Eidesvik Offshore ASA

BATS-CHIXE:EIOFO Stock Report

Market Cap: NOK 804.3m

Eidesvik Offshore Management

Management criteria checks 2/4

Eidesvik Offshore's CEO is Gitte Talmo, appointed in Jan 2022, has a tenure of 1.33 years. total yearly compensation is NOK1.81M, comprised of 71.8% salary and 28.2% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth NOK5.55K. The average tenure of the management team and the board of directors is 1.1 years and 2 years respectively.

Key information

Gitte Talmo

Chief executive officer

NOK 1.8m

Total compensation

CEO salary percentage71.8%
CEO tenure1.3yrs
CEO ownership0.0007%
Management average tenure1.1yrs
Board average tenure2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gitte Talmo's remuneration changed compared to Eidesvik Offshore's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

NOK 335m

Dec 31 2022n/an/a

NOK 346m

Sep 30 2022n/an/a

NOK 212m

Jun 30 2022n/an/a

NOK 4m

Mar 31 2022n/an/a

NOK 28m

Dec 31 2021NOK 2mNOK 1m

-NOK 16m

Sep 30 2021n/an/a

-NOK 190m

Jun 30 2021n/an/a

-NOK 137m

Mar 31 2021n/an/a

-NOK 87m

Dec 31 2020NOK 2mNOK 1m

-NOK 124m

Compensation vs Market: Gitte's total compensation ($USD161.54K) is below average for companies of similar size in the UK market ($USD348.41K).

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

CEO

Gitte Talmo

1.3yrs

Tenure

NOK 1,809,000

Compensation

Ms. Gitte Gard Talmo serves as President & Chief Executive Officer of Eidesvik Offshore ASA since January 01, 2022 and served as Chief Commercial Officer since October 01, 2016 until January 01, 2022.

Leadership Team

NamePositionTenureCompensationOwnership
Gitte Talmo
President & CEO1.3yrsNOK 1.81m0.00069%
NOK 5.5k
Erling Lodden
Vice President of Human Recourcesno dataNOK 1.64mno data
Petter Lonning
Chief Engineerno dataNOK 88.00kno data
Helga Cotgrove
Chief Financial Officerless than a yearno datano data
Arve Nilsen
Chief Operating Officer1.1yrsno datano data
Ellen Ottesen
Chief Technology Officer1.1yrsno datano data

1.1yrs

Average Tenure

Experienced Management: EIOFO's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Petter Lonning
Chief Engineerless than a yearNOK 88.00kno data
Arne Austreid
Chairman2yrsno datano data
Borgny Eidesvik
Directorno dataNOK 279.00kno data
Lars Eidesvik
Directorno dataNOK 236.00kno data
John Stangeland
Independent Director6.7yrsNOK 236.00k0.041%
NOK 330.6k
Lauritz Eidesvik
Director5yrsNOK 246.00kno data
Kristine Skeie
Independent Director5yrsNOK 236.00k0.034%
NOK 275.5k
Johnny Olson
Employee Representative Directorless than a yearno datano data
Bjorg Eknes
Independent Director2yrsno data0.034%
NOK 275.5k

2.0yrs

Average Tenure

Experienced Board: EIOFO's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/05/30 09:28
End of Day Share Price 2023/03/02 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

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

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 Github.

Analyst Sources

Eidesvik Offshore ASA is covered by 6 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marius GaardCarnegie Investment Bank AB
Iver BatvikDanske Bank
Martin KarlsenDNB Markets