Moreld ASA

OB:MORLD Stock Report

Market Cap: NOK 3.4b

Moreld Management

Management criteria checks 2/4

Moreld's CEO is Geir Austigard, appointed in Jan 2020, has a tenure of 6.5 years. total yearly compensation is NOK9.81M, comprised of 55.7% salary and 44.3% bonuses, including company stock and options. directly owns 2.72% of the company’s shares, worth NOK91.70M. The average tenure of the management team and the board of directors is 3.7 years and 2.5 years respectively.

Key information

Geir Austigard

Chief executive officer

NOK 9.8m

Total compensation

CEO salary percentage55.73%
CEO tenure6.5yrs
CEO ownership2.7%
Management average tenure3.7yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

Analysis Article • May 11

kr23.50 - That's What Analysts Think Moreld ASA (OB:MORLD) Is Worth After These Results

It's shaping up to be a tough period for Moreld ASA ( OB:MORLD ), which a week ago released some disappointing...
Analysis Article • Oct 06

We Think Moreld (OB:MORLD) Can Stay On Top Of Its Debt

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

CEO Compensation Analysis

How has Geir Austigard's remuneration changed compared to Moreld's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

NOK 62m

Dec 31 2025NOK 10mNOK 5m

NOK 285m

Sep 30 2025n/an/a

-NOK 392m

Jun 30 2025n/an/a

-NOK 313m

Mar 31 2025n/an/a

-NOK 788m

Dec 31 2024NOK 12mNOK 5m

-NOK 883m

Dec 31 2023NOK 5mNOK 386k

-NOK 127m

Compensation vs Market: Geir's total compensation ($USD997.58K) is above average for companies of similar size in the Norwegian market ($USD652.66K).

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

CEO

Geir Austigard (58 yo)

6.5yrs
Tenure
NOK 9,809,000
Compensation

Mr. Geir Austigard has been the Chief Executive Officer of Moreld ASA since 2020. Mr. Austigard is Group Chief Executive Officer of Moreld AS from 2025. Mr. Austigard served as the Chief Executive Officer...

Leadership Team

NamePositionTenureCompensationOwnership
Geir Austigard
Chief Executive Officer6.5yrsNOK 9.81m2.72%
NOK 91.7m
Trond Rosnes
Chief Financial Officer3.5yrsNOK 7.29m1.39%
NOK 46.9m
Karsten Gudmundset
Chief Executive Officer of Moreld Applyno dataNOK 5.53m0.55%
NOK 18.5m
Jonathan Logan
Chief Executive Officer of Global Maritimeno dataNOK 3.99m0.16%
NOK 5.3m
Kevin Murphy
Chief Executive Officer of Ocean Installer3.7yrsNOK 11.02m1.55%
NOK 52.2m
Jorgen Jorgensen
EVP of Ross Offshoreno datano data0.19%
NOK 6.5m
3.7yrs
Average Tenure
46yo
Average Age

Experienced Management: MORLD's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ole Slorer
Independent Director2.5yrsNOK 512.00k0.20%
NOK 6.6m
Julian McIntyre
Chairman of the Board2.5yrsNOK 512.00kno data
Mark Dickinson
Director2.5yrsNOK 512.00kno data
Grethe Moen
Independent Director1.2yrsNOK 297.00kno data
Sian Reese
Independent Director1.2yrsNOK 297.00kno data
2.5yrs
Average Tenure
62yo
Average Age

Experienced Board: MORLD's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 14:27
End of Day Share Price 2026/07/03 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

Moreld ASA is covered by 3 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.

AnalystInstitution
Magnus AndersenFearnley Securities
Børge BakkeFearnley Securities
Bård RosefPareto Securities