Aker BP ASA

OB:AKRBP Stock Report

Market Cap: NOK 155.2b

Aker BP Management

Management criteria checks 4/4

Aker BP's CEO is Karl Hersvik, appointed in May 2014, has a tenure of 10.75 years. total yearly compensation is $1.40M, comprised of 64% salary and 36% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth NOK527.71K. The average tenure of the management team and the board of directors is 2.5 years and 5 years respectively.

Key information

Karl Hersvik

Chief executive officer

US$1.4m

Total compensation

CEO salary percentage64.0%
CEO tenure10.8yrs
CEO ownership0.0003%
Management average tenure2.5yrs
Board average tenure5yrs

Recent management updates

Recent updates

Aker BP ASA (OB:AKRBP) Annual Results: Here's What Analysts Are Forecasting For This Year

Feb 14
Aker BP ASA (OB:AKRBP) Annual Results: Here's What Analysts Are Forecasting For This Year

Aker BP (OB:AKRBP) Has A Somewhat Strained Balance Sheet

Feb 09
Aker BP (OB:AKRBP) Has A Somewhat Strained Balance Sheet

Are Investors Undervaluing Aker BP ASA (OB:AKRBP) By 20%?

Jan 04
Are Investors Undervaluing Aker BP ASA (OB:AKRBP) By 20%?

Aker BP ASA Just Missed Earnings - But Analysts Have Updated Their Models

Nov 02
Aker BP ASA Just Missed Earnings - But Analysts Have Updated Their Models

Here's Why Aker BP (OB:AKRBP) Has A Meaningful Debt Burden

Oct 29
Here's Why Aker BP (OB:AKRBP) Has A Meaningful Debt Burden

Insufficient Growth At Aker BP ASA (OB:AKRBP) Hampers Share Price

Oct 08
Insufficient Growth At Aker BP ASA (OB:AKRBP) Hampers Share Price

Aker BP ASA Just Beat EPS By 19%: Here's What Analysts Think Will Happen Next

Jul 15
Aker BP ASA Just Beat EPS By 19%: Here's What Analysts Think Will Happen Next

These 4 Measures Indicate That Aker BP (OB:AKRBP) Is Using Debt Extensively

Jul 14
These 4 Measures Indicate That Aker BP (OB:AKRBP) Is Using Debt Extensively

Pinning Down Aker BP ASA's (OB:AKRBP) P/E Is Difficult Right Now

Jun 22
Pinning Down Aker BP ASA's (OB:AKRBP) P/E Is Difficult Right Now

Here's Why We Think Aker BP (OB:AKRBP) Might Deserve Your Attention Today

Jun 01
Here's Why We Think Aker BP (OB:AKRBP) Might Deserve Your Attention Today

Aker BP ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Apr 26
Aker BP ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Here's Why Aker BP (OB:AKRBP) Has A Meaningful Debt Burden

Apr 12
Here's Why Aker BP (OB:AKRBP) Has A Meaningful Debt Burden

Aker BP ASA's (OB:AKRBP) Share Price Not Quite Adding Up

Mar 19
Aker BP ASA's (OB:AKRBP) Share Price Not Quite Adding Up

CEO Compensation Analysis

How has Karl Hersvik's remuneration changed compared to Aker BP's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

US$2b

Sep 30 2024n/an/a

US$1b

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$1mUS$899k

US$1b

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$4mUS$967k

US$2b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$2mUS$929k

US$828m

Sep 30 2021n/an/a

US$616m

Jun 30 2021n/an/a

US$491m

Mar 31 2021n/an/a

US$506m

Dec 31 2020US$2mUS$830k

US$45m

Sep 30 2020n/an/a

US$27m

Jun 30 2020n/an/a

-US$97m

Mar 31 2020n/an/a

-US$204m

Dec 31 2019US$1mUS$826k

US$141m

Sep 30 2019n/an/a

US$92m

Jun 30 2019n/an/a

US$252m

Mar 31 2019n/an/a

US$318m

Dec 31 2018US$2mUS$783k

US$476m

Compensation vs Market: Karl's total compensation ($USD1.40M) is about average for companies of similar size in the Norwegian market ($USD1.40M).

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

CEO

Karl Hersvik (52 yo)

10.8yrs

Tenure

US$1,404,000

Compensation

Mr. Karl Johnny Hersvik serves as Chairman of the Board at Aker Clean Hydrogen AS. He has been the Chief Executive Officer of Aker BP ASA since May 1, 2014. Mr. Hersvik served as a Senior Vice President at...

Leadership Team

NamePositionTenureCompensationOwnership
Karl Hersvik
Chief Executive Officer10.8yrsUS$1.40m0.00034%
NOK 527.7k
David Tonne
Chief Financial Officer6yrsUS$644.00k0.0043%
NOK 6.6m
Per Kongelf
Chief Operating Officer2.3yrsUS$628.00k0.00088%
NOK 1.4m
Marit Blaasmo
Senior Vice President of People and Safety2.3yrsUS$458.00k0.0014%
NOK 2.2m
Arne Sigmundstad
Senior Vice President of Drilling & Wells9.1yrsUS$542.00k0.00023%
NOK 357.0k
Ole-Johan Molvig
Senior Vice President of Valhall2.3yrsUS$523.00k0.0035%
NOK 5.4m
Knut Arne Sandvik
Senior Vice President of Projects5.6yrsUS$535.00k0.0012%
NOK 1.9m
Ine Dolve
Senior Vice President of Alvheim2.3yrsUS$506.00k0.0014%
NOK 2.2m
Lars Hoeier
Senior Vice President- NOAKA4.4yrsUS$553.00k0.0020%
NOK 3.1m
Paula Doyle
Chief Digital Officer2.6yrsUS$527.00k0.00022%
NOK 341.5k
Thomas Hoff-Hansen
Senior Vice President of Ula2.3yrsUS$412.00k0.00080%
NOK 1.2m
Kari Nielsen
Senior Vice President of Edvard Grieg and Ivar Aasen2.3yrsUS$424.00k0.000070%
NOK 108.6k

2.5yrs

Average Tenure

52yo

Average Age

Experienced Management: AKRBP's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Charles Ashley Heppenstall
Shareholder-elected Member2.7yrsUS$43.00k0.13%
NOK 209.3m
Kjell Røkke
Director11.8yrsUS$34.00kno data
Oyvind Eriksen
Chairman of the Board8.9yrsUS$92.00kno data
Trond Brandsrud
Independent Director8.9yrsUS$65.00kno data
Anne Cannon
Independent Deputy Chair of the Board11.8yrsUS$66.00k0.0019%
NOK 3.0m
Valborg Lundegaard
Shareholder-elected Member2.8yrsUS$40.00kno data
Katherine Thomson
Director8.4yrsno datano data
Ingard Haugeberg
Employee Representative Director6.5yrsUS$23.00k0.00026%
NOK 403.5k
Tore Vik
Employee Representative Director3.6yrsUS$23.00k0.0011%
NOK 1.7m
Thomas Husvaeg
Employee Representative Director1.3yrsUS$6.00k0.00013%
NOK 201.8k
Marit Dorum
Employee Representative Director2.1yrsUS$3.00kno data
Ani Chiang
Employee Representative Director2.1yrsUS$3.00k0.00026%
NOK 403.5k

5.0yrs

Average Tenure

61yo

Average Age

Experienced Board: AKRBP's board of directors are considered experienced (5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 08:06
End of Day Share Price 2025/02/14 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

Aker BP ASA is covered by 42 analysts. 18 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
Robert Jan VosABN AMRO Bank N.V.
Christian YggesethArctic Securities ASA