Nel ASA

BUL:D7G Stock Report

Market Cap: €383.2m

Nel Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Hakon Volldal

Chief executive officer

NOK 5.2m

Total compensation

CEO salary percentage84.7%
CEO tenure2.4yrs
CEO ownershipn/a
Management average tenure3yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hakon Volldal's remuneration changed compared to Nel's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NOK 533m

Jun 30 2024n/an/a

-NOK 585m

Mar 31 2024n/an/a

-NOK 695m

Dec 31 2023NOK 5mNOK 4m

-NOK 855m

Sep 30 2023n/an/a

-NOK 1b

Jun 30 2023n/an/a

-NOK 1b

Mar 31 2023n/an/a

-NOK 1b

Dec 31 2022NOK 5mNOK 2m

-NOK 1b

Compensation vs Market: Hakon's total compensation ($USD454.81K) is below average for companies of similar size in the BG market ($USD740.57K).

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

CEO

Hakon Volldal (48 yo)

2.4yrs

Tenure

NOK 5,154,000

Compensation

Mr. Hakon Rypern Volldal serves as Chief Executive Officer of Nel ASA since July 1, 2022. He joined the Nel ASA in July 2022. He served as President of Q-Free ASA since August 1, 2016 and had been its Chie...

Leadership Team

NamePositionTenureCompensationOwnership
Hakon Volldal
Chief Executive Officer2.4yrsNOK 5.15mno data
Kjell Bjornsen
Chief Financial Officer4.8yrsNOK 3.33m0.0012%
€ 4.6k
Marius Løken
Chief Technical Officer1.5yrsNOK 2.97mno data
Stein Erdal
Senior VP of Legal & General Counsel5.6yrsNOK 2.70mno data
Hans Hide
Chief Project Officer of Electrolyser5.8yrsNOK 2.55m0.0018%
€ 6.9k
Robert Borin
Senior Vice President of Fueling Division3.7yrsNOK 3.64mno data
Wilhelm Flinder
Head of Investor Relationsno datano datano data
Lars Nermoen
Head of Communicationsno datano datano data
Anne Liberg
Chief Human Resources Officerless than a yearno datano data
Tomas Tronstad
Managing Director of Hyonno datano datano data
Todd Cartwright
Chief Commercial Officerless than a yearno datano data
Leila Danielsen
Brand Managerno datano datano data

3.0yrs

Average Tenure

Experienced Management: D7G's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ole Enger
Independent Chairman7.9yrsNOK 737.00k0.0089%
€ 34.3k
Arvid Moss
Independent Director1.7yrsNOK 234.00kno data
Charlotta Falvin
Independent Director4.6yrsNOK 446.00k0.0027%
€ 10.5k
Tom Rotjer
Independent Director4.6yrsNOK 366.00kno data
Beatriz de Molina
Independent Director7.9yrsNOK 481.00kno data
Jens Staff
Independent Director1.7yrsNOK 234.00kno data
Hanne Blume
Independent Director5.6yrsNOK 461.00kno data

4.6yrs

Average Tenure

58yo

Average Age

Experienced Board: D7G's board of directors are considered experienced (4.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 07:37
End of Day Share Price 2024/12/20 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

Nel ASA is covered by 34 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Naisheng CuiBarclays
James HosieBarclays
James CarmichaelBerenberg