Desert Control AS

OB:DSRT Stock Report

Market Cap: NOK 285.3m

Desert Control Management

Management criteria checks 1/4

Desert Control's CEO is Ole Sivertsen, appointed in Aug 2019, has a tenure of 5.33 years. total yearly compensation is NOK4.93M, comprised of 46.5% salary and 53.5% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth NOK638.39K. The average tenure of the management team and the board of directors is 1.6 years and 0.8 years respectively.

Key information

Ole Sivertsen

Chief executive officer

NOK 4.9m

Total compensation

CEO salary percentage46.5%
CEO tenure5.3yrs
CEO ownership0.2%
Management average tenure1.6yrs
Board average tenureless than a year

Recent management updates

Recent updates

Desert Control (OB:DSRT) Is In A Good Position To Deliver On Growth Plans

Mar 07
Desert Control (OB:DSRT) Is In A Good Position To Deliver On Growth Plans

Here's Why Desert Control (OB:DSRT) Must Use Its Cash Wisely

Aug 22
Here's Why Desert Control (OB:DSRT) Must Use Its Cash Wisely

We're Keeping An Eye On Desert Control's (OB:DSRT) Cash Burn Rate

Nov 29
We're Keeping An Eye On Desert Control's (OB:DSRT) Cash Burn Rate

Companies Like Desert Control (OB:DSRT) Are In A Position To Invest In Growth

Aug 11
Companies Like Desert Control (OB:DSRT) Are In A Position To Invest In Growth

CEO Compensation Analysis

How has Ole Sivertsen's remuneration changed compared to Desert Control's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NOK 63m

Jun 30 2024n/an/a

-NOK 64m

Mar 31 2024n/an/a

-NOK 55m

Dec 31 2023NOK 5mNOK 2m

-NOK 59m

Sep 30 2023n/an/a

-NOK 69m

Jun 30 2023n/an/a

-NOK 43m

Mar 31 2023n/an/a

-NOK 86m

Dec 31 2022NOK 10mNOK 2m

-NOK 59m

Sep 30 2022n/an/a

-NOK 42m

Jun 30 2022n/an/a

-NOK 60m

Mar 31 2022n/an/a

-NOK 46m

Dec 31 2021NOK 3mNOK 2m

-NOK 32m

Sep 30 2021n/an/a

-NOK 26m

Jun 30 2021n/an/a

-NOK 21m

Mar 31 2021n/an/a

-NOK 19m

Dec 31 2020NOK 2mNOK 1m

-NOK 11m

Compensation vs Market: Ole's total compensation ($USD435.35K) is above average for companies of similar size in the Norwegian market ($USD284.78K).

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

CEO

Ole Sivertsen

5.3yrs

Tenure

NOK 4,932,000

Compensation

Mr. Ole Kristian Sivertsen served as Chief Executive Officer at Desert Control AS since August 2019 and was its Director and served as its President. He serves as its Group Chief Executive Officer at Deser...

Leadership Team

NamePositionTenureCompensationOwnership
Ole Sivertsen
Chief Executive Officer5.3yrsNOK 4.93m0.22%
NOK 638.4k
Jan Vader
Head of Middle East & Licensed Operations1.6yrsNOK 2.22m0.00037%
NOK 1.1k
Viggo Halseth
Chief Innovation Officer2.1yrsNOK 763.00k0.019%
NOK 55.2k
Marty Weems
Managing Director of Americas1.6yrsNOK 2.46mno data
Lars Eismark
Executive Chairmanless than a yearno datano data
Leonard Chaparian
Interim Chief Financial Officer1.3yrsno datano data
Tor Karlsen
Vice President of Production Systemsno dataNOK 1.81mno data

1.6yrs

Average Tenure

Experienced Management: DSRT's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Lars Eismark
Executive Chairmanless than a yearno datano data
Roar Husby
Directorless than a yearno datano data
Marit Oedegaard
Directorno dataNOK 100.00kno data
Maryne Lemvik
Director2.5yrsNOK 100.00kno data
James Thomas
Director1.2yrsno data8.29%
NOK 23.6m

0.8yrs

Average Tenure

Experienced Board: DSRT's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:38
End of Day Share Price 2024/12/20 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

Desert Control AS is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Magnus SolheimFearnley Securities
Eva ChristensenFearnley Securities
Lars ChristensenFearnley Securities