Nordic Aqua Partners Management
Management criteria checks 0/4
Nordic Aqua Partners' CEO is Ragnar Joensen, appointed in Mar 2023, has a tenure of 1.75 years. total yearly compensation is €362.00K, comprised of 82.9% salary and 17.1% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth NOK197.32K. The average tenure of the management team and the board of directors is 0.6 years and 1.8 years respectively.
Key information
Ragnar Joensen
Chief executive officer
€362.0k
Total compensation
| CEO salary percentage | 82.9% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.01% |
| Management average tenure | less than a year |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Is Nordic Aqua Partners (OB:NOAP) Using Debt In A Risky Way?
Feb 28
Is Nordic Aqua Partners (OB:NOAP) In A Good Position To Invest In Growth?
May 27We're Keeping An Eye On Nordic Aqua Partners' (OB:NOAP) Cash Burn Rate
Jun 03Here's Why We're Not Too Worried About Nordic Aqua Partners' (OB:NOAP) Cash Burn Situation
Jul 13We're Hopeful That Nordic Aqua Partners (OB:NOAP) Will Use Its Cash Wisely
Mar 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -€20m |
| Jun 30 2024 | n/a | n/a | -€5m |
| Mar 31 2024 | n/a | n/a | -€7m |
| Dec 31 2023 | €362k | €300k | -€8m |
| Sep 30 2023 | n/a | n/a | -€7m |
| Jun 30 2023 | n/a | n/a | -€9m |
| Mar 31 2023 | n/a | n/a | -€6m |
| Dec 31 2022 | €55k | n/a | -€5m |
| Sep 30 2022 | n/a | n/a | -€4m |
| Jun 30 2022 | n/a | n/a | -€3m |
| Mar 31 2022 | n/a | n/a | -€4m |
| Dec 31 2021 | €20k | n/a | -€4m |
Compensation vs Market: Ragnar's total compensation ($USD376.34K) is above average for companies of similar size in the Norwegian market ($USD284.16K).
Compensation vs Earnings: Ragnar's compensation has increased whilst the company is unprofitable.
CEO
Ragnar Joensen
1.8yrs
Tenure
€362,000
Compensation
Mr. Ragnar Joensen served as Chairman at Nordic Aqua Partners A/S until March 08, 2023 and has been its Chief Executive Officer since March 08, 2023 and its Member of Executive Board. Mr. Joensen serves as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Executive Board | 1.8yrs | €362.00k | 0.013% NOK 197.3k | |
| Chairman of Nordic Aqua Ningbo & CEO of Nordic Aqua Ningbo | no data | €245.00k | 0.21% NOK 3.3m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Senior PR Executive | less than a year | no data | no data | |
| Managing Director of Nordic Aqua Ningbo | 1.2yrs | no data | no data | |
| Sustainability Director | no data | no data | no data | |
| Head of Business Development & Strategic Partnerships | less than a year | no data | no data |
0.6yrs
Average Tenure
Experienced Management: NOAP's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Nordic Aqua Ningbo & CEO of Nordic Aqua Ningbo | no data | €245.00k | 0.21% NOK 3.3m | |
| Director | 1.8yrs | €16.00k | 0.063% NOK 986.6k | |
| Independent Director | 4.3yrs | €16.00k | no data | |
| Independent Director | 1.8yrs | €16.00k | 0.91% NOK 14.4m | |
| Director | 2.6yrs | €29.00k | 0.14% NOK 2.2m | |
| Independent Chairman | 1.8yrs | €237.00k | 0.76% NOK 11.9m |
1.8yrs
Average Tenure
53.5yo
Average Age
Experienced Board: NOAP's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 01:38 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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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
Nordic Aqua Partners A/S 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.
| Analyst | Institution |
|---|---|
| Mindaugas Cekanavicius | Norne Securities AS |
| Sander Lie | Pareto Securities |