Kongsberg Gruppen ASA

BATS-CHIXE:KOGO Stock Report

Market Cap: NOK 223.2b

Kongsberg Gruppen Management

Management criteria checks 3/4

Kongsberg Gruppen's CEO is Geir Haoy, appointed in Jun 2016, has a tenure of 8.5 years. directly owns 0.028% of the company’s shares, worth NOK61.41M. The average tenure of the management team and the board of directors is 3.6 years and 3.6 years respectively.

Key information

Geir Haoy

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure8.5yrs
CEO ownership0.03%
Management average tenure3.6yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Geir Haoy's remuneration changed compared to Kongsberg Gruppen's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 5b

Jun 30 2024n/an/a

NOK 5b

Mar 31 2024n/an/a

NOK 4b

Dec 31 2023n/an/a

NOK 4b

Sep 30 2023n/an/a

NOK 4b

Jun 30 2023n/an/a

NOK 3b

Mar 31 2023n/an/a

NOK 3b

Dec 31 2022NOK 12mNOK 6m

NOK 3b

Sep 30 2022n/an/a

NOK 2b

Jun 30 2022n/an/a

NOK 2b

Mar 31 2022n/an/a

NOK 2b

Dec 31 2021NOK 11mNOK 6m

NOK 2b

Sep 30 2021n/an/a

NOK 2b

Jun 30 2021n/an/a

NOK 2b

Mar 31 2021n/an/a

NOK 2b

Dec 31 2020NOK 11mNOK 6m

NOK 1b

Sep 30 2020n/an/a

NOK 1b

Jun 30 2020n/an/a

NOK 850m

Mar 31 2020n/an/a

NOK 625m

Dec 31 2019NOK 10mNOK 6m

NOK 580m

Sep 30 2019n/an/a

NOK 588m

Jun 30 2019n/an/a

NOK 676m

Mar 31 2019n/an/a

NOK 728m

Dec 31 2018NOK 9mNOK 5m

NOK 701m

Sep 30 2018n/an/a

NOK 626m

Jun 30 2018n/an/a

NOK 550m

Mar 31 2018n/an/a

NOK 522m

Dec 31 2017NOK 8mNOK 5m

NOK 554m

Compensation vs Market: Insufficient data to establish whether Geir's total compensation is reasonable compared to companies of similar size in the UK market.

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

CEO

Geir Haoy (58 yo)

8.5yrs

Tenure

NOK 11,546,000

Compensation

Mr. Geir Håøy has been the Chief Executive Officer and President of Kongsberg Gruppen ASA since June, 2016. Mr. Håøy Joined Kongsberg Gruppen ASA in June 1993. He has been the Chief Executive Officer of K...

Leadership Team

NamePositionTenureCompensationOwnership
Geir Haoy
President & CEO8.5yrsNOK 11.55m0.028%
NOK 61.4m
Christian Karde
Group Executive VP4.3yrsNOK 4.21m0.0029%
NOK 6.5m
Iver Olerud
Group Executive Vice President of Corporate Development1.2yrsNOK 4.53m0.0050%
NOK 11.1m
Eirik Lie
Executive VP of Kongsberg and President of Kongsberg Defense & Aerospace8.3yrsNOK 6.49m0.010%
NOK 22.7m
Even Aas
Group Executive Vice President of Public Affairsno dataNOK 4.63m0.018%
NOK 40.4m
Lisa Haugan
Executive VP of Kongsberg & President of Kongsberg Maritime2.9yrsNOK 3.94m0.0049%
NOK 10.9m
Mette Bjorgen
CFO & Group Executive VP1.7yrsno datano data
Kristin Barkost
Vice President of Accounting14.9yrsno datano data
Jan Erik Hoff
Group Vice President of Investor Relationsno datano datano data
Ronny Lie
Chief Communication Officerno datano datano data
Martin Fjell
Executive VP of Kongsberg & President of Kongsberg Discovery1.9yrsno data0.0038%
NOK 8.5m

3.6yrs

Average Tenure

57yo

Average Age

Experienced Management: KOGO's management team is considered experienced (3.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Eivind Reiten
Independent Chairman7.7yrsNOK 657.30kno data
Per Sørlie
Director5.6yrsNOK 397.67kno data
Kristin Faerovik
Director1.6yrsno datano data
Morten Henriksen
Independent Director11.6yrsNOK 421.67kno data
Ole Svarva
Deputy Directorno datano datano data
Merete Bull
Director3.6yrsNOK 287.33kno data
Jo Bjerknes
Employee Representative Director3.6yrsNOK 287.33kno data
Rune Fanoy
Employee Representative Director3.6yrsNOK 336.93k0.00016%
NOK 357.2k
Oda Ellingsen
Employee Representative Director3.6yrsNOK 397.67k0.00082%
NOK 1.8m
Kjersti Rod
Director1.6yrsNOK 63.93k0.0012%
NOK 2.6m
Ivar-Andre Ihle
Deputy Member of the Boardno dataNOK 12.70k0.00060%
NOK 1.3m

3.6yrs

Average Tenure

56yo

Average Age

Experienced Board: KOGO's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:26
End of Day Share Price 2024/12/17 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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Industry and Sector Metrics

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Analyst Sources

Kongsberg Gruppen ASA is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Haakon AmundsenABG Sundal Collier
John A. OlaisenABG Sundal Collier
Kenneth SivertsenArctic Securities ASA