Kongsberg Gruppen Management

Management criteria checks 3/4

Kongsberg Gruppen's CEO is Geir Haoy, appointed in Jun 2016, has a tenure of 8.75 years. directly owns 0.028% of the company’s shares, worth NOK76.07M. The average tenure of the management team and the board of directors is 3.2 years and 3.8 years respectively.

Key information

Geir Haoy

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure8.8yrs
CEO ownership0.03%
Management average tenure3.2yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

After Leaping 29% Kongsberg Gruppen ASA (OB:KOG) Shares Are Not Flying Under The Radar

Mar 09
After Leaping 29% Kongsberg Gruppen ASA (OB:KOG) Shares Are Not Flying Under The Radar

We Think Kongsberg Gruppen's (OB:KOG) Robust Earnings Are Conservative

Feb 15
We Think Kongsberg Gruppen's (OB:KOG) Robust Earnings Are Conservative

Kongsberg Gruppen's (OB:KOG) Dividend Will Be Increased To NOK10.00

Feb 11
Kongsberg Gruppen's (OB:KOG) Dividend Will Be Increased To NOK10.00

Why The 25% Return On Capital At Kongsberg Gruppen (OB:KOG) Should Have Your Attention

Feb 04
Why The 25% Return On Capital At Kongsberg Gruppen (OB:KOG) Should Have Your Attention

Is Kongsberg Gruppen (OB:KOG) Using Too Much Debt?

Dec 05
Is Kongsberg Gruppen (OB:KOG) Using Too Much Debt?

Some Confidence Is Lacking In Kongsberg Gruppen ASA's (OB:KOG) P/E

Nov 14
Some Confidence Is Lacking In Kongsberg Gruppen ASA's (OB:KOG) P/E

Kongsberg Gruppen ASA (OB:KOG) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Oct 27
Kongsberg Gruppen ASA (OB:KOG) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

We Ran A Stock Scan For Earnings Growth And Kongsberg Gruppen (OB:KOG) Passed With Ease

Oct 15
We Ran A Stock Scan For Earnings Growth And Kongsberg Gruppen (OB:KOG) Passed With Ease

Kongsberg Gruppen (OB:KOG) Could Become A Multi-Bagger

Sep 30
Kongsberg Gruppen (OB:KOG) Could Become A Multi-Bagger

We Think Kongsberg Gruppen (OB:KOG) Can Manage Its Debt With Ease

Aug 12
We Think Kongsberg Gruppen (OB:KOG) Can Manage Its Debt With Ease

What Kongsberg Gruppen ASA's (OB:KOG) 25% Share Price Gain Is Not Telling You

Jul 25
What Kongsberg Gruppen ASA's (OB:KOG) 25% Share Price Gain Is Not Telling You

Kongsberg Gruppen's (OB:KOG) Earnings Seem To Be Promising

Jul 17
Kongsberg Gruppen's (OB:KOG) Earnings Seem To Be Promising

Earnings Beat: Kongsberg Gruppen ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Jul 14
Earnings Beat: Kongsberg Gruppen ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Here's Why Kongsberg Gruppen (OB:KOG) Has Caught The Eye Of Investors

Jul 05
Here's Why Kongsberg Gruppen (OB:KOG) Has Caught The Eye Of Investors

We Think Kongsberg Gruppen (OB:KOG) Might Have The DNA Of A Multi-Bagger

Jun 20
We Think Kongsberg Gruppen (OB:KOG) Might Have The DNA Of A Multi-Bagger

Is Kongsberg Gruppen ASA (OB:KOG) Worth kr893 Based On Its Intrinsic Value?

Jun 06
Is Kongsberg Gruppen ASA (OB:KOG) Worth kr893 Based On Its Intrinsic Value?

Kongsberg Gruppen ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

May 03
Kongsberg Gruppen ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Is Kongsberg Gruppen (OB:KOG) A Risky Investment?

Apr 21
Is Kongsberg Gruppen (OB:KOG) A Risky Investment?

CEO Compensation Analysis

How has Geir Haoy's remuneration changed compared to Kongsberg Gruppen's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

NOK 5b

Sep 30 2024n/an/a

NOK 5b

Jun 30 2024n/an/a

NOK 5b

Mar 31 2024n/an/a

NOK 4b

Dec 31 2023n/an/a

NOK 4b

Sep 30 2023n/an/a

NOK 4b

Jun 30 2023n/an/a

NOK 3b

Mar 31 2023n/an/a

NOK 3b

Dec 31 2022NOK 12mNOK 6m

NOK 3b

Sep 30 2022n/an/a

NOK 2b

Jun 30 2022n/an/a

NOK 2b

Mar 31 2022n/an/a

NOK 2b

Dec 31 2021NOK 11mNOK 6m

NOK 2b

Sep 30 2021n/an/a

NOK 2b

Jun 30 2021n/an/a

NOK 2b

Mar 31 2021n/an/a

NOK 2b

Dec 31 2020NOK 11mNOK 6m

NOK 1b

Sep 30 2020n/an/a

NOK 1b

Jun 30 2020n/an/a

NOK 850m

Mar 31 2020n/an/a

NOK 625m

Dec 31 2019NOK 10mNOK 6m

NOK 580m

Sep 30 2019n/an/a

NOK 588m

Jun 30 2019n/an/a

NOK 676m

Mar 31 2019n/an/a

NOK 728m

Dec 31 2018NOK 9mNOK 5m

NOK 701m

Compensation vs Market: Insufficient data to establish whether Geir's total compensation is reasonable compared to companies of similar size in the Norwegian market.

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


CEO

Geir Haoy (58 yo)

8.8yrs

Tenure

NOK 11,546,000

Compensation

Mr. Geir Håøy has been the Chief Executive Officer and President of Kongsberg Gruppen ASA since June, 2016. Mr. Håøy Joined Kongsberg Gruppen ASA in June 1993. He has been the Chief Executive Officer of K...


Leadership Team

NamePositionTenureCompensationOwnership
Geir Haoy
President & CEO8.8yrsNOK 11.55m0.028%
NOK 76.1m
Christian Karde
Group Executive VP4.5yrsNOK 4.21m0.0029%
NOK 8.0m
Iver Olerud
Group Executive Vice President of Corporate Development1.4yrsNOK 4.53m0.0050%
NOK 13.8m
Eirik Lie
Executive VP of Kongsberg and President of Kongsberg Defense & Aerospace8.6yrsNOK 6.49m0.010%
NOK 28.2m
Even Aas
Group Executive Vice President Public Affairs & Communicationless than a yearNOK 4.63m0.015%
NOK 42.3m
Lisa Haugan
Executive VP of Kongsberg & President of Kongsberg Maritime3.2yrsNOK 3.94m0.0049%
NOK 13.5m
Mette Bjorgen
CFO & Group Executive VP1.9yrsno datano data
Kristin Barkost
Vice President of Accounting15.2yrsno datano data
Jan Erik Hoff
Group Vice President of Investor Relationsno datano datano data
Ronny Lie
Chief Communication Officerno datano datano data
Martin Fjell
Executive VP of Kongsberg & President of Kongsberg Discovery2.2yrsno data0.0038%
NOK 10.6m

3.2yrs

Average Tenure

57yo

Average Age

Experienced Management: KOG's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eivind Reiten
Independent Chairman7.9yrsNOK 657.30k0.0022%
NOK 6.1m
Per Sørlie
Director5.8yrsNOK 397.67k0.0019%
NOK 5.3m
Kristin Faerovik
Director1.8yrsno datano data
Morten Henriksen
Independent Director11.8yrsNOK 421.67k0.0028%
NOK 7.8m
Ole Svarva
Deputy Directorno datano datano data
Merete Bull
Director3.8yrsNOK 287.33kno data
Jo Bjerknes
Employee Representative Director3.8yrsNOK 287.33kno data
Rune Fanoy
Employee Representative Director3.8yrsNOK 336.93k0.00016%
NOK 442.4k
Oda Ellingsen
Employee Representative Director3.8yrsNOK 397.67k0.00082%
NOK 2.3m
Kjersti Rod
Director1.8yrsNOK 63.93k0.0012%
NOK 3.2m
Ivar-Andre Ihle
Deputy Member of the Boardno dataNOK 12.70k0.00060%
NOK 1.7m

3.8yrs

Average Tenure

56yo

Average Age

Experienced Board: KOG's board of directors are considered experienced (3.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/23 05:50
End of Day Share Price 2025/03/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

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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 Github.

Analyst Sources

Kongsberg Gruppen ASA is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Kenneth SivertsenArctic Securities ASA
Ivar Lemmechen GjulBeringer Finance AB