HydrogenPro Management
Management criteria checks 1/4
HydrogenPro's CEO is Jarle Dragvik, appointed in Aug 2023, has a tenure of less than a year. total yearly compensation is NOK2.22M, comprised of 66.6% salary and 33.4% bonuses, including company stock and options. directly owns 0.059% of the company’s shares, worth NOK439.08K. The average tenure of the management team and the board of directors is 1.1 years and 0.5 years respectively.
Key information
Jarle Dragvik
Chief executive officer
NOK 2.2m
Total compensation
| CEO salary percentage | 66.6% |
| CEO tenure | less than a year |
| CEO ownership | 0.06% |
| Management average tenure | 1.1yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -NOK 101m |
| Dec 31 2023 | NOK 2m | NOK 1m | -NOK 65m |
| Sep 30 2023 | n/a | n/a | -NOK 82m |
| Jun 30 2023 | n/a | n/a | -NOK 70m |
| Mar 31 2023 | n/a | n/a | -NOK 97m |
| Dec 31 2022 | NOK 126k | n/a | -NOK 109m |
Compensation vs Market: Jarle's total compensation ($USD206.31K) is below average for companies of similar size in the UK market ($USD369.17K).
Compensation vs Earnings: Jarle's compensation has increased whilst the company is unprofitable.
CEO
Jarle Dragvik (64 yo)
less than a year
Tenure
NOK 2,217,000
Compensation
Mr. Jarle Dragvik serves as Chief Executive Officer of HydrogenPro ASA since joining on August 08, 2023. He is the CEO of TM Holding AS. He served as Director at HydrogenPro AS since October 2021 until May...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | less than a year | NOK 2.22m | 0.059% NOK 439.1k | |
| Founder & Head of Technology | 11.5yrs | NOK 2.63m | 16.05% NOK 120.5m | |
| Chief Financial Officer | 3.3yrs | NOK 2.41m | no data | |
| Chief Legal Officer | 1.7yrs | NOK 1.64m | no data | |
| Chief People & Culture Officer | 1.1yrs | NOK 1.10m | no data | |
| Chief Commercial Officer | 2.8yrs | NOK 2.03m | no data | |
| Chief Operations Officer | less than a year | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| CEO of HydrogenPro Inc | less than a year | no data | no data |
1.1yrs
Average Tenure
Experienced Management: HYPROO's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | less than a year | no data | no data | |
| Chair of the Board | less than a year | no data | no data | |
| Non-Executive Independent Director | 2.8yrs | NOK 684.00k | 0.0014% NOK 10.7k | |
| Independent Director | less than a year | no data | no data | |
| Director | less than a year | no data | 4.53% NOK 34.0m | |
| Independent Director | less than a year | no data | no data |
0.5yrs
Average Tenure
65yo
Average Age
Experienced Board: HYPROO's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/15 09:38 |
| End of Day Share Price | 2024/04/17 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
HydrogenPro ASA 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.
| Analyst | Institution |
|---|---|
| Paul de Froment | Bryan Garnier & Co |
| Thomas Mordelle | Bryan Garnier & Co |
| Espen Fjermestad | Fearnley Securities |