ArcticZymes Technologies ASA

OB:AZT Stock Report

Market Cap: NOK 695.6m

ArcticZymes Technologies Management

Management criteria checks 1/4

ArcticZymes Technologies' CEO is Michael Akoh, appointed in Sep 2023, has a tenure of 1.25 years. total yearly compensation is NOK811.28K, comprised of 66.9% salary and 33.1% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth NOK104.34K. The average tenure of the management team and the board of directors is 1.5 years and 0.9 years respectively.

Key information

Michael Akoh

Chief executive officer

NOK 811.3k

Total compensation

CEO salary percentage66.9%
CEO tenure1.3yrs
CEO ownership0.01%
Management average tenure1.5yrs
Board average tenureless than a year

Recent management updates

Recent updates

Take Care Before Jumping Onto ArcticZymes Technologies ASA (OB:AZT) Even Though It's 25% Cheaper

Nov 28
Take Care Before Jumping Onto ArcticZymes Technologies ASA (OB:AZT) Even Though It's 25% Cheaper

Analysts Are More Bearish On ArcticZymes Technologies ASA (OB:AZT) Than They Used To Be

Nov 12
Analysts Are More Bearish On ArcticZymes Technologies ASA (OB:AZT) Than They Used To Be

ArcticZymes Technologies ASA Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

Nov 09
ArcticZymes Technologies ASA Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

The Price Is Right For ArcticZymes Technologies ASA (OB:AZT) Even After Diving 28%

Aug 31
The Price Is Right For ArcticZymes Technologies ASA (OB:AZT) Even After Diving 28%

ArcticZymes Technologies' (OB:AZT) Solid Earnings May Rest On Weak Foundations

Aug 30
ArcticZymes Technologies' (OB:AZT) Solid Earnings May Rest On Weak Foundations

ArcticZymes Technologies ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Aug 25
ArcticZymes Technologies ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Earnings Miss: ArcticZymes Technologies ASA Missed EPS By 17% And Analysts Are Revising Their Forecasts

May 12
Earnings Miss: ArcticZymes Technologies ASA Missed EPS By 17% And Analysts Are Revising Their Forecasts

ArcticZymes Technologies' (OB:AZT) Shareholders Have More To Worry About Than Only Soft Earnings

Feb 08
ArcticZymes Technologies' (OB:AZT) Shareholders Have More To Worry About Than Only Soft Earnings

ArcticZymes Technologies ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 04
ArcticZymes Technologies ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Investors Aren't Buying ArcticZymes Technologies ASA's (OB:AZT) Revenues

Feb 02
Investors Aren't Buying ArcticZymes Technologies ASA's (OB:AZT) Revenues

ArcticZymes Technologies ASA's (OB:AZT) Sole Analyst Just Made A Substantial Upgrade To Their Forecasts

Apr 29
ArcticZymes Technologies ASA's (OB:AZT) Sole Analyst Just Made A Substantial Upgrade To Their Forecasts

Downgrade: Here's How This Analyst Sees ArcticZymes Technologies ASA (OB:AZT) Performing In The Near Term

Apr 15
Downgrade: Here's How This Analyst Sees ArcticZymes Technologies ASA (OB:AZT) Performing In The Near Term

One Analyst Just Shaved Their ArcticZymes Technologies ASA (OB:AZT) Forecasts Dramatically

Jan 13
One Analyst Just Shaved Their ArcticZymes Technologies ASA (OB:AZT) Forecasts Dramatically

Here's What Analysts Are Forecasting For ArcticZymes Technologies ASA (OB:AZT) After Its First-Quarter Results

May 01
Here's What Analysts Are Forecasting For ArcticZymes Technologies ASA (OB:AZT) After Its First-Quarter Results

CEO Compensation Analysis

How has Michael Akoh's remuneration changed compared to ArcticZymes Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 5m

Jun 30 2024n/an/a

NOK 15m

Mar 31 2024n/an/a

NOK 18m

Dec 31 2023NOK 811kNOK 543k

NOK 19m

Compensation vs Market: Michael's total compensation ($USD70.86K) is below average for companies of similar size in the Norwegian market ($USD288.73K).

Compensation vs Earnings: Insufficient data to compare Michael's compensation with company performance.


CEO

Michael Akoh (51 yo)

1.3yrs

Tenure

NOK 811,275

Compensation

Mr. Michael Benjamin Akoh is Chief Executive Officer at ArcticZymes Technologies ASA since September 18th, 2023. He is an accomplished business executive with strong leadership experience, and an establish...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Akoh
Chief Executive Officer1.3yrsNOK 811.28k0.015%
NOK 104.3k
Borge Sorvoll
Chief Financial Officer10.2yrsNOK 3.16m0.20%
NOK 1.4m
Marit Lorentzen
Vice President of Operations4.9yrsNOK 2.26m0.050%
NOK 345.0k
Jeremy Gillespie
Vice President of Corporate Development & Product Management1.5yrsNOK 1.40mno data
Paul Blackburn
Vice President of Salesless than a yearno datano data

1.5yrs

Average Tenure

50.5yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Frank Mathias
Chairman of the Boardless than a yearno data0.018%
NOK 122.6k
Petter Dragesund
Directorless than a yearno data1.02%
NOK 7.1m
Lill-Hege Henriksen
Employee Elected Observer2.9yrsno data0.0060%
NOK 42.1k
Terese Solstad
Employee Elected Directorless than a yearno datano data
Sharon Brownlow
Directorless than a yearno data0.021%
NOK 144.0k

0.9yrs

Average Tenure

Experienced Board: AZT's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 03:47
End of Day Share Price 2024/12/19 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

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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

ArcticZymes Technologies ASA is covered by 8 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
Hans BohnBeringer Finance AB
Mikkel Nyholt-SmedsengCarnegie Investment Bank AB
Espen JørgensenDNB Markets