Nordnet Management
Management criteria checks 4/4
Nordnet's CEO is Lars-Ake Norling, appointed in Sep 2019, has a tenure of 6.17 years. total yearly compensation is SEK12.50M, comprised of 73.6% salary and 26.4% bonuses, including company stock and options. directly owns 0.51% of the company’s shares, worth SEK343.93M. The average tenure of the management team and the board of directors is 4.8 years and 3.8 years respectively.
Key information
Lars-Ake Norling
Chief executive officer
SEK 12.5m
Total compensation
| CEO salary percentage | 73.60% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.5% |
| Management average tenure | 4.8yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
Here's Why We Think Nordnet (STO:SAVE) Might Deserve Your Attention Today
Aug 20
Earnings Not Telling The Story For Nordnet AB (publ) (STO:SAVE)
Jul 11Nordnet (STO:SAVE) Ticks All The Boxes When It Comes To Earnings Growth
May 12Do Nordnet's (STO:SAVE) Earnings Warrant Your Attention?
Jan 14
Robust Customer Growth And Danish Pension Launch Drive Revenue And Margin Expansion
Strong customer growth and increased savings highlight revenue potential, with higher-margin branded funds bolstering profitability as customer preferences shift.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | SEK 3b |
| Jun 30 2025 | n/a | n/a | SEK 3b |
| Mar 31 2025 | n/a | n/a | SEK 3b |
| Dec 31 2024 | SEK 13m | SEK 9m | SEK 3b |
| Sep 30 2024 | n/a | n/a | SEK 3b |
| Jun 30 2024 | n/a | n/a | SEK 3b |
| Mar 31 2024 | n/a | n/a | SEK 3b |
| Dec 31 2023 | SEK 11m | SEK 8m | SEK 2b |
| Sep 30 2023 | n/a | n/a | SEK 2b |
| Jun 30 2023 | n/a | n/a | SEK 2b |
| Mar 31 2023 | n/a | n/a | SEK 2b |
| Dec 31 2022 | SEK 10m | SEK 7m | SEK 2b |
| Sep 30 2022 | n/a | n/a | SEK 2b |
| Jun 30 2022 | n/a | n/a | SEK 2b |
| Mar 31 2022 | n/a | n/a | SEK 2b |
| Dec 31 2021 | SEK 10m | SEK 7m | SEK 2b |
Compensation vs Market: Lars-Ake's total compensation ($USD1.31M) is below average for companies of similar size in the Swedish market ($USD2.11M).
Compensation vs Earnings: Lars-Ake's compensation has been consistent with company performance over the past year.
CEO
Lars-Ake Norling (57 yo)
Mr. Lars-Ake Valdemar Norling is Independent Non-Executive Director of Hargreaves Lansdown plc from September 24, 2025. He has been the CEO of Nordnet AB (publ) since September 1, 2019. Mr. Norling is the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 6.2yrs | SEK 12.50m | 0.51% SEK 343.9m | |
| Deputy CEO & Chief Product Officer | 7.1yrs | SEK 4.90m | 0.094% SEK 62.9m | |
| Chief Financial Officer | 6.8yrs | no data | 0.027% SEK 18.1m | |
| Chief Technology Officer | 4.8yrs | no data | 0.084% SEK 56.1m | |
| Head of Investor Relations | 3.5yrs | no data | no data | |
| Chief Communications Officer | 13.8yrs | no data | 0.023% SEK 15.1m | |
| Chief Human Resources Officer | 4.8yrs | no data | 0.0011% SEK 708.2k | |
| Chief Executive Officer of Nordnet Pensionsforsakring | 2.8yrs | no data | 0.0016% SEK 1.1m | |
| Chief Executive Officer of Nordnet Fonder AB | less than a year | no data | no data | |
| Country Manager Norway | no data | no data | 0.0050% SEK 3.3m | |
| Country Manager Denmark | no data | no data | 0.0022% SEK 1.5m |
Experienced Management: SAVE's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 18.8yrs | SEK 700.00k | 2.08% SEK 1.4b | |
| Independent Director | 3.1yrs | SEK 600.00k | 0.00048% SEK 320.7k | |
| Independent Director | 4.6yrs | SEK 500.00k | no data | |
| Independent Director | 6.8yrs | SEK 500.00k | 0.034% SEK 22.8m | |
| Director | 1.6yrs | SEK 400.00k | no data | |
| Director | 1.6yrs | SEK 400.00k | no data | |
| Independent Director | 5.6yrs | SEK 600.00k | 0.020% SEK 13.4m | |
| Independent Director | 3.1yrs | SEK 600.00k | 0.0013% SEK 868.5k |
Experienced Board: SAVE's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/19 03:23 |
| End of Day Share Price | 2025/11/19 00:00 |
| Earnings | 2025/09/30 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
Nordnet AB (publ) is covered by 20 analysts. 9 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 |
|---|---|
| null null | ABG Sundal Collier |
| Michael Sanderson | Barclays |
| Alexander Medhurst | Barclays |