Sogn Sparebank

OB:SOGN Stock Report

Market Cap: NOK 148.0m

Sogn Sparebank Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Mads Indrehus

Chief executive officer

NOK 2.3m

Total compensation

CEO salary percentage80.7%
CEO tenure5.7yrs
CEO ownershipn/a
Management average tenure1.7yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

This Broker Just Slashed Their Sogn Sparebank (OB:SOGN) Earnings Forecasts

Feb 29
This Broker Just Slashed Their Sogn Sparebank (OB:SOGN) Earnings Forecasts

This Analyst Just Made A Neat Upgrade To Their Sogn Sparebank (OB:SOGN) Earnings Forecasts

Nov 20
This Analyst Just Made A Neat Upgrade To Their Sogn Sparebank (OB:SOGN) Earnings Forecasts

Does Sogn Sparebank (OB:SOGN) Deserve A Spot On Your Watchlist?

Mar 09
Does Sogn Sparebank (OB:SOGN) Deserve A Spot On Your Watchlist?

Does Sogn Sparebank (OB:SOGN) Deserve A Spot On Your Watchlist?

Nov 10
Does Sogn Sparebank (OB:SOGN) Deserve A Spot On Your Watchlist?

The Sogn Sparebank (OB:SOGN) Analyst Just Cut Their Revenue Forecast By 24%

Feb 14
The Sogn Sparebank (OB:SOGN) Analyst Just Cut Their Revenue Forecast By 24%

Should You Buy Sogn Sparebank (OB:SOGN) For Its 2.9% Dividend?

Dec 15
Should You Buy Sogn Sparebank (OB:SOGN) For Its 2.9% Dividend?

CEO Compensation Analysis

How has Mads Indrehus's remuneration changed compared to Sogn Sparebank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 14m

Jun 30 2024n/an/a

NOK 25m

Mar 31 2024n/an/a

NOK 11m

Dec 31 2023NOK 2mNOK 2m

NOK 11m

Sep 30 2023n/an/a

NOK 11m

Jun 30 2023n/an/a

NOK 10m

Mar 31 2023n/an/a

NOK 10m

Dec 31 2022NOK 2mNOK 2m

NOK 9m

Sep 30 2022n/an/a

NOK 8m

Jun 30 2022n/an/a

NOK 8m

Mar 31 2022n/an/a

NOK 7m

Dec 31 2021NOK 2mNOK 2m

NOK 7m

Sep 30 2021n/an/a

NOK 6m

Jun 30 2021n/an/a

NOK 6m

Mar 31 2021n/an/a

NOK 6m

Dec 31 2020NOK 2mNOK 2m

NOK 4m

Sep 30 2020n/an/a

NOK 3m

Jun 30 2020n/an/a

NOK 3m

Mar 31 2020n/an/a

NOK 2m

Dec 31 2019NOK 2mNOK 1m

NOK 4m

Compensation vs Market: Mads's total compensation ($USD201.79K) is about average for companies of similar size in the Norwegian market ($USD283.79K).

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

CEO

Mads Indrehus (57 yo)

5.7yrs

Tenure

NOK 2,286,000

Compensation

Mr. Mads Arnfinn Indrehus serves as Chief Executive Officer at Sogn Sparebank since April 1, 2019. Mr. Indrehus serves as Director at Eika Gruppen AS. until 2020.

Leadership Team

NamePositionTenureCompensationOwnership
Mads Indrehus
Chief Executive Officer5.7yrsNOK 2.29mno data
Gunnar Skahjem
Assistant Bank Manager & Head of Finance and Operations2.9yrsNOK 1.52mno data
Ingeborg Indrelid
Head of Staff & Compliance1.5yrsno datano data
Ragnhild Tofastrud
Head of Communications & Customer Experiencesno datano datano data
Bjarte Bo
Credit Officerless than a yearno datano data
Alexander Dvergsdal
Head of Personal & Corporate Marketsless than a yearno datano data
Janne Skilbrei
Controller1.9yrsno datano data
Karin Vikane
Special Adviserno dataNOK 930.00kno data
Olaug Skjerdal
General Assembly Memberno datano datano data
Rune Vikøren
General Assembly Memberno datano datano data
Hanne Smedegård
General Assembly Memberno datano datano data
Frode Hågvar
General Assembly Memberno datano datano data

1.7yrs

Average Tenure

46yo

Average Age

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

Board Members

NamePositionTenureCompensationOwnership
Martin Andersen
Chairman of Board of Trusteesno datano datano data
Kirsti Eklund
Chairman of Board of Trusteesno datano datano data
Olav Vikøren
Board Member5.7yrsNOK 158.00kno data
Marianne Sundal
Employee Representative Board Member4.9yrsNOK 105.00kno data
Sindre Wergeland
Vice Chairman of the Board3.6yrsNOK 171.00kno data
Grete Hjetland
Director2.6yrsNOK 66.00kno data
Kare Lysne
Director2.6yrsNOK 66.00kno data
Halvor Larsen
Employee Representative Director2.6yrsNOK 105.00kno data
Vibeke Rinde
Deputy Director3.9yrsno datano data
Marit Eldegard
Director1.6yrsNOK 144.00kno data
Atle Terum
Chairman of the Board1.6yrsNOK 96.00kno data
Marit Lokkebo
Directorless than a yearno datano data

2.6yrs

Average Tenure

58.5yo

Average Age

Experienced Board: SOGN's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 19:35
End of Day Share Price 2024/12/23 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

Sogn 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.

AnalystInstitution
Žilvinas JusaitisNorne Securities AS
Vegard ToverudPareto Securities