Norva24 Group Management
Management criteria checks 1/4
Norva24 Group's CEO is Henrik Norrbom, appointed in Sep 2023, has a tenure of 1.25 years. directly owns 0.053% of the company’s shares, worth SEK2.69M. The average tenure of the management team and the board of directors is 1.7 years and 6.9 years respectively.
Key information
Henrik Norrbom
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.7yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
We Think Norva24 Group's (STO:NORVA) Solid Earnings Are Understated
Nov 22
Norva24 Group AB (Publ) Just Missed EPS By 21%: Here's What Analysts Think Will Happen Next
Aug 19Norva24 Group AB (Publ) Just Missed EPS By 18%: Here's What Analysts Think Will Happen Next
May 25Here's Why Norva24 Group (STO:NORVA) Can Manage Its Debt Responsibly
Jan 17Subdued Growth No Barrier To Norva24 Group AB (Publ) (STO:NORVA) With Shares Advancing 27%
Jun 14Norva24 Group AB (Publ) Just Missed Earnings - But Analysts Have Updated Their Models
Jun 03We Think You Can Look Beyond Norva24 Group's (STO:NORVA) Lackluster Earnings
Mar 08CEO
Henrik Norrbom (47 yo)
1.3yrs
Tenure
Mr. Henrik Norrbom serves as Group Chief Executive Officer at Norva24 Group AB (Publ) since September 18, 2023. He served as Managing Director of Cramo AB at Cramo Oyj until 2023. He served as an Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive Officer | 1.3yrs | no data | 0.053% SEK 2.7m | |
| Chief Financial Officer | less than a year | no data | 0.29% SEK 14.6m | |
| Group Chief Operating Officer | less than a year | no data | no data | |
| Head of IR | no data | no data | no data | |
| Chief Executive Officer of Norway | 5.9yrs | no data | 0.056% SEK 2.8m | |
| Chief Executive Officer of Germany | 4.9yrs | no data | 0.034% SEK 1.7m | |
| Chief Executive Officer of Denmark | 3.9yrs | no data | no data | |
| Chief Executive Officer of Sweden | 1.7yrs | no data | no data |
1.7yrs
Average Tenure
56yo
Average Age
Experienced Management: NORVA's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 9.9yrs | NOK 356.00k | 8.02% SEK 405.1m | |
| Independent Director | 3.9yrs | NOK 346.00k | 0.027% SEK 1.4m | |
| Director | less than a year | no data | no data | |
| Director | 9.9yrs | no data | no data | |
| Director | 9.9yrs | no data | no data | |
| Independent Director | 3.9yrs | NOK 306.00k | 0.021% SEK 1.1m |
6.9yrs
Average Tenure
54yo
Average Age
Experienced Board: NORVA's board of directors are considered experienced (6.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 08:47 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 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
Norva24 Group AB (Publ) is covered by 8 analysts. 5 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 |
|---|---|
| Simon Jonsson | Berenberg |
| Jenna Xu | Berenberg |
| Erik Granström | Carnegie Investment Bank AB |