Norske Skog ASA

OB:NSKOG Stock Report

Market Cap: NOK 1.9b

Norske Skog Management

Management criteria checks 1/4

Norske Skog's CEO is Geir Drangsland, appointed in Sep 2023, has a tenure of 1.67 years. total yearly compensation is NOK6.36M, comprised of 79.8% salary and 20.2% bonuses, including company stock and options. directly owns 0.032% of the company’s shares, worth NOK624.16K. The average tenure of the management team and the board of directors is 1.5 years and 2.1 years respectively.

Key information

Geir Drangsland

Chief executive officer

NOK 6.4m

Total compensation

CEO salary percentage79.79%
CEO tenure1.7yrs
CEO ownership0.03%
Management average tenure1.5yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

Norske Skog's (OB:NSKOG) Weak Earnings May Only Reveal A Part Of The Whole Picture

Apr 29
Norske Skog's (OB:NSKOG) Weak Earnings May Only Reveal A Part Of The Whole Picture
author-image

New Recycled Containerboard Capacity Will Secure Market Position

Norske Skog's expansion in packaging paper and strategic machine operations will boost market share and revenue growth, especially in Europe.

Positive Sentiment Still Eludes Norske Skog ASA (OB:NSKOG) Following 25% Share Price Slump

Apr 17
Positive Sentiment Still Eludes Norske Skog ASA (OB:NSKOG) Following 25% Share Price Slump

Market Might Still Lack Some Conviction On Norske Skog ASA (OB:NSKOG) Even After 26% Share Price Boost

Feb 26
Market Might Still Lack Some Conviction On Norske Skog ASA (OB:NSKOG) Even After 26% Share Price Boost

Analyst Forecasts Just Became More Bearish On Norske Skog ASA (OB:NSKOG)

Feb 10
Analyst Forecasts Just Became More Bearish On Norske Skog ASA (OB:NSKOG)

Norske Skog (OB:NSKOG) Seems To Be Using A Lot Of Debt

Feb 02
Norske Skog (OB:NSKOG) Seems To Be Using A Lot Of Debt

Market Cool On Norske Skog ASA's (OB:NSKOG) Earnings Pushing Shares 25% Lower

Nov 19
Market Cool On Norske Skog ASA's (OB:NSKOG) Earnings Pushing Shares 25% Lower

Norske Skog's (OB:NSKOG) Problems Go Beyond Weak Profit

Oct 28
Norske Skog's (OB:NSKOG) Problems Go Beyond Weak Profit

Is Norske Skog (OB:NSKOG) A Risky Investment?

Sep 09
Is Norske Skog (OB:NSKOG) A Risky Investment?

CEO Compensation Analysis

How has Geir Drangsland's remuneration changed compared to Norske Skog's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

NOK 14m

Dec 31 2024NOK 6mNOK 5m

-NOK 661m

Sep 30 2024n/an/a

NOK 389m

Jun 30 2024n/an/a

NOK 676m

Mar 31 2024n/an/a

NOK 477m

Dec 31 2023NOK 3mNOK 2m

NOK 535m

Compensation vs Market: Geir's total compensation ($USD624.50K) is about average for companies of similar size in the Norwegian market ($USD585.60K).

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

CEO

Geir Drangsland (62 yo)

1.7yrs
Tenure
NOK 6,359,000
Compensation

Mr. Geir Olav Drangsland serves as Chief Executive Officer at Norske Skog ASA since September 01, 2023. He was Chairperson at Norske Skog ASA since March 9, 2023 until September 01, 2023. He served as the...

Leadership Team

NamePositionTenureCompensationOwnership
Geir Drangsland
Chief Executive Officer1.7yrsNOK 6.36m0.032%
NOK 624.2k
Tord Torvund
Chief Financial Officer1.2yrsNOK 1.22m0.013%
NOK 249.8k
Even Lund
Senior Vice President of Corporate Finance1.3yrsNOK 1.05m0.029%
NOK 567.5k
Einar Blaauw
Senior VP & General Counsel1.3yrsNOK 2.70mno data
Robert Wood
Senior Vice President of Commercial7.3yrsNOK 2.29m0.0062%
NOK 119.4k
Carsten Dybevig
Vice President of Corporate Communication & Public Affairsno datano datano data
Mari Mogen
Head of Sustainability3.3yrsno datano data
1.5yrs
Average Tenure
44yo
Average Age

Experienced Management: NSKOG's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Eva Berg
Directorless than a yearno datano data
Arvid Grundekjon
Independent Chair of the Board6.6yrsNOK 570.00k0.12%
NOK 2.3m
Christoffer Bull
Independent Director2.1yrsno datano data
Terje Sagbakken
Director1.1yrsno data0.019%
NOK 360.9k
Tore Oestensvig
Board Observer3.3yrsno datano data
Asbjorn Dypdahl
Board Observer2.3yrsno datano data
Trude Ulven
Directorless than a yearno datano data
2.1yrs
Average Tenure
51.5yo
Average Age

Experienced Board: NSKOG's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/28 23:43
End of Day Share Price 2025/05/28 00:00
Earnings2025/03/31
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

Norske Skog ASA is covered by 4 analysts. 2 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
Johannes GrunseliusDNB Markets
Kenneth SivertsenPareto Securities