HydrogenPro Management

Management criteria checks 1/4

HydrogenPro's CEO is Jarle Dragvik, appointed in Aug 2023, has a tenure of 1.75 years. total yearly compensation is NOK3.79M, comprised of 93.5% salary and 6.5% bonuses, including company stock and options. directly owns 0.05% of the company’s shares, worth NOK152.63K. The average tenure of the management team and the board of directors is 1.9 years and 0.7 years respectively.

Key information

Jarle Dragvik

Chief executive officer

NOK 3.8m

Total compensation

CEO salary percentage93.45%
CEO tenure1.8yrs
CEO ownership0.05%
Management average tenure1.9yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jarle Dragvik's remuneration changed compared to HydrogenPro's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-NOK 215m

Dec 31 2024NOK 4mNOK 4m

-NOK 196m

Sep 30 2024n/an/a

-NOK 164m

Jun 30 2024n/an/a

-NOK 160m

Mar 31 2024n/an/a

-NOK 101m

Dec 31 2023NOK 2mNOK 1m

-NOK 65m

Sep 30 2023n/an/a

-NOK 105m

Jun 30 2023n/an/a

-NOK 94m

Mar 31 2023n/an/a

-NOK 97m

Dec 31 2022NOK 126kn/a

-NOK 109m

Compensation vs Market: Jarle's total compensation ($USD367.24K) is about average for companies of similar size in the UK market ($USD380.76K).

Compensation vs Earnings: Jarle's compensation has increased whilst the company is unprofitable.


CEO

Jarle Dragvik (64 yo)

1.8yrs
Tenure
NOK 3,787,000
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

NamePositionTenureCompensationOwnership
Jarle Dragvik
Chief Executive Officer1.8yrsNOK 3.79m0.050%
NOK 152.6k
Martin Holtet
Chief Financial Officer4.2yrsNOK 2.80m0.0018%
NOK 5.6k
Jon Backer
Chief Operations Officer1.3yrsNOK 1.58mno data
Odd-Arne Lorentsen
Chief Technology Officer1.2yrsNOK 2.18mno data
Tormod Klove
Chief Legal Officer2.5yrsNOK 2.55mno data
Cathrin Bretzeg
Chief People & Culture Officer1.9yrsNOK 2.36mno data
Erik Bolstad
Chief Commercial Officer3.7yrsNOK 2.56mno data
Richard Espeseth
Founder & Head of Technology12.3yrsNOK 2.63m13.59%
NOK 41.9m
Jeffrey Spethmann
CEO of HydrogenPro Inc1.3yrsno datano data
1.9yrs
Average Tenure

Experienced Management: 0ACL's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Marianne Aamodt
Independent Director1.3yrsNOK 733.00kno data
Hallvard Hasselknippe
Directorless than a yearno datano data
Asta Stenhagen
Chair of the Boardless than a yearNOK 635.00kno data
Bjorn Hansen
Independent Director1.3yrsNOK 370.00kno data
0.7yrs
Average Tenure
64yo
Average Age

Experienced Board: 0ACL's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/20 20:31
End of Day Share Price 2025/05/15 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

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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

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.

AnalystInstitution
Paul de FromentBryan Garnier & Co
Thomas MordelleBryan Garnier & Co
Espen FjermestadFearnley Securities