SalMar ASA

OB:SALM Stock Report

Market Cap: NOK 65.6b

SalMar Management

Management criteria checks 2/4

SalMar's CEO is Frode Arntsen, appointed in Oct 2022, has a tenure of 2.58 years. total yearly compensation is NOK8.30M, comprised of 57.6% salary and 42.4% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth NOK4.56M. The average tenure of the management team and the board of directors is 5.1 years and 2.9 years respectively.

Key information

Frode Arntsen

Chief executive officer

NOK 8.3m

Total compensation

CEO salary percentage57.6%
CEO tenure2.6yrs
CEO ownership0.007%
Management average tenure5.1yrs
Board average tenure2.9yrs

Recent management updates

Recent updates

SalMar (OB:SALM) Is Reducing Its Dividend To NOK22.00

Apr 13
SalMar (OB:SALM) Is Reducing Its Dividend To NOK22.00

SalMar ASA Just Recorded A 7.3% EPS Beat: Here's What Analysts Are Forecasting Next

Feb 22
SalMar ASA Just Recorded A 7.3% EPS Beat: Here's What Analysts Are Forecasting Next

Earnings Tell The Story For SalMar ASA (OB:SALM)

Feb 14
Earnings Tell The Story For SalMar ASA (OB:SALM)

Does SalMar (OB:SALM) Have A Healthy Balance Sheet?

Dec 11
Does SalMar (OB:SALM) Have A Healthy Balance Sheet?
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Decisive Acquisitions And Offshore Innovations Set The Stage For Robust Growth In 2025

Nov 30 Strategic acquisitions and focus on offshore farming technology aim to optimize operations, enhance value creation, and improve revenue and earnings.

Pinning Down SalMar ASA's (OB:SALM) P/E Is Difficult Right Now

Sep 09
Pinning Down SalMar ASA's (OB:SALM) P/E Is Difficult Right Now

Is SalMar (OB:SALM) Using Too Much Debt?

Jul 12
Is SalMar (OB:SALM) Using Too Much Debt?

SalMar ASA's (OB:SALM) Share Price Matching Investor Opinion

May 21
SalMar ASA's (OB:SALM) Share Price Matching Investor Opinion

CEO Compensation Analysis

How has Frode Arntsen's remuneration changed compared to SalMar's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024NOK 8mNOK 5m

NOK 3b

Sep 30 2024n/an/a

NOK 3b

Jun 30 2024n/an/a

NOK 4b

Mar 31 2024n/an/a

NOK 2b

Dec 31 2023NOK 7mNOK 4m

NOK 3b

Sep 30 2023n/an/a

NOK 959m

Jun 30 2023n/an/a

NOK 909m

Mar 31 2023n/an/a

NOK 4b

Dec 31 2022NOK 4mNOK 3m

NOK 3b

Sep 30 2022n/an/a

NOK 4b

Jun 30 2022n/an/a

NOK 4b

Mar 31 2022n/an/a

NOK 3b

Dec 31 2021NOK 4mNOK 2m

NOK 3b

Sep 30 2021n/an/a

NOK 2b

Jun 30 2021n/an/a

NOK 2b

Mar 31 2021n/an/a

NOK 2b

Dec 31 2020NOK 4mNOK 2m

NOK 2b

Sep 30 2020n/an/a

NOK 3b

Jun 30 2020n/an/a

NOK 2b

Mar 31 2020n/an/a

NOK 2b

Dec 31 2019NOK 4mNOK 2m

NOK 2b

Sep 30 2019n/an/a

NOK 3b

Jun 30 2019n/an/a

NOK 4b

Mar 31 2019n/an/a

NOK 4b

Dec 31 2018NOK 3mNOK 2m

NOK 4b

Compensation vs Market: Frode's total compensation ($USD802.07K) is below average for companies of similar size in the Norwegian market ($USD1.37M).

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

CEO

Frode Arntsen (54 yo)

2.6yrs

Tenure

NOK 8,298,000

Compensation

Mr. Frode Arntsen serves as Chief Executive Officer at SalMar ASA since October 2022. He currently had been COO of Industry and Sales at SalMar ASA since December 1, 2017 until October 2022. He served as D...

Leadership Team

NamePositionTenureCompensationOwnership
Gustav Witzoe
Co-Founder2.9yrsNOK 585.00kno data
Frode Arntsen
Chief Executive Officer2.6yrsNOK 8.30m0.0070%
NOK 4.6m
Ulrik Steinvik
Chief Financial Officer3.6yrsNOK 5.18m0.016%
NOK 10.5m
Simon Sobstad
Chief Operating Officer of Sales & Industry2.6yrsNOK 4.98m0.0013%
NOK 852.3k
Arthur Wisniewski
Director of Human Resource Management7.3yrsNOK 3.82m0.0028%
NOK 1.9m
Runar Sivertsen
Chief Strategy Officer5.1yrsNOK 3.98m0.0043%
NOK 2.8m
Roger Bekken
Chief Operating Officer of Farming6.9yrsNOK 6.21m0.012%
NOK 8.0m
Tonette Bjørgård
Head of Accountingno datano datano data
Hakon Husby
Head of Investor Relations5.2yrsno datano data

5.1yrs

Average Tenure

50yo

Average Age

Experienced Management: SALM's management team is seasoned and experienced (5.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gustav Witzoe
Co-Founder2.9yrsNOK 585.00kno data
Morten Loktu
Independent Director2.9yrsNOK 381.00k0.00075%
NOK 491.7k
Margrethe Hauge
Independent Director7.9yrsNOK 468.00kno data
Leif Nordhammer
Director4.9yrsNOK 328.00k0%
NOK 0
Arnhild Holstad
Independent Director2.9yrsNOK 328.00k0.0025%
NOK 1.6m
Ingvild Kindlihagen
Employee Representative Director1.9yrsNOK 1.35m0.00021%
NOK 137.7k
Hans Stolan
Employee Representative Director1.9yrsNOK 710.00kno data

2.9yrs

Average Tenure

64yo

Average Age

Experienced Board: SALM's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/07 18:16
End of Day Share Price 2025/05/07 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

SalMar ASA is covered by 19 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
Thomas LorckArctic Securities ASA
Alexander SloaneBarclays