Nordic Mining ASA

LSE:0GYZ Stock Report

Market Cap: NOK 2.7b

Nordic Mining Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ivar Fossum

Chief executive officer

NOK 4.9m

Total compensation

CEO salary percentage84.9%
CEO tenureno data
CEO ownership0.1%
Management average tenureno data
Board average tenure6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ivar Fossum's remuneration changed compared to Nordic Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NOK 1m

Jun 30 2024n/an/a

-NOK 20m

Mar 31 2024n/an/a

-NOK 37m

Dec 31 2023NOK 5mNOK 4m

-NOK 46m

Sep 30 2023n/an/a

-NOK 106m

Jun 30 2023n/an/a

-NOK 101m

Mar 31 2023n/an/a

-NOK 24m

Dec 31 2022NOK 3mNOK 2m

NOK 202m

Sep 30 2022n/an/a

NOK 224m

Jun 30 2022n/an/a

NOK 283m

Mar 31 2022n/an/a

NOK 203m

Dec 31 2021NOK 3mNOK 2m

NOK 5m

Sep 30 2021n/an/a

NOK 25m

Jun 30 2021n/an/a

-NOK 35m

Mar 31 2021n/an/a

-NOK 37m

Dec 31 2020NOK 3mNOK 2m

-NOK 33m

Sep 30 2020n/an/a

-NOK 75m

Jun 30 2020n/an/a

-NOK 89m

Mar 31 2020n/an/a

-NOK 97m

Dec 31 2019NOK 3mNOK 2m

NOK 1m

Sep 30 2019n/an/a

NOK 19m

Jun 30 2019n/an/a

NOK 19m

Mar 31 2019n/an/a

NOK 23m

Dec 31 2018NOK 3mNOK 2m

-NOK 72m

Sep 30 2018n/an/a

-NOK 60m

Jun 30 2018n/an/a

-NOK 51m

Mar 31 2018n/an/a

-NOK 49m

Dec 31 2017NOK 3mNOK 2m

-NOK 36m

Compensation vs Market: Ivar's total compensation ($USD441.95K) is below average for companies of similar size in the UK market ($USD739.28K).

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

CEO

Ivar Fossum (66 yo)

no data

Tenure

NOK 4,891,000

Compensation

Mr. Ivar Sund Fossum serves as Director at Keliber Oy since 2021. Mr. Fossum serves as the Chief Executive Officer of Geological Survey of Finland and Nordic Mining ASA. He serves as Chair of the Board at...

Board Members

NamePositionTenureCompensationOwnership
Kjell Roland
Independent Chairman12.8yrsNOK 500.00k0.027%
NOK 738.7k
Eva Kaijser
Independent Director7.5yrsNOK 300.00kno data
Kjell Sletsjøe
Independent Deputy Chairman6.5yrsNOK 300.00k0.016%
NOK 444.1k
Benedicte Nordang
Independent Director5.5yrsNOK 300.00kno data
Tom Lileng
Independent Director1.5yrsno datano data

6.5yrs

Average Tenure

Experienced Board: 0GYZ's board of directors are considered experienced (6.5 years average tenure).