Sats ASA

DB:2S0 Stock Report

Market Cap: €599.5m

Sats Management

Management criteria checks 3/4

Sats' CEO is Sondre Gravir, appointed in Jan 2018, has a tenure of 7.83 years. total yearly compensation is NOK11.60M, comprised of 52.4% salary and 47.6% bonuses, including company stock and options. directly owns 0.62% of the company’s shares, worth €3.72M. The average tenure of the management team and the board of directors is 2.4 years and 2.8 years respectively.

Key information

Sondre Gravir

Chief executive officer

NOK 11.6m

Total compensation

CEO salary percentage52.41%
CEO tenure7.8yrs
CEO ownership0.6%
Management average tenure2.4yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sondre Gravir's remuneration changed compared to Sats's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

NOK 429m

Jun 30 2025n/an/a

NOK 402m

Mar 31 2025n/an/a

NOK 343m

Dec 31 2024NOK 12mNOK 6m

NOK 326m

Sep 30 2024n/an/a

NOK 285m

Jun 30 2024n/an/a

NOK 246m

Mar 31 2024n/an/a

NOK 238m

Dec 31 2023NOK 14mNOK 7m

NOK 224m

Sep 30 2023n/an/a

NOK 39m

Jun 30 2023n/an/a

-NOK 45m

Mar 31 2023n/an/a

-NOK 127m

Dec 31 2022NOK 17mNOK 5m

-NOK 246m

Sep 30 2022n/an/a

-NOK 162m

Jun 30 2022n/an/a

-NOK 112m

Mar 31 2022n/an/a

-NOK 287m

Dec 31 2021NOK 7mNOK 6m

-NOK 452m

Sep 30 2021n/an/a

-NOK 481m

Jun 30 2021n/an/a

-NOK 497m

Mar 31 2021n/an/a

-NOK 449m

Dec 31 2020NOK 8mNOK 6m

-NOK 325m

Compensation vs Market: Sondre's total compensation ($USD1.14M) is about average for companies of similar size in the German market ($USD1.49M).

Compensation vs Earnings: Sondre's compensation has been consistent with company performance over the past year.


CEO

Sondre Gravir (48 yo)

7.8yrs
Tenure
NOK 11,601,000
Compensation

Mr. Sondre Gravir serves as Chief Executive Officer at SATS Group AS since 2018. Mr. Gravir serves as Chief Executive Officer at Sats ASA. He served as CEO of Schibsted Marketplaces from 2017 to October 20...


Leadership Team

NamePositionTenureCompensationOwnership
Sondre Gravir
Chief Executive Officer7.8yrsNOK 11.60m0.62%
€ 3.7m
Cecilie Elde
Chief Financial Officer9.8yrsNOK 5.80m0.62%
€ 3.7m
Wenche Evertsen
Country Manager of Norwayno dataNOK 3.34m0.14%
€ 811.5k
Karolina Gutke
Country Manager of Sweden2yrsNOK 5.85m0.056%
€ 336.7k
Torodd Goystdal
Chief People & Operations Officer3.8yrsno datano data
Stine Klund
IR Manager1.8yrsno datano data
Mia Hanusek
Chief Marketing & Communication Officer1.8yrsno datano data
Gaute Sandal
Chief Digital Officer2.8yrsno data0.22%
€ 1.3m
Ellen Vanberg
Chief Product Officer1.8yrsno data0.0040%
€ 23.8k
2.4yrs
Average Tenure
48yo
Average Age

Experienced Management: 2S0's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hugo Maurstad
Chairman of the Boardno dataNOK 616.00k2.6%
€ 15.6m
Maria Tallaksen
Director2.8yrsNOK 385.00k0.011%
€ 64.7k
Martin Tivéus
Independent Director4.5yrsNOK 413.00k0.0081%
€ 48.8k
Lisa Birgitta Aberg
Independent Director2.8yrsNOK 380.00k0.0091%
€ 54.4k
Andreas Holm
Independent Director2.8yrsNOK 330.00kno data
Anita Gullstedt
Employee Representative Director1.8yrsno data0.0013%
€ 8.0k
Carl Thorsson
Employee Representative Director1.8yrsno datano data
Helena Tahkola
Employee Representative Deputy Directorno datano datano data
Hermon Melles
Employee Representative Deputy Directorno datano datano data
2.8yrs
Average Tenure
55yo
Average Age

Experienced Board: 2S0's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 08:07
End of Day Share Price 2025/11/19 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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

Sats ASA is covered by 8 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
Tomas HelgoDanske Bank
Ole WestgaardDNB Carnegie