Refine Group AB (publ)

OM:REFINE Stock Report

Market Cap: SEK 76.3m

Refine Group Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Ludvig Neset

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownershipn/a
Management average tenure1.3yrs
Board average tenure1.3yrs

Recent management updates

Recent updates

Analysis Article Dec 19

Revenues Not Telling The Story For Refine Group AB (publ) (STO:REFINE)

With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Specialty Retail industry in Sweden, you could be...
Analysis Article Feb 12

Is Refine Group (STO:REFINE) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Oct 06

Health Check: How Prudently Does Refine Group (STO:REFINE) Use Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 23

Is Refine Group (STO:REFINE) Using Debt Sensibly?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 09

Is Refine Group (STO:REFINE) Weighed On By Its Debt Load?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

CEO

Ludvig Neset (34 yo)

less than a year
Tenure

Mr. Ludvig Neset was Director of Refine Group AB (publ) from 2025 to 2026 and served as its Acting Chief Executive Officer since February 2026 until March 2026 and is its Chief Executive Officer from March...


Leadership Team

NamePositionTenureCompensationOwnership
Ludvig Neset
Chief Executive Officerless than a yearno datano data
Filip Blazevic
Investment Manager & Business Developer2.3yrsno datano data
Jonathan Engman
Head of M&A3yrsno datano data
Jacob Stenberg
Deputy CEO & Directorless than a yearno datano data
1.3yrs
Average Tenure
34yo
Average Age

Experienced Management: REFINE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jacob Stenberg
Deputy CEO & Director1.3yrsno datano data
Juri Gendelman
Independent Directorless than a yearno datano data
Joao Caldas
Chairman of the Board1.3yrsno datano data
1.3yrs
Average Tenure

Experienced Board: REFINE's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/24 02:18
End of Day Share Price 2026/05/22 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

Refine Group AB (publ) 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.