Goodtech ASA

OB:GOD Stock Report

Market Cap: NOK 388.1m

Goodtech Management

Management criteria checks 2/4

Goodtech's CEO is Margrethe Hauge, appointed in Jan 2021, has a tenure of 5.42 years. total yearly compensation is NOK7.12M, comprised of 72.8% salary and 27.2% bonuses, including company stock and options. directly owns 1.24% of the company’s shares, worth NOK4.81M. The average tenure of the management team and the board of directors is 4.2 years and 3.7 years respectively.

Key information

Margrethe Hauge

Chief executive officer

NOK 7.1m

Total compensation

CEO salary percentage72.75%
CEO tenure5.4yrs
CEO ownership1.2%
Management average tenure4.2yrs
Board average tenure3.7yrs

Recent management updates

Analysis Article Apr 18

Shareholders Will Probably Not Have Any Issues With Goodtech ASA's (OB:GOD) CEO Compensation

Key Insights Goodtech will host its Annual General Meeting on 24th of April Total pay for CEO Margrethe Hauge includes...

Recent updates

Analysis Article May 15

We Like Goodtech's (OB:GOD) Earnings For More Than Just Statutory Profit

Goodtech ASA's ( OB:GOD ) solid earnings announcement recently didn't do much to the stock price. We did some analysis...
New Narrative May 09

Automation And Service Expansion Will Support A Stronger Long Term Earnings Profile

Catalysts About Goodtech Goodtech delivers automation, digitalization and system integration solutions for industrial and process industry customers. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 14

What Goodtech ASA's (OB:GOD) P/E Is Not Telling You

Goodtech ASA's ( OB:GOD ) price-to-earnings (or "P/E") ratio of 17.9x might make it look like a sell right now compared...
Analysis Article Dec 18

Goodtech (OB:GOD) Is Looking To Continue Growing Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article Nov 13

There May Be Some Bright Spots In Goodtech's (OB:GOD) Earnings

Goodtech ASA's ( OB:GOD ) stock was strong despite it releasing a soft earnings report last week. We think that...
Analysis Article Nov 01

Pinning Down Goodtech ASA's (OB:GOD) P/E Is Difficult Right Now

When close to half the companies in Norway have price-to-earnings ratios (or "P/E's") below 12x, you may consider...
Analysis Article May 14

Goodtech's (OB:GOD) Conservative Accounting Might Explain Soft Earnings

Goodtech ASA's ( OB:GOD ) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed...
Analysis Article Apr 18

Shareholders Will Probably Not Have Any Issues With Goodtech ASA's (OB:GOD) CEO Compensation

Key Insights Goodtech will host its Annual General Meeting on 24th of April Total pay for CEO Margrethe Hauge includes...
Analysis Article Dec 09

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Nov 14

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

The Goodtech ASA ( OB:GOD ) share price has fared very poorly over the last month, falling by a substantial 26%. The...
Analysis Article Nov 02

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

Investors were disappointed with Goodtech ASA's ( OB:GOD ) earnings, despite the strong profit numbers. We think that...
Analysis Article Oct 26

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

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jul 20

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Apr 11

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

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Feb 24

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Oct 06

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 13

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

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Apr 28

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Feb 27

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

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article May 17

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

CEO Compensation Analysis

How has Margrethe Hauge's remuneration changed compared to Goodtech's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

NOK 34m

Dec 31 2025NOK 7mNOK 5m

NOK 30m

Sep 30 2025n/an/a

NOK 17m

Jun 30 2025n/an/a

NOK 17m

Mar 31 2025n/an/a

NOK 17m

Dec 31 2024NOK 4mNOK 4m

NOK 16m

Sep 30 2024n/an/a

NOK 20m

Jun 30 2024n/an/a

NOK 14m

Mar 31 2024n/an/a

NOK 11m

Dec 31 2023NOK 5mNOK 4m

NOK 12m

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 ($USD764.60K) is above average for companies of similar size in the Norwegian market ($USD396.57K).

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


CEO

Margrethe Hauge (55 yo)

5.4yrs
Tenure
NOK 7,120,000
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 Officer5.4yrsNOK 7.12m1.24%
NOK 4.8m
Anders Engelsen
Chief Financial Officer1.4yrsNOK 3.13mno data
Magne Reierson
Chief Operating Officer9.4yrsNOK 2.74m0.23%
NOK 880.3k
Erling Olsen
Chief Service Officer4.2yrsNOK 2.30m0.56%
NOK 2.2m
Stefano Bardellotto
Chief Business Development Officer1.8yrsNOK 2.11m0.21%
NOK 798.8k
Johan Håkansson
Director Business Development - Swedenno datano data0.20%
NOK 779.9k
4.2yrs
Average Tenure
52yo
Average Age

Experienced Management: GOD's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mimi Berdal
Chairman of the Board8.2yrsNOK 660.00kno data
Frode Haugli
Director5.2yrsNOK 340.00k0.11%
NOK 410.0k
Age Westbø
Director6.2yrsNOK 360.00k9.31%
NOK 36.2m
Rachid Bendriss
Director2.2yrsNOK 380.00kno data
Benedicte Grieg
Director2.2yrsNOK 320.00kno data
Hakon Sjak-Braek
Employee Representative Director1.2yrsNOK 3.17m0.084%
NOK 326.9k
3.7yrs
Average Tenure
60yo
Average Age

Experienced Board: GOD's board of directors are considered experienced (3.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 16:37
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Goodtech ASA is covered by 4 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
Tomas SkeivysNorne Securities AS
Rytis MikelionisNorne Securities AS
Evelina SarulNorne Securities AS