We currently do not have sufficient information about the CEO.
Key information
Pal Larsen
Chief executive officer
NOK 3.8m
Total compensation
CEO salary percentage
75.41%
CEO tenure
6.9yrs
CEO ownership
0.5%
Management average tenure
no data
Board average tenure
3.9yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Pal Larsen's remuneration changed compared to Borgestad's earnings?
Date
Total Compensation
Salary
Company Earnings
Dec 31 2025
n/a
n/a
-NOK 2m
Sep 30 2025
n/a
n/a
NOK 14m
Jun 30 2025
n/a
n/a
NOK 7m
Mar 31 2025
n/a
n/a
NOK 30m
Dec 31 2024
NOK 4m
NOK 3m
NOK 45m
Sep 30 2024
n/a
n/a
NOK 31m
Jun 30 2024
n/a
n/a
-NOK 59m
Mar 31 2024
n/a
n/a
-NOK 74m
Dec 31 2023
NOK 3m
NOK 3m
-NOK 78m
Sep 30 2023
n/a
n/a
-NOK 165m
Jun 30 2023
n/a
n/a
-NOK 96m
Mar 31 2023
n/a
n/a
-NOK 112m
Dec 31 2022
NOK 4m
NOK 3m
-NOK 125m
Sep 30 2022
n/a
n/a
-NOK 20m
Jun 30 2022
n/a
n/a
-NOK 26m
Mar 31 2022
n/a
n/a
-NOK 23m
Dec 31 2021
NOK 3m
NOK 3m
-NOK 24m
Sep 30 2021
n/a
n/a
-NOK 204m
Jun 30 2021
n/a
n/a
-NOK 199m
Mar 31 2021
n/a
n/a
-NOK 169m
Dec 31 2020
NOK 3m
NOK 2m
-NOK 166m
Sep 30 2020
n/a
n/a
-NOK 42m
Jun 30 2020
n/a
n/a
-NOK 33m
Mar 31 2020
n/a
n/a
-NOK 64m
Dec 31 2019
NOK 2m
NOK 2m
-NOK 62m
Compensation vs Market: Pal's total compensation ($USD408.35K) is about average for companies of similar size in the German market ($USD450.22K).
Compensation vs Earnings: Pal's compensation has increased whilst the company is unprofitable.
CEO
Pal Larsen (42 yo)
6.9yrs
Tenure
NOK 3,757,000
Compensation
Mr. Pål Feen Larsen serves as Chief Executive Officer at Borgestad ASA since June 4, 2019 and was its Chief Financial Officer until March 2021. Mr. Larsen served as Chief Operating Officer at Borgestad ASA...
Board Members
Name
Position
Tenure
Compensation
Ownership
Wenche Kjolas
Independent Director
2.9yrs
NOK 318.00k
no data
Glen Rodland
Chairman
2.9yrs
NOK 654.00k
no data
Jacob Moller
Independent Director
17.3yrs
NOK 225.00k
no data
Helene Steen
Independent Director
3.9yrs
NOK 351.00k
no data
Jan Sivertsen
Independent Director
3.9yrs
NOK 351.00k
no data
3.9yrs
Average Tenure
53yo
Average Age
Experienced Board: H460's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/11 18:13
End of Day Share Price
2026/05/08 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.
* 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
Borgestad ASA is covered by 1 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.