Eidesvik Offshore's CEO is Helga Cotgrove, appointed in Sep 2024, has a tenure of 1.92 years. total yearly compensation is NOK4.27M, comprised of 67.2% salary and 32.8% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth NOK96.61K. The average tenure of the management team and the board of directors is 3 years and 2.1 years respectively.
Key information
Helga Cotgrove
Chief executive officer
NOK 4.3m
Total compensation
CEO salary percentage
67.21%
CEO tenure
1.9yrs
CEO ownership
0.008%
Management average tenure
3yrs
Board average tenure
2.1yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Helga Cotgrove's remuneration changed compared to Eidesvik Offshore's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
NOK 60m
Dec 31 2025
NOK 4m
NOK 3m
NOK 66m
Sep 30 2025
n/a
n/a
NOK 77m
Jun 30 2025
n/a
n/a
NOK 78m
Mar 31 2025
n/a
n/a
NOK 87m
Dec 31 2024
NOK 3m
NOK 2m
NOK 83m
Sep 30 2024
n/a
n/a
NOK 162m
Jun 30 2024
n/a
n/a
NOK 173m
Mar 31 2024
n/a
n/a
NOK 549m
Dec 31 2023
NOK 3m
NOK 2m
NOK 515m
Sep 30 2023
n/a
n/a
NOK 687m
Jun 30 2023
n/a
n/a
NOK 819m
Mar 31 2023
n/a
n/a
NOK 335m
Dec 31 2022
NOK 786k
NOK 519k
NOK 346m
Compensation vs Market: Helga's total compensation ($USD448.23K) is about average for companies of similar size in the UK market ($USD417.38K).
Compensation vs Earnings: Helga's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Helga Cotgrove
1.9yrs
Tenure
NOK 4,270,000
Compensation
Ms. Helga Cotgrove serves as Director of Reelwell AS. She is Chief Executive Officer of Eidesvik Offshore ASA from November 28, 2024 and served as its Interim Chief Executive Officer from September 18, 202...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Helga Cotgrove
Chief Executive Officer
1.9yrs
NOK 4.27m
0.0080% NOK 96.6k
Lars Engelsen
Chief Financial Officer
4yrs
NOK 2.40m
no data
Arve Nilsen
Chief Operating Officer
4.3yrs
NOK 2.70m
no data
Petter Lonning
Chief Engineer
no data
NOK 93.00k
no data
Sverre Horgen
Chief Technology Officer
no data
no data
no data
Erling Lodden
Vice President of Human Relations
no data
NOK 1.64m
no data
Morten Sundt
Chief Commercial Officer
1.6yrs
no data
no data
3.0yrs
Average Tenure
Experienced Management: 0E9O's management team is considered experienced (3 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Petter Lonning
Chief Engineer
less than a year
NOK 93.00k
no data
Annicken Kildahl
Independent Director
3.6yrs
NOK 280.00k
no data
Kenneth Walland
Independent Chair of the Board
1.3yrs
no data
0.014% NOK 168.8k
Bjørg Eknes
Independent Director
5.3yrs
NOK 349.00k
0.034% NOK 416.2k
Lauritz Eidesvik
Deputy Chairman of the Board
8.3yrs
NOK 309.00k
0.00027% NOK 3.3k
Kjetil Eidesvik
Director
2.1yrs
NOK 163.00k
no data
Steinar Sætre
Director
less than a year
no data
no data
2.1yrs
Average Tenure
Experienced Board: 0E9O's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/08/06 19:27
End of Day Share Price
2026/06/08 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.