Asetek A/S

OB:ASTK Stock Report

Market Cap: NOK 615.3m

Asetek Management

Management criteria checks 2/4

Asetek's CEO is Andre Eriksen, appointed in Jan 1997, has a tenure of 27.17 years. directly owns 1.43% of the company’s shares, worth NOK8.81M. The average tenure of the management team and the board of directors is 12.5 years and 4.9 years respectively.

Key information

Andre Eriksen

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure27.2yrs
CEO ownership1.4%
Management average tenure12.5yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

The Returns At Asetek (OB:ASTK) Aren't Growing

Dec 01
The Returns At Asetek (OB:ASTK) Aren't Growing

Is Asetek (OB:ASTK) Using Too Much Debt?

Aug 23
Is Asetek (OB:ASTK) Using Too Much Debt?

There's Been No Shortage Of Growth Recently For Asetek's (OB:ASTK) Returns On Capital

Feb 14
There's Been No Shortage Of Growth Recently For Asetek's (OB:ASTK) Returns On Capital

The Trend Of High Returns At Asetek (OB:ASTK) Has Us Very Interested

Aug 23
The Trend Of High Returns At Asetek (OB:ASTK) Has Us Very Interested

Asetek's (OB:ASTK) Earnings Are Weaker Than They Seem

Apr 28
Asetek's (OB:ASTK) Earnings Are Weaker Than They Seem

Asetek A/S (OB:ASTK) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Feb 16
Asetek A/S (OB:ASTK) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Do Institutions Own Asetek A/S (OB:ASTK) Shares?

Jan 25
Do Institutions Own Asetek A/S (OB:ASTK) Shares?

CEO

Andre Eriksen (50 yo)

27.2yrs

Tenure

Mr. Andre Sloth Eriksen founded Asetek A/S in 1997 and serves as its Chief Executive Officer. He served as Managing Director and Chief Technology Officer of Asetek A/S. Mr. Eriksen is a Long-Term Entrepren...

Leadership Team

NamePositionTenureCompensationOwnership
Andre Eriksen
Founder & CEO27.2yrsno data1.43%
NOK 8.8m
Peter Madsen
Chief Financial Officer18.2yrsno data0.48%
NOK 3.0m
John Hamill
Chief Operating Officer6.8yrsno data1.05%
NOK 6.4m
Per-Anders Nyman
Senior Director & Head of Investor Relationsless than a yearno datano data
Jamie Jamieson
Vice President of Global Salesno datano datano data

12.5yrs

Average Tenure

Experienced Management: ASTK's management team is seasoned and experienced (12.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rene Svendsen-Tune
Chairman of the Boardless than a yearUS$41.76k0.24%
NOK 1.5m
Maria Hjorth
Independent Director5.2yrsUS$45.00k0.022%
NOK 136.0k
Erik Damsgaard
Independent Vice Chairman of the Board4.9yrsUS$55.00k0.15%
NOK 914.8k
Jukka Pertola
Independent Director4.9yrsUS$52.15k0.17%
NOK 1.0m
Maja Sand-Grimnitz
Independent Director1.8yrsUS$45.00k0.055%
NOK 339.7k

4.9yrs

Average Tenure

57yo

Average Age

Experienced Board: ASTK's board of directors are considered experienced (4.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/03/27 21:54
End of Day Share Price 2024/03/27 00:00
Earnings2023/12/31
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

Asetek A/S is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Per NordahlArctic Securities ASA
Havard NilssonCarnegie Investment Bank AB
Johan MürerDanske Bank