air Care Group (STO:ABSO) Using Too Much Debt?

Here's Why Absolent Air Care Group (STO:ABSO) Can Manage Its Debt Responsibly

Oct 12
Here's Why Absolent Air Care Group (STO:ABSO) Can Manage Its Debt Responsibly

Absolent Air Care Group's (STO:ABSO) Solid Earnings Have Been Accounted For Conservatively

Aug 25
Absolent Air Care Group's (STO:ABSO) Solid Earnings Have Been Accounted For Conservatively

We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt

May 02
We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt

We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt

Jan 19
We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt

The Absolent Group (STO:ABSO) Share Price Is Up 234% And Shareholders Are Boasting About It

Nov 28
The Absolent Group (STO:ABSO) Share Price Is Up 234% And Shareholders Are Boasting About It

CEO Compensation Analysis

How has Axel Berntsson's remuneration changed compared to Absolent Air Care Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 126m

Jun 30 2024n/an/a

SEK 146m

Mar 31 2024n/an/a

SEK 151m

Dec 31 2023SEK 5mSEK 3m

SEK 140m

Sep 30 2023n/an/a

SEK 151m

Jun 30 2023n/an/a

SEK 155m

Mar 31 2023n/an/a

SEK 152m

Dec 31 2022SEK 6mSEK 3m

SEK 152m

Sep 30 2022n/an/a

SEK 145m

Jun 30 2022n/an/a

SEK 130m

Mar 31 2022n/an/a

SEK 119m

Dec 31 2021SEK 6mSEK 3m

SEK 98m

Sep 30 2021n/an/a

SEK 177m

Jun 30 2021n/an/a

SEK 137m

Mar 31 2021n/an/a

SEK 38m

Dec 31 2020SEK 4mSEK 3m

SEK 23m

Compensation vs Market: Axel's total compensation ($USD486.35K) is about average for companies of similar size in the Swedish market ($USD460.76K).

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

CEO

Axel Berntsson (44 yo)

6.8yrs

Tenure

SEK 5,198,000

Compensation

Mr. Axel Berntsson serves as Chief Executive Officer of Absolent Air Care Group AB (publ) (formerly known as Absolent Group AB (publ)) since 2018 and also serves as its President and MD. He served as Chief...

Leadership Team

NamePositionTenureCompensationOwnership
Axel Berntsson
President6.8yrsSEK 5.20m0.97%
SEK 29.5m
Joakim Westh
Co-Founder & Directorno dataSEK 205.00kno data
Karin Lundqvist
Chief Financial Officer3.4yrsno datano data
Johan Wollin
Chief Operating Officer2.8yrsno datano data
Mattias Cleveson
Senior Vice President of Marketingless than a yearno datano data
Ylva Krüger
Senior Vice President of People & Planetless than a yearno datano data
James Stansfield
Managing Director12.8yrsno datano data
Robert Wiktoren
Chief Product Officer3.3yrsno datano data

3.3yrs

Average Tenure

50yo

Average Age

Experienced Management: ABSO's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joakim Westh
Co-Founder & Director31.8yrsSEK 205.00kno data
Malin Persson
Director1.8yrsSEK 139.00kno data
Nils-Johan Andersson
Director1.8yrsSEK 139.00kno data
Johan Westman
Chairman of the Board5.8yrsSEK 616.00kno data
Marta Andreen
Director7.8yrsSEK 205.00kno data

5.8yrs

Average Tenure

56yo

Average Age

Experienced Board: ABSO's board of directors are considered experienced (5.8 years average tenure).