Balco Group Management
Management criteria checks 2/4
Balco Group's CEO is Camilla Ekdahl, appointed in Sep 2022, has a tenure of 2.67 years. total yearly compensation is SEK6.66M, comprised of 45% salary and 55% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth SEK547.55K. The average tenure of the management team and the board of directors is 6.1 years and 6.5 years respectively.
Key information
Camilla Ekdahl
Chief executive officer
SEK 6.7m
Total compensation
| CEO salary percentage | 45.02% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6.1yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
Positive Sentiment Still Eludes Balco Group AB (STO:BALCO) Following 25% Share Price Slump
May 01
Earnings Miss: Balco Group AB Missed EPS By 96% And Analysts Are Revising Their Forecasts
Feb 13
Advancements In Energy-Saving Solutions Will Expand Green Offerings With RK Heat Pumps
Strong order intake and strategic structural changes enhance Balco Group's future revenue potential and profitability.Balco Group AB's (STO:BALCO) CEO Might Not Expect Shareholders To Be So Generous This Year
May 08Balco Group AB (STO:BALCO) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Jan 06Is Balco Group (STO:BALCO) A Risky Investment?
Aug 22Investors Can Find Comfort In Balco Group's (STO:BALCO) Earnings Quality
Feb 15We Think Balco Group (STO:BALCO) Can Stay On Top Of Its Debt
Sep 30Does Balco Group (STO:BALCO) Have A Healthy Balance Sheet?
Sep 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -SEK 29m |
| Dec 31 2024 | SEK 7m | SEK 3m | SEK 1m |
| Sep 30 2024 | n/a | n/a | SEK 6m |
| Jun 30 2024 | n/a | n/a | SEK 13m |
| Mar 31 2024 | n/a | n/a | SEK 32m |
| Dec 31 2023 | SEK 5m | SEK 3m | SEK 46m |
| Sep 30 2023 | n/a | n/a | SEK 66m |
| Jun 30 2023 | n/a | n/a | SEK 71m |
| Mar 31 2023 | n/a | n/a | SEK 71m |
| Dec 31 2022 | SEK 4m | SEK 2m | SEK 76m |
Compensation vs Market: Camilla's total compensation ($USD695.43K) is above average for companies of similar size in the Swedish market ($USD275.97K).
Compensation vs Earnings: Camilla's compensation has increased whilst the company is unprofitable.
CEO
Camilla Ekdahl (57 yo)
Ms. Camilla Ekdahl serves as an Independent Director of NIBE Industrier AB (publ) since May 16, 2024. She serves as President and CEO at Balco Group AB since December 2022. She served as Acting President a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President CEO of Balco AB | 2.7yrs | SEK 6.66m | 0.10% SEK 547.6k | |
| CFO, Secretary of the Board and Head of IR & IT | 6.1yrs | no data | 0.048% SEK 259.4k | |
| COO and Sales & Marketing Director Balco AB | 11.3yrs | no data | 0.070% SEK 376.9k | |
| Head of Human Resources | 11.3yrs | no data | 0.030% SEK 164.5k | |
| Head of Sales | no data | no data | no data | |
| Managing Director of Riikku Oy | less than a year | no data | 0.0043% SEK 23.5k |
Experienced Management: BALCO's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 9.3yrs | SEK 789.00k | 0.11% SEK 587.5k | |
| Independent Director | 4.9yrs | SEK 352.00k | 0.018% SEK 96.4k | |
| Independent Director | 4yrs | SEK 297.00k | 0.043% SEK 235.0k | |
| Independent Director | 7yrs | SEK 421.00k | no data | |
| Independent Director | 7yrs | SEK 326.00k | 0.22% SEK 1.2m | |
| Independent Director | 6yrs | SEK 321.00k | no data |
Experienced Board: BALCO's board of directors are considered experienced (6.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/21 04:39 |
| End of Day Share Price | 2025/05/21 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Balco Group AB is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Toll Johansson | Carnegie Investment Bank AB |
| Henrik Dahlgren | Danske Bank |