Karolinska Development Management
Management criteria checks 2/4
Karolinska Development's CEO is Viktor Drvota, appointed in Jun 2017, has a tenure of 7.92 years. total yearly compensation is SEK4.82M, comprised of 63.5% salary and 36.5% bonuses, including company stock and options. directly owns 0.078% of the company’s shares, worth SEK203.47K. The average tenure of the management team and the board of directors is 5 years and 3.8 years respectively.
Key information
Viktor Drvota
Chief executive officer
SEK 4.8m
Total compensation
| CEO salary percentage | 63.5% |
| CEO tenure | 7.9yrs |
| CEO ownership | 0.08% |
| Management average tenure | 5yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
We Discuss Why Karolinska Development AB (publ)'s (STO:KDEV) CEO Compensation May Be Closely Reviewed
May 09
We Think That There Are Some Issues For Karolinska Development (STO:KDEV) Beyond Its Promising Earnings
May 04Is Karolinska Development (STO:KDEV) Using Too Much Debt?
Aug 19Karolinska Development AB (publ)'s (STO:KDEV) CEO Might Not Expect Shareholders To Be So Generous This Year
Apr 27We're Not So Sure You Should Rely on Karolinska Development's (STO:KDEV) Statutory Earnings
Feb 08
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -SEK 23m |
| Dec 31 2024 | SEK 5m | SEK 3m | -SEK 8m |
| Sep 30 2024 | n/a | n/a | -SEK 29m |
| Jun 30 2024 | n/a | n/a | -SEK 6m |
| Mar 31 2024 | n/a | n/a | SEK 34m |
| Dec 31 2023 | SEK 5m | SEK 3m | SEK 5m |
| Sep 30 2023 | n/a | n/a | SEK 17m |
| Jun 30 2023 | n/a | n/a | -SEK 41m |
| Mar 31 2023 | n/a | n/a | -SEK 87m |
| Dec 31 2022 | SEK 6m | SEK 3m | -SEK 88m |
| Sep 30 2022 | n/a | n/a | -SEK 118m |
| Jun 30 2022 | n/a | n/a | -SEK 72m |
| Mar 31 2022 | n/a | n/a | SEK 166m |
| Dec 31 2021 | SEK 5m | SEK 3m | SEK 171m |
| Sep 30 2021 | n/a | n/a | SEK 276m |
| Jun 30 2021 | n/a | n/a | SEK 108m |
| Mar 31 2021 | n/a | n/a | -SEK 106m |
| Dec 31 2020 | SEK 5m | SEK 3m | -SEK 207m |
| Sep 30 2020 | n/a | n/a | SEK 35m |
| Jun 30 2020 | n/a | n/a | SEK 190m |
| Mar 31 2020 | n/a | n/a | SEK 195m |
| Dec 31 2019 | SEK 6m | SEK 3m | SEK 303m |
| Sep 30 2019 | n/a | n/a | -SEK 11m |
| Jun 30 2019 | n/a | n/a | SEK 8m |
| Mar 31 2019 | n/a | n/a | SEK 32m |
| Dec 31 2018 | SEK 5m | SEK 3m | SEK 31m |
Compensation vs Market: Viktor's total compensation ($USD496.46K) is above average for companies of similar size in the Swedish market ($USD277.62K).
Compensation vs Earnings: Viktor's compensation has increased whilst the company is unprofitable.
CEO
Viktor Drvota (59 yo)
7.9yrs
Tenure
SEK 4,822,000
Compensation
Dr. Viktor Drvota, M.D., Ph D., is Chief Executive Officer of Umecrine Cognition AB from April 2025. He has been an Independent Director of OssDsign AB since 2015.He serves as Chairman of the Board at Mod...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 7.9yrs | SEK 4.82m | 0.078% SEK 203.5k | |
| Chief Financial Officer | 2.6yrs | no data | 0.013% SEK 33.9k | |
| Investment Manager | no data | no data | 0.0037% SEK 9.7k | |
| Head of Accounting | 11.6yrs | no data | 0.012% SEK 32.1k | |
| Chief Scientific Officer & Venture Partner | 4.9yrs | no data | no data | |
| Chief Legal Officer & Deputy CEO | 5yrs | no data | 0.15% SEK 387.8k | |
| Senior Strategic Advisor | no data | no data | no data |
5.0yrs
Average Tenure
56yo
Average Age
Experienced Management: KDEV's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 4.3yrs | SEK 180.00k | no data | |
| Chairman | 4.3yrs | SEK 200.00k | 0.024% SEK 62.0k | |
| Director | less than a year | no data | no data | |
| Director | 3.3yrs | SEK 140.00k | no data |
3.8yrs
Average Tenure
41yo
Average Age
Experienced Board: KDEV'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 | 2025/05/09 06:15 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 7 analysts. 1 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 |
|---|---|
| Johan Löchen | ABG Sundal Collier Sponsored |
| Klas Palin | Carnegie Commissioned Research |
| Espen Jørgensen | DNB Markets |