Andfjord Salmon Group AS

OB:ANDF Stock Report

Market Cap: NOK 2.1b

Andfjord Salmon Group Management

Management criteria checks 2/4

Andfjord Salmon Group's CEO is Martin Rasmussen, appointed in Apr 2020, has a tenure of 4.42 years. total yearly compensation is NOK4.10M, comprised of 46.7% salary and 53.3% bonuses, including company stock and options. directly owns 0.037% of the company’s shares, worth NOK764.96K. The average tenure of the management team and the board of directors is 4.4 years and 2.5 years respectively.

Key information

Martin Rasmussen

Chief executive officer

NOK 4.1m

Total compensation

CEO salary percentage46.7%
CEO tenure4.4yrs
CEO ownership0.04%
Management average tenure4.4yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

Health Check: How Prudently Does Andfjord Salmon (OB:ANDF) Use Debt?

Dec 15
Health Check: How Prudently Does Andfjord Salmon (OB:ANDF) Use Debt?

Is Andfjord Salmon (OB:ANDF) Using Debt In A Risky Way?

Jan 27
Is Andfjord Salmon (OB:ANDF) Using Debt In A Risky Way?

What Kind Of Investors Own Most Of Andfjord Salmon AS (OB:ANDF)?

Mar 14
What Kind Of Investors Own Most Of Andfjord Salmon AS (OB:ANDF)?

CEO Compensation Analysis

How has Martin Rasmussen's remuneration changed compared to Andfjord Salmon Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-NOK 72m

Mar 31 2024n/an/a

-NOK 71m

Dec 31 2023NOK 4mNOK 2m

-NOK 70m

Sep 30 2023n/an/a

-NOK 79m

Jun 30 2023n/an/a

-NOK 68m

Mar 31 2023n/an/a

-NOK 61m

Dec 31 2022NOK 3mNOK 1m

-NOK 57m

Sep 30 2022n/an/a

-NOK 47m

Jun 30 2022n/an/a

-NOK 41m

Mar 31 2022n/an/a

-NOK 37m

Dec 31 2021NOK 2mNOK 1m

-NOK 34m

Sep 30 2021n/an/a

-NOK 33m

Jun 30 2021n/an/a

-NOK 25m

Mar 31 2021n/an/a

-NOK 23m

Dec 31 2020NOK 1mNOK 944k

-NOK 19m

Compensation vs Market: Martin's total compensation ($USD382.67K) is about average for companies of similar size in the Norwegian market ($USD475.81K).

Compensation vs Earnings: Martin's compensation has increased whilst the company is unprofitable.

CEO

Martin Rasmussen (39 yo)

4.4yrs

Tenure

NOK 4,102,000

Compensation

Mr. Martin Rasmussen has been Chief Executive Officer of Andfjord Salmon Group AS (formerly known as Andfjord Salmon AS) since April 1, 2020 and served as its Director until April 1, 2020. He joined Andfjo...

Leadership Team

NamePositionTenureCompensationOwnership
Martin Rasmussen
Chief Executive Officer4.4yrsNOK 4.10m0.037%
NOK 765.0k
Roy Pettersen
Founder & Director10.7yrsNOK 139.00k2.81%
NOK 58.1m
Bjarne Martinsen
Chief Financial Officer3.7yrsNOK 2.82m0.059%
NOK 1.2m
Christian Torgersen
Chief Operation Officerno dataNOK 1.48m0.0040%
NOK 83.8k
Jostein Nilssen
Project Directorno dataNOK 348.00kno data

4.4yrs

Average Tenure

43yo

Average Age

Experienced Management: ANDF's management team is considered experienced (4.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Roy Pettersen
Founder & Directorno dataNOK 139.00k2.81%
NOK 58.1m
Roger Mosand
Independent Chairman of Board3.5yrsNOK 274.00k0.044%
NOK 918.1k
Knut Holmoy
Independent Directorno dataNOK 135.00kno data
Kim Strandenaes
Directorno dataNOK 137.00k3.15%
NOK 65.1m
Berit Pettersen
Deputy Directorno dataNOK 17.00kno data
Gro Knutsen
Independent Director2.9yrsNOK 135.00kno data
Antonio Serrano
Director2yrsno datano data
Hanne Digre
Directorless than a yearno datano data

2.5yrs

Average Tenure

53.5yo

Average Age

Experienced Board: ANDF's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.