Elliptic Laboratories ASA

OB:ELABS Stock Report

Market Cap: NOK 702.3m

Elliptic Laboratories Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Ola Sandstad

Chief executive officer

NOK 2.1m

Total compensation

CEO salary percentage87.49%
CEO tenureless than a year
CEO ownershipn/a
Management average tenure2.5yrs
Board average tenure6.9yrs

Recent management updates

It's Unlikely That Elliptic Laboratories ASA's (OB:ELABS) CEO Will See A Huge Pay Rise This Year

May 15
It's Unlikely That Elliptic Laboratories ASA's (OB:ELABS) CEO Will See A Huge Pay Rise This Year

Recent updates

Market Cool On Elliptic Laboratories ASA's (OB:ELABS) Revenues Pushing Shares 30% Lower

Nov 22
Market Cool On Elliptic Laboratories ASA's (OB:ELABS) Revenues Pushing Shares 30% Lower

It's Unlikely That Elliptic Laboratories ASA's (OB:ELABS) CEO Will See A Huge Pay Rise This Year

May 15
It's Unlikely That Elliptic Laboratories ASA's (OB:ELABS) CEO Will See A Huge Pay Rise This Year

Elliptic Laboratories ASA's (OB:ELABS) P/S Is Still On The Mark Following 33% Share Price Bounce

May 14
Elliptic Laboratories ASA's (OB:ELABS) P/S Is Still On The Mark Following 33% Share Price Bounce
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Laptop And Smartphone AI Sensors Will Shape Future Markets

Expansion in the laptop and smartphone markets, with multiple AI sensors, is driving significant revenue growth and increased market penetration.

CEO Compensation Analysis

How has Ola Sandstad's remuneration changed compared to Elliptic Laboratories's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-NOK 5m

Jun 30 2025n/an/a

-NOK 13m

Mar 31 2025n/an/a

-NOK 426k

Dec 31 2024NOK 2mNOK 2m

NOK 9m

Sep 30 2024n/an/a

-NOK 22m

Jun 30 2024n/an/a

-NOK 25m

Mar 31 2024n/an/a

-NOK 26m

Dec 31 2023NOK 2mNOK 750k

-NOK 38m

Compensation vs Market: Ola's total compensation ($USD204.62K) is below average for companies of similar size in the Norwegian market ($USD335.63K).

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

CEO

Ola Sandstad

less than a year
Tenure
NOK 2,079,000
Compensation

Mr. Ola Sandstad was Senior Vice President of Product Development of Elliptic Laboratories ASA from October 2023 to November 6, 2025 and serves as its Interim Chief Executive Officer since November 6, 2025...

Leadership Team

NamePositionTenureCompensationOwnership
Ola Sandstad
Interim Chief Executive Officerless than a yearNOK 2.08mno data
Laila Danielsen
Co-Founder & Presidentno dataNOK 5.64m2.25%
NOK 15.8m
Brian Daly
Executive Vice President of Sales & Business Development7.7yrsNOK 3.81mno data
Espen Klovning
Executive Vice-President of Engineeringno dataNOK 2.52m0.17%
NOK 1.2m
Lars Holmoy
Executive Officerless than a yearNOK 3.22m0.055%
NOK 383.0k
Nilesh Shah
Senior Vice President of Client AI Architecture2.5yrsNOK 3.07mno data
Tobias Dahl
Founder18.9yrsno datano data
Mathias Norderud
Interim CFO & Senior Financial Managerless than a yearno datano data
Bente Høgnes
Finance Director6.7yrsno datano data
Patrick Tsui
Vice President of Sales & Product Marketingno datano datano data
2.5yrs
Average Tenure

Experienced Management: ELABS's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Berit Svendsen
Independent Board Member6.9yrsNOK 321.00k0.017%
NOK 120.1k
Svein-Egil Nielsen
Director1.6yrsNOK 125.00kno data
Svenn-Tore Larsen
Independent Chairperson10.9yrsNOK 319.00kno data
Edvin Austbo
Board Member11.9yrsNOK 347.00k7.03%
NOK 49.4m
Ingrid Leisner
Independent Board Member3.9yrsNOK 319.00kno data
6.9yrs
Average Tenure
62yo
Average Age

Experienced Board: ELABS's board of directors are considered experienced (6.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/02 18:03
End of Day Share Price 2025/12/02 00:00
Earnings2025/09/30
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

Elliptic Laboratories ASA is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jørgen WeidemannPareto Securities