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Hiddn Solutions

DB:B7Z
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
B7Z
DB
NOK98M
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Hiddn Solutions ASA, through its subsidiaries, engages in the research, development, manufacture, commercialization, and sale of hardware-based encryption products to military, government, and large institutions in Norway, the Netherlands, and internationally. The last earnings update was 56 days ago. More info.


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  • Hiddn Solutions has significant price volatility in the past 3 months.
B7Z Share Price and Events
7 Day Returns
-3.4%
DB:B7Z
1.3%
DE Tech
0.8%
DE Market
1 Year Returns
-58.9%
DB:B7Z
3.3%
DE Tech
-4.5%
DE Market
B7Z Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hiddn Solutions (B7Z) -3.4% -13.1% -34.4% -58.9% - -
DE Tech 1.3% 7.4% 11.5% 3.3% 70.2% 113.6%
DE Market 0.8% 6.9% 8.1% -4.5% 10.4% 13.9%
1 Year Return vs Industry and Market
  • B7Z underperformed the Tech industry which returned 3.3% over the past year.
  • B7Z underperformed the Market in Germany which returned -4.5% over the past year.
Price Volatility
B7Z
Industry
5yr Volatility vs Market

Value

 Is Hiddn Solutions undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Hiddn Solutions. This is due to cash flow or dividend data being unavailable. The share price is €0.086.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hiddn Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hiddn Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:B7Z PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in NOK NOK-0.45
OB:HIDDN Share Price ** OB (2019-04-25) in NOK NOK0.84
Europe Tech Industry PE Ratio Median Figure of 22 Publicly-Listed Tech Companies 13.17x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 20.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hiddn Solutions.

DB:B7Z PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:HIDDN Share Price ÷ EPS (both in NOK)

= 0.84 ÷ -0.45

-1.87x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hiddn Solutions is loss making, we can't compare its value to the Europe Tech industry average.
  • Hiddn Solutions is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Hiddn Solutions's expected growth come at a high price?
Raw Data
DB:B7Z PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.87x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Tech Industry PEG Ratio Median Figure of 12 Publicly-Listed Tech Companies 0.87x
Germany Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Hiddn Solutions, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hiddn Solutions's assets?
Raw Data
DB:B7Z PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in NOK NOK0.06
OB:HIDDN Share Price * OB (2019-04-25) in NOK NOK0.84
Europe Tech Industry PB Ratio Median Figure of 30 Publicly-Listed Tech Companies 1.28x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
DB:B7Z PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:HIDDN Share Price ÷ Book Value per Share (both in NOK)

= 0.84 ÷ 0.06

13.02x

* Primary Listing of Hiddn Solutions.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hiddn Solutions is overvalued based on assets compared to the Europe Tech industry average.
X
Value checks
We assess Hiddn Solutions's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. Hiddn Solutions has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Hiddn Solutions expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hiddn Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.7%
Expected Tech industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hiddn Solutions expected to grow at an attractive rate?
  • Unable to compare Hiddn Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Hiddn Solutions's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Hiddn Solutions's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:B7Z Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Tech Industry Earnings Growth Rate Market Cap Weighted Average 14.7%
Europe Tech Industry Revenue Growth Rate Market Cap Weighted Average 7.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:B7Z Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in NOK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:B7Z Past Financials Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income *
2018-12-31 22 -39 -39
2018-09-30 21 -46 -42
2018-06-30 22 -46 -45
2018-03-31 18 -51 -45
2017-12-31 14 -55 -47
2017-09-30 9 -48 -65
2017-06-30 5 -40 -58
2017-03-31 4 -32 -51
2016-12-31 4 -19 -42

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Hiddn Solutions is high growth as no earnings estimate data is available.
  • Unable to determine if Hiddn Solutions is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:B7Z Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Hiddn Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:B7Z Past Financials Data
Date (Data in NOK Millions) EPS *
2018-12-31 -0.45
2018-09-30 -0.52
2018-06-30 -0.59
2018-03-31 -0.65
2017-12-31 -0.76
2017-09-30 -1.22
2017-06-30 -1.30
2017-03-31 -1.38
2016-12-31 -1.26

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hiddn Solutions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of B7Z’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Hiddn Solutions's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. Hiddn Solutions's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Hiddn Solutions's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hiddn Solutions has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Hiddn Solutions performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hiddn Solutions's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hiddn Solutions does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Hiddn Solutions's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Hiddn Solutions's 1-year growth to the Europe Tech industry average as it is not currently profitable.
Earnings and Revenue History
Hiddn Solutions's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hiddn Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:B7Z Past Revenue, Cash Flow and Net Income Data
Date (Data in NOK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 22.46 -39.22 27.80
2018-09-30 20.65 -41.85 29.80
2018-06-30 21.53 -44.69 29.43
2018-03-31 18.50 -45.40 26.39
2017-12-31 13.86 -47.49 20.96
2017-09-30 9.03 -65.41 15.48
2017-06-30 5.12 -58.23 11.50
2017-03-31 4.35 -50.57 9.92
2016-12-31 3.80 -41.98 9.80
2015-12-31 3.24 -18.48 5.63

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Hiddn Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Hiddn Solutions has efficiently used its assets last year compared to the Europe Tech industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Hiddn Solutions improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Hiddn Solutions's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hiddn Solutions has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Hiddn Solutions's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hiddn Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hiddn Solutions's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Hiddn Solutions has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hiddn Solutions's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hiddn Solutions Company Filings, last reported 3 months ago.

DB:B7Z Past Debt and Equity Data
Date (Data in NOK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 5.92 9.70 1.31
2018-09-30 12.07 7.28 2.40
2018-06-30 20.50 7.51 13.37
2018-03-31 5.73 17.74 8.81
2017-12-31 16.54 10.27 11.95
2017-09-30 11.18 8.21 9.43
2017-06-30 24.57 8.45 22.68
2017-03-31 24.79 9.51 39.18
2016-12-31 -25.33 20.41 2.35
2015-12-31 -0.09 1.86 1.74
  • Hiddn Solutions's level of debt (163.9%) compared to net worth is high (greater than 40%).
  • Unable to establish if Hiddn Solutions's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Hiddn Solutions has less than a year of cash runway based on current free cash flow.
  • Hiddn Solutions has less than a year of cash runway if free cash flow continues to grow at historical rates of 24% each year.
X
Financial health checks
We assess Hiddn Solutions's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hiddn Solutions has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Hiddn Solutions's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Hiddn Solutions dividends.
If you bought €2,000 of Hiddn Solutions shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Hiddn Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hiddn Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:B7Z Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Tech Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 1.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Hiddn Solutions has not reported any payouts.
  • Unable to verify if Hiddn Solutions's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hiddn Solutions's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hiddn Solutions has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Hiddn Solutions's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hiddn Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hiddn Solutions has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Hiddn Solutions's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Carl Wollebekk
COMPENSATION NOK1,921,000
AGE 55
TENURE AS CEO 1.8 years
CEO Bio

Mr. Carl Espen Wollebekk has been the Chief Executive Officer of Hiddn Solutions ASA since June 1, 2017. Mr. Wollebekk has been Chief Executive Officer of Orion Securities ASA, since October 2007. Mr. Wollebekk serves as Chief Executive Officer of Kitron ASA. He is the Owner Wollebekk Gruppen AS. He serves as Chief Financial Officer of Comma Data Service AS and has huge experience in banking, finance and IT. He founded Formentor AS and served as its President. Mr. Wollebekk served as Chief Executive Officer of O-Mass AS. He served as Chief Financial Officer of Norsk Data AS and Tandberg Data Norge AS. He served as Chief Executive Officer and Chief Financial Officer of Ementor (formerly Merkantildata ASA). He serves as Chairman of Axcess AS (Denmark), CamSolutions AS and Inndevelop Aps. He served as Chairman of Scribona AB (Sweden) and Kitron ASA. Mr. Wollebekk serves as Director of Innerloop AS and Topnordic AS. He serves as Director of PSI Group ASA and Websales AS (Denmark). He served as a Director of Catella AB (publ) (also known as Scribona AB) from 2001 to December 2005. He served as Director of Kitron ASA. He served as Director of Atea ASA (Ementor ASA) since March 2006. He served as Director of international small cap, since March 2006. He served as a Director of Norman ASA from May 2000 to 2004. He served as Director of Superoffice AS until October 17, 2007. He served as Director at Foinco Invest and PC LAN ASA. Mr. Wollebekk studied M.Sc in Economics and B.Sc from Copenhagen Business School and Master of Business Administration from Schiller International University in London.

CEO Compensation
  • Insufficient data for Carl to compare compensation growth.
  • Carl's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Hiddn Solutions management team in years:

1.5
Average Tenure
  • The average tenure for the Hiddn Solutions management team is less than 2 years, this suggests a new team.
Management Team

Carl Wollebekk

TITLE
Chief Executive Officer
COMPENSATION
NOK2M
AGE
55
TENURE
1.8 yrs

Hege Anfindsen

TITLE
Chief Financial Officer
COMPENSATION
NOK50K
TENURE
1.3 yrs

Atle Haga

TITLE
Chief Technology Officer
COMPENSATION
NOK1M
TENURE
6.9 yrs

Hans-Willy Flisnes

TITLE
Sales & Marketing Director
COMPENSATION
NOK1M
TENURE
1.2 yrs

Jørgen Waaler

TITLE
Senior VP for Partner Sales
AGE
61
TENURE
0.4 yrs

Erik Solhjell

TITLE
Managing Director of Hiddn Security AS
TENURE
2.2 yrs
Board of Directors Tenure

Average tenure and age of the Hiddn Solutions board of directors in years:

1.8
Average Tenure
49
Average Age
  • The average tenure for the Hiddn Solutions board of directors is less than 3 years, this suggests a new board.
Board of Directors

Øystein Tvenge

TITLE
Chairman
COMPENSATION
NOK382K
TENURE
2.3 yrs

Kjell Grandhagen

TITLE
Member of Advisory Board

Petter Gottschalk

TITLE
Member of Advisory Board

Ola Tronrud

TITLE
Member of Advisory Board

Ove Larsen

TITLE
Director
COMPENSATION
NOK23K

Truls Foss

TITLE
Director
COMPENSATION
NOK17K

Jan Opsahl

TITLE
Director
COMPENSATION
NOK125K
AGE
69
TENURE
1.8 yrs

Jeanette Kvisvik

TITLE
Director
COMPENSATION
NOK128K
AGE
46
TENURE
1.8 yrs

Svein Willassen

TITLE
Director & Member of Advisory Board
COMPENSATION
NOK128K
AGE
44
TENURE
1.8 yrs

Siw Ødegaard

TITLE
Director
AGE
52
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
24. Sep 18 Buy Carl Wollebekk Individual 24. Sep 18 24. Sep 18 500,000 €0.18 €88,726
X
Management checks
We assess Hiddn Solutions's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hiddn Solutions has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Hiddn Solutions ASA, through its subsidiaries, engages in the research, development, manufacture, commercialization, and sale of hardware-based encryption products to military, government, and large institutions in Norway, the Netherlands, and internationally. The company’s patented data encryption platform secures data at rest on laptops, hard disks, USB flash sticks, and other storage media. Its product suite consists of an Hiddn encrypted internal hard drive to safeguard information, data, and applications on a laptop; an Hiddn USB flash stick (coCrypt), a USB storage device that balances military grade security; and a Hiddn Key Management System for smart cards with encryption keys. Hiddn Solutions ASA was founded in 1998 and is headquartered in Oslo, Norway.

Details
Name: Hiddn Solutions ASA
B7Z
Exchange: DB
Founded: 1998
NOK10,175,997
115,587,501
Website: http://hiddn.no
Address: Hiddn Solutions ASA
Nedre Vollgate 4,
Oslo,
Oslo, 0158,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB HIDDN Ordinary Shares Oslo Bors NO NOK 30. Dec 2016
DB B7Z Ordinary Shares Deutsche Boerse AG DE EUR 30. Dec 2016
Number of employees
Current staff
Staff numbers
27
Hiddn Solutions employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 22:55
End of day share price update: 2019/04/25 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.