Kraft Bank ASA

OB:KRAB Stock Report

Market Cap: NOK 357.0m

Kraft Bank Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Svein Forland

Chief executive officer

NOK 2.5m

Total compensation

CEO salary percentage95.0%
CEO tenure6.8yrs
CEO ownership2.4%
Management average tenure6.8yrs
Board average tenureno data

Recent management updates

Kraft Bank ASA's (OB:KRAB) CEO Will Probably Find It Hard To See A Huge Raise This Year

Mar 02
Kraft Bank ASA's (OB:KRAB) CEO Will Probably Find It Hard To See A Huge Raise This Year

Recent updates

Kraft Bank ASA's (OB:KRAB) CEO Will Probably Find It Hard To See A Huge Raise This Year

Mar 02
Kraft Bank ASA's (OB:KRAB) CEO Will Probably Find It Hard To See A Huge Raise This Year

Should You Be Adding Kraft Bank (OB:KRAB) To Your Watchlist Today?

Feb 07
Should You Be Adding Kraft Bank (OB:KRAB) To Your Watchlist Today?

Did Kraft Bank's (OB:KRAB) Share Price Deserve to Gain 21%?

Dec 11
Did Kraft Bank's (OB:KRAB) Share Price Deserve to Gain 21%?

CEO Compensation Analysis

How has Svein Forland's remuneration changed compared to Kraft Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 20m

Jun 30 2024n/an/a

NOK 20m

Mar 31 2024n/an/a

NOK 34m

Dec 31 2023NOK 2mNOK 2m

NOK 42m

Sep 30 2023n/an/a

NOK 50m

Jun 30 2023n/an/a

NOK 50m

Mar 31 2023n/an/a

NOK 47m

Dec 31 2022NOK 3mNOK 2m

NOK 46m

Sep 30 2022n/an/a

NOK 48m

Jun 30 2022n/an/a

NOK 51m

Mar 31 2022n/an/a

NOK 48m

Dec 31 2021NOK 3mNOK 2m

NOK 46m

Sep 30 2021n/an/a

NOK 44m

Jun 30 2021n/an/a

NOK 36m

Mar 31 2021n/an/a

NOK 33m

Dec 31 2020NOK 3mNOK 2m

NOK 27m

Sep 30 2020n/an/a

NOK 24m

Jun 30 2020n/an/a

NOK 21m

Mar 31 2020n/an/a

NOK 13m

Dec 31 2019NOK 2mNOK 2m

NOK 8m

Sep 30 2019n/an/a

-NOK 724k

Jun 30 2019n/an/a

-NOK 8m

Mar 31 2019n/an/a

-NOK 10m

Dec 31 2018NOK 2mNOK 1m

-NOK 11m

Compensation vs Market: Svein's total compensation ($USD216.86K) is about average for companies of similar size in the Norwegian market ($USD284.78K).

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

CEO

Svein Forland (55 yo)

6.8yrs

Tenure

NOK 2,456,795

Compensation

Mr. Svein Ivar Førland serves as Chief Executive Officer of Kraft Bank ASA since March 1, 2018 and serves as its General Manager. He served as Adm. Manager at Kraft Bank ASA.Mr. Førland served as the Chie...

Leadership Team

NamePositionTenureCompensationOwnership
Svein Forland
CEO & GM6.8yrsNOK 2.46m2.38%
NOK 8.5m
Ole Olsnes
Chief Financial Officer6.8yrsNOK 1.80mno data
Sune Madland
Chief Executive Officer of Customers and Marketno dataNOK 2.03mno data
Sylvi Maldal
Employee Representative Board Member & Director of Business Development and Supportless than a yearNOK 200.00kno data

6.8yrs

Average Tenure

Experienced Management: KRAB's management team is seasoned and experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

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 .

Analyst Sources

Kraft Bank 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
Vegard ToverudPareto Securities