Romsdal Sparebank Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
Odd Sorgaard
Chief executive officer
NOK 218.5k
Total compensation
| CEO salary percentage | 0.7% |
| CEO tenure | 12yrs |
| CEO ownership | n/a |
| Management average tenure | 1.8yrs |
| Board average tenure | no data |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | NOK 23m |
| Jun 30 2024 | n/a | n/a | NOK 21m |
| Mar 31 2024 | n/a | n/a | NOK 18m |
| Dec 31 2023 | NOK 218k | NOK 1k | NOK 17m |
| Sep 30 2023 | n/a | n/a | NOK 20m |
| Jun 30 2023 | n/a | n/a | NOK 20m |
| Mar 31 2023 | n/a | n/a | NOK 19m |
| Dec 31 2022 | NOK 171k | NOK 1k | NOK 17m |
| Sep 30 2022 | n/a | n/a | NOK 18m |
| Jun 30 2022 | n/a | n/a | NOK 17m |
| Mar 31 2022 | n/a | n/a | NOK 16m |
| Dec 31 2021 | NOK 180k | NOK 1k | NOK 16m |
| Sep 30 2021 | n/a | n/a | NOK 12m |
| Jun 30 2021 | n/a | n/a | NOK 16m |
| Mar 31 2021 | n/a | n/a | NOK 23m |
| Dec 31 2020 | NOK 189k | NOK 1k | NOK 9m |
Compensation vs Market: Odd's total compensation ($USD19.18K) is below average for companies of similar size in the Norwegian market ($USD284.92K).
Compensation vs Earnings: Odd's compensation has increased by more than 20% in the past year.
CEO
Odd Sorgaard
12yrs
Tenure
NOK 218,478
Compensation
Odd Kjetil Sorgaard is employed with Romsdal Sparebank (formerly known as Bud, Fræna og Hustad Sparebank)
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 12yrs | NOK 218.48k | no data | |
| CFO & Head of Staff | 2yrs | NOK 897.00k | no data | |
| Manager of Risk & Compliance | no data | NOK 1.08m | no data | |
| Head of Sales & Marketing | 1.5yrs | NOK 603.00k | no data | |
| Assistant Bank Manager & Credit Manager | no data | NOK 191.41k | no data | |
| Accounting and Payroll Manager & Member of General Assembly | no data | no data | no data | |
| Head of Insurance | 3yrs | no data | no data | |
| Member of General Assembly & Head of Customer Service | less than a year | no data | no data | |
| Sustainability Officer | less than a year | no data | no data |
1.8yrs
Average Tenure
Experienced Management: ROMSB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 13:57 |
| End of Day Share Price | 2025/01/09 00:00 |
| Earnings | 2024/09/30 |
| 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 |
|
|
| 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
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
Romsdal Sparebank is covered by 2 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.
| Analyst | Institution |
|---|---|
| Žilvinas Jusaitis | Norne Securities AS |
| Ignas Lekštys | Norne Securities AS |