Charles Høstlund became the CEO of Norway Royal Salmon AS (OB:NRS) in 2014. First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the growth in the business. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. The aim of all this is to consider the appropriateness of CEO pay levels.
Check out our latest analysis for Norway Royal Salmon
How Does Charles Høstlund's Compensation Compare With Similar Sized Companies?
Our data indicates that Norway Royal Salmon AS is worth øre10.8b, and total annual CEO compensation is øre20m. That's a notable increase of 36% on last year. We looked at a group of companies with market capitalizations from øre8.4b to øre26.8b, and the median CEO compensation was øre6m.
Thus we can conclude that Charles Høstlund receives more in total compensation than the median of a group of companies in the same market, and of similar size to Norway Royal Salmon AS. However, this doesn't necessarily mean the pay is too high. We can better assess whether the pay is overly generous by looking into the underlying business performance.
The graphic below shows how CEO compensation at Norway Royal Salmon has changed from year to year.

Is Norway Royal Salmon AS Growing?
Norway Royal Salmon AS has increased its earnings per share (EPS) by an average of 22% a year, over the last three years It achieved revenue growth of 13% over the last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. It's a real positive to see this sort of growth in a single year. That suggests a healthy and growing business.
It could be important to check this free visual depiction of what analysts expect for the future.
Has Norway Royal Salmon AS Been A Good Investment?
I think that the total shareholder return of 291%, over three years, would leave most Norway Royal Salmon AS shareholders smiling. So they may not be at all concerned if the CEO is paid more than is normal for companies around the same size.
In Summary...
We examined the amount Norway Royal Salmon AS pays its CEO, and compared it to the amount paid by similar sized companies. We found that it pays well over the median amount paid in the benchmark group.
However, the earnings per share growth over three years is certainly impressive. Even better, returns to shareholders have been plentiful, over the same time period. As a result of this good performance, the CEO remuneration may well be quite reasonable. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Norway Royal Salmon AS.
Or you might prefer gaze uponthis detailed graph of past earnings, revenue and cash flow .
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
Simply Wall St analyst Simply Wall St and Simply Wall St have no position in any of the companies mentioned. This article is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
About OB:NRS
Norway Royal Salmon
Norway Royal Salmon ASA produces, harvests, sells, and markets smolt and salmon products in Norway.
Mediocre balance sheet with moderate growth potential.
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