Goodtech Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Margrethe Hauge

Chief executive officer

NOK 4.7m

Total compensation

CEO salary percentage94.9%
CEO tenure3.9yrs
CEO ownershipn/a
Management average tenure3.5yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

Is Goodtech (OB:GOD) Using Too Much Debt?

Dec 09
Is Goodtech (OB:GOD) Using Too Much Debt?

Goodtech ASA's (OB:GOD) 26% Dip In Price Shows Sentiment Is Matching Revenues

Nov 14
Goodtech ASA's (OB:GOD) 26% Dip In Price Shows Sentiment Is Matching Revenues

Impressive Earnings May Not Tell The Whole Story For Goodtech (OB:GOD)

Nov 02
Impressive Earnings May Not Tell The Whole Story For Goodtech (OB:GOD)

Is Now The Time To Put Goodtech (OB:GOD) On Your Watchlist?

Oct 26
Is Now The Time To Put Goodtech (OB:GOD) On Your Watchlist?

Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

Jul 20
Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

Returns On Capital Are Showing Encouraging Signs At Goodtech (OB:GOD)

Apr 11
Returns On Capital Are Showing Encouraging Signs At Goodtech (OB:GOD)

Here's Why Goodtech (OB:GOD) Can Manage Its Debt Responsibly

Feb 24
Here's Why Goodtech (OB:GOD) Can Manage Its Debt Responsibly

We Think Goodtech (OB:GOD) Is Taking Some Risk With Its Debt

Oct 06
We Think Goodtech (OB:GOD) Is Taking Some Risk With Its Debt

Returns At Goodtech (OB:GOD) Are On The Way Up

Jun 13
Returns At Goodtech (OB:GOD) Are On The Way Up

Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

Apr 28
Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

The Return Trends At Goodtech (OB:GOD) Look Promising

Feb 27
The Return Trends At Goodtech (OB:GOD) Look Promising

Goodtech (OB:GOD) Has Debt But No Earnings; Should You Worry?

May 17
Goodtech (OB:GOD) Has Debt But No Earnings; Should You Worry?

We Like These Underlying Return On Capital Trends At Goodtech (OB:GOD)

Jun 14
We Like These Underlying Return On Capital Trends At Goodtech (OB:GOD)

Goodtech ASA (OB:GOD) On The Verge Of Breaking Even

May 09
Goodtech ASA (OB:GOD) On The Verge Of Breaking Even

What Is Goodtech ASA's (OB:GOD) Share Price Doing?

Apr 05
What Is Goodtech ASA's (OB:GOD) Share Price Doing?

Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

Feb 28
Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

CEO Compensation Analysis

How has Margrethe Hauge's remuneration changed compared to Goodtech's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 29m

Jun 30 2024n/an/a

NOK 33m

Mar 31 2024n/an/a

NOK 33m

Dec 31 2023NOK 5mNOK 4m

NOK 29m

Sep 30 2023n/an/a

NOK 1m

Jun 30 2023n/an/a

NOK 2m

Mar 31 2023n/an/a

NOK 1m

Dec 31 2022NOK 4mNOK 4m

-NOK 1m

Sep 30 2022n/an/a

NOK 3m

Jun 30 2022n/an/a

-NOK 2m

Mar 31 2022n/an/a

-NOK 5m

Dec 31 2021NOK 3mNOK 3m

-NOK 10m

Compensation vs Market: Margrethe's total compensation ($USD413.11K) is above average for companies of similar size in the Norwegian market ($USD284.90K).

Compensation vs Earnings: Margrethe's compensation has increased by more than 20% in the past year.


CEO

Margrethe Hauge (53 yo)

3.9yrs

Tenure

NOK 4,680,000

Compensation

Ms. Margrethe Hauge is Chief Executive Officer at Goodtech ASA since January 1, 2021. She has been Regional Managing Director of Nordics & Germany – Oil service technology at MRC Global Inc since 2015. Ms....


Leadership Team

NamePositionTenureCompensationOwnership
Margrethe Hauge
Chief Executive Officer3.9yrsNOK 4.68mno data
Oyvind Osjord
Chief Financial Officer3yrsNOK 2.20mno data
Magne Reierson
Chief Operating Officer7.9yrsNOK 2.02mno data
Magnus Due
Chief Digital Officer3.9yrsNOK 510.00kno data
Erling Olsen
Chief Service Officer2.7yrsNOK 1.81mno data
Stefano Bardellotto
Chief Business Development Officerless than a yearNOK 1.02m0.18%
NOK 507.0k

3.5yrs

Average Tenure

41yo

Average Age

Experienced Management: GOD's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mimi Berdal
Chairman of the Board6.7yrsNOK 510.00kno data
Frode Haugli
Director3.7yrsNOK 260.00kno data
Age Westboe
Director4.7yrsNOK 280.00kno data
Peter Strandberg
Employee Representative Directorno datano datano data
Benedicte Grieg
Directorno datano datano data
Rachid Bendriss
Directorno datano data0.072%
NOK 206.0k
Renate Borlaug
Employee Representative Directorno datano datano data

4.7yrs

Average Tenure

64yo

Average Age

Experienced Board: GOD's board of directors are considered experienced (4.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 21:12
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

Goodtech ASA is covered by 5 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
Arne-Egil RønningBeringer Finance AB
Hakon LevyBeringer Finance AB
Tomas SkeivysNorne Securities AS