Norcod AS

OB:NCOD Stock Report

Market Cap: NOK 787.8m

Norcod Management

Management criteria checks 2/4

Norcod's CEO is Christian Riber, appointed in Dec 2020, has a tenure of 3.92 years. total yearly compensation is NOK3.31M, comprised of 99.5% salary and 0.5% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth NOK1.19M. The average tenure of the management team and the board of directors is 0.8 years and 3.1 years respectively.

Key information

Christian Riber

Chief executive officer

NOK 3.3m

Total compensation

CEO salary percentage99.5%
CEO tenure3.9yrs
CEO ownership0.2%
Management average tenureless than a year
Board average tenure3.1yrs

Recent management updates

Recent updates

Norcod (OB:NCOD) Is Making Moderate Use Of Debt

Oct 14
Norcod (OB:NCOD) Is Making Moderate Use Of Debt

Norcod AS' (OB:NCOD) P/S Is Still On The Mark Following 77% Share Price Bounce

Jul 26
Norcod AS' (OB:NCOD) P/S Is Still On The Mark Following 77% Share Price Bounce

Norcod AS (OB:NCOD) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable

Jun 05
Norcod AS (OB:NCOD) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable

We Think Norcod (OB:NCOD) Has A Fair Chunk Of Debt

Jun 04
We Think Norcod (OB:NCOD) Has A Fair Chunk Of Debt

Is Norcod (OB:NCOD) A Risky Investment?

Mar 04
Is Norcod (OB:NCOD) A Risky Investment?

A Piece Of The Puzzle Missing From Norcod AS' (OB:NCOD) Share Price

Dec 26
A Piece Of The Puzzle Missing From Norcod AS' (OB:NCOD) Share Price

It's Down 28% But Norcod AS (OB:NCOD) Could Be Riskier Than It Looks

Nov 11
It's Down 28% But Norcod AS (OB:NCOD) Could Be Riskier Than It Looks

CEO Compensation Analysis

How has Christian Riber's remuneration changed compared to Norcod's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NOK 305m

Jun 30 2024n/an/a

-NOK 263m

Mar 31 2024n/an/a

-NOK 258m

Dec 31 2023NOK 3mNOK 3m

-NOK 246m

Sep 30 2023n/an/a

-NOK 333m

Jun 30 2023n/an/a

-NOK 297m

Mar 31 2023n/an/a

-NOK 294m

Dec 31 2022NOK 3mNOK 3m

-NOK 297m

Compensation vs Market: Christian's total compensation ($USD298.91K) is about average for companies of similar size in the Norwegian market ($USD300.00K).

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

CEO

Christian Riber

3.9yrs

Tenure

NOK 3,308,000

Compensation

Mr. Christian Riber serves as the Chief Executive Officer of Norcod AS since December 2020. He served as the Chairman of the Board at Norcod since February 2020 until December 2020 and had been its Directo...

Leadership Team

NamePositionTenureCompensationOwnership
Christian Riber
Chief Executive Officer3.9yrsNOK 3.31m0.15%
NOK 1.2m
Trym Sivertsen
Interim Chief Financial Officerless than a yearno datano data
Tsjipke Deuzeman
Chief Production Officer1.8yrsno datano data
Chris Guldberg
C.C.Oless than a yearno datano data
Mikolaj Mroz
Head of Farmingless than a yearno datano data

0.8yrs

Average Tenure

Experienced Management: NCOD's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Boe Spurre
Directorno datano data0.0074%
NOK 58.5k
Jan Solbaek
Director4.8yrsNOK 200.00k16.36%
NOK 128.9m
Peter Buhl
Director3.7yrsNOK 100.00kno data
Renate Larsen
Chairman2.5yrsNOK 175.00kno data
Trine Danielsen
Director2.5yrsNOK 175.00kno data
Paul Jewer
Directorno datano datano data

3.1yrs

Average Tenure

Experienced Board: NCOD's board of directors are considered experienced (3.1 years average tenure).