Zaptec ASA

OB:ZAP Stock Report

Market Cap: NOK 1.2b

Zaptec Management

Management criteria checks 1/4

Zaptec's CEO is Kurt Ostrem, appointed in Oct 2023, has a tenure of 1.33 years. total yearly compensation is NOK4.36M, comprised of 60.6% salary and 39.4% bonuses, including company stock and options. directly owns 1.34% of the company’s shares, worth NOK16.61M. The average tenure of the management team and the board of directors is 1.3 years and 2.3 years respectively.

Key information

Kurt Ostrem

Chief executive officer

NOK 4.4m

Total compensation

CEO salary percentage60.6%
CEO tenure1.3yrs
CEO ownership1.3%
Management average tenure1.3yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

A Piece Of The Puzzle Missing From Zaptec ASA's (OB:ZAP) 33% Share Price Climb

Jan 23
A Piece Of The Puzzle Missing From Zaptec ASA's (OB:ZAP) 33% Share Price Climb

Zaptec ASA (OB:ZAP) Shares Could Be 29% Below Their Intrinsic Value Estimate

Jan 22
Zaptec ASA (OB:ZAP) Shares Could Be 29% Below Their Intrinsic Value Estimate

Brokers Are Upgrading Their Views On Zaptec ASA (OB:ZAP) With These New Forecasts

Nov 24
Brokers Are Upgrading Their Views On Zaptec ASA (OB:ZAP) With These New Forecasts

Zaptec ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Nov 16
Zaptec ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Zaptec (OB:ZAP) Is Reinvesting At Lower Rates Of Return

Nov 13
Zaptec (OB:ZAP) Is Reinvesting At Lower Rates Of Return

Zaptec ASA's (OB:ZAP) Shares Leap 30% Yet They're Still Not Telling The Full Story

Sep 01
Zaptec ASA's (OB:ZAP) Shares Leap 30% Yet They're Still Not Telling The Full Story

Zaptec's (OB:ZAP) Shareholders Should Assess Earnings With Caution

Aug 30
Zaptec's (OB:ZAP) Shareholders Should Assess Earnings With Caution

One Zaptec ASA (OB:ZAP) Analyst Is Reducing Their Forecasts For This Year

May 12
One Zaptec ASA (OB:ZAP) Analyst Is Reducing Their Forecasts For This Year

Take Care Before Jumping Onto Zaptec ASA (OB:ZAP) Even Though It's 26% Cheaper

Mar 05
Take Care Before Jumping Onto Zaptec ASA (OB:ZAP) Even Though It's 26% Cheaper

Zaptec ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 24
Zaptec ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Many Still Looking Away From Zaptec ASA (OB:ZAP)

Dec 21
Many Still Looking Away From Zaptec ASA (OB:ZAP)

One Analyst Thinks Zaptec ASA's (OB:ZAP) Revenues Are Under Threat

Nov 04
One Analyst Thinks Zaptec ASA's (OB:ZAP) Revenues Are Under Threat

Zaptec ASA (OB:ZAP) Could Be Riskier Than It Looks

Jul 07
Zaptec ASA (OB:ZAP) Could Be Riskier Than It Looks

One Analyst's Revenue Estimates For Zaptec AS (OB:ZAP) Are Surging Higher

Apr 28
One Analyst's Revenue Estimates For Zaptec AS (OB:ZAP) Are Surging Higher

Zaptec (OB:ZAP) Might Be Having Difficulty Using Its Capital Effectively

Aug 20
Zaptec (OB:ZAP) Might Be Having Difficulty Using Its Capital Effectively

Zaptec's (OB:ZAP) Returns On Capital Not Reflecting Well On The Business

Mar 06
Zaptec's (OB:ZAP) Returns On Capital Not Reflecting Well On The Business

Bullish: This Analyst Just Lifted Their Zaptec AS (OB:ZAP) Outlook For This Year

Jan 29
Bullish: This Analyst Just Lifted Their Zaptec AS (OB:ZAP) Outlook For This Year

Zaptec's (OB:ZAP) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 29
Zaptec's (OB:ZAP) Shareholders Have More To Worry About Than Only Soft Earnings

Director Christian Rangen Just Bought 3.3% More Shares In Zaptec AS (OB:ZAP)

Feb 27
Director Christian Rangen Just Bought 3.3% More Shares In Zaptec AS (OB:ZAP)

This Analyst Just Wrote A Brand New Outlook For Zaptec AS' (OB:ZAP) Business

Feb 18
This Analyst Just Wrote A Brand New Outlook For Zaptec AS' (OB:ZAP) Business

Can Zaptec AS (OB:ZAP) Maintain Its Strong Returns?

Jan 08
Can Zaptec AS (OB:ZAP) Maintain Its Strong Returns?

CEO Compensation Analysis

How has Kurt Ostrem's remuneration changed compared to Zaptec's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NOK 16m

Jun 30 2024n/an/a

NOK 28m

Mar 31 2024n/an/a

NOK 18m

Dec 31 2023NOK 4mNOK 3m

NOK 22m

Sep 30 2023n/an/a

-NOK 32m

Jun 30 2023n/an/a

-NOK 43m

Mar 31 2023n/an/a

-NOK 52m

Dec 31 2022NOK 5mNOK 2m

-NOK 53m

Sep 30 2022n/an/a

NOK 30m

Jun 30 2022n/an/a

NOK 32m

Mar 31 2022n/an/a

NOK 45m

Dec 31 2021NOK 2mNOK 2m

NOK 46m

Compensation vs Market: Kurt's total compensation ($USD387.00K) is above average for companies of similar size in the Norwegian market ($USD277.29K).

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

CEO

Kurt Ostrem

1.3yrs

Tenure

NOK 4,356,000

Compensation

Mr. Kurt Ostrem is Chief Executive Officer of Zaptec ASA from March 2024. He Served as Acting Chief Executive Officer at Zaptec ASA from October 02, 2023 until March 2024 and had been its Chief Financial O...

Leadership Team

NamePositionTenureCompensationOwnership
Kurt Ostrem
Chief Executive Officer1.3yrsNOK 4.36m1.34%
NOK 16.6m
Eirik Haerem
Deputy CEO & CFOless than a yearNOK 2.41m0.15%
NOK 1.8m
Knut Braut
Chief Technology Officer7.1yrsNOK 3.55m0.24%
NOK 3.0m
Trude Schulberg
Chief People & Culture Officer2.1yrsNOK 1.42mno data
Joris Laponder
Chief Commercial Officer & Interim Chief Marketing Officerno datano datano data
David Stangeland
Chief Supply Chain Officerno datano datano data
Thomas Nygaard
Chief Product Officerless than a yearno datano data

1.3yrs

Average Tenure

Experienced Management: ZAP's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Stig Christiansen
Deputy Chair4.4yrsNOK 500.00k0.057%
NOK 707.5k
Ingelin Drøpping
Chairperson2.3yrsNOK 350.00kno data
Jennifer Dungs
Board Member2.3yrsNOK 250.00kno data
Gunnar Hviding
Board memberless than a yearno datano data
Karoline Nystrøm
Board memberless than a yearno data0.026%
NOK 325.5k

2.3yrs

Average Tenure

Experienced Board: ZAP's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 23:11
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Zaptec ASA is covered by 4 analysts. 3 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
Paul de FromentBryan Garnier & Co
Carl Jørgen FlaenPareto Securities