Morrow Bank ASA

BATS-CHIXE:MOBAO Stock Report

Market Cap: NOK 2.8b

Morrow Bank Management

Management criteria checks 2/4

Morrow Bank's CEO is Oyvind Oanes, appointed in Oct 2021, has a tenure of 3.58 years. total yearly compensation is NOK6.40M, comprised of 65.6% salary and 34.4% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth NOK5.45M. The average tenure of the management team and the board of directors is 3.3 years and 1.1 years respectively.

Key information

Oyvind Oanes

Chief executive officer

NOK 6.4m

Total compensation

CEO salary percentage65.63%
CEO tenure3.6yrs
CEO ownership0.2%
Management average tenure3.3yrs
Board average tenure1.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Oyvind Oanes's remuneration changed compared to Morrow Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

NOK 208m

Dec 31 2024NOK 6mNOK 4m

NOK 189m

Sep 30 2024n/an/a

NOK 165m

Jun 30 2024n/an/a

NOK 147m

Mar 31 2024n/an/a

NOK 138m

Dec 31 2023NOK 4mNOK 4m

NOK 134m

Sep 30 2023n/an/a

NOK 13m

Jun 30 2023n/an/a

-NOK 4m

Mar 31 2023n/an/a

-NOK 9m

Dec 31 2022NOK 4mNOK 4m

-NOK 14m

Sep 30 2022n/an/a

NOK 111m

Jun 30 2022n/an/a

-NOK 263m

Mar 31 2022n/an/a

-NOK 249m

Dec 31 2021NOK 1mNOK 1m

-NOK 222m

Compensation vs Market: Oyvind's total compensation ($USD617.91K) is about average for companies of similar size in the UK market ($USD805.61K).

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

CEO

Oyvind Oanes

3.6yrs

Tenure

NOK 6,400,000

Compensation

Mr. Oyvind Oanes serves as Chief Executive Officer at Morrow Bank ASA (formerly known as Komplett Bank ASA) since 1 October 2021. He had been Group Chief Executive Officer and Member of Management Board at...

Leadership Team

NamePositionTenureCompensationOwnership
Oyvind Oanes
Chief Executive Officer3.6yrsNOK 6.40m0.20%
NOK 5.4m
Eirik Holtedahl
Chief Financial Officer3.3yrsNOK 3.90m1.14%
NOK 31.8m
Wilhelm Thomassen
Chief Operating Officer3.3yrsNOK 3.90m0.91%
NOK 25.4m
Martin Valland
Interim Chief Technology Officer3.2yrsno data0.081%
NOK 2.2m
Annika Ramstedt
Chief Credit Risk Officer3.3yrsNOK 3.80m0.097%
NOK 2.7m
Henning Fagerbakke
Head of Finance & Employee Elected Board Member3.3yrsNOK 100.00k0.24%
NOK 6.6m
Tony Rogne
Chief Commercial Officerno dataNOK 2.70mno data

3.3yrs

Average Tenure

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

Board Members

NamePositionTenureCompensationOwnership
Henning Fagerbakke
Head of Finance & Employee Elected Board Member1.1yrsNOK 100.00k0.24%
NOK 6.6m
Birgit Anna-Karin Celsing
Directorless than a yearno datano data
Lars Midby
Directorless than a yearno data0.028%
NOK 783.1k
Bodil Hollingsaeter
Independent Deputy Chairman of the Board11.2yrsNOK 700.00k0.32%
NOK 8.9m
Kristian Fredrik Huseby
Director1.1yrsno data0.028%
NOK 787.6k
Per Mikaelsen
Employee Elected Deputy Board Member1.1yrsNOK 100.00k0.0043%
NOK 120.6k
Iril Renshus
Employee Elected Board Member1.1yrsNOK 100.00kno data
Ine Grindstad
Employee Elected Deputy Board Member1.1yrsno datano data
Carl-Ake Nilson
Directorless than a yearno datano data

1.1yrs

Average Tenure

64yo

Average Age

Experienced Board: MOBAO's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/14 13:28
End of Day Share Price 2025/05/05 00:00
Earnings2025/03/31
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

Morrow Bank ASA is covered by 4 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
Jan GjerlandABG Sundal Collier
null nullABG Sundal Collier
Ulrik ZürcherBeringer Finance AB