This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

DOF Group Management

Management criteria checks 1/4

DOF Group's CEO is Mons Aase, appointed in Jan 2005, he has a tenure of 18.58 years. His total yearly compensation is NOK9.18M , comprised of 98.6% salary and 1.4% bonuses, including company stock and options. He directly owns 0.22% of the company’s shares, worth NOK231.49K. The average tenure of the management team and the board of directors is 18.6 years and 0.8 years respectively.

Key information

Mons Aase

Chief executive officer

NOK 9.2m

Total compensation

CEO salary percentage98.6%
CEO tenure18.6yrs
CEO ownership0.2%
Management average tenure18.6yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mons Aase's remuneration changed compared to DOF Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

NOK 56m

Dec 31 2022NOK 9mNOK 9m

NOK 865m

Sep 30 2022n/an/a

-NOK 1b

Jun 30 2022n/an/a

-NOK 883m

Mar 31 2022n/an/a

NOK 984m

Dec 31 2021NOK 5mNOK 5m

-NOK 627m

Sep 30 2021n/an/a

-NOK 79m

Jun 30 2021n/an/a

-NOK 367m

Mar 31 2021n/an/a

-NOK 2b

Dec 31 2020NOK 7mNOK 6m

-NOK 5b

Sep 30 2020n/an/a

-NOK 6b

Jun 30 2020n/an/a

-NOK 7b

Mar 31 2020n/an/a

-NOK 6b

Dec 31 2019NOK 8mNOK 7m

-NOK 2b

Sep 30 2019n/an/a

-NOK 3b

Jun 30 2019n/an/a

-NOK 1b

Mar 31 2019n/an/a

-NOK 1b

Dec 31 2018NOK 8mNOK 8m

-NOK 1b

Sep 30 2018n/an/a

-NOK 1b

Jun 30 2018n/an/a

-NOK 1b

Mar 31 2018n/an/a

-NOK 1b

Dec 31 2017NOK 4mNOK 4m

-NOK 1b

Sep 30 2017n/an/a

-NOK 1b

Jun 30 2017n/an/a

-NOK 515m

Mar 31 2017n/an/a

-NOK 306m

Dec 31 2016NOK 5mNOK 4m

NOK 60m

Compensation vs Market: Mons's total compensation ($USD877.38K) is above average for companies of similar size in the Norwegian market ($USD322.27K).

Compensation vs Earnings: Mons's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Mons Aase (57 yo)

18.6yrs

Tenure

NOK 9,175,000

Compensation

Mr. Mons Svendal Aase serves as Chief Executive Officer at DOF Group ASA since 2005. He serves as Chief Executive Officer of DOF ASA since 2005 and served as Director. He has been the Chief Executive Offic...


Leadership Team

NamePositionTenureCompensationOwnership
Mons Aase
Chief Executive Officer18.6yrsNOK 9.18m0.22%
NOK 231.5k
Hilde Dronen
Chief Financial Officer18.6yrsNOK 3.32m0.069%
NOK 73.5k
Gary Kennedy
Executive Vice President of Assets & Operationsno datano datano data
Petter Pharo
Group Legal Counsel & General Counselno datano datano data
Toril Træen
Executive Vice President of People & Organisationno datano datano data
Marianne Mogster
Executive Vice President of Sustainabilityno datano data0%
NOK 0
Michael Rosich
Executive Vice President of Asia Pacificno datano datano data
Jan-Kristian Haukeland
Executive Vice President of Renewablesno datano datano data
Marco Sclocchi
Executive Vice President of North Americano datano datano data
John Loughridge
Executive Vice President of Conventional & Subsea Servicesno datano datano data
Mario Fuzetti
Executive Vice President of Brasilno datano datano data
Dag Rasch
Executive Vice President of Atlanticno datano datano data

18.6yrs

Average Tenure

57yo

Average Age

Experienced Management: DOF's management team is seasoned and experienced (18.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christine Morris
Directorless than a yearno data0.028%
NOK 30.4k
Svein Oygard
Chairman of the Boardless than a yearno data0.22%
NOK 231.5k
Harald Thorstein
Directorless than a yearno data0.072%
NOK 77.2k
Daniela Davila
Directorless than a yearno datano data
Henry Knox
Directorless than a yearno data0.0047%
NOK 5.1k

0.8yrs

Average Tenure

53yo

Average Age

Experienced Board: DOF's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/08/14 22:05
End of Day Share Price 2023/08/14 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

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 here.

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 .

Analyst Sources

DOF Group ASA is covered by 12 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
Anders HolteABG Sundal Collier
Kristoffer IdenArctic Securities ASA
Salman AlamCarnegie Investment Bank AB