Orkla ASA

OB:ORK Stock Report

Market Cap: NOK 103.4b

Orkla Management

Management criteria checks 1/4

Orkla's CEO is Nils Selte, appointed in Apr 2022, has a tenure of 2.83 years. total yearly compensation is NOK25.47M, comprised of 46.3% salary and 53.7% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth NOK24.14M. The average tenure of the management team and the board of directors is 2.7 years and 2.8 years respectively.

Key information

Nils Selte

Chief executive officer

NOK 25.5m

Total compensation

CEO salary percentage46.3%
CEO tenure2.8yrs
CEO ownership0.02%
Management average tenure2.7yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

What Orkla ASA's (OB:ORK) P/E Is Not Telling You

Feb 08
What Orkla ASA's (OB:ORK) P/E Is Not Telling You

Does Orkla (OB:ORK) Have A Healthy Balance Sheet?

Jan 24
Does Orkla (OB:ORK) Have A Healthy Balance Sheet?

Calculating The Intrinsic Value Of Orkla ASA (OB:ORK)

Dec 27
Calculating The Intrinsic Value Of Orkla ASA (OB:ORK)

Orkla's (OB:ORK) Returns Have Hit A Wall

Dec 10
Orkla's (OB:ORK) Returns Have Hit A Wall

Orkla (OB:ORK) Ticks All The Boxes When It Comes To Earnings Growth

Nov 13
Orkla (OB:ORK) Ticks All The Boxes When It Comes To Earnings Growth

Orkla ASA's (OB:ORK) Shareholders Might Be Looking For Exit

Oct 29
Orkla ASA's (OB:ORK) Shareholders Might Be Looking For Exit

These 4 Measures Indicate That Orkla (OB:ORK) Is Using Debt Reasonably Well

Oct 14
These 4 Measures Indicate That Orkla (OB:ORK) Is Using Debt Reasonably Well

Estimating The Fair Value Of Orkla ASA (OB:ORK)

Sep 14
Estimating The Fair Value Of Orkla ASA (OB:ORK)

Orkla (OB:ORK) Has More To Do To Multiply In Value Going Forward

Aug 30
Orkla (OB:ORK) Has More To Do To Multiply In Value Going Forward

Here's Why Orkla (OB:ORK) Has Caught The Eye Of Investors

Aug 02
Here's Why Orkla (OB:ORK) Has Caught The Eye Of Investors

Is Orkla (OB:ORK) Using Too Much Debt?

Jul 11
Is Orkla (OB:ORK) Using Too Much Debt?

Orkla ASA's (OB:ORK) Popularity With Investors Is Under Threat From Overpricing

Jun 21
Orkla ASA's (OB:ORK) Popularity With Investors Is Under Threat From Overpricing

Orkla (OB:ORK) Hasn't Managed To Accelerate Its Returns

May 22
Orkla (OB:ORK) Hasn't Managed To Accelerate Its Returns

Orkla ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 06
Orkla ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

We Think Orkla (OB:ORK) Is Taking Some Risk With Its Debt

Apr 08
We Think Orkla (OB:ORK) Is Taking Some Risk With Its Debt

Is Orkla ASA (OB:ORK) Trading At A 35% Discount?

Feb 19
Is Orkla ASA (OB:ORK) Trading At A 35% Discount?

CEO Compensation Analysis

How has Nils Selte's remuneration changed compared to Orkla's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 6b

Jun 30 2024n/an/a

NOK 6b

Mar 31 2024n/an/a

NOK 5b

Dec 31 2023NOK 25mNOK 12m

NOK 5b

Sep 30 2023n/an/a

NOK 5b

Jun 30 2023n/an/a

NOK 5b

Mar 31 2023n/an/a

NOK 5b

Dec 31 2022NOK 10mNOK 8m

NOK 5b

Sep 30 2022n/an/a

NOK 5b

Jun 30 2022n/an/a

NOK 5b

Mar 31 2022n/an/a

NOK 5b

Dec 31 2021NOK 747kn/a

NOK 5b

Sep 30 2021n/an/a

NOK 5b

Jun 30 2021n/an/a

NOK 5b

Mar 31 2021n/an/a

NOK 5b

Dec 31 2020NOK 718kn/a

NOK 4b

Sep 30 2020n/an/a

NOK 5b

Jun 30 2020n/an/a

NOK 4b

Mar 31 2020n/an/a

NOK 4b

Dec 31 2019NOK 829kn/a

NOK 4b

Sep 30 2019n/an/a

NOK 3b

Jun 30 2019n/an/a

NOK 3b

Mar 31 2019n/an/a

NOK 3b

Jan 01 2019n/an/a

NOK 3b

Compensation vs Market: Nils's total compensation ($USD2.26M) is above average for companies of similar size in the Norwegian market ($USD1.06M).

Compensation vs Earnings: Nils's compensation has increased by more than 20% in the past year.

CEO

Nils Selte (59 yo)

2.8yrs

Tenure

NOK 25,472,000

Compensation

Mr. Nils Kloumann Selte has been President and Chief Executive Officer of Orkla ASA since 11 April 2022 and served as its Director. He is Director at Jotun A/S. He served as Chairman at Komplett ASA since...

Leadership Team

NamePositionTenureCompensationOwnership
Nils Selte
President & CEO2.8yrsNOK 25.47m0.023%
NOK 24.1m
Camilla Robstad
Executive Vice President of Legal & Compliance5.1yrsNOK 6.19m0.0012%
NOK 1.2m
Christer Gronberg
Head of Corporate Functions10.2yrsNOK 7.61m0.0017%
NOK 1.8m
Hege Brekke
Executive VP of Investments9.4yrsNOK 8.07m0.0015%
NOK 1.6m
Harald Ullevoldsæter
Executive Officerless than a yearNOK 7.67m0.00083%
NOK 858.5k
Maria Syse-Nybraaten
Executive VP of Investments2.5yrsNOK 7.02m0.00074%
NOK 765.4k
Audun Stensvold
Executive Vice President of Investments2.3yrsNOK 6.63m0.0025%
NOK 2.6m
Oyvind Torpp
Executive Vice President of Investments2.2yrsNOK 12.40m0.0050%
NOK 5.2m
Arve Regland
EVP & CFOless than a yearno data0.0065%
NOK 6.7m
Thomas Oybo
Head of Share Portfolio & Investment Director18.5yrsno datano data
Frode Kronstad
Senior Vice President of Corporate Accountingno datano datano data
Kari Lindtvedt
Senior Vice President of Investor Relationsno datano datano data

2.7yrs

Average Tenure

53.5yo

Average Age

Experienced Management: ORK's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Christina Fagerberg
Independent Director2.8yrsNOK 770.00k0.0020%
NOK 2.1m
Roger Vangen
Employee Representative Director8.8yrsNOK 1.12m0.0012%
NOK 1.2m
Liselott Kilaas
Independent Director7.8yrsNOK 797.00k0.0019%
NOK 2.0m
Terje Utstrand
Employee Representative Director13.1yrsNOK 1.38m0.0011%
NOK 1.2m
Stein Hagen
Chairman of the Board21.1yrsNOK 1.09mno data
Bengt Rem
Directorless than a yearno datano data
Rolv Erik Ryssdal
Independent Director2.3yrsNOK 630.00k0.0016%
NOK 1.7m
Peter Agnefjall
Independent Director6.8yrsNOK 840.00k0.0020%
NOK 2.1m
Caroline Marie Kjos
Member of the Board2.1yrsNOK 420.00kno data
Ingrid Nielsen
Employee Representative Director1.1yrsno datano data
Marte Sølvsberg
Business Advisor to President and CEOno datano datano data
Xavier Belison
Chairman of Orkla Foods Europe1.8yrsno datano data

2.8yrs

Average Tenure

60yo

Average Age

Experienced Board: ORK's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 16:11
End of Day Share Price 2025/02/07 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.

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 Github.

Analyst Sources

Orkla ASA is covered by 25 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
Kenneth SivertsenArctic Securities ASA
Patrick FolanBarclays