Norse Atlantic ASA

OB:NORSE Stock Report

Market Cap: NOK 513.5m

Norse Atlantic Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Bjorn Larsen

Chief executive officer

US$182.0k

Total compensation

CEO salary percentage90.7%
CEO tenureno data
CEO ownershipn/a
Management average tenureno data
Board average tenureless than a year

Recent management updates

Recent updates

Here's Why We're Not At All Concerned With Norse Atlantic's (OB:NORSE) Cash Burn Situation

Jun 08
Here's Why We're Not At All Concerned With Norse Atlantic's (OB:NORSE) Cash Burn Situation

Norse Atlantic (OB:NORSE) Will Have To Spend Its Cash Wisely

Sep 28
Norse Atlantic (OB:NORSE) Will Have To Spend Its Cash Wisely

Is Norse Atlantic (OB:NORSE) In A Good Position To Deliver On Growth Plans?

Jan 21
Is Norse Atlantic (OB:NORSE) In A Good Position To Deliver On Growth Plans?

We're Not Very Worried About Norse Atlantic's (OB:NORSE) Cash Burn Rate

Sep 02
We're Not Very Worried About Norse Atlantic's (OB:NORSE) Cash Burn Rate

Companies Like Norse Atlantic (OB:NORSE) Are In A Position To Invest In Growth

Mar 07
Companies Like Norse Atlantic (OB:NORSE) Are In A Position To Invest In Growth

CEO Compensation Analysis

How has Bjorn Larsen's remuneration changed compared to Norse Atlantic's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$165m

Jun 30 2024n/an/a

-US$157m

Mar 31 2024n/an/a

-US$161m

Dec 31 2023US$182kUS$165k

-US$169m

Sep 30 2023n/an/a

-US$171m

Jun 30 2023n/an/a

-US$229m

Mar 31 2023n/an/a

-US$220m

Dec 31 2022US$194kUS$180k

-US$175m

Jun 30 2022n/an/a

-US$60m

Dec 31 2021US$229kUS$162k

-US$8m

Compensation vs Market: Bjorn's total compensation ($USD182.00K) is below average for companies of similar size in the Norwegian market ($USD284.82K).

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

CEO

Bjorn Larsen (56 yo)

no data

Tenure

US$182,000

Compensation

Mr. Bjørn Tore Larsen is the Founder of OSM Maritime Group AS (formerly known as OSM Group AS) since 1989. He served as Independent Director of Golden Ocean Group Limited since March 2021 until 2023. From...

Board Members

NamePositionTenureCompensationOwnership
Marianne Okland
Member of the Board1.1yrsno datano data
Terje Larsen
Chairman3.8yrsUS$34.00kno data
Bjørn Kjos
Member of the Board3.7yrsUS$19.00kno data
Aase Mikkelsen
Member of the Board3.7yrsUS$22.00kno data
Timothy Sanger
Member of the Board1.1yrsno datano data
Synne-Linnea Einarsen
Employee Representative Directorless than a yearno datano data
Leif Moland
Employee Representative Directorless than a yearno datano data
Kristoffer Olsen
Deputy Directorless than a yearno datano data
Mathias Lindborg
Employee Representative Directorless than a yearno datano data
Johanna Lexell
Deputy Directorless than a yearno datano data
Benedicte Lundin
Deputy Directorless than a yearno datano data

0.5yrs

Average Tenure

Experienced Board: NORSE's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 04:53
End of Day Share Price 2024/12/30 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

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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

Norse Atlantic ASA is covered by 0 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