Candles Scandinavia AB (publ)

OM:CANDLE B Stock Report

Market Cap: SEK 397.1m

Candles Scandinavia Management

Management criteria checks 2/4

Candles Scandinavia's CEO is Viktor Garmiani, appointed in Nov 2009, has a tenure of 15.92 years. directly owns 36.58% of the company’s shares, worth SEK145.28M. The average tenure of the management team and the board of directors is 4.4 years and 15.9 years respectively.

Key information

Viktor Garmiani

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure15.9yrs
CEO ownership36.6%
Management average tenure4.4yrs
Board average tenure15.9yrs

Recent management updates

Recent updates

Candles Scandinavia AB (publ)'s (STO:CANDLE B) 43% Share Price Surge Not Quite Adding Up

Jul 25
Candles Scandinavia AB (publ)'s (STO:CANDLE B) 43% Share Price Surge Not Quite Adding Up

Candles Scandinavia (STO:CANDLE B) Has A Somewhat Strained Balance Sheet

Jul 18
Candles Scandinavia (STO:CANDLE B) Has A Somewhat Strained Balance Sheet

A Piece Of The Puzzle Missing From Candles Scandinavia AB (publ)'s (STO:CANDLE B) 39% Share Price Climb

May 22
A Piece Of The Puzzle Missing From Candles Scandinavia AB (publ)'s (STO:CANDLE B) 39% Share Price Climb

Take Care Before Jumping Onto Candles Scandinavia AB (publ) (STO:CANDLE B) Even Though It's 26% Cheaper

Mar 11
Take Care Before Jumping Onto Candles Scandinavia AB (publ) (STO:CANDLE B) Even Though It's 26% Cheaper

Does Candles Scandinavia (STO:CANDLE B) Have A Healthy Balance Sheet?

Mar 01
Does Candles Scandinavia (STO:CANDLE B) Have A Healthy Balance Sheet?

Even With A 30% Surge, Cautious Investors Are Not Rewarding Candles Scandinavia AB (publ)'s (STO:CANDLE B) Performance Completely

Nov 10
Even With A 30% Surge, Cautious Investors Are Not Rewarding Candles Scandinavia AB (publ)'s (STO:CANDLE B) Performance Completely

Calculating The Fair Value Of Candles Scandinavia AB (publ) (STO:CANDLE B)

Oct 30
Calculating The Fair Value Of Candles Scandinavia AB (publ) (STO:CANDLE B)

Candles Scandinavia AB (publ) Just Missed Earnings; Here's What Analysts Are Forecasting Now

Jun 14
Candles Scandinavia AB (publ) Just Missed Earnings; Here's What Analysts Are Forecasting Now

Candles Scandinavia AB (publ) Beat Revenue Forecasts By 31%: Here's What Analysts Are Forecasting Next

Mar 01
Candles Scandinavia AB (publ) Beat Revenue Forecasts By 31%: Here's What Analysts Are Forecasting Next

Revenue Beat: Candles Scandinavia AB (publ) Beat Analyst Estimates By 31%

Dec 01
Revenue Beat: Candles Scandinavia AB (publ) Beat Analyst Estimates By 31%

Candles Scandinavia AB (publ) (STO:CANDLE B) Analysts Are Reducing Their Forecasts For This Year

Jun 16
Candles Scandinavia AB (publ) (STO:CANDLE B) Analysts Are Reducing Their Forecasts For This Year

This Candles Scandinavia AB (publ) (STO:CANDLE B) Analyst Just Made A Noteworthy 13% Cut To Their Forecasts

Mar 08
This Candles Scandinavia AB (publ) (STO:CANDLE B) Analyst Just Made A Noteworthy 13% Cut To Their Forecasts

Candles Scandinavia AB (publ) (STO:CANDLE B) Shares Could Be 42% Below Their Intrinsic Value Estimate

Aug 11
Candles Scandinavia AB (publ) (STO:CANDLE B) Shares Could Be 42% Below Their Intrinsic Value Estimate

A Look At The Fair Value Of Candles Scandinavia AB (publ) (STO:CANDLE B)

Mar 24
A Look At The Fair Value Of Candles Scandinavia AB (publ) (STO:CANDLE B)

CEO

Viktor Garmiani (48 yo)

15.9yrs
Tenure

Mr. Viktor Garmiani is Founder and President of Candles Scandinavia AB and has been its Chief Executive Officer and Director from November 2009.


Leadership Team

NamePositionTenureCompensationOwnership
Viktor Garmiani
Founder15.9yrsno data36.58%
SEK 145.3m
Nina Garmiani
Founderno datano datano data
Martin Fredell
Vice President4.4yrsno data0.30%
SEK 1.2m
Dean Proudfoot
CCO1.8yrsno datano data
4.4yrs
Average Tenure
47.5yo
Average Age

Experienced Management: CANDLE B's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Viktor Garmiani
Founder15.9yrsno data36.58%
SEK 145.3m
Nina Garmiani
Founder16.8yrsno datano data
Ulf Gejhammar
Chairman of the Board7.8yrsno data3.14%
SEK 12.5m
Petter Berggren
Director16.8yrsno data10.7%
SEK 42.5m
Andreas Davidsson
Independent Director2.8yrsno datano data
15.9yrs
Average Tenure
49yo
Average Age

Experienced Board: CANDLE B's board of directors are seasoned and experienced ( 15.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/03 14:41
End of Day Share Price 2025/10/03 00:00
Earnings2025/07/31
Annual Earnings2025/04/30

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Candles Scandinavia AB (publ) is covered by 1 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.

AnalystInstitution
Christopher SolbakkeCarlsquare AB