Sea1 Offshore Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Bernt Omdal

Chief executive officer

US$563.0k

Total compensation

CEO salary percentage93.8%
CEO tenure7.6yrs
CEO ownershipn/a
Management average tenure5.5yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bernt Omdal's remuneration changed compared to Sea1 Offshore's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$270m

Jun 30 2024n/an/a

US$257m

Mar 31 2024n/an/a

US$155m

Dec 31 2023US$563kUS$528k

US$175m

Sep 30 2023n/an/a

US$68m

Jun 30 2023n/an/a

US$65m

Mar 31 2023n/an/a

US$54m

Dec 31 2022US$506kUS$471k

US$31m

Sep 30 2022n/an/a

US$45m

Jun 30 2022n/an/a

US$39m

Mar 31 2022n/an/a

US$124m

Dec 31 2021US$422kUS$371k

US$108m

Sep 30 2021n/an/a

US$59m

Jun 30 2021n/an/a

US$54m

Mar 31 2021n/an/a

-US$287m

Dec 31 2020US$418kUS$384k

-US$299m

Sep 30 2020n/an/a

-US$313m

Jun 30 2020n/an/a

-US$312m

Mar 31 2020n/an/a

-US$93m

Dec 31 2019US$476kUS$434k

-US$93m

Sep 30 2019n/an/a

-US$87m

Jun 30 2019n/an/a

-US$88m

Mar 31 2019n/an/a

-US$67m

Dec 31 2018US$513kUS$479k

-US$71m

Sep 30 2018n/an/a

-US$98m

Jun 30 2018n/an/a

-US$92m

Mar 31 2018n/an/a

-US$169m

Dec 31 2017US$413kUS$378k

-US$160m

Compensation vs Market: Bernt's total compensation ($USD563.00K) is below average for companies of similar size in the UK market ($USD975.15K).

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


CEO

Bernt Omdal (58 yo)

7.6yrs

Tenure

US$563,000

Compensation

Mr. Bernt Omdal has been Chief Executive Officer of Sea1 Offshore Inc. (formerly known as Siem Offshore Inc.) since May 15, 2017. Mr. Omdal served as Chief Commercial Officer and Chartering Director at Sea...


Leadership Team

NamePositionTenureCompensationOwnership
Bernt Omdal
Chief Executive Officer7.6yrsUS$563.00kno data
Vidar Jerstad
Chief Financial Officer3.3yrsUS$420.00kno data
Tore Lillesto
Chief Operating Officer7.6yrsUS$333.00kno data
Leif Lauvas
Group Accounting Directorno datano datano data
Tor Grændsen
Chief Human Resources Officer2yrsUS$37.00kno data
Andreas Hageli
Chief Commercial Officerno dataUS$314.00kno data

5.5yrs

Average Tenure

52yo

Average Age

Experienced Management: 0I21's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christen Sveaas
Chairman of the Board2.6yrsno datano data
Orjan Svanevik
Directorless than a yearno datano data
Celina Midelfart
Director2.6yrsno datano data
Fredrik Platou
Directorless than a yearno datano data

1.8yrs

Average Tenure

54.5yo

Average Age

Experienced Board: 0I21's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 06:06
End of Day Share Price 2024/12/19 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

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

Sea1 Offshore Inc. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristoffer IdenArctic Securities ASA
Morten LindbäckBeringer Finance AB
Salman AlamCarnegie Investment Bank AB