Elliptic Laboratories ASA

OB:ELABS Stock Report

Market Cap: NOK 1.1b

Elliptic Laboratories Management

Management criteria checks 2/4

Elliptic Laboratories' CEO is Laila Danielsen, appointed in Jun 2013, has a tenure of 11.5 years. total yearly compensation is NOK6.04M, comprised of 72.8% salary and 27.2% bonuses, including company stock and options. directly owns 4.15% of the company’s shares, worth NOK45.40M. The average tenure of the management team and the board of directors is 5.7 years and 5.9 years respectively.

Key information

Laila Danielsen

Chief executive officer

NOK 6.0m

Total compensation

CEO salary percentage72.8%
CEO tenure11.5yrs
CEO ownership4.2%
Management average tenure5.7yrs
Board average tenure5.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Laila Danielsen's remuneration changed compared to Elliptic Laboratories's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NOK 22m

Jun 30 2024n/an/a

-NOK 25m

Mar 31 2024n/an/a

-NOK 26m

Dec 31 2023NOK 6mNOK 4m

-NOK 38m

Sep 30 2023n/an/a

-NOK 37m

Jun 30 2023n/an/a

-NOK 23m

Mar 31 2023n/an/a

-NOK 34m

Dec 31 2022NOK 5mNOK 4m

-NOK 33m

Sep 30 2022n/an/a

-NOK 10m

Jun 30 2022n/an/a

-NOK 18m

Mar 31 2022n/an/a

-NOK 17m

Dec 31 2021NOK 4mNOK 3m

-NOK 11m

Sep 30 2021n/an/a

-NOK 5m

Jun 30 2021n/an/a

-NOK 9m

Mar 31 2021n/an/a

-NOK 10m

Dec 31 2020NOK 4mNOK 3m

-NOK 13m

Sep 30 2020n/an/a

-NOK 24m

Jun 30 2020n/an/a

-NOK 20m

Mar 31 2020n/an/a

-NOK 19m

Dec 31 2019NOK 3mNOK 3m

-NOK 13m

Compensation vs Market: Laila's total compensation ($USD532.84K) is above average for companies of similar size in the Norwegian market ($USD282.93K).

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

CEO

Laila Danielsen

11.5yrs

Tenure

NOK 6,044,000

Compensation

Ms. Laila B. Danielsen is Co-Founder of Elliptic Laboratories ASA. She serves as Chief Executive Officer and President of Elliptic Laboratories AS. Ms. Danielsen served as Vice President of sales at HotLin...

Leadership Team

NamePositionTenureCompensationOwnership
Laila Danielsen
Co-Founder11.5yrsNOK 6.04m4.15%
NOK 45.6m
Lars Holmoy
CFO & Investor Relations3.5yrsNOK 4.90m0.055%
NOK 598.3k
Brian Daly
Executive Vice President of Sales & Business Development6.7yrsNOK 4.11mno data
Espen Klovning
Executive Vice-President of Engineeringno dataNOK 4.13m1.13%
NOK 12.3m
Nilesh Shah
Senior Vice President of Client AI Architecture1.5yrsNOK 2.61mno data
Ola Sandstad
Senior Vice President of Product Development1.2yrsNOK 2.22mno data
Tobias Dahl
Founder17.9yrsno datano data
Bente Høgnes
Finance Director5.7yrsno datano data
Mathias Norderud
Senior Financial Managerno datano datano data

5.7yrs

Average Tenure

Experienced Management: ELABS's management team is seasoned and experienced (5.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Berit Svendsen
Independent Board Member5.9yrsNOK 366.00k0.017%
NOK 187.6k
Svein-Egil Nielsen
Directorless than a yearno datano data
Svenn-Tore Larsen
Independent Chairperson9.9yrsNOK 284.00kno data
Edvin Austbo
Board Member10.9yrsNOK 334.00k7.03%
NOK 77.1m
Ingrid Leisner
Independent Board Member2.9yrsNOK 360.00kno data

5.9yrs

Average Tenure

61yo

Average Age

Experienced Board: ELABS's board of directors are considered experienced (5.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:32
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

Elliptic Laboratories ASA is covered by 0 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