Garo Aktiebolag (publ)

OM:GARO Stock Report

Market Cap: kr1.6b

Garo Aktiebolag Management

Management criteria checks 4/4

Garo Aktiebolag's CEO is Patrik Andersson, appointed in Feb 2019, has a tenure of 5.25 years. total yearly compensation is SEK3.60M, comprised of 58.3% salary and 41.7% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth SEK6.62M. The average tenure of the management team and the board of directors is 5.3 years and 4 years respectively.

Key information

Patrik Andersson

Chief executive officer

kr3.6m

Total compensation

CEO salary percentage58.3%
CEO tenure5.3yrs
CEO ownership0.4%
Management average tenure5.3yrs
Board average tenure4yrs

Recent management updates

Shareholders May Be Wary Of Increasing Garo Aktiebolag (publ)'s (STO:GARO) CEO Compensation Package

May 08
Shareholders May Be Wary Of Increasing Garo Aktiebolag (publ)'s (STO:GARO) CEO Compensation Package

Recent updates

Shareholders May Be Wary Of Increasing Garo Aktiebolag (publ)'s (STO:GARO) CEO Compensation Package

May 08
Shareholders May Be Wary Of Increasing Garo Aktiebolag (publ)'s (STO:GARO) CEO Compensation Package

There May Be Some Bright Spots In Garo Aktiebolag's (STO:GARO) Earnings

Apr 18
There May Be Some Bright Spots In Garo Aktiebolag's (STO:GARO) Earnings

We Think Garo Aktiebolag (STO:GARO) Is Taking Some Risk With Its Debt

Mar 23
We Think Garo Aktiebolag (STO:GARO) Is Taking Some Risk With Its Debt

Earnings Miss: Garo Aktiebolag (publ) Missed EPS By 41% And Analysts Are Revising Their Forecasts

Feb 24
Earnings Miss: Garo Aktiebolag (publ) Missed EPS By 41% And Analysts Are Revising Their Forecasts

Some Confidence Is Lacking In Garo Aktiebolag (publ) (STO:GARO) As Shares Slide 26%

Feb 15
Some Confidence Is Lacking In Garo Aktiebolag (publ) (STO:GARO) As Shares Slide 26%

Garo Aktiebolag (publ) (STO:GARO) Analysts Are More Bearish Than They Used To Be

Feb 02
Garo Aktiebolag (publ) (STO:GARO) Analysts Are More Bearish Than They Used To Be

The Returns On Capital At Garo Aktiebolag (STO:GARO) Don't Inspire Confidence

Jan 31
The Returns On Capital At Garo Aktiebolag (STO:GARO) Don't Inspire Confidence

Is Now The Time To Look At Buying Garo Aktiebolag (publ) (STO:GARO)?

Jan 16
Is Now The Time To Look At Buying Garo Aktiebolag (publ) (STO:GARO)?

Garo Aktiebolag (publ) (STO:GARO) Stocks Shoot Up 45% But Its P/S Still Looks Reasonable

Dec 18
Garo Aktiebolag (publ) (STO:GARO) Stocks Shoot Up 45% But Its P/S Still Looks Reasonable

Here's Why Garo Aktiebolag (STO:GARO) Has A Meaningful Debt Burden

Dec 08
Here's Why Garo Aktiebolag (STO:GARO) Has A Meaningful Debt Burden

Returns On Capital At Garo Aktiebolag (STO:GARO) Paint A Concerning Picture

Sep 14
Returns On Capital At Garo Aktiebolag (STO:GARO) Paint A Concerning Picture

Garo Aktiebolag (STO:GARO) Takes On Some Risk With Its Use Of Debt

Jul 08
Garo Aktiebolag (STO:GARO) Takes On Some Risk With Its Use Of Debt

Is Garo Aktiebolag (publ) (STO:GARO) Potentially Undervalued?

May 14
Is Garo Aktiebolag (publ) (STO:GARO) Potentially Undervalued?

Be Wary Of Garo Aktiebolag (STO:GARO) And Its Returns On Capital

Mar 23
Be Wary Of Garo Aktiebolag (STO:GARO) And Its Returns On Capital

Calculating The Intrinsic Value Of Garo Aktiebolag (publ) (STO:GARO)

Feb 25
Calculating The Intrinsic Value Of Garo Aktiebolag (publ) (STO:GARO)

Estimating The Fair Value Of Garo Aktiebolag (publ) (STO:GARO)

Oct 27
Estimating The Fair Value Of Garo Aktiebolag (publ) (STO:GARO)

Garo Aktiebolag (STO:GARO) Might Become A Compounding Machine

Oct 12
Garo Aktiebolag (STO:GARO) Might Become A Compounding Machine

Garo Aktiebolag (STO:GARO) Seems To Use Debt Quite Sensibly

Sep 27
Garo Aktiebolag (STO:GARO) Seems To Use Debt Quite Sensibly

Do Garo Aktiebolag's (STO:GARO) Earnings Warrant Your Attention?

Aug 06
Do Garo Aktiebolag's (STO:GARO) Earnings Warrant Your Attention?

A Look At The Fair Value Of Garo Aktiebolag (publ) (STO:GARO)

Jul 07
A Look At The Fair Value Of Garo Aktiebolag (publ) (STO:GARO)

Here's Why I Think Garo Aktiebolag (STO:GARO) Might Deserve Your Attention Today

Mar 18
Here's Why I Think Garo Aktiebolag (STO:GARO) Might Deserve Your Attention Today

Garo Aktiebolag (publ) (STO:GARO) Shares Could Be 20% Above Their Intrinsic Value Estimate

Mar 05
Garo Aktiebolag (publ) (STO:GARO) Shares Could Be 20% Above Their Intrinsic Value Estimate

CEO Compensation Analysis

How has Patrik Andersson's remuneration changed compared to Garo Aktiebolag's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

kr3m

Dec 31 2023kr4mkr2m

kr31m

Sep 30 2023n/an/a

kr38m

Jun 30 2023n/an/a

kr74m

Mar 31 2023n/an/a

kr88m

Dec 31 2022kr3mkr2m

kr121m

Sep 30 2022n/an/a

kr160m

Jun 30 2022n/an/a

kr173m

Mar 31 2022n/an/a

kr182m

Dec 31 2021kr3mkr2m

kr167m

Sep 30 2021n/an/a

kr155m

Jun 30 2021n/an/a

kr144m

Mar 31 2021n/an/a

kr119m

Dec 31 2020kr3mkr2m

kr95m

Sep 30 2020n/an/a

kr85m

Jun 30 2020n/an/a

kr75m

Mar 31 2020n/an/a

kr76m

Dec 31 2019kr3mkr2m

kr86m

Compensation vs Market: Patrik's total compensation ($USD336.16K) is about average for companies of similar size in the Swedish market ($USD452.42K).

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

CEO

Patrik Andersson (45 yo)

5.3yrs

Tenure

kr3,600,000

Compensation

Mr. Patrik Andersson has been President and Chief Executive Officer at Garo Aktiebolag (publ) since May 2019. Mr. Andersson served as Marketing Manager at Garo Aktiebolag (publ) since 2015 until May 2019 a...

Leadership Team

NamePositionTenureCompensationOwnership
Patrik Andersson
President & CEO5.3yrskr3.60m0.41%
SEK 6.6m
Helena Claesson
Chief Financial Officer5.3yrsno data0.0011%
SEK 17.8k
Bo Eriksson
Acting Chief Technology Officer1.3yrsno datano data

5.3yrs

Average Tenure

Experienced Management: GARO's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Johan Paulsson
Independent Independnet Director3yrskr300.00kno data
Rickard Blomqvist
Chairman of the Board8.7yrskr800.00k4.54%
SEK 73.6m
Martin Althén
Independnet Director3yrskr400.00k0.040%
SEK 648.0k
Susanna Hilleskog
Independent Director6yrskr300.00kno data
Mari-Katharina Kadowaki
Independent Director5yrskr300.00k0.0020%
SEK 32.4k
Lars Kongstad
Independent Directorless than a yearkr200.00k0.060%
SEK 972.0k
Jonas Lohtander
Employee Representative Director5yrsno data0.00037%
SEK 6.0k
My Back
Employee Representative Director1.2yrsno data0.000030%
SEK 486.0

4.0yrs

Average Tenure

57yo

Average Age

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

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