ArcticZymes Technologies ASA

BATS-CHIXE:AZTO Stock Report

Market Cap: NOK 2.1b

ArcticZymes Technologies Management

Management criteria checks 3/4

ArcticZymes Technologies' CEO is Jethro Holter, appointed in Oct 2019, has a tenure of 3.33 years. total yearly compensation is NOK2.74M, comprised of 69.1% salary and 30.9% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth NOK3.32M. The average tenure of the management team and the board of directors is 3.1 years and 1.6 years respectively.

Key information

Jethro Holter

Chief executive officer

NOK 2.7m

Total compensation

CEO salary percentage69.1%
CEO tenure3.3yrs
CEO ownership0.2%
Management average tenure3.1yrs
Board average tenure1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jethro Holter's remuneration changed compared to ArcticZymes Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2022n/an/a

NOK 33m

Sep 30 2022n/an/a

NOK 47m

Jun 30 2022n/an/a

NOK 52m

Mar 31 2022n/an/a

NOK 48m

Dec 31 2021NOK 3mNOK 2m

NOK 46m

Sep 30 2021n/an/a

NOK 68m

Jun 30 2021n/an/a

NOK 67m

Mar 31 2021n/an/a

NOK 84m

Dec 31 2020NOK 2mNOK 2m

NOK 74m

Sep 30 2020n/an/a

NOK 43m

Jun 30 2020n/an/a

NOK 37m

Mar 31 2020n/an/a

NOK 8m

Dec 31 2019NOK 1mNOK 1m

-NOK 1m

Sep 30 2019n/an/a

-NOK 9m

Jun 30 2019n/an/a

-NOK 10m

Mar 31 2019n/an/a

-NOK 13m

Dec 31 2018NOK 2mNOK 1m

-NOK 14m

Sep 30 2018n/an/a

-NOK 20m

Jun 30 2018n/an/a

-NOK 27m

Mar 31 2018n/an/a

-NOK 27m

Dec 31 2017NOK 2mNOK 1m

-NOK 25m

Sep 30 2017n/an/a

-NOK 26m

Jun 30 2017n/an/a

-NOK 24m

Mar 31 2017n/an/a

-NOK 21m

Dec 31 2016NOK 2mNOK 1m

-NOK 20m

Compensation vs Market: Jethro's total compensation ($USD267.08K) is below average for companies of similar size in the UK market ($USD745.84K).

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

CEO

Jethro Holter (50 yo)

3.3yrs

Tenure

NOK 2,739,000

Compensation

Dr. Jethro Holter has been Chief Executive Officer of ArcticZymes Technologies ASA (formerly known as Biotec Pharmacon ASA) since April 22, 2020. He was an Interim CEO at Biotec Pharmacon ASA since October...

Leadership Team

NamePositionTenureCompensationOwnership
Jethro Holter
Chief Executive Officer3.3yrsNOK 2.74m0.16%
NOK 3.3m
Borge Sorvoll
Chief Financial Officer8.3yrsNOK 1.92m0.050%
NOK 1.0m
Marit Lorentzen
Vice President of Operations3.1yrsNOK 1.34m0.040%
NOK 837.2k
Darren Ellis
Chief Scientific Officerless than a yearno datano data
Dirk Hahneiser
Vice President of Business Development & Marketing1.1yrsno datano data

3.1yrs

Average Tenure

52yo

Average Age

Experienced Management: AZTO's management team is considered experienced (3.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Marie Roskrow
Chairperson4.8yrsNOK 470.00kno data
Jane Theaker
Director2.1yrsNOK 165.00k0.020%
NOK 413.6k
Bernd Striberny
Employee Elected Director1.1yrsno data0.00040%
NOK 8.3k
Lill-Hege Henriksen
Employee Elected Observer1.1yrsno data0.0061%
NOK 127.2k

1.6yrs

Average Tenure

Experienced Board: AZTO's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/02/21 00:25
End of Day Share Price 2022/11/24 00:00
Earnings2022/12/31
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 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

ArcticZymes Technologies ASA is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hans BohnBeringer Finance AB
Mikkel Nyholt-SmedsengCarnegie Investment Bank AB
Espen JørgensenDNB Markets