Ovzon Management

Management criteria checks 3/4

Ovzon's CEO is Per Noren, appointed in May 2021, has a tenure of 3.67 years. total yearly compensation is SEK5.51M, comprised of 91.4% salary and 8.6% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth SEK2.63M. The average tenure of the management team and the board of directors is 4.3 years and 3.3 years respectively.

Key information

Per Noren

Chief executive officer

SEK 5.5m

Total compensation

CEO salary percentage91.4%
CEO tenure3.7yrs
CEO ownership0.1%
Management average tenure4.3yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

Investors Appear Satisfied With Ovzon AB (publ)'s (STO:OVZON) Prospects As Shares Rocket 25%

Dec 30
Investors Appear Satisfied With Ovzon AB (publ)'s (STO:OVZON) Prospects As Shares Rocket 25%

Earnings Release: Here's Why Analysts Cut Their Ovzon AB (publ) (STO:OVZON) Price Target To kr15.00

Nov 20
Earnings Release: Here's Why Analysts Cut Their Ovzon AB (publ) (STO:OVZON) Price Target To kr15.00

Ovzon AB (publ)'s (STO:OVZON) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of Investors

Nov 07
Ovzon AB (publ)'s (STO:OVZON) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of Investors

Investors Still Waiting For A Pull Back In Ovzon AB (publ) (STO:OVZON)

Sep 17
Investors Still Waiting For A Pull Back In Ovzon AB (publ) (STO:OVZON)

Analysts Have Just Cut Their Ovzon AB (publ) (STO:OVZON) Revenue Estimates By 11%

Aug 22
Analysts Have Just Cut Their Ovzon AB (publ) (STO:OVZON) Revenue Estimates By 11%

Ovzon AB (publ) (STO:OVZON) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Aug 21
Ovzon AB (publ) (STO:OVZON) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Investors Appear Satisfied With Ovzon AB (publ)'s (STO:OVZON) Prospects As Shares Rocket 26%

Jun 11
Investors Appear Satisfied With Ovzon AB (publ)'s (STO:OVZON) Prospects As Shares Rocket 26%

Is Ovzon (STO:OVZON) Using Too Much Debt?

May 22
Is Ovzon (STO:OVZON) Using Too Much Debt?

Why Investors Shouldn't Be Surprised By Ovzon AB (publ)'s (STO:OVZON) 29% Share Price Surge

Mar 22
Why Investors Shouldn't Be Surprised By Ovzon AB (publ)'s (STO:OVZON) 29% Share Price Surge

Analysts Just Published A Bright New Outlook For Ovzon AB (publ)'s (STO:OVZON)

Mar 03
Analysts Just Published A Bright New Outlook For Ovzon AB (publ)'s (STO:OVZON)

After Leaping 158% Ovzon AB (publ) (STO:OVZON) Shares Are Not Flying Under The Radar

Dec 27
After Leaping 158% Ovzon AB (publ) (STO:OVZON) Shares Are Not Flying Under The Radar

Is Ovzon (STO:OVZON) A Risky Investment?

Jun 09
Is Ovzon (STO:OVZON) A Risky Investment?

An Intrinsic Calculation For Ovzon AB (publ) (STO:OVZON) Suggests It's 24% Undervalued

May 19
An Intrinsic Calculation For Ovzon AB (publ) (STO:OVZON) Suggests It's 24% Undervalued

Analyst Forecasts Just Became More Bearish On Ovzon AB (publ) (STO:OVZON)

Mar 04
Analyst Forecasts Just Became More Bearish On Ovzon AB (publ) (STO:OVZON)

Would Ovzon (STO:OVZON) Be Better Off With Less Debt?

Oct 01
Would Ovzon (STO:OVZON) Be Better Off With Less Debt?

Upgrade: The Latest Revenue Forecasts For Ovzon AB (publ) (STO:OVZON)

May 03
Upgrade: The Latest Revenue Forecasts For Ovzon AB (publ) (STO:OVZON)

CEO Compensation Analysis

How has Per Noren's remuneration changed compared to Ovzon's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-SEK 79m

Jun 30 2024n/an/a

-SEK 76m

Mar 31 2024n/an/a

-SEK 84m

Dec 31 2023SEK 6mSEK 5m

-SEK 60m

Sep 30 2023n/an/a

-SEK 115m

Jun 30 2023n/an/a

-SEK 83m

Mar 31 2023n/an/a

-SEK 43m

Dec 31 2022SEK 5mSEK 4m

-SEK 36m

Sep 30 2022n/an/a

-SEK 15m

Jun 30 2022n/an/a

-SEK 30m

Mar 31 2022n/an/a

-SEK 85m

Dec 31 2021SEK 4mSEK 2m

-SEK 84m

Compensation vs Market: Per's total compensation ($USD490.37K) is about average for companies of similar size in the Swedish market ($USD448.27K).

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


CEO

Per Noren (59 yo)

3.7yrs

Tenure

SEK 5,505,000

Compensation

Mr. Per Noren has been President and Chief Executive Officer at Ovzon AB (publ) since May 1, 2021. He serves as Director of Vikom V st AB, Center for Business Innovation, Chalmers University of Technology...


Leadership Team

NamePositionTenureCompensationOwnership
Per Noren
President & CEO3.7yrsSEK 5.51m0.14%
SEK 2.6m
Viktor Bremer
Interim CFOless than a yearno datano data
Tom Hopkins
Chief Operating Officer5yrsno data0.055%
SEK 1.0m
Kennet Lejnell
Chief Technology Officerno dataSEK 1.36m0.32%
SEK 6.0m
Gabriele Arrighetti
International Sales Managerno datano datano data
Kristofer Alm
Chief Marketing Officer2yrsno datano data
Per Wahlberg
Deputy Chief Executive Officer5.7yrsSEK 2.03m2.29%
SEK 42.2m
Nils Norén
Chief Product Development & Supply Officer5yrsno datano data
Lars-Ola Klockervold
Chief Engineer2yrsno data0.0023%
SEK 43.0k
Thomas Buhre
Consultant6.3yrsno datano data

4.3yrs

Average Tenure

59.5yo

Average Age

Experienced Management: OVZON's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lars Hansen
Independent Directorless than a yearno datano data
Peder Ramel
Independent Directorless than a yearno datano data
Cecilia Driving
Independent Director4.8yrsSEK 290.00k0.0018%
SEK 33.0k
Nicklas Paulson
Independent Director6.7yrsSEK 243.00k0.038%
SEK 694.7k
Regina Dahlstrom
Chairman of the Board1.8yrsSEK 193.00k0.036%
SEK 661.5k
Dan Jangblad
Independent Director4.8yrsSEK 227.00k0.0044%
SEK 80.4k

3.3yrs

Average Tenure

57.5yo

Average Age

Experienced Board: OVZON's board of directors are considered experienced (3.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 10:52
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Ovzon AB (publ) is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Simon GranathABG Sundal Collier Sponsored
null nullABG Sundal Collier Sponsored