Arribatec Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ole Kjolvik

Chief executive officer

NOK 1.8m

Total compensation

CEO salary percentage84.7%
CEO tenureno data
CEO ownership0.008%
Management average tenure2.3yrs
Board average tenure1.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ole Kjolvik's remuneration changed compared to Arribatec Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

-NOK 83m

Sep 30 2024n/an/a

-NOK 45m

Jun 30 2024n/an/a

-NOK 33m

Mar 31 2024n/an/a

-NOK 26m

Dec 31 2023NOK 2mNOK 2m

-NOK 23m

Sep 30 2023n/an/a

-NOK 40m

Jun 30 2023n/an/a

-NOK 54m

Mar 31 2023n/an/a

-NOK 70m

Dec 31 2022NOK 2mNOK 2m

-NOK 83m

Sep 30 2022n/an/a

-NOK 79m

Jun 30 2022n/an/a

-NOK 82m

Mar 31 2022n/an/a

-NOK 69m

Dec 31 2021NOK 2mNOK 125k

-NOK 49m

Compensation vs Market: Ole's total compensation ($USD172.26K) is below average for companies of similar size in the German market ($USD486.98K).

Compensation vs Earnings: Ole's compensation has increased whilst the company is unprofitable.


CEO

Ole Kjolvik

no data

Tenure

NOK 1,841,000

Compensation

Ole Jakob Kjolvik was Chief Operating Officer of Arribatec Group ASA (formerly known as Arribatec AS) and serves as its Executive Vice President of EA & BPM at Arribatec Group ASA from 2024. Ole Jakob Kjol...


Leadership Team

NamePositionTenureCompensationOwnership
Ole Kjolvik
Interim Chief Executive Officerno dataNOK 1.84m0.0079%
€ 1.1k
Bente Brocks
Group Chief Accountant4yrsNOK 1.91mno data
Erik Sundet
CTO & Executive VP of Cloud2.3yrsNOK 1.40mno data
Solfrid Buo
Chief People & Organisation Officer2.3yrsNOK 1.65mno data
Per Stav
Co-Founder & Chief Commercial Officerno dataNOK 3.34mno data
Tom Vandezande
Executive Vice President of Business Servicesno datano datano data
Alexander Richter
Executive Vice President of Hospitalityno datano datano data
Agostino Fiorentino
Executive Vice President of Marine3yrsno datano data

2.3yrs

Average Tenure

Experienced Management: B7Z0's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kristin Hellebust
Director4.4yrsNOK 248.00k0.0047%
€ 638.9
Linn Hoie
Director2.6yrsNOK 215.00kno data
Terje Mjos
Directorno dataNOK 152.00k4.92%
€ 662.9k
Henrik Christensen
Directorless than a yearno data2.61%
€ 351.3k
Hakon Fure
Chairman of the Boardless than a yearno data6.39%
€ 860.8k

1.4yrs

Average Tenure

Experienced Board: B7Z0's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/13 05:24
End of Day Share Price 2025/03/13 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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

Arribatec Group 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.

AnalystInstitution
Kristian StøleCarnegie Investment Bank AB