Norske Skog ASA

DB:0BQ Stock Report

Market Cap: €168.9m

Norske Skog Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Geir Drangsland

Chief executive officer

NOK 3.1m

Total compensation

CEO salary percentage60.7%
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenure1.2yrs
Board average tenure2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Geir Drangsland's remuneration changed compared to Norske Skog's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 246m

Jun 30 2024n/an/a

NOK 533m

Mar 31 2024n/an/a

NOK 334m

Dec 31 2023NOK 3mNOK 2m

NOK 481m

Compensation vs Market: Geir's total compensation ($USD268.83K) is below average for companies of similar size in the German market ($USD889.64K).

Compensation vs Earnings: Insufficient data to compare Geir's compensation with company performance.

CEO

Geir Drangsland (62 yo)

1.3yrs

Tenure

NOK 3,053,000

Compensation

Mr. Geir Olav Drangsland serves as Chief Executive Officer at Norske Skog ASA since September 01, 2023. He was Chairperson at Norske Skog ASA since March 9, 2023 until September 01, 2023. He served as the...

Leadership Team

NamePositionTenureCompensationOwnership
Geir Drangsland
Chief Executive Officer1.3yrsNOK 3.05mno data
Robert Wood
Senior Vice President of Commercial6.9yrsNOK 5.65m0.0062%
€ 10.5k
Tord Torvund
Chief Financial Officerless than a yearno data0.013%
€ 21.9k
Even Lund
Vice President of Corporate Financeless than a yearno datano data
Einar Blaauw
Senior VP & General Counselless than a yearno datano data
Carsten Dybevig
Vice President of Corporate Communication & Public Affairsno datano datano data
Yves Bailly
Managing Director of Golbeyno datano datano data
Mari Mogen
Head of Sustainability3yrsno datano data

1.2yrs

Average Tenure

53yo

Average Age

Experienced Management: 0BQ's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Tone Wille
Directorless than a yearno datano data
Trine-Marie Hagen
Independent Director5.3yrsNOK 383.00kno data
Arvid Grundekjon
Independent Chair of the Board6.3yrsNOK 570.00k0.12%
€ 202.3k
Christoffer Bull
Independent Director1.8yrsno datano data
Terje Sagbakken
Directorless than a yearno datano data
Tore Oestensvig
Board Observer3yrsno datano data
Asbjorn Dypdahl
Board Observer2yrsno datano data

2.0yrs

Average Tenure

51yo

Average Age

Experienced Board: 0BQ's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 13:35
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Norske Skog ASA is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Johannes GrunseliusDNB Markets
Kenneth SivertsenPareto Securities