Andfjord Salmon Group AS

OB:ANDF Stock Report

Market Cap: NOK 2.8b

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 4.67 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 NOK1.02M. The average tenure of the management team and the board of directors is 4.3 years and 2.7 years respectively.

Key information

Martin Rasmussen

Chief executive officer

NOK 4.1m

Total compensation

CEO salary percentage46.7%
CEO tenure4.7yrs
CEO ownership0.04%
Management average tenure4.3yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

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

Nov 06
Health Check: How Prudently Does Andfjord Salmon Group (OB:ANDF) Use Debt?

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
Sep 30 2024n/an/a

-NOK 59m

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 ($USD362.08K) is below average for companies of similar size in the Norwegian market ($USD533.93K).

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

CEO

Martin Rasmussen (39 yo)

4.7yrs

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 Officer4.7yrsNOK 4.10m0.037%
NOK 1.0m
Roy Pettersen
Founder & Director10.9yrsNOK 139.00k2.81%
NOK 77.9m
Bjarne Martinsen
Chief Financial Officer3.9yrsNOK 2.82m0.059%
NOK 1.6m
Christian Torgersen
Chief Operation Officerno dataNOK 1.48m0.0040%
NOK 112.3k
Jostein Nilssen
Project Directorno dataNOK 348.00kno data
Stig Pettersen
Head of Public Affairsless than a yearno datano data

4.3yrs

Average Tenure

45yo

Average Age

Experienced Management: ANDF's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Roy Pettersen
Founder & Directorno dataNOK 139.00k2.81%
NOK 77.9m
Roger Mosand
Independent Chairman of Board3.8yrsNOK 274.00k0.044%
NOK 1.2m
Knut Holmoy
Independent Directorno dataNOK 135.00kno data
Kim Strandenaes
Directorno dataNOK 137.00k3.15%
NOK 87.2m
Berit Pettersen
Deputy Directorno dataNOK 17.00kno data
Gro Knutsen
Independent Director3.2yrsNOK 135.00kno data
Antonio Serrano
Director2.3yrsno datano data
Hanne Digre
Directorless than a yearno datano data

2.7yrs

Average Tenure

55yo

Average Age

Experienced Board: ANDF's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 23:41
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

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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

Andfjord Salmon Group AS is covered by 2 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
Nils Olav ThommesenFearnley Securities
Mindaugas CekanaviciusNorne Securities AS