Quality Earnings: NORBT has high quality earnings.
Growing Profit Margin: NORBT's current net profit margins (4.4%) are lower than last year (11.5%).
Past Earnings Growth Analysis
Earnings Trend: NORBT's earnings have grown significantly by 24.1% per year over the past 5 years.
Accelerating Growth: NORBT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NORBT had negative earnings growth (-64.4%) over the past year, making it difficult to compare to the Electronic industry average (-2%).
Return on Equity
High ROE: NORBT's Return on Equity (6.3%) is considered low.
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average board tenure
CEO
Per Weisethaunet
20.17yrs
Tenure
kr8,620,000
Compensation
Mr. Per Jørgen Weisethaunet is the current Group CEO of Norbit ASA, which position he has held since joining in 2001. Mr. Weisethaunet has been the co-owner of NORBIT since 2008. Further, Mr. Weisethaunet ...
CEO Compensation Analysis
Compensation vs Market: Per's total compensation ($USD1.02M) is above average for companies of similar size in the Norwegian market ($USD377.54K).
Compensation vs Earnings: Per's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Board Members
Name
Position
Tenure
Compensation
Ownership
Bente Landsnes
Deputy Chairperson
1.83yrs
kr190.00k
0.089% NOK 966.5k
Finn Haugan
Chairperson
1.83yrs
kr292.00k
0.12% NOK 1.3m
Trond Tuvstein
Board Member
1.83yrs
kr117.00k
0.058% NOK 630.0k
Marit Collin
Board Member
1.83yrs
kr88.00k
0.073% NOK 793.7k
Tom Solberg
Board Member
11.83yrs
kr88.00k
0.12% NOK 1.3m
1.8yrs
Average Tenure
60yo
Average Age
Experienced Board: NORBT's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NORBT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Norbit ASA's company bio, employee growth, exchange listings and data sources
Norbit ASA provides technology products and solutions in Norway and internationally. The company offers monitoring and detection services for maritime, and offshore oil and gas projects; consultancy servic...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/03/05 17:22
End of Day Share Price
2021/03/05 00:00
Earnings
2020/12/31
Annual Earnings
2020/12/31
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.