Alm. Brand Management
Management criteria checks 4/4
Alm. Brand's CEO is Rasmus Nielsen, appointed in Oct 2019, has a tenure of 6.25 years. total yearly compensation is DKK14.97M, comprised of 82.2% salary and 17.8% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth $2.12M. The average tenure of the management team and the board of directors is 5.1 years and 5.3 years respectively.
Key information
Rasmus Nielsen
Chief executive officer
DKK 15.0m
Total compensation
| CEO salary percentage | 82.17% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.05% |
| Management average tenure | 5.1yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | DKK 1b |
| Jun 30 2025 | n/a | n/a | DKK 956m |
| Mar 31 2025 | n/a | n/a | DKK 737m |
| Dec 31 2024 | DKK 15m | DKK 12m | DKK 769m |
| Sep 30 2024 | n/a | n/a | DKK 640m |
| Jun 30 2024 | n/a | n/a | DKK 522m |
| Mar 31 2024 | n/a | n/a | DKK 591m |
| Dec 31 2023 | DKK 14m | DKK 12m | DKK 439m |
| Sep 30 2023 | n/a | n/a | DKK 492m |
| Jun 30 2023 | n/a | n/a | DKK 423m |
| Mar 31 2023 | n/a | n/a | DKK 49m |
| Dec 31 2022 | DKK 12m | DKK 10m | -DKK 177m |
| Sep 30 2022 | n/a | n/a | -DKK 140m |
| Jun 30 2022 | n/a | n/a | -DKK 115m |
| Mar 31 2022 | n/a | n/a | DKK 239m |
| Dec 31 2021 | DKK 11m | DKK 9m | DKK 506m |
| Sep 30 2021 | n/a | n/a | DKK 486m |
| Jun 30 2021 | n/a | n/a | DKK 568m |
| Mar 31 2021 | n/a | n/a | DKK 610m |
| Dec 31 2020 | DKK 8m | DKK 7m | DKK 561m |
| Sep 30 2020 | n/a | n/a | DKK 465m |
| Jun 30 2020 | n/a | n/a | DKK 407m |
| Mar 31 2020 | n/a | n/a | DKK 322m |
| Dec 31 2019 | DKK 1m | DKK 1m | DKK 467m |
Compensation vs Market: Rasmus's total compensation ($USD2.33M) is below average for companies of similar size in the US market ($USD6.83M).
Compensation vs Earnings: Rasmus's compensation has been consistent with company performance over the past year.
CEO
Rasmus Nielsen (56 yo)
Mr. Rasmus Werner Nielsen serves as Chairman of the Board for Codan Forsikring A/S since 2022. He serves as Group CEO, EVP of Staff Functions at Alm. Brand A/S since October 1, 2022.He serves as Chief Exe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 6.3yrs | DKK 14.97m | 0.053% $ 2.1m | |
| Member of Management Board | 4yrs | DKK 9.73m | no data | |
| Vice CEO & CFO | 6.3yrs | no data | 0.0015% $ 59.5k | |
| C.O.O | less than a year | no data | no data | |
| Chief Investment Officer | 2.4yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Director & Senior VP of Group Legal | 8.9yrs | no data | no data | |
| Chief Press & Communication Officer | 4yrs | no data | no data | |
| Senior Vice President of Human Resources | 4yrs | no data | no data | |
| Senior Vice President of Non-life Insurance - Commercial | 6.6yrs | no data | no data | |
| Senior Vice President of Non-life Insurance - Private | 6.6yrs | no data | no data | |
| Senior Vice President of Digital Development Programme | no data | no data | no data |
Experienced Management: ABDB.Y's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Alternate Director | 3.8yrs | no data | no data | |
| Independent Chairman | 2.8yrs | DKK 545.28k | no data | |
| Independent Director | 10.8yrs | DKK 855.28k | no data | |
| Deputy Chairman of the Board | 15.8yrs | DKK 1.31m | no data | |
| Employee Representative Director | 11.8yrs | DKK 474.92k | no data | |
| Director | 4.5yrs | DKK 539.92k | no data | |
| Independent Director | 5.4yrs | DKK 770.28k | no data | |
| Employee Representative Director | 7.8yrs | DKK 439.92k | no data | |
| Employee Representative Director | 5.3yrs | DKK 439.92k | no data | |
| Alternate Director | 3.8yrs | no data | no data | |
| Director | less than a year | no data | no data |
Experienced Board: ABDB.Y's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/11 16:50 |
| End of Day Share Price | 2025/10/14 00:00 |
| Earnings | 2025/09/30 |
| 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 |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Alm. Brand A/S is covered by 9 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.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Alessia Magni | Barclays |
| Johan Ström | Carnegie Investment Bank AB |