NorCom Information Technology GmbH KGaA Management
Management criteria checks 3/4
NorCom Information Technology GmbH KGaA's CEO is Viggo Nordbakk, appointed in Jun 1999, has a tenure of 25.58 years. total yearly compensation is €230.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 26.07% of the company’s shares, worth €2.03M. The average tenure of the management team and the board of directors is 1.3 years and 5.3 years respectively.
Key information
Viggo Nordbakk
Chief executive officer
€230.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 25.6yrs |
| CEO ownership | 26.1% |
| Management average tenure | 1.3yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -€573k |
| Mar 31 2024 | n/a | n/a | -€518k |
| Dec 31 2023 | €230k | €230k | -€463k |
| Sep 30 2023 | n/a | n/a | -€826k |
| Jun 30 2023 | n/a | n/a | -€1m |
| Mar 31 2023 | n/a | n/a | -€1m |
| Dec 31 2022 | €252k | €252k | -€1m |
| Sep 30 2022 | n/a | n/a | -€1m |
| Jun 30 2022 | n/a | n/a | -€939k |
| Mar 31 2022 | n/a | n/a | -€883k |
| Dec 31 2021 | €253k | €253k | -€827k |
| Sep 30 2021 | n/a | n/a | -€416k |
| Jun 30 2021 | n/a | n/a | -€5k |
| Mar 31 2021 | n/a | n/a | €80k |
| Dec 31 2020 | €308k | €308k | €164k |
| Sep 30 2020 | n/a | n/a | -€310k |
| Jun 30 2020 | n/a | n/a | -€783k |
| Mar 31 2020 | n/a | n/a | -€583k |
| Dec 31 2019 | €318k | €318k | -€383k |
| Sep 30 2019 | n/a | n/a | -€5k |
| Jun 30 2019 | n/a | n/a | €372k |
| Mar 31 2019 | n/a | n/a | €516k |
| Dec 31 2018 | €330k | €330k | €660k |
Compensation vs Market: Viggo's total compensation ($USD237.02K) is below average for companies of similar size in the UK market ($USD347.34K).
Compensation vs Earnings: Viggo's compensation has been consistent with company performance over the past year.
CEO
Viggo Nordbakk
25.6yrs
Tenure
€230,000
Compensation
Mr. Viggo Nordbakk founded NorCom Information Technology GmbH & Co. KGaA (formerly known as NorCom Information Technology AG) in 1989. Mr. Nordbakk has been the Chief Executive Officer at NorCom Verwaltung...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 25.6yrs | €230.00k | 26.07% € 2.0m | |
| MD & COO of NorCom Verwaltungs GmbH | 1.2yrs | €22.00k | no data | |
| Chief Technology Officer | 1.3yrs | no data | no data |
1.3yrs
Average Tenure
Experienced Management: 0QY2's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Deputy Chairman of the Supervisory Board | 7.9yrs | €10.00k | 0.012% € 944.8 | |
| Member of the Supervisory Board | less than a year | no data | no data | |
| Independent Chairman of the Supervisory Board | 5.3yrs | €10.00k | no data |
5.3yrs
Average Tenure
Experienced Board: 0QY2's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 11:58 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
NorCom Information Technology GmbH & Co. KGaA is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Großjohann | BankM AG |
| Robin Brass | Hauck Aufhäuser Investment Banking |