Atea ASA

BATS-CHIXE:ATEAO Stock Report

Market Cap: NOK 17.1b

Atea Management

Management criteria checks 3/4

Atea's CEO is Steinar Sonsteby, appointed in Jan 2014, has a tenure of 9.42 years. total yearly compensation is NOK18.70M, comprised of 26.7% salary and 73.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth NOK19.30M. The average tenure of the management team and the board of directors is 8.8 years and 3.2 years respectively.

Key information

Steinar Sonsteby

Chief executive officer

NOK 18.7m

Total compensation

CEO salary percentage26.7%
CEO tenure9.4yrs
CEO ownership0.1%
Management average tenure8.8yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steinar Sonsteby's remuneration changed compared to Atea's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

NOK 892m

Dec 31 2022NOK 19mNOK 5m

NOK 848m

Sep 30 2022n/an/a

NOK 856m

Jun 30 2022n/an/a

NOK 846m

Mar 31 2022n/an/a

NOK 763m

Dec 31 2021NOK 15mNOK 5m

NOK 760m

Sep 30 2021n/an/a

NOK 740m

Jun 30 2021n/an/a

NOK 703m

Mar 31 2021n/an/a

NOK 712m

Dec 31 2020NOK 14mNOK 4m

NOK 590m

Sep 30 2020n/an/a

NOK 524m

Jun 30 2020n/an/a

NOK 510m

Mar 31 2020n/an/a

NOK 457m

Dec 31 2019NOK 16mNOK 4m

NOK 530m

Sep 30 2019n/an/a

NOK 516m

Jun 30 2019n/an/a

NOK 473m

Mar 31 2019n/an/a

NOK 459m

Dec 31 2018NOK 7mNOK 4m

NOK 467m

Sep 30 2018n/an/a

NOK 528m

Jun 30 2018n/an/a

NOK 561m

Mar 31 2018n/an/a

NOK 561m

Dec 31 2017NOK 25mNOK 4m

NOK 543m

Sep 30 2017n/an/a

NOK 569m

Jun 30 2017n/an/a

NOK 536m

Mar 31 2017n/an/a

NOK 522m

Dec 31 2016NOK 9mNOK 4m

NOK 512m

Compensation vs Market: Steinar's total compensation ($USD1.76M) is about average for companies of similar size in the UK market ($USD1.95M).

Compensation vs Earnings: Steinar's compensation has increased by more than 20% in the past year.

CEO

Steinar Sonsteby (61 yo)

9.4yrs

Tenure

NOK 18,700,000

Compensation

Mr. Steinar Sonsteby has been the Chief Executive Officer of Atea ASA since February 2014 and served as its President and Acting Managing Director of Atea Norway AS until March 11, 2016. He is Board Member...

Leadership Team

NamePositionTenureCompensationOwnership
Steinar Sonsteby
Chief Executive Officer9.4yrsNOK 18.70m0.11%
NOK 19.3m
Robert Giori
Chief Financial Officer8.8yrsNOK 7.60m0.11%
NOK 19.6m
Carl-Johan Hultenheim
Chief Operating Officer12.4yrsNOK 10.80m0.013%
NOK 2.2m
Juha Sihvonen
Managing Director of Atea Finland OY (Finland)15.1yrsNOK 7.34mno data
Arunas Bartusevicius
Managing Director of Atea Baltic UAB (the Baltics)no dataNOK 5.24m0.090%
NOK 15.5m
Kathrine Forsberg
Managing Director of Atea Denmark3.4yrsNOK 6.06mno data
Linus Wallin
Managing Director of Atea Sverige AB - Sweden2.4yrsNOK 5.16mno data
Ole Saxrud
Managing Director1.8yrsNOK 4.60m0.0014%
NOK 231.2k
Ole Fjellestad
Group Chief Accountantno datano datano data
Ignas Bartkus
Group Controllerno datano datano data
Christian Stangeland
Director of Business Controlno datano datano data

8.8yrs

Average Tenure

55yo

Average Age

Experienced Management: ATEAO's management team is seasoned and experienced (8.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Carl Wollebekk
Directorless than a yearno datano data
Morten Jurs
Independent Director13.2yrsNOK 350.00kno data
Svein-Tore Andersen
Alternate Directorno datano datano data
Truls Berntsen
Deputy Director3.2yrsNOK 33.33kno data
Sven Madsen
Independent Chairman of the Board15.2yrsNOK 300.00k0.012%
NOK 2.0m
Lisbeth Kvan
Independent Director10.1yrsNOK 300.00kno data
Saloume Djoudat
Independent Director8.2yrsNOK 200.00kno data
Arild Birkelund
Deputy Board Member5.1yrsno datano data
Lone Kunøe
Directorless than a yearno datano data
Leiv Larsen
Employee Elected Director3.2yrsNOK 150.00kno data
Marius Hole
Employee Elected Director1.1yrsno datano data
Nelly Flatland
Employee Elected Director1.1yrsno datano data

3.2yrs

Average Tenure

57yo

Average Age

Experienced Board: ATEAO's board of directors are considered experienced (3.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/14 09:05
End of Day Share Price 2023/03/17 00:00
Earnings2023/03/31
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

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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

Atea ASA is covered by 12 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
null nullABG Sundal Collier
Markus BjerkeArctic Securities ASA
Erik HjulströmBeringer Finance AB