Desert Control Management
Management criteria checks 2/4
Desert Control's CEO is Ole Sivertsen, appointed in Aug 2019, has a tenure of 5.33 years. total yearly compensation is NOK4.93M, comprised of 46.5% salary and 53.5% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth €53.92K. The average tenure of the management team and the board of directors is 1.6 years and 0.8 years respectively.
Key information
Ole Sivertsen
Chief executive officer
NOK 4.9m
Total compensation
| CEO salary percentage | 46.5% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.6yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -NOK 63m |
| Jun 30 2024 | n/a | n/a | -NOK 64m |
| Mar 31 2024 | n/a | n/a | -NOK 55m |
| Dec 31 2023 | NOK 5m | NOK 2m | -NOK 59m |
| Sep 30 2023 | n/a | n/a | -NOK 69m |
| Jun 30 2023 | n/a | n/a | -NOK 43m |
| Mar 31 2023 | n/a | n/a | -NOK 86m |
| Dec 31 2022 | NOK 10m | NOK 2m | -NOK 59m |
| Sep 30 2022 | n/a | n/a | -NOK 42m |
| Jun 30 2022 | n/a | n/a | -NOK 60m |
| Mar 31 2022 | n/a | n/a | -NOK 46m |
| Dec 31 2021 | NOK 3m | NOK 2m | -NOK 32m |
| Sep 30 2021 | n/a | n/a | -NOK 26m |
| Jun 30 2021 | n/a | n/a | -NOK 21m |
| Mar 31 2021 | n/a | n/a | -NOK 19m |
| Dec 31 2020 | NOK 2m | NOK 1m | -NOK 11m |
Compensation vs Market: Ole's total compensation ($USD434.34K) is about average for companies of similar size in the German market ($USD469.88K).
Compensation vs Earnings: Ole's compensation has been consistent with company performance over the past year.
CEO
Ole Sivertsen
5.3yrs
Tenure
NOK 4,932,000
Compensation
Mr. Ole Kristian Sivertsen served as Chief Executive Officer at Desert Control AS since August 2019 and was its Director and served as its President. He serves as its Group Chief Executive Officer at Deser...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 5.3yrs | NOK 4.93m | 0.22% € 53.9k | |
| Head of Middle East & Licensed Operations | 1.6yrs | NOK 2.22m | 0.00037% € 89.2 | |
| Chief Innovation Officer | 2.1yrs | NOK 763.00k | 0.019% € 4.7k | |
| Managing Director of Americas | 1.6yrs | NOK 2.46m | no data | |
| Executive Chairman | less than a year | no data | no data | |
| Interim Chief Financial Officer | 1.3yrs | no data | no data | |
| Vice President of Production Systems | no data | NOK 1.81m | no data |
1.6yrs
Average Tenure
Experienced Management: 8KT's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Director | no data | NOK 100.00k | no data | |
| Director | 2.5yrs | NOK 100.00k | no data | |
| Director | 1.2yrs | no data | 8.29% € 2.0m |
0.8yrs
Average Tenure
Experienced Board: 8KT's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 17:37 |
| End of Day Share Price | 2024/11/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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 here.
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 .
Analyst Sources
Desert Control AS is covered by 4 analysts. 1 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 Solheim | Fearnley Securities |
| Eva Christensen | Fearnley Securities |
| Lars Christensen | Fearnley Securities |