HydrogenPro Management

Management criteria checks 1/4

HydrogenPro's CEO is Jarle Dragvik, appointed in Aug 2023, has a tenure of 1.5 years. total yearly compensation is NOK2.22M, comprised of 66.6% salary and 33.4% bonuses, including company stock and options. directly owns 0.05% of the company’s shares, worth NOK221.56K. The average tenure of the management team and the board of directors is 1.7 years and 1.1 years respectively.

Key information

Jarle Dragvik

Chief executive officer

NOK 2.2m

Total compensation

CEO salary percentage66.6%
CEO tenure1.5yrs
CEO ownership0.05%
Management average tenure1.7yrs
Board average tenure1.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jarle Dragvik's remuneration changed compared to HydrogenPro's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD195.87K) is below average for companies of similar size in the UK market ($USD350.47K).

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


CEO

Jarle Dragvik (64 yo)

1.5yrs

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

NamePositionTenureCompensationOwnership
Jarle Dragvik
Chief Executive Officer1.5yrsNOK 2.22m0.050%
NOK 221.6k
Richard Espeseth
Founder & Head of Technology12.1yrsNOK 2.63m13.59%
NOK 60.8m
Martin Holtet
Chief Financial Officer3.9yrsNOK 2.41m0.0018%
NOK 8.1k
Tormod Klove
Chief Legal Officer2.3yrsNOK 1.64mno data
Cathrin Bretzeg
Chief People & Culture Officer1.7yrsNOK 1.10mno data
Erik Bolstad
Chief Commercial Officer3.4yrsNOK 2.03mno data
Jon Backer
Chief Operations Officer1.1yrsno datano data
Odd-Arne Lorentsen
Chief Technology Officerless than a yearno datano data
Jeffrey Spethmann
CEO of HydrogenPro Inc1.1yrsno datano data

1.7yrs

Average Tenure

Experienced Management: 0ACL's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Geir Larsen
Independent Director1.1yrsno datano data
Dag Opedal
Chair of the Boardless than a yearno datano data
Jarle Tautra
Non-Executive Independent Director3.3yrsNOK 684.00k0.0012%
NOK 5.4k
Marianne Aamodt
Independent Director1.1yrsno datano data
Vivian Espeseth
Director1.1yrsno data3.73%
NOK 16.7m
Bjorn Hansen
Independent Director1.1yrsno datano data

1.1yrs

Average Tenure

65yo

Average Age

Experienced Board: 0ACL'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 Analysis2025/02/02 02:19
End of Day Share Price 2025/01/30 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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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.

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