Festi hf Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Asta Fjeldsted
Chief executive officer
ISK 79.2m
Total compensation
| CEO salary percentage | 74.3% |
| CEO tenure | 2.4yrs |
| CEO ownership | n/a |
| Management average tenure | 1.7yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
Subdued Growth No Barrier To Festi hf. (ICE:FESTI) With Shares Advancing 27%
Nov 19
Is Festi hf (ICE:FESTI) A Risky Investment?
May 09Does Festi hf (ICE:FESTI) Have A Healthy Balance Sheet?
Sep 23Festi hf (ICE:FESTI) Is Increasing Its Dividend To Kr5.00
Mar 02Is Now The Time To Put Festi hf (ICE:FESTI) On Your Watchlist?
Oct 02How Does Festi hf. (ICE:FESTI) Fare As A Dividend Stock?
May 03Does Festi hf (ICE:FESTI) Have A Healthy Balance Sheet?
Apr 07Festi hf. (ICE:FESTI) Will Pay A Kr3.00 Dividend In Two Days
Mar 18Festi hf. (ICE:FESTI) Delivered A Weaker ROE Than Its Industry
Mar 03The Trends At Festi hf (ICE:FESTI) That You Should Know About
Feb 15What Type Of Shareholders Own The Most Number of Festi hf. (ICE:FESTI) Shares?
Feb 02Festi hf. (ICE:FESTI) Has Got What It Takes To Be An Attractive Dividend Stock
Jan 20Here's Why Festi hf (ICE:FESTI) Has A Meaningful Debt Burden
Jan 04
Festi hf (ICE:FESTI) Has Rewarded Shareholders With An Exceptional 304% Total Return On Their Investment
Dec 22Does Festi hf's (ICE:FESTI) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 07Is Festi hf.'s (ICE:FESTI) 8.3% ROE Worse Than Average?
Nov 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | ISK 79m | ISK 59m | ISK 4b |
| Sep 30 2024 | n/a | n/a | ISK 4b |
| Jun 30 2024 | n/a | n/a | ISK 4b |
| Mar 31 2024 | n/a | n/a | ISK 4b |
| Dec 31 2023 | ISK 74m | ISK 53m | ISK 3b |
| Sep 30 2023 | n/a | n/a | ISK 3b |
| Jun 30 2023 | n/a | n/a | ISK 3b |
| Mar 31 2023 | n/a | n/a | ISK 4b |
| Dec 31 2022 | ISK 53m | ISK 39m | ISK 4b |
Compensation vs Market: Asta's total compensation ($USD563.59K) is about average for companies of similar size in the IS market ($USD579.99K).
Compensation vs Earnings: Asta's compensation has been consistent with company performance over the past year.
CEO
Asta Fjeldsted (42 yo)
2.4yrs
Tenure
ISK 79,234,000
Compensation
Ms. Asta Sigridur Fjeldsted is Acting MD of N1, CEO & Member of Executive Board of Festi hf. from June 27, 2024. Ms. Fjeldsted was CEO & Member of Executive Board of Festi hf.until June 27, 2024. Ms. Fjel...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Acting MD of N1 | 2.4yrs | ISK 79.23m | no data | |
| CFO, COO & Member of Executive Board | 5.1yrs | no data | no data | |
| CEO of ELKO & Member of Executive Board | no data | no data | no data | |
| CEO of Krónan & Member of Executive Board | no data | no data | no data | |
| CEO of Yrkir eignir & Member of Executive Board | no data | no data | no data | |
| CEO of Bakkinn vöruhótel & Member of Executive Board | no data | no data | no data | |
| CEO of Lyfja & Member of Executive Board | less than a year | no data | no data | |
| Human Resource Manager | less than a year | no data | no data | |
| Head of Strategic Planning in the CEO's Office | 1.7yrs | no data | no data |
1.7yrs
Average Tenure
43.5yo
Average Age
Experienced Management: FESTI's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.6yrs | ISK 7.34m | no data | |
| Independent Chairman of the Board | 11.1yrs | ISK 12.05m | no data | |
| Independent Director | 14.1yrs | ISK 5.95m | no data | |
| Independent Vice Chairman | 2.6yrs | ISK 8.88m | no data | |
| Independent Director | less than a year | ISK 5.26m | no data |
2.6yrs
Average Tenure
61yo
Average Age
Experienced Board: FESTI's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 11:31 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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* 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 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
Festi hf. is covered by 0 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.