Absolent Air Care Group AB (publ)

OM:ABSO Stock Report

Market Cap: SEK 2.8b

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 6.92 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 SEK27.61M. The average tenure of the management team and the board of directors is 3.3 years and 5.9 years respectively.

Key information

Axel Berntsson

Chief executive officer

SEK 5.2m

Total compensation

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

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

It's Down 27% But Absolent Air Care Group AB (publ) (STO:ABSO) Could Be Riskier Than It Looks

Nov 27
It's Down 27% But Absolent Air Care Group AB (publ) (STO:ABSO) Could Be Riskier Than It Looks

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 ($USD471.40K) is about average for companies of similar size in the Swedish market ($USD454.41K).

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

CEO

Axel Berntsson (44 yo)

6.9yrs

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
President6.9yrsSEK 5.20m0.97%
SEK 27.6m
Joakim Westh
Co-Founder & Directorno dataSEK 205.00kno data
Karin Lundqvist
Chief Financial Officer3.5yrsno datano data
Johan Wollin
Chief Operating Officer2.9yrsno 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 Director12.9yrsno 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 & Director31.9yrsSEK 205.00kno data
Malin Persson
Director1.9yrsSEK 139.00kno data
Nils-Johan Andersson
Director1.9yrsSEK 139.00kno data
Johan Westman
Chairman of the Board5.9yrsSEK 616.00kno data
Marta Andreen
Director7.9yrsSEK 205.00kno data

5.9yrs

Average Tenure

56yo

Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 14:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Absolent Air Care Group AB (publ) is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Carl RagnerstamNordea Markets
Henrik AlveskogRedeye