Zaptec Management
Management criteria checks 3/4
Zaptec's CEO is Kurt Ostrem, appointed in Oct 2023, has a tenure of 2.75 years. total yearly compensation is NOK5.03M, comprised of 81.1% salary and 18.9% bonuses, including company stock and options. directly owns 1.47% of the company’s shares, worth €5.32M. The average tenure of the management team and the board of directors is 2.6 years and 2 years respectively.
Key information
Kurt Ostrem
Chief executive officer
NOK 5.0m
Total compensation
| CEO salary percentage | 81.09% |
| CEO tenure | 2.8yrs |
| CEO ownership | 1.5% |
| Management average tenure | 2.6yrs |
| Board average tenure | 2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | NOK 80m |
| Dec 31 2025 | NOK 5m | NOK 4m | NOK 54m |
| Sep 30 2025 | n/a | n/a | NOK 38m |
| Jun 30 2025 | n/a | n/a | NOK 6m |
| Mar 31 2025 | n/a | n/a | -NOK 2m |
| Dec 31 2024 | NOK 6m | NOK 4m | -NOK 3m |
| Sep 30 2024 | n/a | n/a | -NOK 16m |
| Jun 30 2024 | n/a | n/a | NOK 28m |
| Mar 31 2024 | n/a | n/a | NOK 18m |
| Dec 31 2023 | NOK 4m | NOK 3m | NOK 22m |
| Sep 30 2023 | n/a | n/a | -NOK 32m |
| Jun 30 2023 | n/a | n/a | -NOK 43m |
| Mar 31 2023 | n/a | n/a | -NOK 52m |
| Dec 31 2022 | NOK 5m | NOK 2m | -NOK 53m |
| Sep 30 2022 | n/a | n/a | NOK 30m |
| Jun 30 2022 | n/a | n/a | NOK 32m |
| Mar 31 2022 | n/a | n/a | NOK 45m |
| Dec 31 2021 | NOK 2m | NOK 2m | NOK 46m |
Compensation vs Market: Kurt's total compensation ($USD523.47K) is below average for companies of similar size in the German market ($USD1.04M).
Compensation vs Earnings: Kurt's compensation has been consistent with company performance over the past year.
CEO
Kurt Ostrem
Mr. Kurt Ostrem is Chief Executive Officer of Zaptec ASA from February 22, 2024. He Served as Acting Chief Executive Officer at Zaptec ASA from October 02, 2023 until March 2024 and had been its Chief Fina...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.8yrs | NOK 5.03m | 1.47% € 5.3m | |
| Deputy CEO & CFO | 2.4yrs | NOK 3.06m | 0.26% € 939.8k | |
| Chief Technology Officer | 8.5yrs | NOK 3.10m | no data | |
| Chief People & Culture Officer | 3.5yrs | NOK 1.79m | no data | |
| Chief Commercial Officer | less than a year | NOK 4.49m | no data | |
| Chief Supply Chain Officer | 1.5yrs | NOK 1.56m | no data |
Experienced Management: 6I4's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 5.8yrs | NOK 855.00k | 0.11% € 415.9k | |
| Chairperson | 3.8yrs | NOK 595.00k | no data | |
| Board Member | 2yrs | NOK 295.00k | no data | |
| Board Member | 2yrs | NOK 300.00k | 0.026% € 95.6k | |
| Deputy Chair | 1.1yrs | no data | no data | |
| Director | less than a year | no data | no data |
Experienced Board: 6I4's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/22 18:12 |
| End of Day Share Price | 2026/07/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
|
* 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
Zaptec ASA is covered by 6 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 |
| Carl Jørgen Flaen | Pareto Securities |
| Marcus Gavelli | Pareto Securities |