Arribatec Group Management

Management criteria checks 2/4

Arribatec Group's CEO is Ole Kjolvik, appointed in Mar 2025, has a tenure of less than a year. total yearly compensation is NOK1.26M, comprised of 85.4% salary and 14.6% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth NOK20.71K. The average tenure of the management team and the board of directors is 0.5 years and 2.1 years respectively.

Key information

Ole Kjolvik

Chief executive officer

NOK 1.3m

Total compensation

CEO salary percentage85.42%
CEO tenureless than a year
CEO ownership0.008%
Management average tenureless than a year
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ole Kjolvik's remuneration changed compared to Arribatec Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-NOK 70m

Dec 31 2024NOK 1mNOK 1m

-NOK 83m

Sep 30 2024n/an/a

-NOK 46m

Jun 30 2024n/an/a

-NOK 34m

Mar 31 2024n/an/a

-NOK 27m

Dec 31 2023NOK 2mNOK 2m

-NOK 23m

Sep 30 2023n/an/a

-NOK 40m

Jun 30 2023n/an/a

-NOK 54m

Mar 31 2023n/an/a

-NOK 70m

Dec 31 2022NOK 2mNOK 2m

-NOK 83m

Sep 30 2022n/an/a

-NOK 79m

Jun 30 2022n/an/a

-NOK 82m

Mar 31 2022n/an/a

-NOK 69m

Dec 31 2021NOK 2mNOK 125k

-NOK 49m

Compensation vs Market: Ole's total compensation ($USD124.53K) is below average for companies of similar size in the UK market ($USD405.37K).

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


CEO

Ole Kjolvik

less than a year
Tenure
NOK 1,255,000
Compensation

Mr. Ole Jakob Kjølvik is Interim Chief Executive Officer of Arribatec Group ASA from March 1, 2025. He was Executive Vice President of EA & BPM of Arribatec Group ASA until March 1, 2025. He was Executive...


Leadership Team

NamePositionTenureCompensationOwnership
Ole Kjolvik
Interim Chief Executive Officerless than a yearNOK 1.26m0.0079%
NOK 20.7k
Erik Sundet
Executive Vice President of Cloudless than a yearNOK 1.52mno data
Tom Vandezande
Executive Vice President of Business Servicesno datano datano data
Anna Stangeland
Interim EVP of EA & BPMless than a yearno datano data
0.5yrs
Average Tenure

Experienced Management: 0M3T's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Henrik Christensen
Directorless than a yearNOK 20.00k2.59%
NOK 6.8m
Terje Mjoes
Director2.1yrsNOK 204.00k4.89%
NOK 12.9m
Hakon Reistad Fure
Chairman of the Boardless than a yearNOK 28.00k6.55%
NOK 17.2m
Kristin Hellebust
Director4.8yrsNOK 261.00k0.0047%
NOK 12.4k
Linn Hoie
Director3.2yrsNOK 228.00kno data
2.1yrs
Average Tenure
57.5yo
Average Age

Experienced Board: 0M3T's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/05 03:51
End of Day Share Price 2025/07/03 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Arribatec Group ASA is covered by 1 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
Kristian StøleCarnegie Investment Bank AB