OKEA ASA

OB:OKEA Stock Report

Market Cap: NOK 1.7b

OKEA Management

Management criteria checks 2/4

OKEA's CEO is Svein Liknes, appointed in Jun 2021, has a tenure of 3.92 years. total yearly compensation is $820.33K, comprised of 68.2% salary and 31.8% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth NOK3.23M. The average tenure of the management team and the board of directors is 4.5 years and 2 years respectively.

Key information

Svein Liknes

Chief executive officer

US$820.3k

Total compensation

CEO salary percentage68.21%
CEO tenure3.9yrs
CEO ownership0.2%
Management average tenure4.5yrs
Board average tenure2yrs

Recent management updates

Recent updates

OKEA's (OB:OKEA) Solid Earnings Are Supported By Other Strong Factors

Apr 08
OKEA's (OB:OKEA) Solid Earnings Are Supported By Other Strong Factors

Lacklustre Performance Is Driving OKEA ASA's (OB:OKEA) Low P/S

Mar 20
Lacklustre Performance Is Driving OKEA ASA's (OB:OKEA) Low P/S

OKEA (OB:OKEA) Has A Somewhat Strained Balance Sheet

Sep 26
OKEA (OB:OKEA) Has A Somewhat Strained Balance Sheet

Earnings Miss: OKEA ASA Missed EPS By 43% And Analysts Are Revising Their Forecasts

Jul 21
Earnings Miss: OKEA ASA Missed EPS By 43% And Analysts Are Revising Their Forecasts

OKEA ASA (OB:OKEA) Shares Could Be 42% Below Their Intrinsic Value Estimate

Jul 12
OKEA ASA (OB:OKEA) Shares Could Be 42% Below Their Intrinsic Value Estimate

Need To Know: Analysts Just Made A Substantial Cut To Their OKEA ASA (OB:OKEA) Estimates

Jan 23
Need To Know: Analysts Just Made A Substantial Cut To Their OKEA ASA (OB:OKEA) Estimates

Why Investors Shouldn't Be Surprised By OKEA ASA's (OB:OKEA) Low P/E

Jan 21
Why Investors Shouldn't Be Surprised By OKEA ASA's (OB:OKEA) Low P/E

Does OKEA (OB:OKEA) Have A Healthy Balance Sheet?

Dec 03
Does OKEA (OB:OKEA) Have A Healthy Balance Sheet?

Does OKEA (OB:OKEA) Deserve A Spot On Your Watchlist?

Oct 13
Does OKEA (OB:OKEA) Deserve A Spot On Your Watchlist?

Analysts Are Betting On OKEA ASA (OB:OKEA) With A Big Upgrade This Week

Sep 03
Analysts Are Betting On OKEA ASA (OB:OKEA) With A Big Upgrade This Week

OKEA (OB:OKEA) Will Pay A Dividend Of NOK1.00

Aug 10
OKEA (OB:OKEA) Will Pay A Dividend Of NOK1.00

Earnings Miss: OKEA ASA Missed EPS By 39% And Analysts Are Revising Their Forecasts

Jul 16
Earnings Miss: OKEA ASA Missed EPS By 39% And Analysts Are Revising Their Forecasts

New Forecasts: Here's What Analysts Think The Future Holds For OKEA ASA (OB:OKEA)

May 01
New Forecasts: Here's What Analysts Think The Future Holds For OKEA ASA (OB:OKEA)

Analysts Just Made A Captivating Upgrade To Their OKEA ASA (OB:OKEA) Forecasts

Mar 26
Analysts Just Made A Captivating Upgrade To Their OKEA ASA (OB:OKEA) Forecasts

Time To Worry? Analysts Are Downgrading Their OKEA ASA (OB:OKEA) Outlook

Feb 11
Time To Worry? Analysts Are Downgrading Their OKEA ASA (OB:OKEA) Outlook

CEO Compensation Analysis

How has Svein Liknes's remuneration changed compared to OKEA's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

US$62m

Dec 31 2024US$820kUS$560k

US$34m

Sep 30 2024n/an/a

-US$90m

Jun 30 2024n/an/a

-US$112m

Mar 31 2024n/an/a

-US$112m

Dec 31 2023US$854kUS$552k

-US$92m

Sep 30 2023n/an/a

US$61m

Jun 30 2023n/an/a

US$67m

Mar 31 2023n/an/a

US$65m

Dec 31 2022US$963kUS$465k

US$68m

Sep 30 2022n/an/a

US$58m

Jun 30 2022n/an/a

US$63m

Mar 31 2022n/an/a

US$90m

Dec 31 2021US$753kUS$266k

US$68m

Compensation vs Market: Svein's total compensation ($USD820.33K) is above average for companies of similar size in the Norwegian market ($USD592.33K).

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

CEO

Svein Liknes (52 yo)

3.9yrs

Tenure

US$820,326

Compensation

Mr. Svein Jacob Liknes has been Chief Executive Officer at OKEA ASA since June 01, 2021. Mr. Liknes was Senior Vice President, Operations and Asset Development until May 2019 and served as its Interim Head...

Leadership Team

NamePositionTenureCompensationOwnership
Svein Liknes
Chief Executive Officer3.9yrsUS$820.33k0.19%
NOK 3.2m
Birte Norheim
Chief Financial Officer5.2yrsUS$491.11k0.16%
NOK 2.8m
Tor Bjerkestrand
Senior Vice President of Operationsno dataUS$464.32k0.10%
NOK 1.8m
Knut Gjertsen
Senior Vice President of Project & Technology5.1yrsUS$486.980.18%
NOK 3.0m
Marit Vik-Langlie
Vice President of Legal5.3yrsUS$289.96k0.12%
NOK 2.1m
Ida Lundh
Senior Vice President of Subsurface1.7yrsUS$367.25k0.077%
NOK 1.3m
Dag Eggan
Senior Vice President of Special Projectsno dataUS$409.33k0.20%
NOK 3.4m
Kjersti Hovdal
Senior Vice President of Business Performance2.9yrsUS$385.00k0.17%
NOK 2.9m
Espen Myhra
Senior Vice President of Strategy5.6yrsUS$425.67k0.24%
NOK 4.2m
Borge Nerland
Senior Vice President of Drilling & Wells2.5yrsUS$398.70k0.015%
NOK 256.5k
Stig Hognestad
Vice President of Investor Relationsno datano datano data
Ørjan Johanessen
Vice President of Drilling & Wellsno dataUS$264.87kno data

4.5yrs

Average Tenure

51yo

Average Age

Experienced Management: OKEA's management team is considered experienced (4.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rune Pedersen
Independent Non-executive Director6.1yrsUS$69.39k0.027%
NOK 468.5k
Chaiwat Kovavisarach
Non-executive Chairman of the Board6.1yrsUS$101.81k0.059%
NOK 1.0m
Nicola Gordon
Independent Non-executive Director6.1yrsUS$84.85k0.027%
NOK 468.5k
Michael Fischer
Non-Executive Vice Chair of the Board6.5yrsUS$85.20k0.027%
NOK 468.5k
Jan Johansen
Deputy Director2yrsno data0.048%
NOK 828.6k
Ragnhild Aas
Employee Representative Director2yrsUS$38.65k0.10%
NOK 1.8m
Phatpuree Chinkulkitnivat
Director2yrsUS$67.28k0.0056%
NOK 96.5k
Jon Jacobsen
Independent Non-Executive Director2yrsUS$74.14k0.0081%
NOK 140.7k
Elizabeth Williamson
Independent Non-Executive Director2yrsUS$81.51k0.0056%
NOK 96.5k
Sverre Nes
Employee Representative Director2yrsUS$44.97k0.016%
NOK 275.6k
Gry Haga
Deputy Director2yrsno data0.0058%
NOK 101.3k
Harmonie Wiesenberg
Deputy Director2yrsno data0.018%
NOK 308.9k

2.0yrs

Average Tenure

54.5yo

Average Age

Experienced Board: OKEA's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 06:35
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
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

OKEA ASA is covered by 6 analysts. 4 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
Jørgen LandeDanske Bank
Vidar LyngværDanske Bank