Karolinska Development AB (publ)

OM:KDEV Stock Report

Market Cap: SEK 117.6m

Karolinska Development Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Viktor Drvota

Chief executive officer

SEK 4.8m

Total compensation

CEO salary percentage63.50%
CEO tenure8.6yrs
CEO ownershipn/a
Management average tenure5.6yrs
Board average tenure2.6yrs

Recent management updates

We Discuss Why Karolinska Development AB (publ)'s (STO:KDEV) CEO Compensation May Be Closely Reviewed

May 09
We Discuss Why Karolinska Development AB (publ)'s (STO:KDEV) CEO Compensation May Be Closely Reviewed

Recent updates

We Discuss Why Karolinska Development AB (publ)'s (STO:KDEV) CEO Compensation May Be Closely Reviewed

May 09
We Discuss Why Karolinska Development AB (publ)'s (STO:KDEV) CEO Compensation May Be Closely Reviewed

We Think That There Are Some Issues For Karolinska Development (STO:KDEV) Beyond Its Promising Earnings

May 04
We Think That There Are Some Issues For Karolinska Development (STO:KDEV) Beyond Its Promising Earnings

Is Karolinska Development (STO:KDEV) Using Too Much Debt?

Aug 19
Is Karolinska Development (STO:KDEV) Using Too Much Debt?

Karolinska Development AB (publ)'s (STO:KDEV) CEO Might Not Expect Shareholders To Be So Generous This Year

Apr 27
Karolinska Development AB (publ)'s (STO:KDEV) CEO Might Not Expect Shareholders To Be So Generous This Year

We're Not So Sure You Should Rely on Karolinska Development's (STO:KDEV) Statutory Earnings

Feb 08
We're Not So Sure You Should Rely on Karolinska Development's (STO:KDEV) Statutory Earnings

CEO Compensation Analysis

How has Viktor Drvota's remuneration changed compared to Karolinska Development's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-SEK 136m

Jun 30 2025n/an/a

-SEK 80m

Mar 31 2025n/an/a

-SEK 23m

Dec 31 2024SEK 5mSEK 3m

-SEK 8m

Sep 30 2024n/an/a

-SEK 29m

Jun 30 2024n/an/a

-SEK 6m

Mar 31 2024n/an/a

SEK 34m

Dec 31 2023SEK 5mSEK 3m

SEK 5m

Sep 30 2023n/an/a

SEK 17m

Jun 30 2023n/an/a

-SEK 41m

Mar 31 2023n/an/a

-SEK 87m

Dec 31 2022SEK 6mSEK 3m

-SEK 88m

Sep 30 2022n/an/a

-SEK 118m

Jun 30 2022n/an/a

-SEK 72m

Mar 31 2022n/an/a

SEK 166m

Dec 31 2021SEK 5mSEK 3m

SEK 171m

Sep 30 2021n/an/a

SEK 276m

Jun 30 2021n/an/a

SEK 108m

Mar 31 2021n/an/a

-SEK 106m

Dec 31 2020SEK 5mSEK 3m

-SEK 207m

Sep 30 2020n/an/a

SEK 35m

Jun 30 2020n/an/a

SEK 190m

Mar 31 2020n/an/a

SEK 195m

Dec 31 2019SEK 6mSEK 3m

SEK 303m

Compensation vs Market: Viktor's total compensation ($USD523.75K) is above average for companies of similar size in the Swedish market ($USD305.00K).

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

CEO

Viktor Drvota (60 yo)

8.6yrs
Tenure
SEK 4,822,000
Compensation

Dr. Viktor Drvota, MD, PhD, is Director of AnaCardio AB. Dr. Drvota, is Chairman of the Board at Dilafor AB. Dr. Drvota is Chief Executive Officer of Umecrine Cognition AB from April 2025.He had been an I...

Leadership Team

NamePositionTenureCompensationOwnership
Viktor Drvota
Chief Executive Officer8.6yrsSEK 4.82mno data
Hans Toll
Chief Financial Officer3.3yrsno datano data
Eva Montgomerie
Head of Accounting12.3yrsno datano data
John Öhd
Chief Scientific Officer & Venture Partner5.6yrsno datano data
Johan Dighed
Chief Legal Officer & Deputy CEO5.7yrsno datano data
Tse Ping
Senior Strategic Advisorno datano datano data
Mathias Frenzel
Investment Analystno datano datano data
5.6yrs
Average Tenure
57yo
Average Age

Experienced Management: KDEV's management team is seasoned and experienced (5.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Karl Anders Harfstrand
Independent Director1yrSEK 200.00kno data
Anna Lefevre Skjoldebrand
Independent Board Member4.9yrsSEK 180.00kno data
Anders Harfstrand
Board Member1yrno datano data
Ben Toogood
Chairman4.9yrsSEK 200.00kno data
Will Zeng
Board Member1.2yrsno datano data
Philip Duong
Board Member4yrsSEK 140.00kno data
2.6yrs
Average Tenure
52.5yo
Average Age

Experienced Board: KDEV's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/01 20:58
End of Day Share Price 2025/12/30 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

Karolinska Development AB (publ) is covered by 4 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
Johan LöchenABG Sundal Collier Sponsored
Espen JørgensenDNB Carnegie
Klas PalinDNB Carnegie Commissioned Research