Norwegian Air Shuttle ASA

DB:NWC Stock Report

Market Cap: €899.3m

Norwegian Air Shuttle Management

Management criteria checks 3/4

Norwegian Air Shuttle's CEO is Geir Karlsen, appointed in Jun 2021, has a tenure of 3.5 years. total yearly compensation is NOK9.34M, comprised of 59.6% salary and 40.4% bonuses, including company stock and options. directly owns 0.068% of the company’s shares, worth €607.83K. The average tenure of the management team and the board of directors is 3.2 years and 3.2 years respectively.

Key information

Geir Karlsen

Chief executive officer

NOK 9.3m

Total compensation

CEO salary percentage59.6%
CEO tenure3.5yrs
CEO ownership0.07%
Management average tenure3.2yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Geir Karlsen's remuneration changed compared to Norwegian Air Shuttle's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 2b

Jun 30 2024n/an/a

NOK 2b

Mar 31 2024n/an/a

NOK 2b

Dec 31 2023NOK 9mNOK 6m

NOK 2b

Sep 30 2023n/an/a

NOK 1b

Jun 30 2023n/an/a

NOK 219m

Mar 31 2023n/an/a

NOK 943m

Dec 31 2022NOK 6mNOK 6m

NOK 920m

Sep 30 2022n/an/a

NOK 1b

Jun 30 2022n/an/a

NOK 428m

Mar 31 2022n/an/a

NOK 2b

Dec 31 2021NOK 16mNOK 5m

NOK 2b

Sep 30 2021n/an/a

-NOK 15b

Jun 30 2021n/an/a

-NOK 16b

Mar 31 2021n/an/a

-NOK 22b

Dec 31 2020NOK 10mNOK 5m

-NOK 23b

Sep 30 2020n/an/a

-NOK 8b

Jun 30 2020n/an/a

-NOK 6b

Mar 31 2020n/an/a

-NOK 3b

Dec 31 2019NOK 12mNOK 7m

-NOK 2b

Sep 30 2019n/an/a

-NOK 3b

Jun 30 2019n/an/a

-NOK 3b

Mar 31 2019n/an/a

-NOK 3b

Dec 31 2018NOK 3mNOK 2m

-NOK 1b

Compensation vs Market: Geir's total compensation ($USD823.91K) is below average for companies of similar size in the German market ($USD1.46M).

Compensation vs Earnings: Geir's compensation has increased by more than 20% in the past year.

CEO

Geir Karlsen (59 yo)

3.5yrs

Tenure

NOK 9,339,000

Compensation

Mr. Geir Magne Karlsen serves as Chief Executive Officer in Norwegian Air Shuttle ASA since June 21, 2021. He had been Chief Financial Officer of Norwegian Air Shuttle ASA since April 2018 until June 2021...

Leadership Team

NamePositionTenureCompensationOwnership
Geir Karlsen
Chief Executive Officer3.5yrsNOK 9.34m0.068%
€ 607.8k
Hans-Joergen Wibstad
Chief Financial Officer2.6yrsNOK 4.57m0.0094%
€ 84.3k
Henrik Fjeld
Chief Operation Officerless than a yearNOK 1.71mno data
Anne-Sissel Skanvik
Chief Communications & Public Affairs Officer15.9yrsNOK 3.13m0.0052%
€ 47.0k
Guro Poulsen
Chief People Officer4.5yrsNOK 3.39m0.018%
€ 164.9k
Knut Olav Irgens Hoeg
Chief IT & Business Services Officer4.8yrsNOK 3.84m0.025%
€ 225.5k
Magnus Maursund
Chief Commercial Officer3.2yrsNOK 3.65m0.00061%
€ 5.5k
Tore Jenssen
Chief Executive Officer of Widerøeless than a yearNOK 5.17mno data
Jesper Hatletveit
Vice President of Investor Relationsno datano datano data
Anders Fagernæs
Norwegian Head of Environmental Sustainabilityno datano datano data
Jeanette Bo-Alnes
Chief Performance Officerless than a yearno datano data

3.2yrs

Average Tenure

49yo

Average Age

Experienced Management: NWC's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Karina Deacon
Independent Directorless than a yearno data0.0010%
€ 9.4k
Lars Boilesen
Independent Director3.5yrsNOK 627.00k0.061%
€ 552.7k
Stephen Kavanagh
Independent Directorless than a yearno data0.00094%
€ 8.5k
Svein Oygard
Independent Chairman of Board3.5yrsNOK 1.13m0.20%
€ 1.8m
Katrine Gundersen
Employee Representative Director5.8yrsNOK 150.00k0.00046%
€ 4.1k
Eric Holm
Employee Representative Director5.8yrsNOK 150.00k0.00015%
€ 1.3k
Torstein Soland
Employee Representative Director2.9yrsNOK 150.00kno data
Katherine Sherry
Independent Director1.6yrsNOK 100.00k0.0039%
€ 34.9k

3.2yrs

Average Tenure

56yo

Average Age

Experienced Board: NWC's board of directors are considered experienced (3.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 19:25
End of Day Share Price 2024/12/30 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

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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

Norwegian Air Shuttle ASA is covered by 27 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Petter NyströmABG Sundal Collier
Kenneth SivertsenArctic Securities ASA
Andrew LobbenbergBarclays