Eidesvik Offshore ASA

OB:EIOF Stock Report

Market Cap: NOK 905.0m

Eidesvik Offshore Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Helga Cotgrove

Chief executive officer

NOK 3.5m

Total compensation

CEO salary percentage68.64%
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenure2.3yrs
Board average tenure1.4yrs

Recent management updates

Recent updates

Eidesvik Offshore's (OB:EIOF) Anemic Earnings Might Be Worse Than You Think

Sep 04
Eidesvik Offshore's (OB:EIOF) Anemic Earnings Might Be Worse Than You Think

Eidesvik Offshore (OB:EIOF) Takes On Some Risk With Its Use Of Debt

Sep 02
Eidesvik Offshore (OB:EIOF) Takes On Some Risk With Its Use Of Debt

Eidesvik Offshore ASA (OB:EIOF) Held Back By Insufficient Growth Even After Shares Climb 26%

Jul 24
Eidesvik Offshore ASA (OB:EIOF) Held Back By Insufficient Growth Even After Shares Climb 26%

Here's Why Eidesvik Offshore (OB:EIOF) Has Caught The Eye Of Investors

Jul 03
Here's Why Eidesvik Offshore (OB:EIOF) Has Caught The Eye Of Investors

These 4 Measures Indicate That Eidesvik Offshore (OB:EIOF) Is Using Debt Extensively

Aug 31
These 4 Measures Indicate That Eidesvik Offshore (OB:EIOF) Is Using Debt Extensively

Is Eidesvik Offshore (OB:EIOF) A Risky Investment?

May 12
Is Eidesvik Offshore (OB:EIOF) A Risky Investment?

These 4 Measures Indicate That Eidesvik Offshore (OB:EIOF) Is Using Debt Extensively

Jan 24
These 4 Measures Indicate That Eidesvik Offshore (OB:EIOF) Is Using Debt Extensively

We Think That There Are Issues Underlying Eidesvik Offshore's (OB:EIOF) Earnings

May 27
We Think That There Are Issues Underlying Eidesvik Offshore's (OB:EIOF) Earnings

Is Eidesvik Offshore (OB:EIOF) Using Too Much Debt?

May 12
Is Eidesvik Offshore (OB:EIOF) Using Too Much Debt?

Is Eidesvik Offshore (OB:EIOF) Using Too Much Debt?

Jan 15
Is Eidesvik Offshore (OB:EIOF) Using Too Much Debt?

Eidesvik Offshore (OB:EIOF) Has Debt But No Earnings; Should You Worry?

Oct 02
Eidesvik Offshore (OB:EIOF) Has Debt But No Earnings; Should You Worry?

Health Check: How Prudently Does Eidesvik Offshore (OB:EIOF) Use Debt?

Apr 20
Health Check: How Prudently Does Eidesvik Offshore (OB:EIOF) Use Debt?

CEO Compensation Analysis

How has Helga Cotgrove's remuneration changed compared to Eidesvik Offshore's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

NOK 77m

Jun 30 2025n/an/a

NOK 78m

Mar 31 2025n/an/a

NOK 87m

Dec 31 2024NOK 3mNOK 2m

NOK 83m

Sep 30 2024n/an/a

NOK 162m

Jun 30 2024n/an/a

NOK 173m

Mar 31 2024n/an/a

NOK 549m

Dec 31 2023NOK 3mNOK 2m

NOK 515m

Sep 30 2023n/an/a

NOK 687m

Jun 30 2023n/an/a

NOK 819m

Mar 31 2023n/an/a

NOK 335m

Dec 31 2022NOK 786kNOK 519k

NOK 346m

Compensation vs Market: Helga's total compensation ($USD347.29K) is about average for companies of similar size in the Norwegian market ($USD345.19K).

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

CEO

Helga Cotgrove

1.3yrs
Tenure
NOK 3,476,000
Compensation

Ms. Helga Cotgrove serves as Director of Reelwell AS. She is Chief Executive Officer of Eidesvik Offshore ASA from November 28, 2024 and served as its Interim Chief Executive Officer from September 18, 202...

Leadership Team

NamePositionTenureCompensationOwnership
Helga Cotgrove
Chief Executive Officer1.3yrsNOK 3.48mno data
Lars Engelsen
Chief Financial Officer3.3yrsNOK 4.78mno data
Arve Nilsen
Chief Operating Officer3.7yrsNOK 2.59mno data
Petter Lonning
Chief Engineerno dataNOK 134.00kno data
Sverre Horgen
Chief Technology Officerno datano datano data
Erling Lodden
Vice President of Human Relationsno dataNOK 1.64mno data
Morten Sundt
Chief Commercial Officerless than a yearno datano data
2.3yrs
Average Tenure

Experienced Management: EIOF's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Annicken Kildahl
Independent Director2.9yrsNOK 157.00kno data
Kenneth Walland
Chair of the Boardless than a yearno datano data
Bjørg Eknes
Independent Director4.6yrsNOK 335.00kno data
Lauritz Eidesvik
Deputy Chairman of the Board7.6yrsNOK 269.00kno data
Tore Hettervik
Employee Representative Directorless than a yearno datano data
Kjetil Eidesvik
Director1.4yrsno datano data
Ole Meling
Substitute Employee Representative Directorless than a yearno datano data
1.4yrs
Average Tenure

Experienced Board: EIOF's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/28 18:56
End of Day Share Price 2025/12/23 00:00
Earnings2025/09/30
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

Eidesvik Offshore ASA is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marius GaardCarnegie Investment Bank AB
Iver BatvikDanske Bank
Martin KarlsenDNB Carnegie