Atea ASA

OB:ATEA Stock Report

Market Cap: NOK 15.3b

Atea Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Steinar Sonsteby

Chief executive officer

NOK 17.1m

Total compensation

CEO salary percentage32.2%
CEO tenure11yrs
CEO ownership0.1%
Management average tenure10.4yrs
Board average tenure6.7yrs

Recent management updates

Shareholders May Be More Conservative With Atea ASA's (OB:ATEA) CEO Compensation For Now

Apr 19
Shareholders May Be More Conservative With Atea ASA's (OB:ATEA) CEO Compensation For Now

Recent updates

Atea (OB:ATEA) Has Announced A Dividend Of NOK3.50

Nov 06
Atea (OB:ATEA) Has Announced A Dividend Of NOK3.50

Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Oct 23
Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Returns On Capital Are Showing Encouraging Signs At Atea (OB:ATEA)

Oct 08
Returns On Capital Are Showing Encouraging Signs At Atea (OB:ATEA)

Atea ASA's (OB:ATEA) Shareholders Might Be Looking For Exit

Aug 31
Atea ASA's (OB:ATEA) Shareholders Might Be Looking For Exit

Atea's (OB:ATEA) Dividend Will Be NOK3.50

Aug 07
Atea's (OB:ATEA) Dividend Will Be NOK3.50

Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Jul 23
Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Earnings Miss: Atea ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts

Jul 17
Earnings Miss: Atea ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts

Atea (OB:ATEA) Has A Pretty Healthy Balance Sheet

Jul 13
Atea (OB:ATEA) Has A Pretty Healthy Balance Sheet

Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Jun 19
Atea (OB:ATEA) Will Pay A Dividend Of NOK3.50

Atea's (OB:ATEA) Dividend Will Be NOK3.50

May 24
Atea's (OB:ATEA) Dividend Will Be NOK3.50

Shareholders May Be More Conservative With Atea ASA's (OB:ATEA) CEO Compensation For Now

Apr 19
Shareholders May Be More Conservative With Atea ASA's (OB:ATEA) CEO Compensation For Now

Atea (OB:ATEA) Is Aiming To Keep Up Its Impressive Returns

Mar 13
Atea (OB:ATEA) Is Aiming To Keep Up Its Impressive Returns

There's Reason For Concern Over Atea ASA's (OB:ATEA) Price

Dec 21
There's Reason For Concern Over Atea ASA's (OB:ATEA) Price

Here's What Atea's (OB:ATEA) Strong Returns On Capital Mean

Oct 19
Here's What Atea's (OB:ATEA) Strong Returns On Capital Mean

Is It Time To Consider Buying Atea ASA (OB:ATEA)?

Aug 24
Is It Time To Consider Buying Atea ASA (OB:ATEA)?

Here's Why Atea (OB:ATEA) Can Manage Its Debt Responsibly

Aug 09
Here's Why Atea (OB:ATEA) Can Manage Its Debt Responsibly

Many Would Be Envious Of Atea's (OB:ATEA) Excellent Returns On Capital

Jul 19
Many Would Be Envious Of Atea's (OB:ATEA) Excellent Returns On Capital

Calculating The Fair Value Of Atea ASA (OB:ATEA)

Jun 07
Calculating The Fair Value Of Atea ASA (OB:ATEA)

Is Now An Opportune Moment To Examine Atea ASA (OB:ATEA)?

May 16
Is Now An Opportune Moment To Examine Atea ASA (OB:ATEA)?

Broker Revenue Forecasts For Atea ASA (OB:ATEA) Are Surging Higher

May 04
Broker Revenue Forecasts For Atea ASA (OB:ATEA) Are Surging Higher

Here's Why Atea (OB:ATEA) Has Caught The Eye Of Investors

Apr 22
Here's Why Atea (OB:ATEA) Has Caught The Eye Of Investors

Industry Analysts Just Made A Meaningful Upgrade To Their Atea ASA (OB:ATEA) Revenue Forecasts

Feb 04
Industry Analysts Just Made A Meaningful Upgrade To Their Atea ASA (OB:ATEA) Revenue Forecasts

CEO Compensation Analysis

How has Steinar Sonsteby's remuneration changed compared to Atea's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 771m

Jun 30 2024n/an/a

NOK 761m

Mar 31 2024n/an/a

NOK 817m

Dec 31 2023NOK 17mNOK 6m

NOK 800m

Sep 30 2023n/an/a

NOK 850m

Jun 30 2023n/an/a

NOK 864m

Mar 31 2023n/an/a

NOK 892m

Dec 31 2022NOK 19mNOK 5m

NOK 848m

Sep 30 2022n/an/a

NOK 853m

Jun 30 2022n/an/a

NOK 843m

Mar 31 2022n/an/a

NOK 763m

Dec 31 2021NOK 15mNOK 5m

NOK 760m

Sep 30 2021n/an/a

NOK 740m

Jun 30 2021n/an/a

NOK 703m

Mar 31 2021n/an/a

NOK 712m

Dec 31 2020NOK 14mNOK 4m

NOK 590m

Sep 30 2020n/an/a

NOK 524m

Jun 30 2020n/an/a

NOK 510m

Mar 31 2020n/an/a

NOK 457m

Dec 31 2019NOK 16mNOK 4m

NOK 530m

Sep 30 2019n/an/a

NOK 516m

Jun 30 2019n/an/a

NOK 473m

Mar 31 2019n/an/a

NOK 459m

Dec 31 2018NOK 7mNOK 4m

NOK 467m

Compensation vs Market: Steinar's total compensation ($USD1.51M) is above average for companies of similar size in the Norwegian market ($USD796.51K).

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

CEO

Steinar Sonsteby (62 yo)

11yrs

Tenure

NOK 17,100,000

Compensation

Mr. Steinar Sonsteby has been the Chief Executive Officer of Atea ASA since February 2014 and served as its President and Acting Managing Director of Atea Norway AS until March 11, 2016. He is Board Member...

Leadership Team

NamePositionTenureCompensationOwnership
Steinar Sonsteby
Chief Executive Officer11yrsNOK 17.10m0.11%
NOK 17.1m
Robert Giori
Chief Financial Officer10.4yrsNOK 8.40m0.11%
NOK 17.3m
Carl-Johan Hultenheim
Chief Operating Officer14yrsNOK 11.08m0.013%
NOK 1.9m
Juha Sihvonen
Managing Director of Atea Finland OY (Finland)16.7yrsNOK 8.97m0.00015%
NOK 22.9k
Arunas Bartusevicius
Managing Director of Atea Baltic UAB (the Baltics)no dataNOK 4.49m0.15%
NOK 23.3m
Kathrine Forsberg
Managing Director of Atea Denmark5yrsNOK 7.52m0.00014%
NOK 21.4k
Linus Wallin
Managing Director of Atea Sverige AB - Sweden4yrsNOK 7.25m0.00013%
NOK 19.9k
Ole Saxrud
Managing Director3.3yrsNOK 5.40m0.0015%
NOK 224.6k
Ole Fjellestad
Group Chief Accountantno datano datano data
Silje Gabrielsen
CFO of Atea Norwayno datano datano data
Ignas Bartkus
Group Controllerno datano datano data
Christian Stangeland
Director of Business Controlno datano datano data

10.4yrs

Average Tenure

55.5yo

Average Age

Experienced Management: ATEA's management team is seasoned and experienced (10.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Carl Wollebekk
Director1.8yrsno datano data
Morten Jurs
Independent Director14.8yrsNOK 350.00kno data
Svein-Tore Andersen
Alternate Directorno datano datano data
Truls Berntsen
Employee Elected Directorno dataNOK 33.33k0.00013%
NOK 19.9k
Sven Madsen
Independent Chairman of the Board16.8yrsNOK 300.00k0.012%
NOK 1.8m
Lisbeth Kvan
Independent Director11.7yrsNOK 300.00kno data
Saloume Djoudat
Independent Director9.8yrsNOK 200.00kno data
Arild Birkelund
Deputy Board Member6.7yrsno datano data
Tiril Fjeld
Deputy Board Member6.7yrsno datano data
Lone Kunøe
Director1.8yrsno data0.56%
NOK 85.6m
Marius Hole
Employee Elected Director2.7yrsno data0.000030%
NOK 4.6k
Nelly Flatland
Employee Elected Director2.7yrsno datano data

6.7yrs

Average Tenure

59yo

Average Age

Experienced Board: ATEA's board of directors are considered experienced (6.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 06:56
End of Day Share Price 2025/01/21 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

Atea ASA is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aksel Øverland EngebakkenABG Sundal Collier
Markus BjerkeArctic Securities ASA
Erik HjulströmBeringer Finance AB