OKEA Management
Management criteria checks 3/4
OKEA's CEO is Svein Liknes, appointed in Jun 2021, has a tenure of 4.58 years. total yearly compensation is $820.33K, comprised of 68.2% salary and 31.8% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth €404.74K. The average tenure of the management team and the board of directors is 4.6 years and 2.7 years respectively.
Key information
Svein Liknes
Chief executive officer
US$820.3k
Total compensation
| CEO salary percentage | 68.21% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.6yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | -US$28m |
| Jun 30 2025 | n/a | n/a | US$35m |
| Mar 31 2025 | n/a | n/a | US$62m |
| Dec 31 2024 | US$820k | US$560k | US$34m |
| Sep 30 2024 | n/a | n/a | -US$91m |
| Jun 30 2024 | n/a | n/a | -US$112m |
| Mar 31 2024 | n/a | n/a | -US$112m |
| Dec 31 2023 | US$854k | US$552k | -US$92m |
| Sep 30 2023 | n/a | n/a | US$61m |
| Jun 30 2023 | n/a | n/a | US$67m |
| Mar 31 2023 | n/a | n/a | US$65m |
| Dec 31 2022 | US$963k | US$465k | US$68m |
| Sep 30 2022 | n/a | n/a | US$58m |
| Jun 30 2022 | n/a | n/a | US$63m |
| Mar 31 2022 | n/a | n/a | US$90m |
| Dec 31 2021 | US$753k | US$266k | US$68m |
Compensation vs Market: Svein's total compensation ($USD820.33K) is about average for companies of similar size in the German market ($USD824.01K).
Compensation vs Earnings: Svein's compensation has been consistent with company performance over the past year.
CEO
Svein Liknes (53 yo)
Mr. Svein Jacob Liknes has been Chief Executive Officer at OKEA ASA since June 01, 2021. Mr. Liknes was Senior Vice President, Operations and Asset Development until May 2019 and served as its Interim Head...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.6yrs | US$820.33k | 0.21% € 404.7k | |
| Chief Financial Officer | 5.8yrs | US$491.11k | 0.16% € 308.5k | |
| Senior Vice President of Operations | no data | US$464.32k | 0.11% € 220.4k | |
| Senior Vice President of Project & Technology | 5.8yrs | US$486.98k | 0.18% € 341.0k | |
| Vice President of Legal | 6yrs | US$289.96k | 0.12% € 235.1k | |
| Senior Vice President of Subsurface | 2.3yrs | US$367.25k | 0.077% € 148.8k | |
| Senior Vice President of Special Projects | no data | US$409.33k | 0.20% € 380.2k | |
| Senior Vice President of Corporate Services | 3.6yrs | US$385.00k | 0.17% € 328.3k | |
| Senior Vice President of Strategy | 6.3yrs | US$425.67k | 0.25% € 485.8k | |
| Senior Vice President of Drilling & Wells | 3.2yrs | US$398.70k | 0.015% € 28.7k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP of Performance | 1yr | no data | no data |
Experienced Management: 3SX's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-executive Director | 6.8yrs | US$69.39k | 0.027% € 52.4k | |
| Director | less than a year | no data | no data | |
| Non-executive Chairman of the Board | 6.8yrs | US$101.81k | 0.059% € 113.6k | |
| Independent Non-executive Director | 6.8yrs | US$84.85k | 0.027% € 52.4k | |
| Non-Executive Vice Chair of the Board | 7.2yrs | US$85.20k | 0.027% € 52.4k | |
| Employee Representative Director | 2.7yrs | US$38.65k | 0.11% € 214.6k | |
| Director | 2.7yrs | US$67.28k | 0.0056% € 10.8k | |
| Independent Non-Executive Director | 2.7yrs | US$74.14k | 0.0081% € 15.7k | |
| Independent Non-Executive Director | 2.7yrs | US$81.51k | 0.0056% € 10.8k | |
| Employee Representative Director | 2.7yrs | US$44.97k | 0.049% € 95.9k | |
| Director | less than a year | US$37.95k | 0.032% € 62.0k | |
| Director | less than a year | no data | no data |
Experienced Board: 3SX's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/09 10:19 |
| End of Day Share Price | 2026/01/09 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
OKEA ASA is covered by 6 analysts. 4 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 |
| Jørgen Lande | Danske Bank |
| Vidar Lyngvær | Danske Bank |