Grangex Management
Management criteria checks 2/4
Grangex's CEO is Christer Lindqvist, appointed in Nov 2020, has a tenure of 4.17 years. total yearly compensation is SEK2.24M, comprised of 85.4% salary and 14.6% bonuses, including company stock and options. directly owns 0.092% of the company’s shares, worth SEK120.87K. The average tenure of the management team and the board of directors is 4.2 years and 2 years respectively.
Key information
Christer Lindqvist
Chief executive officer
SEK 2.2m
Total compensation
| CEO salary percentage | 85.4% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.09% |
| Management average tenure | 4.2yrs |
| Board average tenure | 2yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -SEK 101m |
| Jun 30 2024 | n/a | n/a | -SEK 71m |
| Mar 31 2024 | n/a | n/a | -SEK 52m |
| Dec 31 2023 | SEK 2m | SEK 2m | -SEK 28m |
| Sep 30 2023 | n/a | n/a | -SEK 27m |
| Jun 30 2023 | n/a | n/a | -SEK 21m |
| Mar 31 2023 | n/a | n/a | -SEK 9m |
| Dec 31 2022 | SEK 2m | SEK 1m | -SEK 13m |
Compensation vs Market: Christer's total compensation ($USD200.12K) is about average for companies of similar size in the Swedish market ($USD226.39K).
Compensation vs Earnings: Christer's compensation has increased whilst the company is unprofitable.
CEO
Christer Lindqvist (68 yo)
4.2yrs
Tenure
SEK 2,240,000
Compensation
Mr. Christer Lindqvist has been Chief Executive Officer and President at Grangex AB (formerly known as Grngesberg Exploration Holding AB (publ)) since November 05, 2020 and had been its Director since Sept...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 4.2yrs | SEK 2.24m | 0.092% SEK 120.9k | |
| Chief Financial Officer | 4.2yrs | no data | 0.12% SEK 156.0k | |
| Technical Manager | no data | no data | no data | |
| Chief Geologist | no data | no data | no data | |
| Head of Environment & Sustainability | less than a year | no data | no data |
4.2yrs
Average Tenure
68yo
Average Age
Experienced Management: GRANGX's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 3yrs | SEK 213.00k | no data | |
| Director | 2yrs | SEK 8.00k | no data | |
| Independent Chairman of the Board | 2yrs | SEK 156.00k | no data | |
| Director | 2yrs | SEK 8.00k | no data | |
| Director | 2yrs | SEK 8.00k | no data | |
| Director | 2yrs | SEK 8.00k | no data |
2.0yrs
Average Tenure
59.5yo
Average Age
Experienced Board: GRANGX's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 10:20 |
| End of Day Share Price | 2025/01/17 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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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
Grangex AB is covered by 0 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.
| Analyst | Institution |
|---|