24SevenOffice Group AB (publ)

NGM:247 Stock Report

Market Cap: kr951.5m

24SevenOffice Group Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Eirik Stranden

Chief executive officer

kr2.5m

Total compensation

CEO salary percentage93.9%
CEO tenure2.5yrs
CEO ownershipn/a
Management average tenure1.3yrs
Board average tenure2yrs

Recent management updates

Recent updates

Is 24SevenOffice Group (NGM:247) A Risky Investment?

Apr 30
Is 24SevenOffice Group (NGM:247) A Risky Investment?

24SevenOffice Group AB (publ)'s (NGM:247) P/S Is On The Mark

Feb 15
24SevenOffice Group AB (publ)'s (NGM:247) P/S Is On The Mark

We Think 24SevenOffice Group (NGM:247) Has A Fair Chunk Of Debt

Aug 05
We Think 24SevenOffice Group (NGM:247) Has A Fair Chunk Of Debt

Lacklustre Performance Is Driving 24SevenOffice Group AB (publ)'s (NGM:247) 28% Price Drop

Jun 14
Lacklustre Performance Is Driving 24SevenOffice Group AB (publ)'s (NGM:247) 28% Price Drop

Does 24SevenOffice Group (NGM:247) Have A Healthy Balance Sheet?

Mar 16
Does 24SevenOffice Group (NGM:247) Have A Healthy Balance Sheet?

Is 24SevenOffice Group (NGM:247) Weighed On By Its Debt Load?

Jun 16
Is 24SevenOffice Group (NGM:247) Weighed On By Its Debt Load?

Is 24SevenOffice Group (NGM:247) Using Debt In A Risky Way?

Jan 24
Is 24SevenOffice Group (NGM:247) Using Debt In A Risky Way?

The Returns On Capital At 24SevenOffice Group (NGM:247) Don't Inspire Confidence

Jul 07
The Returns On Capital At 24SevenOffice Group (NGM:247) Don't Inspire Confidence

Is 24SevenOffice Scandinavia (NGM:247) Using Too Much Debt?

May 16
Is 24SevenOffice Scandinavia (NGM:247) Using Too Much Debt?

Need To Know: One Analyst Is Much More Bullish On 24SevenOffice Scandinavia AB (publ) (NGM:247) Revenues

Feb 28
Need To Know: One Analyst Is Much More Bullish On 24SevenOffice Scandinavia AB (publ) (NGM:247) Revenues

Is 24SevenOffice Scandinavia AB (publ) (NGM:247) Potentially Undervalued?

Jan 29
Is 24SevenOffice Scandinavia AB (publ) (NGM:247) Potentially Undervalued?

Is 24SevenOffice Scandinavia (NGM:247) Using Too Much Debt?

Jan 03
Is 24SevenOffice Scandinavia (NGM:247) Using Too Much Debt?

Estimating The Fair Value Of 24SevenOffice Scandinavia AB (publ) (NGM:247)

Nov 29
Estimating The Fair Value Of 24SevenOffice Scandinavia AB (publ) (NGM:247)

CEO Compensation Analysis

How has Eirik Stranden's remuneration changed compared to 24SevenOffice Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023kr3mkr2m

-kr163m

Sep 30 2023n/an/a

-kr166m

Jun 30 2023n/an/a

-kr199m

Mar 31 2023n/an/a

-kr223m

Dec 31 2022kr2mkr2m

-kr208m

Sep 30 2022n/an/a

-kr161m

Jun 30 2022n/an/a

-kr122m

Mar 31 2022n/an/a

-kr103m

Dec 31 2021kr627kkr601k

-kr74m

Compensation vs Market: Eirik's total compensation ($USD230.48K) is about average for companies of similar size in the Swedish market ($USD240.79K).

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


CEO

Eirik Stranden (32 yo)

2.5yrs

Tenure

kr2,535,000

Compensation

Mr. Eirik Aalvik Stranden is Chief Executive Officer of 24SevenOffice Group AB (publ) from November 11, 2021. He was a management consultant from Boston Consulting Group and EY. He continued his profession...


Leadership Team

NamePositionTenureCompensationOwnership
Eirik Stranden
Chief Executive Officer2.5yrskr2.54mno data
Staale Risa
Vice Chairman & Advisor2yrsno data2.2%
SEK 20.9m
Magnus Grøneng
Chief Financial Officerless than a yearno datano data
Geir Beinset
COO & CCOno datano datano data
Steinar Jordbakke
Chief Technology Officer1.3yrsno datano data
Rebecca Van Vuuren
Chief Marketing Officer1.3yrsno datano data
Christoffer Fernsjo
Chief Sales Officer1.3yrsno datano data
Julie Sannerud
Director People & Talentno datano datano data
Nadine Ramsberg
Chief Product Officerless than a yearno datano data

1.3yrs

Average Tenure

42yo

Average Age

Experienced Management: 247's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Staale Risa
Vice Chairman & Advisor2yrsno data2.2%
SEK 20.9m
Karl-Anders Gronland
Chairman of the Boardno datakr122.00kno data
Karin Lindberg
Director2yrskr65.00kno data
Staffan Herbest
Director2yrskr65.00kno data

2.0yrs

Average Tenure

45.5yo

Average Age

Experienced Board: 247's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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