Scana ASA

OB:SCANA Stock Report

Market Cap: NOK 881.6m

Scana Management

Management criteria checks 0/4

Scana's CEO is Pal Selvik, appointed in Sep 2023, has a tenure of 1.67 years. total yearly compensation is NOK5.10M, comprised of 83.7% salary and 16.3% bonuses, including company stock and options. directly owns 0.032% of the company’s shares, worth NOK286.36K. The average tenure of the management team and the board of directors is 1.7 years and 1.1 years respectively.

Key information

Pal Selvik

Chief executive officer

NOK 5.1m

Total compensation

CEO salary percentage83.7%
CEO tenure1.7yrs
CEO ownership0.03%
Management average tenure1.7yrs
Board average tenure1.1yrs

Recent management updates

Recent updates

Optimistic Investors Push Scana ASA (OB:SCANA) Shares Up 45% But Growth Is Lacking

Sep 03
Optimistic Investors Push Scana ASA (OB:SCANA) Shares Up 45% But Growth Is Lacking

Not Many Are Piling Into Scana ASA (OB:SCANA) Just Yet

Jan 23
Not Many Are Piling Into Scana ASA (OB:SCANA) Just Yet

We Think Scana (OB:SCANA) Has A Fair Chunk Of Debt

Jul 12
We Think Scana (OB:SCANA) Has A Fair Chunk Of Debt

Is Scana (OB:SCANA) Using Debt Sensibly?

Jan 26
Is Scana (OB:SCANA) Using Debt Sensibly?

Health Check: How Prudently Does Scana (OB:SCANA) Use Debt?

Jun 29
Health Check: How Prudently Does Scana (OB:SCANA) Use Debt?

Does Scana (OB:SCANA) Have A Healthy Balance Sheet?

Feb 10
Does Scana (OB:SCANA) Have A Healthy Balance Sheet?

We Think Scana (OB:SCANA) Can Stay On Top Of Its Debt

Nov 04
We Think Scana (OB:SCANA) Can Stay On Top Of Its Debt

Does Scana (OB:SCANA) Have A Healthy Balance Sheet?

Apr 01
Does Scana (OB:SCANA) Have A Healthy Balance Sheet?

Should We Be Delighted With Scana ASA's (OB:SCANA) ROE Of 58%?

Feb 08
Should We Be Delighted With Scana ASA's (OB:SCANA) ROE Of 58%?

We're Not So Sure You Should Rely on Scana's (OB:SCANA) Statutory Earnings

Jan 11
We're Not So Sure You Should Rely on Scana's (OB:SCANA) Statutory Earnings

Here's Why Scana (OB:SCANA) Can Manage Its Debt Responsibly

Dec 15
Here's Why Scana (OB:SCANA) Can Manage Its Debt Responsibly

CEO Compensation Analysis

How has Pal Selvik's remuneration changed compared to Scana's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024NOK 5mNOK 4m

NOK 83m

Sep 30 2024n/an/a

NOK 112m

Jun 30 2024n/an/a

NOK 105m

Mar 31 2024n/an/a

NOK 105m

Dec 31 2023NOK 4mNOK 1m

NOK 72m

Compensation vs Market: Pal's total compensation ($USD492.96K) is above average for companies of similar size in the Norwegian market ($USD338.56K).

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

CEO

Pal Selvik (52 yo)

1.7yrs

Tenure

NOK 5,100,000

Compensation

Mr. Pål Selvik has been Group Chief Financial Officer at GC Rieber AS since August 2008. He served as Chairman of the Board at Scana ASA and serves as its Chief Executive Officer since September 01, 2023....

Leadership Team

NamePositionTenureCompensationOwnership
Pal Selvik
Chief Executive Officer1.7yrsNOK 5.10m0.032%
NOK 286.4k
Morten Riiser
Chief Financial Officerless than a yearno data0.11%
NOK 954.4k
Baste Tveito
Chief Operations Officerno dataNOK 2.68m0.19%
NOK 1.7m
Anette Dybvik
Head of Investor Relations & Communication2.7yrsNOK 1.57m0%
NOK 0
Stian Vikebo
General Counsel1.1yrsNOK 1.50mno data
Tor Skjæveland
Sales and Marketing Directorno datano datano data
Egil Kjeldsen
Head of Scana Valve Control / Scana Skarpenord6.8yrsno datano data
Kjell Ravnås
Controllerno datano datano data

1.7yrs

Average Tenure

47yo

Average Age

Experienced Management: SCANA's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Morten Blix
Director1.9yrsNOK 230.00kno data
Stig Vangen
Chairman of the Boardless than a yearno datano data
Ida Lundh
Directorno dataNOK 300.00kno data
Silje Augustson
Directorless than a yearno datano data
Bjorn Reed
Director2.3yrsNOK 300.00k0.051%
NOK 448.6k

1.1yrs

Average Tenure

50yo

Average Age

Experienced Board: SCANA's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/07 23:47
End of Day Share Price 2025/05/07 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

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

Scana 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
Eirik MathisenDNB Markets
Magnus AndersenFearnley Securities
Jonas JarutisNorne Securities AS