Solstad Offshore ASA

BST:SZL Stock Report

Market Cap: €283.8m

Solstad Offshore Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Lars Solstad

Chief executive officer

NOK 7.7m

Total compensation

CEO salary percentage75.7%
CEO tenureno data
CEO ownership10.0%
Management average tenure9.2yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lars Solstad's remuneration changed compared to Solstad Offshore's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

NOK 365m

Sep 30 2023n/an/a

NOK 59m

Jun 30 2023n/an/a

-NOK 242m

Mar 31 2023n/an/a

-NOK 715m

Dec 31 2022NOK 8mNOK 6m

-NOK 1b

Sep 30 2022n/an/a

-NOK 1b

Jun 30 2022n/an/a

-NOK 989m

Mar 31 2022n/an/a

-NOK 940m

Dec 31 2021NOK 7mNOK 5m

-NOK 1b

Sep 30 2021n/an/a

NOK 11b

Jun 30 2021n/an/a

NOK 10b

Mar 31 2021n/an/a

NOK 9b

Dec 31 2020NOK 5mNOK 2m

NOK 7b

Sep 30 2020n/an/a

-NOK 5b

Jun 30 2020n/an/a

-NOK 5b

Mar 31 2020n/an/a

-NOK 5b

Dec 31 2019NOK 3mNOK 2m

-NOK 3b

Sep 30 2019n/an/a

-NOK 5b

Jun 30 2019n/an/a

-NOK 5b

Mar 31 2019n/an/a

-NOK 6b

Dec 31 2018NOK 2mNOK 2m

-NOK 6b

Sep 30 2018n/an/a

-NOK 4b

Jun 30 2018n/an/a

-NOK 3b

Mar 31 2018n/an/a

-NOK 678m

Dec 31 2017NOK 3mNOK 2m

-NOK 314m

Compensation vs Market: Lars's total compensation ($USD703.82K) is about average for companies of similar size in the German market ($USD986.47K).

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

CEO

Lars Solstad

no data

Tenure

NOK 7,684,000

Compensation

Mr. Lars Peder Solstad serves as Chief Executive Officer of Solstad Offshore ASA and has been its Managing Director since 2002.

Leadership Team

NamePositionTenureCompensationOwnership
Lars Solstad
CEO & MDno dataNOK 7.68m10%
€ 28.4m
Kjetil Ramstad
Chief Financial Officer3.8yrsNOK 3.84mno data
Tor Tveit
Chief Operating Officer3.3yrsNOK 3.25mno data
Jostein Fjelland
Accounting Manager26.5yrsno datano data
Olaug Hillesland
Administration & Communication Directorno datano datano data
Per Stange
Human Resources Director14.6yrsno datano data
Hans Skar
Chief Commercial Officerno dataNOK 2.72mno data
Leif Stave
Controllerno datano datano data

9.2yrs

Average Tenure

Experienced Management: SZL's management team is seasoned and experienced (9.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Frank Reite
Independent Director7.8yrsNOK 419.00k0.43%
€ 1.2m
Ellen Solstad
Independent Director4.3yrsNOK 309.00kno data
Harald Espedal
Independent Chairman of the Board5.9yrsNOK 592.00k0.80%
€ 2.3m
Peder Sortland
Independent Director3.5yrsNOK 441.00kno data
Ingrid Kylstad
Independent Director3.5yrsNOK 392.00kno data

4.3yrs

Average Tenure

51yo

Average Age

Experienced Board: SZL's board of directors are considered experienced (4.3 years average tenure).