Moreld Management
Management criteria checks 3/4
Moreld's CEO is Geir Austigard, appointed in Jan 2020, has a tenure of 6.33 years. total yearly compensation is NOK9.81M, comprised of 55.7% salary and 44.3% bonuses, including company stock and options. directly owns 2.72% of the company’s shares, worth €8.66M. The average tenure of the management team and the board of directors is 3.5 years and 2.3 years respectively.
Key information
Geir Austigard
Chief executive officer
NOK 9.8m
Total compensation
| CEO salary percentage | 55.73% |
| CEO tenure | 6.3yrs |
| CEO ownership | 2.7% |
| Management average tenure | 3.5yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | NOK 10m | NOK 5m | NOK 285m |
| Sep 30 2025 | n/a | n/a | -NOK 392m |
| Jun 30 2025 | n/a | n/a | -NOK 405m |
| Mar 31 2025 | n/a | n/a | -NOK 788m |
| Dec 31 2024 | NOK 12m | NOK 5m | -NOK 883m |
| Dec 31 2023 | NOK 5m | NOK 386k | -NOK 127m |
Compensation vs Market: Geir's total compensation ($USD1.06M) is about average for companies of similar size in the German market ($USD1.05M).
Compensation vs Earnings: Geir's compensation has been consistent with company performance over the past year.
CEO
Geir Austigard (57 yo)
Mr. Geir Austigard has been the Chief Executive Officer of Moreld ASA since 2020. Mr. Austigard is Group Chief Executive Officer of Moreld AS from 2025. Mr. Austigard served as the Chief Executive Officer...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 6.3yrs | NOK 9.81m | 2.72% € 8.7m | |
| Chief Financial Officer | 3.3yrs | NOK 7.29m | 1.39% € 4.4m | |
| Chief Executive Officer of Moreld Apply | no data | NOK 5.53m | 0.55% € 1.8m | |
| Chief Executive Officer of Global Maritime | no data | NOK 3.99m | 0.16% € 499.3k | |
| Chief Executive Officer of Ocean Installer | 3.5yrs | NOK 11.02m | 1.55% € 4.9m | |
| EVP of Ross Offshore | no data | no data | 0.19% € 608.9k |
Experienced Management: C28's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.3yrs | NOK 512.00k | 0.20% € 624.1k | |
| Chairman of the Board | 2.3yrs | NOK 512.00k | no data | |
| Director | 2.3yrs | NOK 512.00k | no data | |
| Independent Director | 1yr | NOK 297.00k | no data | |
| Independent Director | 1yr | NOK 297.00k | no data |
Experienced Board: C28's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/02 08:24 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2025/12/31 |
| 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 |
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| 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
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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
Moreld ASA is covered by 3 analysts. 2 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 |
|---|---|
| Magnus Andersen | Fearnley Securities |
| Børge Bakke | Fearnley Securities |
| Bård Rosef | Pareto Securities |