Elmera Group ASA

DB:1ZK Stock Report

Market Cap: €341.9m

Elmera Group Management

Management criteria checks 3/4

Elmera Group's CEO is Rolf Barmen, appointed in Jan 2013, has a tenure of 12.92 years. total yearly compensation is NOK6.14M, comprised of 60.4% salary and 39.6% bonuses, including company stock and options. directly owns 0.081% of the company’s shares, worth €278.51K. The average tenure of the management team and the board of directors is 3.3 years and 4.7 years respectively.

Key information

Rolf Barmen

Chief executive officer

NOK 6.1m

Total compensation

CEO salary percentage60.39%
CEO tenure12.9yrs
CEO ownership0.08%
Management average tenure3.3yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rolf Barmen's remuneration changed compared to Elmera Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

NOK 299m

Jun 30 2025n/an/a

NOK 294m

Mar 31 2025n/an/a

NOK 304m

Dec 31 2024NOK 6mNOK 4m

NOK 354m

Sep 30 2024n/an/a

NOK 236m

Jun 30 2024n/an/a

NOK 229m

Mar 31 2024n/an/a

NOK 201m

Dec 31 2023NOK 5mNOK 3m

NOK 192m

Sep 30 2023n/an/a

NOK 60m

Jun 30 2023n/an/a

NOK 7m

Mar 31 2023n/an/a

NOK 86m

Dec 31 2022NOK 5mNOK 3m

NOK 74m

Sep 30 2022n/an/a

NOK 120m

Jun 30 2022n/an/a

NOK 197m

Mar 31 2022n/an/a

NOK 207m

Dec 31 2021NOK 5mNOK 3m

NOK 257m

Sep 30 2021n/an/a

NOK 328m

Jun 30 2021n/an/a

NOK 347m

Mar 31 2021n/an/a

NOK 350m

Dec 31 2020NOK 5mNOK 3m

NOK 400m

Sep 30 2020n/an/a

NOK 452m

Jun 30 2020n/an/a

NOK 446m

Mar 31 2020n/an/a

NOK 419m

Dec 31 2019NOK 4mNOK 3m

NOK 370m

Sep 30 2019n/an/a

NOK 316m

Jun 30 2019n/an/a

NOK 308m

Mar 31 2019n/an/a

NOK 286m

Dec 31 2018NOK 4mNOK 3m

NOK 254m

Compensation vs Market: Rolf's total compensation ($USD606.91K) is below average for companies of similar size in the German market ($USD1.03M).

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

CEO

Rolf Barmen (61 yo)

12.9yrs
Tenure
NOK 6,135,000
Compensation

Mr. Rolf Barmen has been the Chief Executive Officer at Elmera Group ASA (formerly known as Fjordkraft Holding ASA) since 2013 and serves as its President. Mr. Barmen has been Chairman of Trondheim Kraft A...

Leadership Team

NamePositionTenureCompensationOwnership
Rolf Barmen
President & CEO12.9yrsNOK 6.14m0.081%
€ 278.5k
Henning Nordgulen
Executive VP & Group CFO3.2yrsNOK 3.65m0.064%
€ 218.9k
Kari Marvik
Executive VP & Chief Information Officer2yrsNOK 2.09mno data
Jeanne Tjomsland
Executive Vice-President of Peopleno dataNOK 2.41mno data
Arnstein Flaskerud
Executive VP2.2yrsNOK 2.84mno data
Solfrid Aase
Executive VP & Head of Service Companies8.9yrsNOK 2.37mno data
Roger Finnanger
Executive VP & Head of Business6.8yrsNOK 2.59m0.0092%
€ 31.5k
Solfrid Andersen
Executive VP and Head of Power Markets & Energy Supply2yrsNOK 2.43mno data
Per Heiberg-Andersen
Executive VP and Head of Nordic & Other End-User Companies5.1yrsNOK 2.26mno data
Magnar Oyhovden
Chief Executive Officer of Fjordkraft AS3.3yrsNOK 3.51mno data
Therese Sandnes
Chief Accountant Officerno datano datano data
Morten A. Opdal
Head of Group Accountingno datano datano data
3.3yrs
Average Tenure
56yo
Average Age

Experienced Management: 1ZK's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Steinar Sonsteby
Independent Chair7.8yrsNOK 635.00k0.021%
€ 71.1k
Live Bertha Aker
Independent Director7.8yrsNOK 468.00k0.0090%
€ 30.8k
Anne Steen
Director2.6yrsNOK 420.00k0.013%
€ 44.9k
Frank Okland
Employee Representative Director8yrsNOK 126.00k0.0018%
€ 6.1k
Heide Ose
Director6.6yrsNOK 420.00k0.0054%
€ 18.3k
Per Solbraa
Director4.7yrsNOK 364.00k0.0060%
€ 20.6k
Sondre Skar
Deputy Director4.7yrsno datano data
Hakon Remme
Deputy Director4.7yrsno datano data
Kim A. Nilsen
Deputy Director4.7yrsno datano data
Stian Madsen
Employee Representative Director2.5yrsNOK 126.00k0.0034%
€ 11.6k
Pia Tviberg
Employee Representative Directorless than a yearno data0.00088%
€ 3.0k
4.7yrs
Average Tenure
59yo
Average Age

Experienced Board: 1ZK's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/07 03:47
End of Day Share Price 2025/12/05 00:00
Earnings2025/09/30
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

Elmera Group ASA is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Tarjei HatlenDNB Carnegie
Ole WestgaardDNB Carnegie