Proximar Seafood AS

OB:PROXI Stock Report

Market Cap: NOK 509.0m

Proximar Seafood Management

Management criteria checks 3/4

Proximar Seafood's CEO is Joachim Nielsen, appointed in Jan 2016, has a tenure of 8.92 years. total yearly compensation is NOK427.00K, comprised of 97.7% salary and 2.3% bonuses, including company stock and options. directly owns 2.5% of the company’s shares, worth NOK12.73M. The average tenure of the management team and the board of directors is 5.4 years and 1.8 years respectively.

Key information

Joachim Nielsen

Chief executive officer

NOK 427.0k

Total compensation

CEO salary percentage97.7%
CEO tenure8.9yrs
CEO ownership2.5%
Management average tenure5.4yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joachim Nielsen's remuneration changed compared to Proximar Seafood's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NOK 121m

Jun 30 2024n/an/a

-NOK 129m

Mar 31 2024n/an/a

-NOK 121m

Dec 31 2023NOK 427kNOK 417k

-NOK 93m

Sep 30 2023n/an/a

-NOK 50m

Jun 30 2023n/an/a

-NOK 34m

Mar 31 2023n/an/a

-NOK 15m

Dec 31 2022NOK 5mNOK 4m

-NOK 23m

Sep 30 2022n/an/a

-NOK 24m

Jun 30 2022n/an/a

-NOK 21m

Mar 31 2022n/an/a

-NOK 25m

Dec 31 2021NOK 2mNOK 2m

-NOK 26m

Sep 30 2021n/an/a

-NOK 26m

Jun 30 2021n/an/a

-NOK 27m

Mar 31 2021n/an/a

-NOK 19m

Dec 31 2020NOK 1mNOK 1m

-NOK 11m

Compensation vs Market: Joachim's total compensation ($USD37.60K) is below average for companies of similar size in the Norwegian market ($USD284.82K).

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

CEO

Joachim Nielsen

8.9yrs

Tenure

NOK 427,000

Compensation

Mr. Joachim Nielsen is the Chief Executive Officer at Proximar Seafood AS since 2016. Mr. Nielsen is a co-founder of Proximar Seafood and started working with it's project from 2014. He previously held pos...

Leadership Team

NamePositionTenureCompensationOwnership
Joachim Nielsen
Chief Executive Officer8.9yrsNOK 427.00k2.5%
NOK 12.7m
Ole Willumsen
Chief Financial Officer1.3yrsNOK 2.41m0.44%
NOK 2.2m
Dharmarajan Rajeswaran
Chief Operating Officer2.9yrsNOK 2.57m0.043%
NOK 218.4k
Lars Stigaard
Chief Technology Officer7.9yrsNOK 1.22m0.15%
NOK 746.2k
Yasumitsu Himeno
Corporate Development Directorno datano datano data
Vivian Lunde
Director of ESG & Business Operationsno datano data0.067%
NOK 340.1k
Marius Birkenes
Director of Strategyno datano data0.10%
NOK 528.9k

5.4yrs

Average Tenure

Experienced Management: PROXI's management team is seasoned and experienced (5.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Viggo Halseth
Director2.9yrsNOK 225.00k0.087%
NOK 441.2k
Per Grieg
Director7.9yrsNOK 225.00k5.1%
NOK 25.9m
Peter Hermanrud
Director2.9yrsNOK 225.00k0.056%
NOK 286.4k
Kjell-Erik Ostdahl
Chairman of the Boardless than a yearno datano data
Siri Vike
Directorless than a yearno datano data
Elisabeth Dyvik
Directorless than a yearno datano data

1.8yrs

Average Tenure

66yo

Average Age

Experienced Board: PROXI's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 06:03
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

Proximar Seafood AS is covered by 4 analysts. 3 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
Mindaugas CekanaviciusNorne Securities AS
Carl-Emil JohannessenPareto Securities