Cortus Energy AB (publ)

OM:CE Stock Report

Market Cap: SEK 19.3m

Cortus Energy Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Rolf Ljunggren

Chief executive officer

SEK 1.5m

Total compensation

CEO salary percentage86.0%
CEO tenure19yrs
CEO ownership0.001%
Management average tenureno data
Board average tenure11.5yrs

Recent management updates

Recent updates

Here's Why Cortus Energy (STO:CE) Can Afford Some Debt

Jan 03
Here's Why Cortus Energy (STO:CE) Can Afford Some Debt

We Think Cortus Energy (STO:CE) Has A Fair Chunk Of Debt

Sep 20
We Think Cortus Energy (STO:CE) Has A Fair Chunk Of Debt

Is Cortus Energy (STO:CE) Using Too Much Debt?

Jun 07
Is Cortus Energy (STO:CE) Using Too Much Debt?

Would Cortus Energy (STO:CE) Be Better Off With Less Debt?

Feb 18
Would Cortus Energy (STO:CE) Be Better Off With Less Debt?

Is Cortus Energy (STO:CE) Using Debt Sensibly?

Aug 22
Is Cortus Energy (STO:CE) Using Debt Sensibly?

Is Cortus Energy (STO:CE) Weighed On By Its Debt Load?

Mar 03
Is Cortus Energy (STO:CE) Weighed On By Its Debt Load?

Here's Why Cortus Energy (STO:CE) Can Afford Some Debt

Nov 01
Here's Why Cortus Energy (STO:CE) Can Afford Some Debt

Here's Why Cortus Energy (STO:CE) Can Afford Some Debt

Jul 20
Here's Why Cortus Energy (STO:CE) Can Afford Some Debt

Here's Why Cortus Energy (STO:CE) Can Afford Some Debt

Mar 29
Here's Why Cortus Energy (STO:CE) Can Afford Some Debt

Is Cortus Energy (STO:CE) A Risky Investment?

Dec 13
Is Cortus Energy (STO:CE) A Risky Investment?

CEO Compensation Analysis

How has Rolf Ljunggren's remuneration changed compared to Cortus Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-SEK 80m

Jun 30 2024n/an/a

-SEK 89m

Mar 31 2024n/an/a

-SEK 90m

Dec 31 2023SEK 2mSEK 1m

-SEK 84m

Sep 30 2023n/an/a

-SEK 80m

Jun 30 2023n/an/a

-SEK 69m

Mar 31 2023n/an/a

-SEK 66m

Dec 31 2022SEK 1mSEK 1m

-SEK 64m

Sep 30 2022n/an/a

-SEK 64m

Jun 30 2022n/an/a

-SEK 68m

Mar 31 2022n/an/a

-SEK 70m

Dec 31 2021SEK 1mSEK 1m

-SEK 79m

Sep 30 2021n/an/a

-SEK 79m

Jun 30 2021n/an/a

-SEK 80m

Mar 31 2021n/an/a

-SEK 78m

Dec 31 2020SEK 958kSEK 1m

-SEK 76m

Sep 30 2020n/an/a

-SEK 75m

Jun 30 2020n/an/a

-SEK 72m

Mar 31 2020n/an/a

-SEK 70m

Dec 31 2019SEK 2mSEK 1m

-SEK 72m

Sep 30 2019n/an/a

-SEK 141m

Jun 30 2019n/an/a

-SEK 133m

Mar 31 2019n/an/a

-SEK 128m

Dec 31 2018SEK 1mSEK 1m

-SEK 111m

Compensation vs Market: Rolf's total compensation ($USD134.67K) is below average for companies of similar size in the Swedish market ($USD230.87K).

Compensation vs Earnings: Rolf's compensation has increased whilst the company is unprofitable.

CEO

Rolf Ljunggren (61 yo)

19yrs

Tenure

SEK 1,501,000

Compensation

Mr. Rolf Ljunggren founded Cortus Energy AB in 2006. He served as Deputy Chief Executive Officer and Marketing and Sales Manager of Cortus Energy AB (publ) since January 2019. He is Acting Chief Executive...

Board Members

NamePositionTenureCompensationOwnership
Rolf Ljunggren
Founder12yrsSEK 1.50m0.0011%
SEK 204.7
Tobias Wennberg
Director4.7yrsSEK 120.00k0.000060%
SEK 11.6
Richard Bagge
Director12yrsSEK 120.00k0.00026%
SEK 50.2
Per-Olov Norberg
Chairman of the Board12yrsSEK 240.00k0.011%
SEK 2.1k
Peter Forssell
Director11yrsSEK 121.00kno data
Lars-Olof Svensson
Director1.6yrsSEK 70.00kno data

11.5yrs

Average Tenure

65yo

Average Age

Experienced Board: CE's board of directors are seasoned and experienced ( 11.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 07:58
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

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 here.

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 .

Analyst Sources

Cortus Energy AB (publ) is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Markus AugustssonCarlsquare AB
Henrik AlveskogRedeye