Norbit ASA

OB:NORBT Stock Report

Market Cap: NOK 12.8b

Norbit Management

Management criteria checks 3/4

Norbit's CEO is Per Weisethaunet, appointed in Jan 2001, has a tenure of 24.42 years. total yearly compensation is NOK7.70M, comprised of 46.8% salary and 53.2% bonuses, including company stock and options. directly owns 11.14% of the company’s shares, worth NOK1.42B. The average tenure of the management team and the board of directors is 4.9 years and 4.6 years respectively.

Key information

Per Weisethaunet

Chief executive officer

NOK 7.7m

Total compensation

CEO salary percentage46.75%
CEO tenure24.4yrs
CEO ownership11.1%
Management average tenure4.9yrs
Board average tenure4.6yrs

Recent management updates

Shareholders Would Not Be Objecting To Norbit ASA's (OB:NORBT) CEO Compensation And Here's Why

Apr 30
Shareholders Would Not Be Objecting To Norbit ASA's (OB:NORBT) CEO Compensation And Here's Why

We Think Shareholders Will Probably Be Generous With Norbit ASA's (OB:NORBT) CEO Compensation

Apr 30
We Think Shareholders Will Probably Be Generous With Norbit ASA's (OB:NORBT) CEO Compensation

Recent updates

Norbit ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 17
Norbit ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Rainbows and Unicorns: The Norbit ASA (OB:NORBT) Analyst Just Became A Lot More Optimistic

May 16
Rainbows and Unicorns: The Norbit ASA (OB:NORBT) Analyst Just Became A Lot More Optimistic

Market Participants Recognise Norbit ASA's (OB:NORBT) Earnings Pushing Shares 32% Higher

May 06
Market Participants Recognise Norbit ASA's (OB:NORBT) Earnings Pushing Shares 32% Higher

Shareholders Would Not Be Objecting To Norbit ASA's (OB:NORBT) CEO Compensation And Here's Why

Apr 30
Shareholders Would Not Be Objecting To Norbit ASA's (OB:NORBT) CEO Compensation And Here's Why

Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 27
Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year

Norbit (OB:NORBT) Will Pay A Larger Dividend Than Last Year At NOK3.00

Apr 13
Norbit (OB:NORBT) Will Pay A Larger Dividend Than Last Year At NOK3.00

Norbit (OB:NORBT) Could Easily Take On More Debt

Mar 15
Norbit (OB:NORBT) Could Easily Take On More Debt

We Think That There Are Issues Underlying Norbit's (OB:NORBT) Earnings

Feb 22
We Think That There Are Issues Underlying Norbit's (OB:NORBT) Earnings

Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 16
Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year
author-image

WBMS X, i80S Launches And Toll4Europe Partnership Will Expand Markets And Improve Efficiency

New products and strategic partnerships are set to drive significant revenue growth by expanding market reach and enhancing product offerings.

Norbit ASA Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next

Nov 17
Norbit ASA Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next

Norbit's (OB:NORBT) Weak Earnings May Only Reveal A Part Of The Whole Picture

Aug 23
Norbit's (OB:NORBT) Weak Earnings May Only Reveal A Part Of The Whole Picture

Earnings Beat: Norbit ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 19
Earnings Beat: Norbit ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Norbit ASA's (OB:NORBT) 27% Jump Shows Its Popularity With Investors

Jul 05
Norbit ASA's (OB:NORBT) 27% Jump Shows Its Popularity With Investors

We Think Shareholders Will Probably Be Generous With Norbit ASA's (OB:NORBT) CEO Compensation

Apr 30
We Think Shareholders Will Probably Be Generous With Norbit ASA's (OB:NORBT) CEO Compensation

Norbit's (OB:NORBT) Dividend Will Be Increased To NOK2.55

Apr 26
Norbit's (OB:NORBT) Dividend Will Be Increased To NOK2.55

Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 10
Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year

If EPS Growth Is Important To You, Norbit (OB:NORBT) Presents An Opportunity

Oct 19
If EPS Growth Is Important To You, Norbit (OB:NORBT) Presents An Opportunity

Norbit (OB:NORBT) Could Become A Multi-Bagger

Aug 19
Norbit (OB:NORBT) Could Become A Multi-Bagger

Here's Why Norbit (OB:NORBT) Has Caught The Eye Of Investors

May 11
Here's Why Norbit (OB:NORBT) Has Caught The Eye Of Investors

Norbit (OB:NORBT) Will Pay A Larger Dividend Than Last Year At NOK0.70

Apr 02
Norbit (OB:NORBT) Will Pay A Larger Dividend Than Last Year At NOK0.70

Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 11
Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year

Norbit (OB:NORBT) Has Announced That It Will Be Increasing Its Dividend To NOK0.70

Feb 18
Norbit (OB:NORBT) Has Announced That It Will Be Increasing Its Dividend To NOK0.70

These 4 Measures Indicate That Norbit (OB:NORBT) Is Using Debt Reasonably Well

Dec 08
These 4 Measures Indicate That Norbit (OB:NORBT) Is Using Debt Reasonably Well

Norbit (OB:NORBT) Is Experiencing Growth In Returns On Capital

Nov 05
Norbit (OB:NORBT) Is Experiencing Growth In Returns On Capital

A Look At The Fair Value Of Norbit ASA (OB:NORBT)

May 11
A Look At The Fair Value Of Norbit ASA (OB:NORBT)

CEO Compensation Analysis

How has Per Weisethaunet's remuneration changed compared to Norbit's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

NOK 303m

Dec 31 2024NOK 8mNOK 4m

NOK 243m

Sep 30 2024n/an/a

NOK 180m

Jun 30 2024n/an/a

NOK 167m

Mar 31 2024n/an/a

NOK 164m

Dec 31 2023NOK 5mNOK 3m

NOK 185m

Sep 30 2023n/an/a

NOK 182m

Jun 30 2023n/an/a

NOK 172m

Mar 31 2023n/an/a

NOK 146m

Dec 31 2022NOK 5mNOK 3m

NOK 107m

Sep 30 2022n/an/a

NOK 79m

Jun 30 2022n/an/a

NOK 78m

Mar 31 2022n/an/a

NOK 62m

Dec 31 2021NOK 4mNOK 3m

NOK 48m

Sep 30 2021n/an/a

NOK 33m

Jun 30 2021n/an/a

NOK 37m

Mar 31 2021n/an/a

NOK 21m

Dec 31 2020NOK 3mNOK 3m

NOK 27m

Sep 30 2020n/an/a

NOK 55m

Jun 30 2020n/an/a

NOK 59m

Mar 31 2020n/an/a

NOK 48m

Dec 31 2019NOK 9mNOK 2m

NOK 77m

Sep 30 2019n/an/a

NOK 60m

Jun 30 2019n/an/a

NOK 49m

Mar 31 2019n/an/a

NOK 85m

Dec 31 2018NOK 2mNOK 2m

NOK 48m

Compensation vs Market: Per's total compensation ($USD761.59K) is about average for companies of similar size in the Norwegian market ($USD916.35K).

Compensation vs Earnings: Per's compensation has increased by more than 20% in the past year.

CEO

Per Weisethaunet

24.4yrs
Tenure
NOK 7,700,000
Compensation

Mr. Per Jorgen Weisethaunet has been Group Chief Executive Officer 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....

Leadership Team

NamePositionTenureCompensationOwnership
Per Weisethaunet
Group Chief Executive Officer24.4yrsNOK 7.70m11.14%
NOK 1.4b
Per Reppe
Group Chief Financial Officer4.9yrsNOK 6.30m0.15%
NOK 19.4m
Astrid Stevik
Chief Operating Officerless than a yearNOK 1.80mno data
Arild Soraunet
Group Chief Technical Officer7.4yrsNOK 4.10m1.12%
NOK 142.4m
Julie Benum
Director of Strategy & ESG2.4yrsNOK 3.10m0.020%
NOK 2.6m
Steffen Kirknes
Founder & Talent Managerno dataNOK 60.00k9.66%
NOK 1.2b
Sture Ingdal
Finance Directorno datano data0.013%
NOK 1.7m
4.9yrs
Average Tenure
49yo
Average Age

Experienced Management: NORBT's management team is considered experienced (4.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Bente Landsnes
Independent Deputy Chairperson6.1yrsNOK 468.00k0.12%
NOK 14.8m
Finn Haugan
Independent Chairperson6.1yrsNOK 593.00k0.15%
NOK 18.8m
Trond Tuvstein
Independent Director6.1yrsNOK 325.00k0.052%
NOK 6.6m
Tom Solberg
Deputy Director3.1yrsNOK 108.00k0.072%
NOK 9.2m
Christina Hallin
Independent Director3.1yrsNOK 225.00kno data
Hakon Kavli
Independent Director1.1yrsno datano data
4.6yrs
Average Tenure
64yo
Average Age

Experienced Board: NORBT's board of directors are considered experienced (4.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/08 08:14
End of Day Share Price 2025/06/06 00:00
Earnings2025/03/31
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

Norbit 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
Marcus GavelliPareto Securities