Grieg Seafood ASA

OB:GSF Stock Report

Market Cap: NOK 7.0b

Grieg Seafood Management

Management criteria checks 3/4

Grieg Seafood's CEO is Andreas Kvame, appointed in Jun 2015, has a tenure of 9.5 years. total yearly compensation is NOK4.46M, comprised of 89.8% salary and 10.2% bonuses, including company stock and options. directly owns 0.04% of the company’s shares, worth NOK2.75M. The average tenure of the management team and the board of directors is 5.9 years and 0.5 years respectively.

Key information

Andreas Kvame

Chief executive officer

NOK 4.5m

Total compensation

CEO salary percentage89.8%
CEO tenure9.5yrs
CEO ownership0.04%
Management average tenure5.9yrs
Board average tenureless than a year

Recent management updates

Recent updates

Is Grieg Seafood (OB:GSF) Using Debt Sensibly?

Nov 27
Is Grieg Seafood (OB:GSF) Using Debt Sensibly?

Investors Continue Waiting On Sidelines For Grieg Seafood ASA (OB:GSF)

Oct 29
Investors Continue Waiting On Sidelines For Grieg Seafood ASA (OB:GSF)

Grieg Seafood (OB:GSF) Has A Somewhat Strained Balance Sheet

Aug 14
Grieg Seafood (OB:GSF) Has A Somewhat Strained Balance Sheet

Calculating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

Apr 26
Calculating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

Results: Grieg Seafood ASA Confounded Analyst Expectations With A Surprise Profit

Feb 25
Results: Grieg Seafood ASA Confounded Analyst Expectations With A Surprise Profit

Take Care Before Diving Into The Deep End On Grieg Seafood ASA (OB:GSF)

Jan 09
Take Care Before Diving Into The Deep End On Grieg Seafood ASA (OB:GSF)

Is Grieg Seafood ASA (OB:GSF) Trading At A 24% Discount?

Dec 20
Is Grieg Seafood ASA (OB:GSF) Trading At A 24% Discount?

Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital

Oct 05
Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital

These 4 Measures Indicate That Grieg Seafood (OB:GSF) Is Using Debt Extensively

Sep 06
These 4 Measures Indicate That Grieg Seafood (OB:GSF) Is Using Debt Extensively

Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital

Jun 22
Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital

Is Grieg Seafood (OB:GSF) A Risky Investment?

May 10
Is Grieg Seafood (OB:GSF) A Risky Investment?

Grieg Seafood (OB:GSF) Is Paying Out A Larger Dividend Than Last Year

Apr 03
Grieg Seafood (OB:GSF) Is Paying Out A Larger Dividend Than Last Year

Grieg Seafood (OB:GSF) Might Be Having Difficulty Using Its Capital Effectively

Feb 08
Grieg Seafood (OB:GSF) Might Be Having Difficulty Using Its Capital Effectively

Grieg Seafood ASA's (OB:GSF) Intrinsic Value Is Potentially 24% Below Its Share Price

Jan 26
Grieg Seafood ASA's (OB:GSF) Intrinsic Value Is Potentially 24% Below Its Share Price

Here's Why We Think Grieg Seafood (OB:GSF) Might Deserve Your Attention Today

Jan 09
Here's Why We Think Grieg Seafood (OB:GSF) Might Deserve Your Attention Today

We Think Grieg Seafood (OB:GSF) Can Manage Its Debt With Ease

Sep 20
We Think Grieg Seafood (OB:GSF) Can Manage Its Debt With Ease

Grieg Seafood (OB:GSF) Will Want To Turn Around Its Return Trends

Aug 03
Grieg Seafood (OB:GSF) Will Want To Turn Around Its Return Trends

Grieg Seafood (OB:GSF) Could Easily Take On More Debt

Jun 21
Grieg Seafood (OB:GSF) Could Easily Take On More Debt

Estimating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

May 22
Estimating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)

CEO Compensation Analysis

How has Andreas Kvame's remuneration changed compared to Grieg Seafood's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NOK 515m

Jun 30 2024n/an/a

-NOK 336m

Mar 31 2024n/an/a

-NOK 198m

Dec 31 2023NOK 4mNOK 4m

NOK 560m

Sep 30 2023n/an/a

NOK 75m

Jun 30 2023n/an/a

-NOK 353m

Mar 31 2023n/an/a

NOK 889m

Dec 31 2022NOK 12mNOK 4m

NOK 1b

Sep 30 2022n/an/a

NOK 1b

Jun 30 2022n/an/a

NOK 2b

Mar 31 2022n/an/a

NOK 1b

Dec 31 2021NOK 4mNOK 3m

NOK 604m

Sep 30 2021n/an/a

NOK 345m

Jun 30 2021n/an/a

NOK 143m

Mar 31 2021n/an/a

NOK 36m

Dec 31 2020n/an/a

-NOK 342m

Sep 30 2020n/an/a

NOK 128m

Jun 30 2020n/an/a

-NOK 91m

Mar 31 2020n/an/a

NOK 53m

Dec 31 2019NOK 7mNOK 3m

NOK 574m

Sep 30 2019n/an/a

NOK 473m

Jun 30 2019n/an/a

NOK 967m

Mar 31 2019n/an/a

NOK 998m

Dec 31 2018NOK 6mNOK 3m

NOK 973m

Sep 30 2018n/an/a

NOK 820m

Jun 30 2018n/an/a

NOK 782m

Mar 31 2018n/an/a

NOK 860m

Dec 31 2017NOK 7mNOK 2m

NOK 571m

Compensation vs Market: Andreas's total compensation ($USD392.46K) is below average for companies of similar size in the Norwegian market ($USD682.06K).

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

CEO

Andreas Kvame (62 yo)

9.5yrs

Tenure

NOK 4,457,000

Compensation

Mr. Andreas Kvame has been Chief Executive Officer at Grieg Seafood ASA since June 1, 2015. Mr. Kvame served as Managing Director for Scanbio AS and knows the salmon farming industry very well after 17 yea...

Leadership Team

NamePositionTenureCompensationOwnership
Andreas Kvame
Chief Executive Officer9.5yrsNOK 4.46m0.040%
NOK 2.8m
Atle Sandtorv
Chief Financial Officer15yrsNOK 3.02m0.025%
NOK 1.7m
Knut Utheim
Chief Technology Officer4.6yrsNOK 2.41m0.023%
NOK 1.6m
Kristina Furnes
Chief Communications Officer5.9yrsNOK 1.46m0.0046%
NOK 321.0k
Kathleen Mathisen
Chief Human Resources Officer8.6yrsNOK 1.99m0.014%
NOK 983.2k
Alexander Knudsen
Chief Operating Officer of Farming Norway4.6yrsNOK 2.60m0.022%
NOK 1.5m
Grant Cumming
Chief Operating Officer of Farming Canada1.9yrsNOK 2.60m0.0088%
NOK 612.1k
Nina Stangeland
Chief Strategy Officer1.9yrsNOK 568.00kno data
Tor Homme
Chief Sustainability Officerno datano datano data
Trond Kathenes
Chief Digital Officer13.9yrsno datano data

5.9yrs

Average Tenure

53yo

Average Age

Experienced Management: GSF's management team is seasoned and experienced (5.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Per Grieg
Chairman of the Board15.6yrsNOK 542.00k0.013%
NOK 931.7k
Marit Solberg
Directorless than a yearno datano data
Nicolai Grieg
Director3.1yrsNOK 314.00k2.2%
NOK 153.0m
Paal Johnsen
Directorless than a yearno datano data
Silje Remoy
Directorless than a yearno datano data

0.5yrs

Average Tenure

67yo

Average Age

Experienced Board: GSF's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 19:25
End of Day Share Price 2024/12/30 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

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

Grieg Seafood ASA is covered by 15 analysts. 7 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
Knut LøvstadBeringer Finance AB
Niklas EkmanCarnegie Investment Bank AB