Moreld Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
Geir Austigard
Chief executive officer
NOK 12.3m
Total compensation
| CEO salary percentage | 42.16% |
| CEO tenure | 5.3yrs |
| CEO ownership | n/a |
| Management average tenure | 5.3yrs |
| Board average tenure | 1.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -NOK 788m |
| Dec 31 2024 | NOK 12m | NOK 5m | -NOK 883m |
| Dec 31 2023 | NOK 5m | NOK 386k | -NOK 127m |
Compensation vs Market: Geir's total compensation ($USD1.19M) is above average for companies of similar size in the Norwegian market ($USD565.51K).
Compensation vs Earnings: Geir's compensation has increased whilst the company is unprofitable.
CEO
Geir Austigard (56 yo)
5.3yrs
Tenure
NOK 12,307,000
Compensation
Mr. Geir Austigard is Group Chief Executive Officer of Moreld AS from 2025. Mr. Austigard was Chief Executive Officer of Moreld AS since 2020 until 2025. Mr. Austigard served as the Chief Executive Officer...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive Officer | 5.3yrs | NOK 12.31m | no data | |
| CFO & Director | 2.3yrs | NOK 6.90m | no data | |
| Chief Executive Officer of Moreld Apply | no data | NOK 8.85m | no data | |
| Chief Executive Officer of Global Maritime | no data | NOK 7.55m | no data | |
| Chief Executive Officer of Ocean Installer | 14.3yrs | NOK 14.54m | no data | |
| EVP of Ross Offshore | no data | no data | 0.16% NOK 3.9m |
5.3yrs
Average Tenure
48yo
Average Age
Experienced Management: MORLD's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Director | 1.3yrs | NOK 6.90m | no data | |
| Director | 1.3yrs | NOK 544.00k | 0.20% NOK 5.0m | |
| Chairman of the Board | 1.3yrs | NOK 544.00k | 28.56% NOK 707.8m | |
| Director | 1.3yrs | NOK 544.00k | 2% NOK 49.6m | |
| Director | 1.3yrs | NOK 555.00k | no data | |
| Independent Non-Executive Director | 1.3yrs | NOK 555.00k | no data |
1.3yrs
Average Tenure
51yo
Average Age
Experienced Board: MORLD's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 12:51 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Moreld AS is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Magnus Andersen | Fearnley Securities |
| Bård Rosef | Pareto Securities |