Grangex AB

OM:GRANGX Stock Report

Market Cap: SEK 544.6m

Grangex Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Christer Lindqvist

Chief executive officer

SEK 2.6m

Total compensation

CEO salary percentage80.16%
CEO tenure5yrs
CEO ownership14.2%
Management average tenure3.4yrs
Board average tenure1.9yrs

Recent management updates

Recent updates

Is Grängesberg Exploration Holding (NGM:GRANGX) In A Good Position To Deliver On Growth Plans?

Mar 08
Is Grängesberg Exploration Holding (NGM:GRANGX) In A Good Position To Deliver On Growth Plans?

CEO Compensation Analysis

How has Christer Lindqvist's remuneration changed compared to Grangex's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-SEK 88m

Jun 30 2025n/an/a

-SEK 90m

Mar 31 2025n/an/a

-SEK 135m

Dec 31 2024SEK 3mSEK 2m

-SEK 170m

Sep 30 2024n/an/a

-SEK 101m

Jun 30 2024n/an/a

-SEK 71m

Mar 31 2024n/an/a

-SEK 52m

Dec 31 2023SEK 2mSEK 2m

-SEK 28m

Sep 30 2023n/an/a

-SEK 27m

Jun 30 2023n/an/a

-SEK 21m

Mar 31 2023n/an/a

-SEK 9m

Dec 31 2022SEK 2mSEK 1m

-SEK 13m

Sep 30 2022n/an/a

-SEK 12m

Jun 30 2022n/an/a

-SEK 10m

Mar 31 2022n/an/a

-SEK 11m

Dec 31 2021SEK 2mSEK 1m

-SEK 10m

Compensation vs Market: Christer's total compensation ($USD278.24K) is about average for companies of similar size in the Swedish market ($USD292.81K).

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

CEO

Christer Lindqvist (69 yo)

5yrs
Tenure
SEK 2,631,000
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

NamePositionTenureCompensationOwnership
Christer Lindqvist
CEO & President5yrsSEK 2.63m14.21%
SEK 77.4m
Paul Johnsson
Chief Financial Officer5yrsSEK 1.34m0.12%
SEK 645.0k
Lisa Malm
Head of Process & Technology1.8yrsno datano data
Jenny Eriksson
Head of Environment & Sustainability1.8yrsno datano data
3.4yrs
Average Tenure
50.5yo
Average Age

Experienced Management: GRANGX's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Annika Billberg
Independent Director3.8yrsSEK 250.00kno data
Klas Astrom
Independent Chairman of the Board2.5yrsSEK 311.00kno data
Frank Hojem
Independent Directorless than a yearno datano data
Thomas Soderqvist
Independent Director1.9yrsSEK 102.00kno data
Johan Lundqvist
Independent Director1.9yrsSEK 102.00k0.018%
SEK 96.7k
Bard Bergfald
Director1.9yrsSEK 102.00kno data
1.9yrs
Average Tenure
60.5yo
Average Age

Experienced Board: GRANGX's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/15 16:06
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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

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.