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Serneke Group Management
Management criteria checks 1/4
Serneke Group's CEO is Michael Berglin, appointed in Feb 2021, he has a tenure of 2.33 years. He directly owns 1.02% of the company’s shares, worth SEK7.72M. The average tenure of the management team and the board of directors is 1.7 years and 3.1 years respectively.`
Key information
Michael Berglin
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 2.3yrs |
| CEO ownership | 1.0% |
| Management average tenure | 1.7yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
Calculating The Fair Value Of Serneke Group AB (publ) (STO:SRNKE B)
Jan 20
Insider Buying: The Serneke Group AB (publ) (STO:SRNKE B) Independent Director Just Bought kr289k Worth Of Shares
Jan 20What We Learned About Serneke Group's (STO:SRNKE B) CEO Pay
Dec 30Does Serneke Group (STO:SRNKE B) Have A Healthy Balance Sheet?
Dec 15
What Type Of Shareholders Own The Most Number of Serneke Group AB (publ) (STO:SRNKE B) Shares?
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | -SEK 296m |
| Dec 31 2022 | n/a | n/a | -SEK 232m |
| Sep 30 2022 | n/a | n/a | SEK 122m |
| Jun 30 2022 | n/a | n/a | SEK 252m |
| Mar 31 2022 | n/a | n/a | SEK 358m |
| Dec 31 2021 | n/a | n/a | SEK 349m |
| Sep 30 2021 | n/a | n/a | SEK 190m |
| Jun 30 2021 | n/a | n/a | SEK 86m |
| Mar 31 2021 | n/a | n/a | -SEK 206m |
| Dec 31 2020 | SEK 4m | SEK 3m | -SEK 358m |
| Sep 30 2020 | n/a | n/a | -SEK 349m |
| Jun 30 2020 | n/a | n/a | -SEK 310m |
| Mar 31 2020 | n/a | n/a | -SEK 201m |
| Dec 31 2019 | SEK 3m | SEK 3m | -SEK 85m |
Compensation vs Market: Insufficient data to establish whether Michael's total compensation is reasonable compared to companies of similar size in the Swedish market.
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
CEO
Michael Berglin (50 yo)
2.3yrs
Tenure
SEK 3,554,000
Compensation
Mr. Michael Berglin has been Chief Executive Officer and President at Serneke Group AB (publ) since May 24, 2021 and served as its Acting President and Chief Executive Officer at Serneke Group AB (publ) si...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer of Serneke Invest | no data | no data | no data | |
| President & CEO | 2.3yrs | SEK 3.55m | 1.02% SEK 7.7m | |
| Chief Financial Officer | 6.4yrs | no data | 0.12% SEK 923.0k | |
| General Counsel | 1.7yrs | no data | 0% SEK 0 | |
| Head of Communications | 1.7yrs | no data | 0.019% SEK 143.0k | |
| Human Resources Director | 5.7yrs | no data | 0.089% SEK 673.9k | |
| Head of Legal Serneke Sweden | 1.7yrs | no data | 0.013% SEK 97.2k | |
| Head of Media | no data | no data | no data | |
| Head of Sustainability | 1.7yrs | no data | 0.00020% SEK 1.5k | |
| Chief Executive Officer of Serneke Sverige AB | 1.7yrs | no data | 0% SEK 0 |
1.7yrs
Average Tenure
50yo
Average Age
Experienced Management: SRNKE B's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 3.1yrs | SEK 800.00k | 0% SEK 0 | |
| Independent Director | 4.4yrs | SEK 350.00k | 0% SEK 0 | |
| Independent Director | 8.4yrs | SEK 350.00k | 0% SEK 0 | |
| Independent Director | 3.1yrs | SEK 300.00k | 0% SEK 0 | |
| Director | 11.4yrs | SEK 292.00k | no data | |
| Independent Director | 2.1yrs | SEK 350.00k | 0% SEK 0 | |
| Independent Deputy Chairman of the Board | 3.1yrs | SEK 300.00k | 0% SEK 0 |
3.1yrs
Average Tenure
56yo
Average Age
Experienced Board: SRNKE B's board of directors are considered experienced (3.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/14 23:50 |
| End of Day Share Price | 2023/06/14 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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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
Serneke Group AB (publ) is covered by 3 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 |
|---|---|
| Bertil Nilsson | Carlsquare AB |
| Niclas Hoglund | Nordea Markets |
| Johan Edberg | Pareto Securities |