AKVA group ASA

OB:AKVA Stock Report

Market Cap: NOK 2.5b

AKVA group Management

Management criteria checks 4/4

AKVA group's CEO is Knut Nesse, appointed in Nov 2019, has a tenure of 5.08 years. total yearly compensation is NOK6.06M, comprised of 96.5% salary and 3.5% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth NOK13.25M. The average tenure of the management team and the board of directors is 2.8 years and 3.4 years respectively.

Key information

Knut Nesse

Chief executive officer

NOK 6.1m

Total compensation

CEO salary percentage96.5%
CEO tenure5.1yrs
CEO ownership0.5%
Management average tenure2.8yrs
Board average tenure3.4yrs

Recent management updates

We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed

Apr 26
We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed

Recent updates

Why Investors Shouldn't Be Surprised By AKVA group ASA's (OB:AKVA) 25% Share Price Plunge

Sep 13
Why Investors Shouldn't Be Surprised By AKVA group ASA's (OB:AKVA) 25% Share Price Plunge

AKVA group (OB:AKVA) Will Be Looking To Turn Around Its Returns

Aug 10
AKVA group (OB:AKVA) Will Be Looking To Turn Around Its Returns

We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed

Apr 26
We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed

Subdued Growth No Barrier To AKVA group ASA (OB:AKVA) With Shares Advancing 27%

Mar 15
Subdued Growth No Barrier To AKVA group ASA (OB:AKVA) With Shares Advancing 27%

Returns On Capital Signal Tricky Times Ahead For AKVA group (OB:AKVA)

Jan 10
Returns On Capital Signal Tricky Times Ahead For AKVA group (OB:AKVA)

We Think AKVA group (OB:AKVA) Has A Fair Chunk Of Debt

Oct 03
We Think AKVA group (OB:AKVA) Has A Fair Chunk Of Debt

Investors Who Bought AKVA Group (OB:AKVA) Shares Five Years Ago Are Now Up 74%

Dec 21
Investors Who Bought AKVA Group (OB:AKVA) Shares Five Years Ago Are Now Up 74%

CEO Compensation Analysis

How has Knut Nesse's remuneration changed compared to AKVA group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 84m

Jun 30 2024n/an/a

-NOK 7m

Mar 31 2024n/an/a

-NOK 13m

Dec 31 2023NOK 6mNOK 6m

-NOK 18m

Sep 30 2023n/an/a

-NOK 20m

Jun 30 2023n/an/a

-NOK 109m

Mar 31 2023n/an/a

-NOK 171m

Dec 31 2022NOK 3mNOK 3m

-NOK 131m

Sep 30 2022n/an/a

-NOK 88m

Jun 30 2022n/an/a

NOK 19m

Mar 31 2022n/an/a

NOK 76m

Dec 31 2021NOK 3mNOK 3m

NOK 11m

Sep 30 2021n/an/a

NOK 13m

Jun 30 2021n/an/a

NOK 35m

Mar 31 2021n/an/a

NOK 45m

Dec 31 2020NOK 6mNOK 3m

NOK 91m

Sep 30 2020n/an/a

-NOK 2m

Jun 30 2020n/an/a

NOK 4m

Mar 31 2020n/an/a

NOK 7m

Dec 31 2019NOK 3mNOK 444k

NOK 15m

Compensation vs Market: Knut's total compensation ($USD534.74K) is about average for companies of similar size in the Norwegian market ($USD535.01K).

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

CEO

Knut Nesse (57 yo)

5.1yrs

Tenure

NOK 6,061,000

Compensation

Mr. Knut Nesse served as a Member of the Board at Nordic Halibut AS until 2022. He was Chairman of the Board at Desert Control AS since 2019 until October 2024. He serves as Chief Executive Officer of AKVA...

Leadership Team

NamePositionTenureCompensationOwnership
Knut Nesse
Chief Executive Officer5.1yrsNOK 6.06m0.54%
NOK 13.3m
Ronny Meinkoehn
Group Chief Financial Officer4.3yrsNOK 3.82m0.065%
NOK 1.6m
Stale Okland
Group Director of Communications & Sustainability2.8yrsNOK 2.27m0.029%
NOK 713.2k
Maren Sunde
Group HR Director2.5yrsNOK 2.15m0.029%
NOK 713.2k
Johan Gjesdal
Chief Operating Officer of Land Based4.2yrsNOK 2.79m0.034%
NOK 828.9k
Asle Bratteli
Chief Digital Officer3.9yrsNOK 2.97m0.029%
NOK 713.2k
Glenn Mo
Chief Operating Officer Egersund Net2.5yrsNOK 3.52m0.029%
NOK 713.2k
Kristian Botnen
Chief Operating Officer of Sea Based Nordic2.3yrsNOK 2.37m0.032%
NOK 797.9k
Stig Forre
COO of Sea Based International1.4yrsNOK 1.16m0.015%
NOK 364.8k

2.8yrs

Average Tenure

51.5yo

Average Age

Experienced Management: AKVA's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Yoav Doppelt
Director3.2yrsNOK 210.00kno data
Frode Teigen
Director15.5yrsNOK 210.00kno data
Heidi Flikka
Independent Director3.6yrsNOK 210.00kno data
Hans Mong
Independent Chairperson12.6yrsNOK 345.00kno data
Odd Haland
Employee Representative Director2.1yrsNOK 53.00kno data
John Kristiansen
Employee Representative Director2.1yrsNOK 53.00kno data
Kristin Huseboe
Independent Deputy Chairperson5.6yrsNOK 229.00k0.0033%
NOK 81.2k
Tore Rasmussen
Independent Director3.6yrsNOK 210.00k0.041%
NOK 1.0m
Irene Lauvsnes
Independent Director3.2yrsNOK 210.00kno data
Alexander Myklebust
Deputy Member of the Boardno datano datano data
Mona Skadberg
Employee Representative Directorless than a yearno datano data

3.4yrs

Average Tenure

57.5yo

Average Age

Experienced Board: AKVA's board of directors are considered experienced (3.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 17:04
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

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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

AKVA group ASA is covered by 6 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
Knut LøvstadBeringer Finance AB
Ola TrovatnDNB Markets
Mindaugas CekanaviciusNorne Securities AS