Norsk Hydro ASA

OB:NHY Stock Report

Market Cap: NOK 123.9b

Norsk Hydro Management

Management criteria checks 2/4

Norsk Hydro's CEO is Eivind Kallevik, appointed in Feb 2013, has a tenure of 11.83 years. total yearly compensation is NOK9.78M, comprised of 47% salary and 53% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth NOK6.11M. The average tenure of the management team and the board of directors is 4.9 years and 2.6 years respectively.

Key information

Eivind Kallevik

Chief executive officer

NOK 9.8m

Total compensation

CEO salary percentage47.0%
CEO tenure11.8yrs
CEO ownership0.005%
Management average tenure4.9yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

Investors Appear Satisfied With Norsk Hydro ASA's (OB:NHY) Prospects

Nov 20
Investors Appear Satisfied With Norsk Hydro ASA's (OB:NHY) Prospects

There May Be Some Bright Spots In Norsk Hydro's (OB:NHY) Earnings

Nov 02
There May Be Some Bright Spots In Norsk Hydro's (OB:NHY) Earnings

Norsk Hydro ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 27
Norsk Hydro ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively

Oct 19
These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively

An Intrinsic Calculation For Norsk Hydro ASA (OB:NHY) Suggests It's 43% Undervalued

Sep 02
An Intrinsic Calculation For Norsk Hydro ASA (OB:NHY) Suggests It's 43% Undervalued

There's Reason For Concern Over Norsk Hydro ASA's (OB:NHY) Price

Aug 12
There's Reason For Concern Over Norsk Hydro ASA's (OB:NHY) Price

Norsk Hydro (OB:NHY) Is Reinvesting To Multiply In Value

Jul 20
Norsk Hydro (OB:NHY) Is Reinvesting To Multiply In Value

Norsk Hydro (OB:NHY) Takes On Some Risk With Its Use Of Debt

Jul 05
Norsk Hydro (OB:NHY) Takes On Some Risk With Its Use Of Debt

Norsk Hydro's (OB:NHY) Shareholders Will Receive A Smaller Dividend Than Last Year

Apr 29
Norsk Hydro's (OB:NHY) Shareholders Will Receive A Smaller Dividend Than Last Year

Norsk Hydro ASA Just Missed Earnings - But Analysts Have Updated Their Models

Apr 28
Norsk Hydro ASA Just Missed Earnings - But Analysts Have Updated Their Models

Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50

Apr 13
Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50

What Norsk Hydro ASA's (OB:NHY) 26% Share Price Gain Is Not Telling You

Apr 05
What Norsk Hydro ASA's (OB:NHY) 26% Share Price Gain Is Not Telling You

Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

Mar 21
Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

Mar 07
Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

Norsk Hydro (OB:NHY) Will Pay A Smaller Dividend Than Last Year

Feb 22
Norsk Hydro (OB:NHY) Will Pay A Smaller Dividend Than Last Year

Norsk Hydro's (OB:NHY) Soft Earnings Are Actually Better Than They Appear

Feb 20
Norsk Hydro's (OB:NHY) Soft Earnings Are Actually Better Than They Appear

We Like Norsk Hydro's (OB:NHY) Returns And Here's How They're Trending

Feb 08
We Like Norsk Hydro's (OB:NHY) Returns And Here's How They're Trending

Many Still Looking Away From Norsk Hydro ASA (OB:NHY)

Jan 08
Many Still Looking Away From Norsk Hydro ASA (OB:NHY)

CEO Compensation Analysis

How has Eivind Kallevik's remuneration changed compared to Norsk Hydro's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 1b

Jun 30 2024n/an/a

NOK 191m

Mar 31 2024n/an/a

NOK 3b

Dec 31 2023NOK 10mNOK 5m

NOK 4b

Sep 30 2023n/an/a

NOK 6b

Jun 30 2023n/an/a

NOK 14b

Mar 31 2023n/an/a

NOK 20b

Dec 31 2022NOK 8mNOK 4m

NOK 24b

Sep 30 2022n/an/a

NOK 31b

Jun 30 2022n/an/a

NOK 25b

Mar 31 2022n/an/a

NOK 16b

Dec 31 2021NOK 8mNOK 4m

NOK 12b

Sep 30 2021n/an/a

NOK 12b

Jun 30 2021n/an/a

NOK 11b

Mar 31 2021n/an/a

NOK 7b

Dec 31 2020NOK 6mNOK 4m

NOK 4b

Sep 30 2020n/an/a

-NOK 3b

Jun 30 2020n/an/a

-NOK 5b

Mar 31 2020n/an/a

-NOK 3b

Dec 31 2019NOK 7mNOK 4m

-NOK 2b

Sep 30 2019n/an/a

-NOK 2b

Jun 30 2019n/an/a

-NOK 19m

Mar 31 2019n/an/a

NOK 2b

Dec 31 2018NOK 7mNOK 4m

NOK 4b

Sep 30 2018n/an/a

NOK 8b

Jun 30 2018n/an/a

NOK 10b

Mar 31 2018n/an/a

NOK 9b

Dec 31 2017NOK 7mNOK 3m

NOK 9b

Compensation vs Market: Eivind's total compensation ($USD863.47K) is below average for companies of similar size in the Norwegian market ($USD1.40M).

Compensation vs Earnings: Eivind's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Eivind Kallevik (57 yo)

11.8yrs

Tenure

NOK 9,782,000

Compensation

Mr. Eivind Kallevik serves as Member of Corporate Management Board at Norsk Hydro ASA and serves as President and Chief Executive Officer since May 13, 2024. He served as Executive Vice President of Alumin...

Leadership Team

NamePositionTenureCompensationOwnership
Eivind Kallevik
CEO, President & Member of Corporate Management Board11.8yrsNOK 9.78m0.0049%
NOK 6.1m
Trond Christophersen
Executive VP2.1yrsNOK 6.43m0.00076%
NOK 941.3k
Arvid Moss
Member of Corporate Management Board16.3yrsNOK 7.70m0.0098%
NOK 12.2m
Anne-Lene Midseim
Executive VP of Compliance9.9yrsNOK 6.98m0.0026%
NOK 3.2m
John Thuestad
Executive VP of Bauxite & Alumina and Member of Corporate Management Board6.5yrsNOK 14.42m0.0047%
NOK 5.8m
Hilde Nordh
Executive VP of People & HSE and Member of Corporate Management Board5.9yrsNOK 5.54m0.0022%
NOK 2.7m
Paul Warton
Executive VP of Hydro Extruded Solutions & Member of Corporate Management Board3.8yrsNOK 16.17m0.0018%
NOK 2.3m
Therese Holm
Executive VP for Communication & Public Affairs and Member of Corporate Management Board3.6yrsNOK 4.28m0.00045%
NOK 557.3k
Hanne Simensen
Executive VP of Hydro Aluminium Metal & Member of Corporate Management Boardless than a yearNOK 5.56mno data
Peik Norenberg
Head of Corporate Financeno datano datano data
Martine Hagen
Head of Investor Relations1.6yrsno datano data
Erik Fossum
Head of Precision Tubing Hydro Extrusionsno datano datano data

4.9yrs

Average Tenure

56.5yo

Average Age

Experienced Management: NHY's management team is considered experienced (4.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Peter Gerald Kukielski
Independent Director5.6yrsNOK 633.00k0.00040%
NOK 495.4k
Espen Gundersen
Independent Directorless than a yearno data0.00050%
NOK 619.3k
Rune Bjerke
Independent Chairman of the Board4.5yrsNOK 560.00k0.0013%
NOK 1.7m
Marianne Wiinholt
Independent Director8.6yrsNOK 797.00kno data
Jane Toogood
Independent Directorless than a yearno datano data
Bjorn Moxnes
Employee Representative Director2.6yrsNOK 554.00k0.000040%
NOK 49.5k
Arve Baade
Employee Representative Director6.2yrsNOK 503.00k0.00033%
NOK 408.7k
Kristin Kragseth
Independent Deputy Chair2.6yrsNOK 503.00k0.000060%
NOK 74.3k
Philip New
Independent Director2.6yrsNOK 711.00k0.000040%
NOK 49.5k
Margunn Sundve
Employee Representative Director2.6yrsNOK 403.00k0.000050%
NOK 61.9k
Torleif Sand
Employee Representative Director2.6yrsNOK 403.00k0%
NOK 0

2.6yrs

Average Tenure

59yo

Average Age

Experienced Board: NHY's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 08:25
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

Norsk Hydro ASA is covered by 42 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bengt JonassenABG Sundal Collier
Varun SikkaAlphaValue
Thomas LorckArctic Securities ASA