Nordic Mining ASA

OB:NOM Stock Report

Market Cap: NOK 2.7b

Nordic Mining Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ivar Fossum

Chief executive officer

NOK 4.9m

Total compensation

CEO salary percentage84.9%
CEO tenureno data
CEO ownership0.1%
Management average tenureno data
Board average tenure6.6yrs

Recent management updates

Recent updates

Is Nordic Mining (OB:NOM) Using Too Much Debt?

Jul 04
Is Nordic Mining (OB:NOM) Using Too Much Debt?

Does Nordic Mining (OB:NOM) Have A Healthy Balance Sheet?

Dec 05
Does Nordic Mining (OB:NOM) Have A Healthy Balance Sheet?

Is Nordic Mining (OB:NOM) Using Debt Sensibly?

Jul 06
Is Nordic Mining (OB:NOM) Using Debt Sensibly?

Nordic Mining's (OB:NOM) Earnings Are Built On Soft Foundations

Nov 16
Nordic Mining's (OB:NOM) Earnings Are Built On Soft Foundations

We're Hopeful That Nordic Mining (OB:NOM) Will Use Its Cash Wisely

May 12
We're Hopeful That Nordic Mining (OB:NOM) Will Use Its Cash Wisely

Is Nordic Mining (OB:NOM) In A Good Position To Invest In Growth?

Jan 11
Is Nordic Mining (OB:NOM) In A Good Position To Invest In Growth?

CEO Compensation Analysis

How has Ivar Fossum's remuneration changed compared to Nordic Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NOK 1m

Jun 30 2024n/an/a

-NOK 20m

Mar 31 2024n/an/a

-NOK 37m

Dec 31 2023NOK 5mNOK 4m

-NOK 46m

Sep 30 2023n/an/a

-NOK 106m

Jun 30 2023n/an/a

-NOK 101m

Mar 31 2023n/an/a

-NOK 24m

Dec 31 2022NOK 3mNOK 2m

NOK 202m

Sep 30 2022n/an/a

NOK 224m

Jun 30 2022n/an/a

NOK 283m

Mar 31 2022n/an/a

NOK 203m

Dec 31 2021NOK 3mNOK 2m

NOK 5m

Sep 30 2021n/an/a

NOK 25m

Jun 30 2021n/an/a

-NOK 35m

Mar 31 2021n/an/a

-NOK 37m

Dec 31 2020NOK 3mNOK 2m

-NOK 33m

Sep 30 2020n/an/a

-NOK 75m

Jun 30 2020n/an/a

-NOK 89m

Mar 31 2020n/an/a

-NOK 97m

Dec 31 2019NOK 3mNOK 2m

NOK 1m

Sep 30 2019n/an/a

NOK 19m

Jun 30 2019n/an/a

NOK 19m

Mar 31 2019n/an/a

NOK 23m

Dec 31 2018NOK 3mNOK 2m

-NOK 72m

Sep 30 2018n/an/a

-NOK 60m

Jun 30 2018n/an/a

-NOK 51m

Mar 31 2018n/an/a

-NOK 49m

Dec 31 2017NOK 3mNOK 2m

-NOK 36m

Compensation vs Market: Ivar's total compensation ($USD431.73K) is about average for companies of similar size in the Norwegian market ($USD534.67K).

Compensation vs Earnings: Ivar's compensation has increased whilst the company is unprofitable.

CEO

Ivar Fossum (66 yo)

no data

Tenure

NOK 4,891,000

Compensation

Mr. Ivar Sund Fossum serves as Director at Keliber Oy since 2021. Mr. Fossum serves as the Chief Executive Officer of Geological Survey of Finland and Nordic Mining ASA. He serves as Chair of the Board at...

Board Members

NamePositionTenureCompensationOwnership
Kjell Roland
Independent Chairman12.9yrsNOK 500.00k0.027%
NOK 738.0k
Eva Kaijser
Independent Director7.6yrsNOK 300.00kno data
Kjell Sletsjøe
Independent Deputy Chairman6.6yrsNOK 300.00k0.016%
NOK 443.7k
Benedicte Nordang
Independent Director5.6yrsNOK 300.00kno data
Tom Lileng
Independent Director1.6yrsno datano data

6.6yrs

Average Tenure

Experienced Board: NOM's board of directors are considered experienced (6.6 years average tenure).

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

Nordic Mining ASA is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Morten NormannCarnegie Investment Bank AB
Andreas BertheussenKepler Cheuvreux
Aleksandr SolovjovNorne Securities AS