SpareBank 1 Sørøst-Norge

BATS-CHIXE:SOONO Stock Report

Market Cap: NOK 9.7b

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

SpareBank 1 Sørøst-Norge Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Per Halvorsen

Chief executive officer

NOK 6.0m

Total compensation

CEO salary percentage54.0%
CEO tenureno data
CEO ownershipn/a
Management average tenure1.3yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Per Halvorsen's remuneration changed compared to SpareBank 1 Sørøst-Norge's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

NOK 795m

Sep 30 2023n/an/a

NOK 820m

Jun 30 2023n/an/a

NOK 793m

Mar 31 2023n/an/a

NOK 721m

Dec 31 2022NOK 6mNOK 3m

NOK 630m

Sep 30 2022n/an/a

NOK 557m

Jun 30 2022n/an/a

NOK 562m

Mar 31 2022n/an/a

NOK 546m

Dec 31 2021NOK 22mNOK 2m

NOK 522m

Compensation vs Market: Per's total compensation ($USD558.60K) is below average for companies of similar size in the UK market ($USD1.35M).

Compensation vs Earnings: Per's compensation has been consistent with company performance over the past year.

CEO

Per Halvorsen (61 yo)

no data

Tenure

NOK 5,994,000

Compensation

Mr. Per Halvorsen is the Chief Executive Officer of SpareBank 1 Sørøst-Norge. He serves as Chief Executive Officer of SpareBank 1 Telemark since 2006. Mr. Halvorsen served as Chairman of SpareBank 1 Gruppe...

Leadership Team

NamePositionTenureCompensationOwnership
Per Halvorsen
Chief Executive Officerno dataNOK 5.99mno data
Roar Snippen
Executive Vice President of Economicsless than a yearNOK 2.26mno data
Marianne Evensen
Executive Vice President of Compliance1.3yrsNOK 2.05mno data
Marianne Thorsdal
Executive Vice President of HR & Organizational Developmentno dataNOK 1.69mno data
Egil Meland
Executive Vice President of Subsidiaries2.3yrsNOK 3.50mno data
Lasse Olsen
Executive Vice President of Retail Marketno dataNOK 2.46mno data
Johan Hjerkinn
Executive Vice President of Strategy & Business Developmentno dataNOK 2.10mno data
Tonje Stormoen
Executive Vice President of Business Supportno dataNOK 1.91mno data
Kristian Kloster
Executive Vice President Risk Management2.3yrsNOK 1.33mno data
Live Stensholt
Head of Communicationno dataNOK 709.00kno data
Lars Hovland
Executive Vice President of Corporate Market1.3yrsno datano data
Ole Thoresen
Bank Manager of Corporate Marketno dataNOK 1.50mno data

1.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: SOONO's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Finn Haugan
Chairman of the Board4.8yrsNOK 575.00k0.036%
NOK 3.5m
Lene Svenne
Director1.3yrsno data0.00061%
NOK 59.3k
John-Arne Haugerud
Deputy Chairman2.3yrsNOK 128.00kno data
Hanne Gravdal
Employee Representative Director15.4yrsNOK 185.00kno data
Oystein Beyer
Deputy Chairman of Supervisory Boardno datano datano data
Jan Nilsen
Director2.9yrsNOK 210.00kno data
Maria Tho
Director1.3yrsno datano data
Lars Bjørnsrud
Chairman of the Supervisory Board5yrsNOK 80.00kno data
Anne Leversby
Employee Representative Deputy Director & Observer2yrsNOK 91.00kno data
Heine Wang
Director8.3yrsNOK 250.00kno data
Frede Christensen
Employee Representative Directorno dataNOK 170.00k0.0097%
NOK 945.4k
Lene Marie Thorstensen
Director2.3yrsNOK 128.00kno data

2.6yrs

Average Tenure

60yo

Average Age

Experienced Board: SOONO's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/06 03:06
End of Day Share Price 2024/01/08 00:00
Earnings2023/12/31
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

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 .

Analyst Sources

SpareBank 1 Sørøst-Norge is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Geir KristiansenBeringer Finance AB
Håkon AstrupDNB Markets
Žilvinas JusaitisNorne Securities AS