Magnora ASA

LSE:0MHQ Stock Report

Market Cap: NOK 1.6b

Magnora Management

Management criteria checks 1/4

Magnora's CEO is Erik Sneve, appointed in Apr 2019, has a tenure of 7.42 years. total yearly compensation is NOK7.58M, comprised of 49.9% salary and 50.1% bonuses, including company stock and options. directly owns 1.64% of the company’s shares, worth NOK26.46M. The average tenure of the management team and the board of directors is 1.7 years and 0.3 years respectively.

Key information

Erik Sneve

Chief executive officer

NOK 7.6m

Total compensation

CEO salary percentage49.95%
CEO tenure7.4yrs
CEO ownership1.6%
Management average tenure1.7yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Erik Sneve's remuneration changed compared to Magnora's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

-NOK 74m

Mar 31 2026n/an/a

-NOK 64m

Dec 31 2025NOK 8mNOK 4m

NOK 20m

Sep 30 2025n/an/a

-NOK 13m

Jun 30 2025n/an/a

NOK 240m

Mar 31 2025n/an/a

NOK 322m

Dec 31 2024NOK 7mNOK 4m

NOK 278m

Sep 30 2024n/an/a

NOK 283m

Jun 30 2024n/an/a

NOK 27m

Mar 31 2024n/an/a

NOK 177m

Dec 31 2023NOK 7mNOK 3m

NOK 187m

Sep 30 2023n/an/a

NOK 256m

Jun 30 2023n/an/a

NOK 259m

Mar 31 2023n/an/a

NOK 38m

Dec 31 2022NOK 5mNOK 2m

NOK 13m

Sep 30 2022n/an/a

-NOK 71m

Jun 30 2022n/an/a

-NOK 71m

Mar 31 2022n/an/a

-NOK 73m

Dec 31 2021NOK 5mNOK 2m

-NOK 63m

Sep 30 2021n/an/a

-NOK 27m

Jun 30 2021n/an/a

-NOK 4m

Mar 31 2021n/an/a

NOK 18m

Dec 31 2020NOK 5mNOK 2m

NOK 29m

Sep 30 2020n/an/a

NOK 27m

Jun 30 2020n/an/a

NOK 25m

Mar 31 2020n/an/a

NOK 15m

Dec 31 2019NOK 2mNOK 2m

NOK 20m

Compensation vs Market: Erik's total compensation ($USD823.97K) is about average for companies of similar size in the UK market ($USD817.79K).

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

CEO

Erik Sneve

7.4yrs
Tenure
NOK 7,582,000
Compensation

Mr. Erik Daylemani Sneve serves as the Chairman of Hermana Holding ASA. He is Chief Executive Officer of Magnora ASA since April 16, 2019. Mr. Sneve was Acting Chief Executive Officer of Magnora ASA from A...

Leadership Team

NamePositionTenureCompensationOwnership
Erik Sneve
Chief Executive Officer7.4yrsNOK 7.58m1.64%
NOK 26.5m
Bard Olsen
Chief Financial Officer7yrsNOK 3.94m0.16%
NOK 2.6m
Hannah Hoydal
Investment Managerno datano data0.0029%
NOK 46.3k
Kaja Kraft
Group Accountantless than a yearno datano data
Trond Gartner
Senior Vice President of Business Development4.9yrsno datano data
Espen Erdal
Senior Vice President of Projects & Transactions1.7yrsno datano data
Emilie Brackman
VP of Offshore Wind & CEO of Magnora Offshore Windno datano datano data
Morten Strømgren
SVP of Ownership & Investments1.5yrsno data0.014%
NOK 223.5k
Punky Ring
Group Controller1.7yrsno datano data
1.7yrs
Average Tenure

Experienced Management: 0MHQ's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Lars Schedin
Directorless than a yearno datano data
John Hamilton
Chairman7.8yrsNOK 355.00k0.047%
NOK 756.3k
Hilde Adland
Director8.3yrsNOK 453.00k0.054%
NOK 871.9k
Jean-François Berche
Directorless than a yearno datano data
Hilde Hukkelberg
Directorless than a yearno datano data
0.3yrs
Average Tenure

Experienced Board: 0MHQ's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/09 09:33
End of Day Share Price 2026/09/09 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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

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 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

Magnora ASA is covered by 10 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
Chr. Frederik LundeCarnegie Investment Bank AB
Jørgen LandeDanske Bank
Eirik MathisenDNB Carnegie