OKEA ASA

BATS-CHIXE:OKEAO Stock Report

Market Cap: NOK 2.5b

OKEA Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Svein Liknes

Chief executive officer

NOK 8.7m

Total compensation

CEO salary percentage64.7%
CEO tenure3yrs
CEO ownership0.2%
Management average tenure3yrs
Board average tenure1.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Svein Liknes's remuneration changed compared to OKEA's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-NOK 1b

Dec 31 2023NOK 9mNOK 6m

-NOK 935m

Sep 30 2023n/an/a

NOK 652m

Jun 30 2023n/an/a

NOK 724m

Mar 31 2023n/an/a

NOK 682m

Dec 31 2022NOK 9mNOK 5m

NOK 670m

Sep 30 2022n/an/a

NOK 629m

Jun 30 2022n/an/a

NOK 621m

Mar 31 2022n/an/a

NOK 794m

Dec 31 2021NOK 7mNOK 2m

NOK 603m

Compensation vs Market: Svein's total compensation ($USD808.64K) is about average for companies of similar size in the UK market ($USD741.00K).

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

CEO

Svein Liknes (52 yo)

3yrs

Tenure

NOK 8,674,000

Compensation

Mr. Svein Jacob Liknes has been Chief Executive Officer at OKEA ASA since June 01, 2021. Mr. Liknes was Senior Vice President, Operations and Asset Development until May 2019 and served as its Interim Head...

Leadership Team

NamePositionTenureCompensationOwnership
Svein Liknes
Chief Executive Officer3yrsNOK 8.67m0.17%
NOK 4.3m
Birte Norheim
Chief Financial Officer4.3yrsNOK 5.22m0.15%
NOK 3.7m
Tor Bjerkestrand
Senior Vice President of Operationsno dataNOK 5.15m0.092%
NOK 2.3m
Knut Gjertsen
SVP of Project & Technology4.2yrsNOK 5.50m0.16%
NOK 4.1m
Marit Vik-Langlie
Vice President of Legal4.4yrsNOK 3.02m0.11%
NOK 2.8m
Ida Lundh
Senior Vice President of Subsurfaceless than a yearNOK 1.28mno data
Dag Eggan
Senior Vice President of Special Projectsno dataNOK 4.48m0.19%
NOK 4.7m
Kjersti Hovdal
Senior Vice President of Business Performance2yrsNOK 4.26m0.16%
NOK 4.0m
Espen Myhra
SVP of Business Development & Commercial4.7yrsNOK 4.45m0.23%
NOK 5.8m
Borge Nerland
Senior Vice President of Drilling & Wells2.4yrsNOK 4.43mno data
Anca Jalba
Vice President of IR & Communicationno datano datano data
Bente Nordeide
Vice President of People & Organization1.8yrsno datano data

3.0yrs

Average Tenure

51yo

Average Age

Experienced Management: OKEAO's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Finn Haugan
Independent Non-executive Director5.2yrsNOK 885.00k0.044%
NOK 1.1m
Rune Pedersen
Independent Non-executive Director5.2yrsNOK 784.00k0.021%
NOK 536.9k
Chaiwat Kovavisarach
Non-executive Chairman of the Board5.2yrsNOK 948.00k0.034%
NOK 852.4k
Nicola Gordon
Independent Non-executive Director5.2yrsNOK 812.00k0.021%
NOK 536.9k
Michael Fischer
Non-Executive Vice Chair of the Board5.6yrsNOK 860.00k0.021%
NOK 536.9k
Ragnhild Aas
Employee Representative Director1.4yrsNOK 317.00k0.095%
NOK 2.4m
Gro Markussen
Deputy Board Memberno dataNOK 11.00k0.015%
NOK 379.6k
Phatpuree Chinkulkitnivat
Director1.1yrsNOK 542.00kno data
Jon Jacobsen
Independent Non-Executive Director1.1yrsNOK 606.00kno data
Elizabeth Williamson
Independent Non-Executive Director1.1yrsNOK 578.00kno data
Sverre Nes
Employee Representative Director1.4yrsNOK 336.00kno data
Per Bjellvag
Employee Representative Director1.4yrsNOK 317.00kno data

1.4yrs

Average Tenure

55yo

Average Age

Experienced Board: OKEAO's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/06/10 05:17
End of Day Share Price 2024/03/13 00:00
Earnings2024/03/31
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

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

OKEA ASA is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jørgen LandeDanske Bank
Vidar LyngværDanske Bank
Mikael GjerdingDNB Markets